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In This Issue
Good
Business Practice
·
Article
·
Tips and hints
·
Trends
General
·
Coaching
·
News,
Information, Events
Evidence that it works
Caring
for carers
Work/Life
balance
Wellbeing
services
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An HR Zone report highlighted a recent business trend:
Bank Holidays trigger workers to leave their jobs! The extended weekend seems
to allow those feeling a little dissatisfied with their current situation to
assess and evaluate options- more often than not resulting in handing in
their resignation come Tuesday morning. It is especially important in this
uncertain climate to keep key staff- recruitment is becoming increasingly
competitive as employees find they have the upper hand in bargaining power.
How then can you ensure you retain your key employees for
your business?
Best wishes,
Kirsten
What the research says…
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How happy are your employees? How do you think they
view their working day- something to look forward to that is rewarding and
worthwhile or something to endure until it’s time to go home?
How do YOU view your working day? Being honest about
your business is a good place to start in making sure you have a happy and
productive staff.
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It all makes a difference:
You might
not be experiencing a mass exodus of employees or have a profit draining
sickness absence problem- 2 key signs of unhappy staff and a poor work
environment; you may not even have that many employees that you think to be
worried.
In 2007,
workplace sickness absence cost the UK economy more than £13 billion;
equal to 28 million working days per year or £588 per employee per
year. Similarly, stress absence causes the loss of 13.8 million working days.
Is that an
amount your business can afford to lose?
If you
did a health audit of your business right now- looking around at your staff,
their motivation, enthusiasm and productivity- how much profit can you see
slipping through your fingers?
Tips and Hints on Good Working Practice
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People have gone beyond wanting a job for the money;
it now has to provide so much more than monetary value.
Implementing a few small initiatives can make a large difference.
Estimated return of investment (ROI) on workplace incentives can be as much
as five times that of initial investment!
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Saying ‘thank you’
Simple
and easy, recognition of work well done does more for employee moral than you
could first assume. Make it public, make it regular and make it authentic.
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Feeling heard
Simple
and easy but can take time if employees are feeling mistrustful. Get out
amongst them, talk to them, hear what they are saying and
don’t be afraid of to admit if you’ve got something wrong.
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Lead by example
Be the
type of person you expect your employees to be.
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Flexible working hours
Along
with government legislation, more and more companies are introducing flexible
hour options. Not silly with our commuting times and distances the highest in
Europe. Allowing staff to work around a
different timetable can have surprising results: an increase in efficiency, staff
loyalty, motivation and productivity!
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Home working
Allowing
staff to work from home for a period of the working week again has surprising
outcomes: rather than sit and watch tv all day, it is found that home workers
are more productive and more motivated.
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Health and Wellbeing initiatives
In an
enormously competitive market, companies have to find ways of keeping ahead
of the competition with recruitment. Employees are now more likely to
interview the company on what they have to offer over and above the standard.
Gym membership, in-house counselors, wellbeing advisors, healthy cafeterias
with quality and varied diet options, sabbaticals, and ‘personal
days’ are all increasingly on recruits’ lists.
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Staff retention
Voucher
schemes have always been around, along with weekly or monthly performance
rewards and incentives but as above, employees are now looking for a little
more from their employer.
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Communication
Found to be one of the top components
to a business’ success, according to their employees. When companies allow
their staff to be in on new developments, when the company vision is shared-
with a tangible personal and intrinsic benefit
to the employee, motivation sky rockets, staff loyalty increases and
retention and recruitment are no longer an issue.
What are you providing your staff to
ensure their health and wellbeing and ultimately your business success?
Aspiring
Change: clarity, action, success
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