87% of millennials say their development in a job is essential. As a new generation of employees is promoted to their first supervisory or management role, organizations continue to fail to set them up for leadership success. One of the first lessons I learned as a new supervisor at the Ritz Carlton Hotel Company was that my customers were no longer my most important priority—it was now my employees (or my internal customers). Unfortunately, many new supervisors or managers do not know what focusing on and taking care of their employees really means.→ Read More
Traditionally, a six-figure salary and 401k options were enough to attract and retain top talent. We no longer live in a traditional world—and the modern workplace has come a long way from what it used to be. While these benefits are still important to employees, they’re not prioritized like they once were. Today, employees are more focused on finding a company that has a positive, strong company culture revolved around learning and growth.
To cater to the “modern” employee and remain competitive in your respective industry, you have to focus on the development of a strong company culture that supports learning and employee growth.→ Read More
When businesses need to balance the books, they tend to cut corners in areas where they find it difficult to prove a return on investment. For this reason, employee development is often an aspect that gets hit – if not by outright budget cuts, then by general neglect and a lack of increased investment.
Promoting in-house is a smart way to grow your business and invest in your staff towards leadership development. Companies that promote from within often have higher satisfaction ratings from employees and there’s nothing like the possibility of a promotion to keep your team working hard. According to Adam Foroughi, a co-founder and CEO:
“Outside hires can sap the motivation for mid-level and junior-level talent to work harder and move up the ladder. When you promote from within, your employees know that the sky’s the limit, so they always work hard and deliver more for your company.
It can be challenging and cumbersome to implement new HR technology in the workplace. According to a Brandon Hall Group study, 29% of workforce management solutions have been in place for five years or more and 45% wanted to alleviate the burden of manual tasks from HR. So, how exactly do you effectively implement HR technologies in the workplace? The success of a new HR technology rollout depends on several key aspects being clearly thought out beforehand. If the HR technology touches multiple people internally, it is important that all stakeholders are onboard from the beginning.→ Read More
Although most organizations spend much of their training budget on technical skills, a large percentage of leaders do not have the necessary skills and emotional competencies to manage the demands of the new economy.
In Dan Goleman’s book, Working with Emotional Intelligence, his research shows that emotional intelligence (EI) is twice the indicator of leadership success as IQ and technical skills combined. He further explains that once people leave school and enter the workforce, IQ and technical skills are often equal among those climbing the professional ladder.→ Read More
Before we hit that reboot button on our performance management programs, let’s be absolutely clear on what performance management actually is, and why we should be doing it. As diverse as organizations are (and as diverse as their PM solutions should be) it is helpful to anchor our thinking within a basic framework. This framework represents the universal outcomes of strong performance programs— outcomes that I’ve come to recognize as indicators of great organizational performance. Think of these three interrelated goals as the essence of all performance programs and the basis from which each organization’s unique differences evolve. → Read More
Since publishing my new book, Culture Hacker, a couple of months ago, I have had some great conversations and brainstorming sessions with Human Resource leaders and Executives across organizations about how to hack their culture and improve their overall employee experience. One outcome has been the development of my ‘Four C’s’ that I believe highlight the required direction of Human Resource leaders and their departments in the future. The 4 C’s refer to the HR leader and department being a Catalyst, Coach, Conductor, and Consultant within their organization.→ Read More
I’m not going to lie to you: rebooting your performance management to effectively drive organizational performance, develop people, and reward equitably requires a good deal of serious thought. Managing performance at a global level, however, warrants serious thought on steroids. You must have a solid understanding of the legislative and regulatory issues, demographic trends, and labor laws from every jurisdiction in which you’ve got people. Hard enough. But the most critical global consideration for rebooting your performance management is to understand the cultural differences in your workforce. → Read More
It seems like nearly every company I’ve worked with is struggling to attract and retain strong technical resources, whether their organization competes in the technology space or not. We can chalk up the demand to the advancement of science and technology’s role in nearly every industry, service, and product out there—combined with a shortage of the necessary STEM (science, technology, engineering, and mathematics) talent to support those needs. And while there’s a lot of literature available on how to meet the needs and expectations of this audience, it seems worth adding a few words on this tricky employee group, specifically in regards to performance strategies.→ Read More
One busy Friday, I met with a West Coast client in the morning and then returned to my office to take a call from one of my East Coast clients in the afternoon. In the span of a few scant hours, both of my clients used the exact same phrase to describe their current performance management programs: “Our performance management program is fine.”
All weekend that phrase was stuck in my brain like an annoying popcorn hull wedged between my teeth.→ Read More
Office workshops break up the day, boost employee loyalty, and reduce turnover because they communicate the message that each individual contributor is more than a number. The key is in choosing the right workshops; the less they feel like a chore for employees, the more effective they’ll be. According to management training and leadership experts at Mind Tools, ineffective workshops can bring more problems than they actually solve: “Done wrong, they can be a huge waste of time and money.→ Read More
We have all experienced the good, the bad and the ugly of customer service. Often, customer service tends to fall into the bad and ugly categories. We have all gritted our teeth before calling a company for service or walking into a store to return an item, fearful of a confrontation because of a rigid policy, or simply because of the bad attitude (usually attributable to ineffective training!) of the person serving us. But whatever the cause, poor customer service can have a lasting effect on both the business offering it and the person on the receiving end.→ Read More
Promoting a consistent culture of recognition is an essential component to employee engagement, but who says you can’t step up your appreciation game every once in a while? A good celebration tends to incite a positive atmosphere that is almost tangible to the touch – and the positivity is infectious. People’s smiles get a little bigger, the laughs a little louder and the residual feel-good attitude can be felt for days after. What’s not to love about that?
In the world of employee recognition, Employee Appreciation Day is the be-all and end-all of celebrations.→ Read More
The balance of power between employee and employer has shifted in recent years, especially in tech-related fields. As a human resources professional or manager, you’re probably all-too familiar with the job-hopping ways of highly skilled employees who feel they can pick and choose the job they want. And that’s reflected in the fact that more than half of all business owners feel that competition for talent is stronger than it’s ever been. But there are a number of ways to attract and keep top talent, and to keep them happy and engaged while they’re with you.→ Read More
For all the complaining about Millennials and their approach to the modern workplace, they are actually responsible for much of the change happening in the modern workforce. Their entry into the workforce, was accompanied by a slew of stereotypes, followed recently by a round of myth-busting, with statistics and all, aimed at debunking those stereotypes. As an “ancient Millennial” myself (a term I borrow from journalist Jessica Grose), I can attest that at least some of the stereotypes come from kernels of truth, but like most stereotypes , they must be taken with a grain of salt.→ Read More
The goal of every recruiter is to find a candidate that perfectly fits the open position. In fact, perfectly aligning a candidate with a company is the most rewarding experience a recruiter can have. When you hire the right person your company likely will not incur costs such as time lost in further recruitment efforts or in training somebody that might not be a perfect fit. To avoid extra costs, companies large and small alike need to find better ways to identify, attract, and subsequently retain top talent.→ Read More
The question of how to measure employee performance represents one of the last vestiges of old-school HR methodology. Today’s workforce is digitally transformed, highly social and mobile, made up of multiple generations, and collaborating across virtual and global locations. There has been a profound shift in the workforce away from hierarchical, top-down organizations towards teams and collaboration, where having a culture of recognition can drive engagement and results far more effectively than infrequent reviews handed down from on high by management.→ Read More
Creating an engaged workforce is critical to business success. Engaged employees positively impact retention, absenteeism, productivity, customer ratings, profitability, and many other business outcomes – as outlined by Gallup. Sadly, only 32% of U.S. employees are engaged – meaning they are “involved in, enthusiastic about and committed to their work and workplace.” And the numbers are even worse beyond our borders, with engagement standing at a mere 13% worldwide! While leading organizations are aware of the problem and are actively seeking solutions, many are not seeing a good return on their engagement investments.→ Read More
Are your employees reaching their full potential at work? According to a Middlesex University study cited in a recent Sh!ft infographic, of almost 4,300 workers polled, a whopping 74% felt that they weren’t achieving their full potential at work. So how does a business engage its employees to make them feel empowered and more productive? One answer is by providing the right learning and development opportunities.
But how do you determine which learning and development opportunities are right for your employees?→ Read More
How important is it to have inspirational leadership versus average leadership? The answer: Very important. According to Great Leadership, organizations with the highest quality leaders were 13 times more likely to outperform their competition in key bottom-line metrics such as financial performance, quality of products and services, employee engagement and customer satisfaction. Which is why it should be mission-critical for businesses to focus on developing inspirational leaders to improve company culture, teamwork, performance and bottom-line results.
CEOs are focusing on leadership development opportunities for their workforce more than ever to maximize business performance and encourage their employees to reach their full potential.→ Read More
Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Here’s a look at the dimensions of this complex problem and some tested managerial practices to alleviate it with long-term solutions.
The dimensions of the problem
Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000.→ Read More
There’s a lot of research identifying the characteristics of a good manager, but what traits are inherent and what traits can you learn?
Learn how to implement performance improvement plans in a way that will motivate employees, not lead to anger or resentment.
Your tuition reimbursement policy may seem like an expensive investment to make in an employee, but many companies see it as a mutually beneficial perk.
Holding regular one-on-one meetings with your employees is a major component of employee coaching and good management.
Millennial employees are more likely than other generations to leave jobs after a short tenure. Make sure your team is prepared to withstand turnover.
Job growth is an essential element of employee engagement. Use these promotion criteria to determine if your employee is ready for the next level.
In 2016, look for organizations to tighten their focus on people management, from building an inclusive company culture to increasing employee engagement. HR trends to watch for 2016 include these three hot topics:
1. Increased use of data analysis
Analyzing data to gather consumer information has been a staple of marketing strategy for decades, but data analytics is only now starting to catch on for HR professionals. One study indicates that the use of big data for people management is gathering momentum, with the current industry average at 42 percent.→ Read More
How do you choose which employees to promote? If you’re like most managers, your answer is straightforward: You move up the workers who perform their duties most competently. Unfortunately, relying on strong performance as your only criterion for promotion may cause your organization to suffer from the Peter Principle. This principle was identified over four decades ago by Dr. Laurence J. Peter and Raymond Hull. They observed that as workers were steadily moved upward in a hierarchy, they eventually reached a position where their competence could no longer warrant further promotion.→ Read More
Job candidates with STEM (science, technology, engineering, and math) skills are some of today’s most coveted professionals, and it’s a buyer’s market for people with this technical talent. In order to compete with other employers for STEM job candidates, employers need to go the extra mile. Here are 5 things your company can do to attract STEM candidates, from the initial inquiry all the way through to an accepted offer.
Start an apprenticeship program
One way to turn up the flow of STEM job applicants is to establish a presence in high schools and colleges.→ Read More
Are you hesitant to put Millennials in managerial roles because of their youth and lack of experience? This hesitancy is certainly understandable. As an experienced professional manager, you’re well aware that years in the industry provide insights that no newcomer can automatically acquire. However, it turns out that your company can still benefit from the unique skills younger staff members can bring to leadership roles. Here are three reasons you should look for Millennials with characteristics of a good leader and give them a chance to shine.→ Read More
The third of the seismic shifts that will affect human capital, human resources, and the human experience at work is the move from theoretical models to real-world behaviors, according to best-selling author and management expert Marcus Buckingham.
As he explained at Achievers Customer Experience 2015, the seismic shifts will force organizations to zoom in from current broad, depersonalized views to localized, team-based approaches to talent management. Buckingham, who also is the founder and chairman of TMBC, shared that today’s HR development tools are based on models, not people.→ Read More
Marcus Buckingham, best-selling author and founder of TMBC, outlined the three seismic shifts in talent management that will take an organization’s focus down to the local level, upset the traditional performance review process, and up-end traditional competency models. During his keynote at Achievers Customer Experience (ACE) 2015, Buckingham explained that organizations will need to move from big data to real-time, reliable data.
According to him, performance ratings data is typically “garbage” because it is generated only once or twice per year, and it’s based on the fallacy that human beings can be reliable of raters of other human beings.→ Read More
As a manager, you need to be able to shape the performance of your staff and offer guidance and course corrections as needed. Giving feedback to your team can be tricky, however, since sounding too negative or critical may cause your listener to simply shut down. Here are a few feedback techniques you can use to guide your employees in a manner that encourages them to perform at their peak.
Center feedback on business outcomes
According to the 2012 Allied Workforce Mobility Survey, employers lose an average of 23 percent of all new hires within their first year. Among those who stay, one third of employees don’t meet expected levels of productivity.
These are alarming statistics. They indicate that new hires are not receiving the quality guidance and onboarding they need when starting a new position. It also means that you, the employer, are probably spending far more in hiring costs than you need to.→ Read More
All too often, business meetings are unproductive, unfocused, and just plain boring. While meetings may have a bad reputation, that doesn’t mean your team can’t work together to create a positive experience for everyone involved. When employees feel engaged in a meeting, it can generate an environment where ideas flow, team collaboration improves, and social bonds are strengthened. Here are five tips for how to run a meeting that increases employee engagement:
- Stand up and get the blood flowing
While many people have anecdotal evidence that standing meetings improve attention and engagement, there’s now research to support this claim.→ Read More
Few things are more nerve-wracking than starting a new job. New hires are often apprehensive when they walk through the door on their first day, and their long-term engagement and success can be affected by how well you onboard them during the first few weeks. One great way to transition your new employees is through mentorship programs. By connecting rookie employees with seasoned mentors, you can improve morale, training quality, and even retention.
Mentoring offers a host of perks for the entire workplace, such as a friendlier work atmosphere and enhanced job training.→ Read More
Many businesses follow specific procedures when they welcome new employees aboard. Typical activities include tours of the workplace, meeting fellow employees, and completing paperwork. These types of activities can improve employee engagement within the first few weeks, and they help employees understand what is expected of them. However, some businesses skimp on those welcome procedures with temps and interns, thinking: “Well, they won’t be here long, so we don’t need to invest in them.”
Thinking like this is a mistake. First, it leads to wasted time and wasted money as interns and temps struggle to acclimate and become productive.→ Read More
Employee onboarding is an essential part of the hiring process, and when it’s done effectively, it can set the foundation for long-term success in the employee’s new role. Too often, however, managers don’t realize the importance of onboarding and the long-term benefits of training and development, so they end up providing a poor-quality employee experience. This has very real effects: according to SHRM, “Half of all senior hires fail within 18 months in a new position, and half of all hourly workers leave new jobs within the first 120 days.”
Do you know the best practices for effectively onboarding your new hires?→ Read More
Many companies tout their employee training and development programs as major perks of employment, but their staff doesn’t always agree. Any professional education program will come with a price tag, so it’s crucial that your employees truly benefit from these offerings. If you offer programs that don’t meet the needs of your employees, you’ll pull them away from their work and add unnecessary commitments to their plate: a lose-lose situation for both the company and employees. Before you put a program in place, but sure that you’re establishing activities or courses that will genuinely contribute to your employees’ growth.→ Read More
In a recent Forbes article, Josh Bersin argues that the time of the annual review has ended. Here’s why companies are ready to let it go, and what will happen next.
What do a graphic designer, an account executive, and a social media specialist have in common? The answer lies within the employee’s desire to heighten their development and acquire new skills, which may or may not relate to their job title.
In order to set up employees for success and foster an engaged workforce, consider offering opportunities to “cross-train,” or develop new skills in a specific field, to reaffirm that the organization supports professional and personal growth.→ Read More
It’s like a bad high school movie — where one clique picks on another less popular clique. But in this movie, it’s not the popular kids who taunt the geeky ones. No, in this movie the still popular kids are traditional Annual Performance Reviews and the geeky aberrations are the pundits pushing to change the system. But like the perennial popular kids of lore, these not-so-bright knuckleheads have a C average.→ Read More