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Do You Have Staying Power? What it Takes to Keep Staff Longer

My grandparents lived and worked in a different world than we do today. And as a 36-year-old, my Millennial friends (now 20-37) and I cannot even fathom what the workplace and the employer/employee relationship used to look like – before smartphones and leggings, and when “because I said so” was an acceptable answer to a staff member’s question.

A Shift in the Workforce

As we look at today’s new workforce, a major difference is that many Gen X workers (now 38-53) who entered the workplace 15-25 years ago were good at working independently, figuring out how to get things done by themselves, and meeting their Baby Boomer bosses’ (now 54-72) expectations. That’s because many Gen Xers were latchkey kids at age 8, 10, or 12, so they had a unique learning opportunity as children to figure out their own homework (before Google) and take care of themselves (without burning the house down). They also were a much smaller generational group than the Boomers, so when they entered the workforce, they did what they were told – without pushing back or asking their supervisors “why?”. They had little power to push back because of their size, so most Gen Xers fell in line and did exactly what the Boomers requested of them in order to advance their careers. Most decided to play the “Boomer Game” and just did their job.

But things in our world – personally and professionally – have changed drastically in the last 20 years, and today, the employer/employee relationship is very different than it used to be. By 2020, Millennials will outnumber the Baby Boomers and Gen Xers in the workplace – meaning more pushback by the younger cohort is expected – and since everyone is hiring, new hires today have much more power moving forward than employers may like.

While it can be frustrating to managers who worked their way up the ladder after painstakingly waiting their turn and paying their dues, Millennials who push back on old ways of doing things should be viewed as helpful, not as a hindrance. After all, what they’re asking for – flexibility, a voice, more appreciation, etc. – is what ALL employees want. And we all know how valuable negative client feedback is, so we treat it as a “gift” that allows us to see the evolving needs of our customers and make adjustments over time for them. Why not see employee pushback and recommendations for change in the same light? Let’s consider employees our internal customers, with whom we must evolve with to retain, and make an effort to change the way we see their pushback.

How to Retain Your Staff

We need to retain our new hires longer, so we must ensure managers and supervisors at all levels are effective communicators. Their staff probably were not raised like they were, so it is critical that leaders communicate their expectations more clearly to staff. It’s not enough to say, “the dress code is business casual” to a new hire. “Business casual” is a relative standard that each employee will view differently, and it’s sure to lead to a missed expectation when that new hire does not realize that her “dressy” flip flops or her “nice” leggings are not considered appropriate for the workplace. Expectations and requests must be more clearly defined than ever before, because staff can’t read managers’ minds. And it’s not “common sense” to know “how it’s always been done” when someone is new – they do not know what you want.

To improve employee retention, work to shift the mindset of your managers to understand today’s new workforce, and ensure they have the right training to effectively communicate with their employees. Building strong, positive, genuine relationships with staff is the best way to extend the tenure of new hires, which will reduce employee turnover over time.

Remember, the one-size-fits-all model for staffing and leadership no longer works, so organizations must encourage their managers to understand what their ever-changing internal customers are looking for in an employer and continue evolving to become a place where people want to work.

Did you know managers account for 70% of the variance in employee engagement? Make sure your management staff makes employee engagement a top priority with Achievers’ ebook Engage or Die: How Companies That Act Fast on Engagement Outpace the Competition.

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About the Author
Cara Silletto
Workforce thought leader, keynote speaker and trainer Cara Silletto, MBA, works with organizations to reduce unnecessary employee turnover by bridging generational gaps and making managers more effective in their roles. She is the President and Chief Retention Officer of Crescendo Strategies (www.crescendostrategies.com) as well as the author of the 2018 book, Staying Power: Why Your Employees Leave & How to Keep Them Longer, available on Amazon. Want to have Cara speak for your organization or upcoming event? Request booking info at solutions@crescendostrategies.com.

 

 

 

 

 

 

Employee quitting

4 Ways to Prevent Your Employees From Quitting

When you hire a new employee, that person is already looking for a new job and at risk of quitting. That rather dire warning is offered by Dan Schawbel, research director at Future Workplace and one of Forbes’ “30 under 30” list. Schawbel cites a study by his company showing that one-third of American workers are at the risk of quitting and looking to change their jobs within the next six months. Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. Clearly, employee retention is a top priority for every organization and it’s HR’s duty to build a strategy that can prevent employees from quitting. Here are four HR best practices to strengthen work culture and protect your company from the high cost of worker churn.

1. Provide Relevant Training Opportunities

As Schawbel investigated the underlying causes for employee attrition, he found a major perception gap between management and workers when it came to a training and development. Sixty percent of managers reported that they provide their employees with a clear path for advancing their careers, while only 36 percent of workers felt that this was true. This discrepancy needs your attention, because you ignore it at your peril: Employees (especially the highly talented ones you’d most like to retain) have more power than they once did, because their skills are in demand. Schawbel’s study found that 41 percent of employees say that they would leave their present companies if they found a position that offered better career advancement.

These numbers suggest that there is more to this equation than simply providing opportunities for training and development. That’s the first step, of course: A study of 4,300 workers found that 74 percent don’t feel that they’re achieving their full potential in their current position, and only 12 percent feel that the training they did receive is actually applicable to their job duties. Along with offering appropriate pathways for your workers to develop their skills, you should ask for frequent feedback to make sure that these opportunities are perceived as being relevant and useful.

2. Encourage Healthy Work-Life Balance

Thirty-nine percent of employees state that a negative balance between work obligations and the rest of their lives constituted a “major pain point” in their careers. These statistics are highlighted by Rich Hein, senior managing editor of CIO Magazine. He points out that the average tenure for an IT worker these days is less than four years, and an unmanageable set of work demands is one of the main culprits for this high turnover rate.

While you can’t necessarily relieve each employee’s outside personal challenges, Hein points out that your organization will benefit by offering flexible hours or telecommuting options. Multiple studies reflect the fact that providing flexibility to employees results in fewer sick hours, greater employee happiness, higher productivity and less stress.

3. Keep Your Managers in the Spotlight

It’s an old truism that people don’t quit jobs — they quit bosses. Even if you’re well aware of this basic human resources principle, it never hurts to be reminded that your management-level staff are key to retaining your workforce. “One manager with poor people skills can do damage to the culture and effectiveness of a company in a short period of time,” points out Maricopa County CIO David Stevens. Too often, people with outstanding technical know-how are promoted to leadership positions, where an entirely different skillset is needed. Fortunately, management training and coaching can be highly effective, and can enable your middle management staff to perform at their full potential.

Productivity consultant Laura Vanderkam adds an interesting twist to this standard advice. She points out that a manager may feel attached to keeping a “rockstar employee” in his or her department, and may be reluctant to provide development training that would advance the person’s career. For this reason, Vanderkam encourages executives and HR specialists to specifically reward managers who successfully move their outstanding employees forward into different departments. The manager’s individual loss will be the organization’s gain, as employee alignment will be strengthened by new career opportunities.

4. Show Your Employees That You Appreciate Them

Wayfair CEO Niraj Shah identifies employee rewards and recognition as one of his three key ways for retaining employees. He acknowledges how easy it is for busy managers to put employee retention “on the back burner,” and he finds that continuous positive feedback is his go-to method of letting employees know how valuable they are to the company.

There’s an art to employee recognition best practices, however: It’s important to provide feedback on an ongoing basis, but workplace expert Lynn Taylor points out that it can’t be “robotic.” Your appreciation needs to be authentic and varied, delivered in a variety of forms. To keep a sense of freshness present in your appreciation, you can change up the channels: Providing your workers with a chance to recognize and praise each other’s contributions will nurture teamwork. Similarly, you may sometimes recognize the unified efforts of a whole team or department, so that it’s clear that everyone benefits from strong employee alignment.

You invest significant resources into recruiting and hiring. Once you’ve onboarded those top-notch employees, however, your HR challenge is only beginning. Lynn Taylor reminds managers, “Retaining the best and brightest is what ultimately matters. The most innovative and successful companies today [have] taken retention efforts to an advanced level.” To learn more about the current retention epidemic and how to prevent your employees from quitting, check out our latest report highlighting key findings from a survey taken by 1,724 employees across the U.S., Canada, UK, and Australia.

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How would you prevent an employee from quitting? Share your comments below.

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Assess Company Culture

5 Simple Ways to Assess Company Culture

Leadership structure, office environment, core mission and values, interpersonal relations, team engagement and communication style—these are just some of the many organizational details that shape company culture, something that is becoming more and more important to businesses of all kinds. A strong company culture improves:

  • Identity of the organization
  • Employee retention
  • Corporate image

What’s more, more people rank “workplace well-being” over monetary or “material benefits,” according to the Harvard Business Reviewand that well-being is created through a positive company culture.

This is why it’s important to assess company culture, just as you would your finances or sales process. If you’ve never done so before, use these five action-steps to critique—and ultimately improve—the culture of your organization.

  1. Evaluate the Onboarding Process

If your goal is to recruit people who are innovative, competent and dedicated to your mission, then it’s crucial to earn their loyalty and respect in the hiring and onboarding process. If the process is unorganized or they’re waiting around for someone to meet with them, they expect the organization to follow suit.

Consider if your training methods are outdated, monotonous and derivative—such as reading a company manual—or if the approach is personalized, engaging, creative and participatory. New hires are eager to learn their positions and acclimate to the team, but if the onboarding process doesn’t “provide the resources and tools they need to ramp-up, they can end up stagnating,” suggests SaplingHR.

Show a strong company culture from the beginning, with an onboarding process that’s as engaging and interesting as it educational.

  1. Gauge Openness Within Leadership

It’s important that you foster a culture of embracing change, especially if you want to be seen as relevant and accessible to young professionals. A recent headline in Harvard Business Review confirms this, Changing Company Culture Requires a Movement, Not a Mandate. The authors explain why this can be challenging:

“Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency.”

When assessing company culture, determine whether leadership has the ability to be agile and fluid. Are they stuck in the “9-to-5” mindset, which can be stiff and resistant to change? If so, the next question is: how can our culture evolve despite hesitancy among executives? There may be the need for change at the top or a board meeting with those who have a say in the direction of the company.

  1. Look at Incentive Programs (Or Lack There-Of)

The act of praising and incentivizing employees who perform well or provide value to the company is critical—but you don’t have to break the bank with bonus checks that are taxed at an extremely high rate.

Instead, make this aspect of the company culture more personal. Take into account each employee’s interests, lifestyle and hobbies, and find ways to reward them with these personal details in mind. For example, if someone loves cooking, show appreciation with a gift certificate for cooking classes.

Conversely, you can give employees an option for how they want to be recognized with something as simple as gift cards, suggests Jason Mauser, VP of Sales at Hawk Incentives. They’re are ideal for satisfying a “diverse group of recipients” because “they’ll appreciate the ability to make their own decision.”

  1. Observe Team Interactions

The strongest and most sustainable company cultures are forged on relationships and human connections. As you assess culture, analyze the dynamics between co-workers and notice how they communicate or collaborate with each other.

  • Do they respect one another’s ideas and opinions?
  • Do they relate on an interpersonal level?
  • Do they function cohesively as a team?
  • Does the setting promote a free exchange of dialogue and unique perspectives?

“In a teamwork environment, people understand and believe that thinking, planning, decisions and actions are better when done cooperatively,” suggests Human Resources expert Susan Heathfield in an article for The Balance.

If there aren’t strong team connections, consider adding more team outings to the roster. These give employees a chance to get to know each other outside the stresses of the office, while you show appreciation for their hard work.

  1. Determine Attitudes from Answers

The right questions will elicit the most valuable insights about your company culture.  Instead of asking directly about culture, gauge how the current climate is affecting attitudes by asking about the success and challenges of the business. If negativity is coming through in answers, you know a change is needed to steer the ship back toward calmer waters. Certain topics may also elicit the same response company-wide, which can also be telling in terms of how the organization is handling a specific issue or challenge.

Here are a few questions to try from Lessons Learned in 29 Powerful Questions to ask in the New Year:

  • What didn’t go so well last year?
  • Were there any cringe-worthy moments?
  • What is the one thing your organization was worst at last year?
  • What did we learn from our mistakes?
  • What lessons can our company leverage?
  • What could our organization do differently over the next 12 months?
  • What break-through moments did we experience last year?
  • What is holding our company back?
  • What can each of us do to be more helpful to the team?

Assess Company Culture—Regularly

The culture of your organization impacts everything from productivity and engagement to retention and growth. While there isn’t a “company culture 101” blue print for every business to follow, you can assess on a regular basis to uncover the unique culture pillars of your organization. Use these tips to do exactly that, slowly creating a company culture that retains top talent and facilitates success.

If you don’t regularly assess your company culture and pay attention to what your employees want, you risk facing the high cost of employee disengagement. To learn more, download this white paper: Is HR a Cost Center? The True Cost of Employee Disengagement.

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Find out more about your employees’ needs and expectations by downloading this report: The Retention Epidemic: Why 74% of the North American Workforce Plans on Quitting.

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Are you ready to improve your work culture? Learn how to enhance your culture and increase employee engagement by attending Achievers Customer Experience (ACE) 2018 in Toronto, October 23-24. Get the early bird rate and save $200 off the regular rate today. Buy now here.

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About the Author
Jessica ThiefelsJessica Thiefels has been writing for more than 10 years and is currently a professional blogger and freelance writer. She spent the last two years working tirelessly for a small startup, where she learned a lot about running business and being resourceful. She now owns her own business and has been featured on Forbes. She’s also written for StartupNation, Manta, Glassdoor and more. Follow her on Twitter @Jlsander07 or connect on LinkedIn.

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Engage Remote Employees

5 Ways to Keep Remote Employees Motivated and Engaged

What types of commuting issues do your workers have? All possible perks and benefits that address those problems (such as public transit vouchers, parking permits, vanpool arrangements, and bike storage) add extra costs to your bottom line – except for one: telecommuting.

On average, businesses save about $11,000 per year for every employee they shift to remote work status for half the week, according to Global Workplace Analytics. At the same time, individual workers save between $2,000 and $7,000 annually. Many companies already realize the cost effectiveness of remote work options, since 37 percent of American workers report telecommuting at least some of the time.

However, as an HR professional you manage people, not budgets. You may wonder what happens to team morale and employee engagement if your workers don’t even have to get out of their pajamas. There is hope on the horizon, because Gallup research finds that employees who spend at least some time working remotely are “more likely to feel engaged in their jobs than those who never work remotely.” Here are 5 management tips for keeping your remote workers aligned and motivated, so you can all benefit from the terrific cost savings offered by telecommuting.

1. Let Workers Control Their Schedules

Once you’ve taken the leap of letting people work remotely, it’s not that big a step to allow them to set their own schedules. Does one employee prefer to work from 6 p.m. to 2 a.m? Except for certain deadlines or teleconferences, that schedule most likely isn’t a problem. You won’t maximize your employees’ well-being from telecommuting if you still require them to clock in every day at 8 a.m.

It’s important to keep in mind that the worker’s home environment is less controlled than an office, and the person may have to break away to deal with a sick child, a runaway pet, someone at the door or a kitchen emergency. The whole attraction of remote work is that it helps people balance the demands on their time.

Dustin Grosse, COO of ClearSlide, offers this advice to managers of remote workers: “Rather than micromanaging when they’re getting the work done, focus on what they’re consistently achieving.” Grosse points out that giving people more control over their time will result in happier and more engaged workers.

2. Work on Building an Active Employee Community

The biggest problem that remote workers encounter is a sense of isolation from the larger group. Your management efforts should be directed toward bringing people together and nurturing employee happiness. One way to do this is to make sure team-members have a chance to talk together. IPEC’s Coaching Excellence emphasizes that emails are not the same thing as talking, and they won’t contribute to a unified work culture.

Today’s remote communications platforms offer sophisticated collaboration tools and vibrant opportunities for conversations that feel like everyone’s in the same room together. Creating an opportunity for peer reward and recognition programs is also a valuable way to build a sense of teamwork. Receiving praise from co-workers is enormously valuable in strengthening employee motivation and building a productive team.

3. Facilitate Whole-Company Meetings

Company culture is key to the identity of your brand, and it suffers when team members are geographically separated. Writing in Entrepreneur, leadership coach Beth Miller notes that “as a company grows it gets harder to keep everyone aligned to the vision while maintaining your culture.” She notes that regular quarterly meetings of the entire organization are beneficial to employee retention and overall productivity. It’s also important to sponsor occasional full-staff retreats or recreational occasions, to make sure all workers identify with their organization as a whole.

While workers may be teleconferencing with their own team-members on a frequent basis, they probably have minimal face time with people in other departments. Employee alignment is encouraged by bringing workers together in person and giving them a say in the direction of the company. An organization’s mission and values only stay alive to the extent that people internalize them.

4. Invest in Professional Development

Offering professional training and development to your remote workers is a substantive way to recognize the value of their contributions, and to keep them engaged and enthusiastic about working for you. Whether through individual mentorships, the chance to attend remote webinars, or tuition assistance for in-depth education, you can keep your telecommuting staff on a solid path to career advancement.

Did you know 40% of employees who receive poor job training leave their positions within the first year? Avoid high turnover from remote and non-remote employees by offering valuable professional development and training programs. Also, with a company culture of promotion from within adds power to your employer brand.

5. Recognize Hard Work

While employees may relish the freedom of working late into the night while their favorite pet sleeps on their lap, said pet isn’t going to praise them when they turn in an outstanding report ahead of deadline. Employee rewards and recognition take on a greater sense of importance when workers are geographically distant, since it shows employees their extra effort truly makes a difference. Recent Gallup research shows that employees working remotely are actually more likely to put in extra time on their jobs – probably because they get on a roll and really care about getting the project done well.

Providing your staff an opportunity to work remotely can be a powerful tool to build employee success. Fifty-one percent of workers say they would actually change jobs if they could get one that gave them the option of working from home. It’s clear that companies can gain a competitive edge by offering employees the ability to work remote. The only thing to remember is to practice techniques that will consistently engage remote workers. Start engaging every employee with frequent recognition and rewards. To learn more, access our eBook on How to Make Employee Recognition an Everday Event.

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Discover how Shop Direct is engaging 4,700 on and offline employees with their Shine employee recognition program. Thank to Shine and its associated initiatives, Shop Direct’s engagement survey has seen a 17% increase – from 67% in 2010 to world class 84% in 2017. Learn more by downloading Shop Direct’s Case Study.

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Value of Mentorship

Manager and Employee Relationships: The Importance of Mentorship

The title of “manager” makes it sound like your entire responsibility is simply keeping track of your employees and maximizing their performance. Of course you want to elicit high-level productivity from your team, but your fastest route to success is to offer something back to the people who work for you. The most successful managers enter into a mentoring, or “coaching,” relationship with their direct reports. Here’s a look at why mentoring is so important, together with some best practice tips for putting together a mentorship program that really works.

Mentoring Builds Employee Alignment

Your employees have ambitions for where they want their careers to go, and it’s to your company’s benefit if the person doesn’t need to job-hop in order to realize those ambitions. Daimler Trucks has instituted a proactive mentoring plan throughout its entire 4,000 employee U.S. workforce as part of its leadership succession planning. Suz Hahn, Daimler’s Architect of Learning and Development, states that: “Daimler realizes mentoring is key to the health of our organization.” The company finds that employees who gain new skills become more engaged, and are also eager to spread their knowledge and best practices throughout the entire company.

Millennials Expect and Appreciate Mentoring

Today, more than one in three of your workers are millennials (people between the ages of 18 and 34), and this generation makes up the largest percentage of the U.S. workforce. These are the employees with the freshest skills and the keenest awareness of marketplace trends, and it’s clearly in your best interest to meet their needs. There are real differences in what this age group expects from their workplace, however, and 53 percent of managers say that it’s difficult to find and retain millennial employees. Providing mentorship is your most effective tool for attracting and retaining this demographic: A 2016 Deloitte millennial survey notes that of those respondents who plan to stay with their current company for the next five years, 68 percent say they have a mentor. To get down to exact nitty-gritty of these expectations, the millennials surveyed state that in an ideal week, 3.6 hours would be spent receiving coaching and mentoring.

Focus on Knowledge Transfer

Knowledge Transfer (sometimes shortened to KT) mentoring is described by Willis Towers Watson in their cover story for Workspan. The authors of this overview note that KT mentoring arose as a solution to the fact that fewer than half of the nation’s workers feel their employers are doing a good job of retaining a quality workforce. Clearly a new approach to employee retention is needed, and KT mentoring fills that need by introducing new standards of clarity and structure into the transfer of knowledge within a company.

Put Structure in Your Mentoring

Classic workplace mentoring is an informal relationship that’s very open-ended. Even the choice of which two people are paired together is usually made on a casual basis of who likes whom, and sometimes the very best mentee candidates can be overlooked. The mentor provides ad hoc guidance, slipping it in haphazardly when schedules allow. The informal nature of the exchange means that the mentee probably isn’t giving feedback to their mentor on how helpful he or she is, and mentoring techniques are rarely examined. Mentoring is considered to be a personal favor, and is delivered with that tone. While this informality can be appealing, giving the mentee a sense of being taken into the mentor’s confidence, the lack of structure has some obvious downsides. Here’s how KT mentoring is different:

KT mentoring approaches the process from a structured point of view. The topics to be covered are identified ahead of time, with emphasis being placed on those subjects that will be most beneficial to the organization. Selection of mentors and mentees are made on the basis of learning preferences, generational diversity and personality profiles. The number of candidates for mentorship is made as large as it can be throughout the organization. The mentor and mentee agree on time frames and knowledge goals, so that it’s clear what information will be shared and when this sharing will happen. Formal tools for giving feedback are included in the process, enabling the mentorship interaction to be continually fine-tuned. Towers Watson’s overview of their KT mentorship process emphasizes that its purpose is to sustain high levels of employee engagement.

Make Mentoring Part of Your Company Culture

For any mentorship program to be successful, your organization’s leadership has to believe in the idea. High-quality mentorship requires an investment of time and resources, but forward-thinking leaders recognize that it yields a worthwhile return in productivity and employee happiness. A Corporate Executive Board survey shows the growing recognition that structured mentorship programs are worth the effort: 25 percent of U.S. companies now host some type of formal mentorship program, as compared with only 4 or 5 percent a decade ago.

Mentorship Is About Building Relationships

Leadership coach, Luis Velasquez, notes that, “Mentoring is one method that can tip the scales on employee engagement by fostering lasting relationships among employees, promoting career development, and facilitating the transfer of knowledge within a company.” Using mentorship effectively as a tool to strengthen the organization is one of today’s key management skills. Plus, sharing what you’ve learned with an eager young protege can be a highly gratifying process.

For more insights on tools for great team-building in your organization, download our employee recognition eBook covering 3 Ways to Make Recognition an Everyday Event

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The Neuroscience of Engagement

The Neuroscience of Employee Engagement

Job satisfaction is at the heart of employee engagement. And as early as 1959, it received decisive momentum when Psychologist Frederick Herzberg published the Two Factor theory of motivation. Herzberg’s research suggests that fulfilment at work is due to two set of factors:

  1. Motivators – intrinsic conditions of the job
  2. Hygiene factors – extrinsic factors causing in dissatisfaction if absent

With more advancements in brain science over past decades, Herzberg’s psychological studies have been given deeper scientific substance. Today, neuroscience (the study of the nervous system) can explain the fundamentals of human motivation at a molecular level.

This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives?

Let’s explore …

Neuroscience and Motivation

In “Motivation on the Brain – Applying the Neuroscience of Motivation in the Workplace”, Kimberly Schaufenbuel details the four core drivers of motivation at work:

  1. Drive to Defend: this is the only brain circuit triggered when people feel threatened.The most common “threat” at work is to feel undervalued. Usually triggered by lack of feedback or line manager interactions, it can be fixed through continuous, positive feedback.
  2. Drive to Acquire: the need to seek, to take control, and to retain objects and personal experiences of value in pursuit of immediate gratification.This can be fulfilled with short term gratification through employee recognition and rewards.
  3. Drive to Bond: the brain is wired to be social, and this drive allows like-minded people with shared interests to work cooperatively together.This is strengthened by a company culture where collaboration is valued, and leaders positively “walk the talk”.
  4. Drive to Learn: The natural desire to make sense of our world and ourselves. It exists in a cooperative atmosphere where curiosity is rewarded and knowledge freely shared.Through appreciation and gratitude, you can encourage creativity and learning.

Address the Drive to Defend: Continuous Feedback

Drive to Defend- Neuroscience and Engagement

Did you know that our brain interprets “social pain” much like physical pain?

This is the conclusion of the work by Naomi Eisenberger, Psychologist at UCLA.

Let’s take employee feedback and annual reviews for instance. If sporadic, people can experience those as an attack on their “status”. The brain is quick to perceive feedback like a physical attack, and reacts with a defensive strategy.

Achievers, a leader in employee engagement and recognition, has been an advocate of continuous feedback and listening. Egan Cheung, Vice President of Product at Achievers, shared at the 8th Annual Achievers Customer Experience (ACE) conference in New Orleans:

“To engage a modern workforce, an organization needs to be continuously listening to its employees.”

Access to constant feedback is now real. Achievers recently released Listen, where employees can provide feedback to management on their day-to-day issues via check-ins and pulse surveys.

Achievers’ Listen goes even a step further, taking into consideration the importance of positive feedback. Allie, an intelligent, digital “coach”; interacts with employees in a familiar conversational way, while guiding employees with effective feedback and providing recommendations back to managers.

Address the Drive to Acquire: Incentives

Drive to Acquire - Neuroscience and Engagement

The value of incentives to motivate employees has been debated for long. Still, money can be effective to express appreciation: a survey by Harris Interactive and Glassdoor revealed that 75% of employees consider a pay raise as a form of appreciation.

But some leaders argue material gifts are a short-term fix only. What does neuroscience to say about it?

Receiving a gift triggers an immediate dopamine response in the brain. Described initially by Wolfram Schultzreward more than 30 years ago, reward systems in the brain heavily influences our behavior.

Achievers’ platform is a good example of alternatives to cash bonuses. Through points-based employee recognition, each employee can receive monetary and non-monetary based rewards and recognition.

And it works! As shared at ACE 2017, organizations using a rewards and recognition technology solution reported better levels of employee engagement, employee retention, and productivity over the course of a year.

Address the Drive to Bond: Social Connection

Drive to Bond - Neuroscience and Engagement

Matt Lieberman is the Director of UCLA’s Social Cognitive Neuroscience lab. In his TEDx St. Louis talk “The Brain and Its Superpowers”, he shares:

“Social is not one of our programs. It is our basic operating system.”

According to Matt Lieberman, the default state of the brain (when where we’re not cognitively engaged in anything specific) is to deepen our social cognition network. He shares:

“This network comes on like a reflex to think about other people’s minds — their thoughts, feelings and goals…It promotes understanding and empathy, cooperation and consideration.”

Promoting social bonds is a pivotal dimension of employee engagement. As organizations go global, a common platform to share and connect is a simple way to tap into social drive.

A case study covering Ericsson’s employee engagement and recognition program stated:

“The program spreads positivity throughout the geographically dispersed organization, connecting employees – through recognitions they post on daily basis – to each other, and to the company”

Address the Drive to Learn: Appreciation
Drive to Learn - Neuroscience and Engagement

Small acts of generosity and gratitude trigger a specific neurobiological feedback loop. Glenn R. Fox (Brain and Creativity Institute at USC), conducted extensive research and concluded:

“When the brain feels gratitude, it activates areas responsible for feelings of reward, moral cognition, subjective value judgments, fairness, economic decision-making and self-reference.”

Employee recognition can directly impact employee engagement levels. As the brain responds to gratitude with a positive feedback loop, needless to say that a recognition-based culture can do more than a feel-good effect! The by-products of gratitude at work are serious business assets, such as enhanced creativity, increased happiness and productivity, and better cooperation within teams.

By aligning your employee engagement strategies to main human motivation drivers, you tap into dopamine reward loops and create a lasting positive feeling.

What is the value behind employee engagement? To learn more, download this white paper covering The True Cost of Disengagement. 

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About the Author

Coralie SawrukCoralie Sawruk helps global organizations create efficient team dynamics. A people-person at heart, she believes the ultimate competitive advantage is created by the right talents working hand-in-hand, cheerfully.

Coralie shares her insights on human-centric leadership and leading happy teams on her website.

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why employees quit

Understanding Why Employees Quit

Knowing what makes employees quit — and then heading off those problems — is the goal of every HR department. While you’ll never be able to avoid individual events that disrupt the lives of workers and their families, it’s helpful to have an overview of preventable causes for employee churn. People leave jobs for several classic reasons, according to Harvard Business Review, all of which are somewhat predictable. The key is to understand each reason well enough to defuse it with a proactive intervention. Here are the main reasons workers cite for leaving their positions, and how you can slow this expensive leakage and build your employee retention:

They Don’t Get Along with Their Boss

This reason is the elephant in the room, and we can’t discuss employee retention without starting here. Gallup CEO Jim Clifton points out the primacy of management know-how: “When you name the wrong person manager, nothing fixes that bad decision. Not compensation, not benefits — nothing.”

When an exit interview or other feedback shows that you have a problem manager, you need to rectify the situation as soon as possible. If the person seems open to developing new skills, it’s often worthwhile to provide them with intensive management training. However, if real change doesn’t seem possible, you’ll ultimately save money by replacing them with someone who simply has better management skills.

Their Lives Take a New Direction

This may be unexpected, but research cited in Harvard Business Review notes that job-hunting rates jump by 12 percent right before a worker’s birthday. Researchers speculate that a person is often stimulated by the arrival of their birthday or another milestone to take stock of their life and see if their career is going in the direction they want. While you have limited input into this private self-examination, it’s helpful to incorporate a personal check-in along with celebrating your employees’ birthdays. Are they happy with their job? What are their current thoughts and ambitions?

Their Careers Aren’t Moving Forward

In today’s networked marketplace, your most talented employees are going to keep an eye on opportunities in their field, and Gallup’s 2017 report on the State of the American Workforce finds that 51 percent of them are ready to jump ship at any given moment by actively looking for a new job or watching for openings. Harvard Business Review notes that Credit Suisse responded to this tendency by having their internal recruiters cold-call employees to let them know about new openings arising within the company that they might be qualified to fill. This program ended up moving 300 employees into more challenging positions and saved the company $75 to $100 million in employee turnover costs.

They Don’t Feel Challenged

Human resources expert Susan Heathfield warns employers that they have to make sure their workers are actually using their skills and abilities, and Gallup’s report found that 68 percent of today’s workers feel they’re over-educated for their current positions. While this is related to building a career path, it’s not the same. A position may have a title that looks great on a resume, but if the day-to-day operations don’t actually feel interesting and engaging, the worker is going to be looking for the exit door. Heathfield notes, “Work closely with employees who report to you to ensure that each employee is engaged, excited, and challenged to contribute, create, and perform. Otherwise, you will lose them to an employer who will.”

The Company Lacks Vision

To keep great workers, you have to make it possible for them to feel aligned with a company vision that’s both meaningful and tangible. Gallup CEO Jim Clifton, in his foreword to the 2017 report, puts it succinctly: “Change from a culture of “paycheck” to a culture of “purpose.” Your very best employees are the ones with a powerful sense of internal motivation, and you nurture that motivation by showing them how their efforts contribute to the overall goals of the company. CNBC notes, “Some of the most successful companies are able to attract and retain great employees because they are great at communicating their vision all the way from the top down to the front-line workers.”

Their Efforts Aren’t Recognized

While it’s essential to give your employees the sense of purpose mentioned above, that alone is not sufficient. Even your top workers, who care passionately about doing a good job, still have a psychological need to be recognized for the effort they expend. Emotional intelligence leader Travis Bradberry comments that a failure to recognize good work is one of the biggest mistakes a manager can make. He writes, “It’s easy to underestimate the power of a pat on the back, especially with top performers who are intrinsically motivated. Everyone likes kudos, none more so than those who work hard and give their all.” Establishing a system for employee rewards and recognition is fundamental to nurturing those human resources that your company is lucky enough to have.

In today’s tight labor market, it’s more expensive than ever to lose a good worker. Josh Bersin of Deloitte points out that employees are “appreciating assets,” while the cost of losing one is generally about 1.5 to 2 times the person’s annual salary. Furthermore, the increasing team emphasis of many workplaces makes it harder than ever to integrate a new hire. Keeping your workers engaged is essential to running a successful business, and every manager needs to stay focused on this goal. To learn more about employee turnover, check out our infographic 6 Stats That Speak to Employee Retention.

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Top 10 Company Perks

10 Irresistible Company Perks for the New Year

In a recent survey of millennials, more than 30 percent said that they’d like their workplace to be “more fun” – and this element seems to be in short supply. Survey respondents noted that “fun and humor” were job aspects for which daily reality fell far short of their wishes. In order to entice and retain the most talented workers in today’s competitive job market, it’s important to come up with company perks that will add fun to your environment. Here are 10 amazing possibilities that could make your employer brand sparkle in the new year:

1. A Place in the Spotlight

Every company has a few would-be stars yearning to strut their stuff for colleagues. AOL has found that events like lip sync battles, happy hours, and ping pong or Foosball tournaments are great at keeping staff engaged. Andrea Marston, AOL’s senior director of talent acquisition, notes that “Offering these company perks helps keep AOLers happy and excited to come and have a productive work environment.” Bain goes farther afield with its “Bain World Cup” soccer tournament for employees once a year.

2. Vehicle Maintenance Service

Okay, we know that having your vehicle worked on doesn’t really qualify as fun. But the opportunity to painlessly take care of routine auto maintenance or bike repair on the clock leaves your team more time outside of work to do something more enjoyable. Adobe offers this service worldwide, while adding kayak storage at its Seattle campus. And, in order to make sure that transportation is never a problem for its employees, Adobe also offers shuttle service and a guaranteed ride home.

3. Company Yacht

This one only works if you’re located near the right body of water, but many organizations on the San Francisco Peninsula are realizing the potential benefits of proximity to the bay. One of these is iCracked, with its Redwood City headquarters right next to a communal dock. Employees who need a break can take the yacht out for a spin on the bay to clear their heads and breathe in the fresh salt air.

4. Flex Time for Surfing

It’s hard for staff members to feel down when the workplace reception desk posts daily surf reports – and then offers flexible hours so they can take advantage of those days with absolutely perfect waves. At Patagonia’s Ventura campus, HR director Shannon Ellis says, “Whether it’s playing volleyball or going down to the beach, we encourage people to take a moment of time to reconnect and enjoy summer.”

5. And Snowboarding…

Vermont snowboard maker Burton, located in Vermont’s Green Mountains, offers its workers flexible hours so they can catch the powder while it’s fresh. Free lessons and demo equipment lure newbies and veteran riders out onto the slopes, with free passes and discounted lift tickets thrown in. Meanwhile, office attire at Burton includes “jeans, flip-flops, mud boots” and anything that the workers feel like wearing.

6. In-house Cooking Lessons

For employees who want to actually enjoy a home-cooked meal (rather than dining at one of the company’s specialty cafes), Adobe hosts cooking classes by the company’s executive chef in the “Learning Kitchen”. These type of company perks may not fall under traditional forms of worker training, but it’s bound to keep team members on the company campus for longer hours.

7. Workspace in the Woods

Spanish architecture company Selgas Cano located its office in an actual forest (conveniently located in downtown Madrid). Workers sit at eye level with the leafy forest floor, under a curved glass wall and partial roof that let in abundant natural light. The structure is partially embedded into the ground as well, making it comfortable regardless of season or outdoor temperature.

8. Wrap-Around Lifestyle Benefits

Cutting-edge companies like Yahoo pull out all the stops when it comes to company perks. The team can get a haircut, massage or dental care; visit a farmer’s market; get their car washed; play volleyball; exercise in the fitness center; do yoga and enjoy free meals three times a day – all without leaving work. Yahoo Director of Communications Carolyn Clark states, ” [We want] our employees to feel excited about coming to work every day and making a difference.” With benefits like these, employees might never want to go home.

9. Concierge Service

For employees who are too busy with work tasks to take care of personal errands, Wisconsin household product brand SC Johnson employs a full-time concierge. This person may do anything from standing in line for concert tickets to taking an employee’s car in for an oil change – helping workers with that tricky work-life balance.

10. Employee Recognition

All the parties, boat rides and cooking lessons in the world can’t substitute for giving your employees frequent individual recognition. HR technology introduces creativity into your workplace and also provides a streamlined way to reward your team members for their unique contributions. Coworkers and managers can all participate together, while workers enjoy the fun of being rewarded for their efforts.

More than three-fourths of millennial workers state that “the culture and atmosphere of their workplace is just as important as pay and benefits.” In today’s tight job market, you’ll keep the edge over competitors if you provide unbeatable company perks and make your company into a place where people simply enjoy hanging out. To learn more about attracting and retaining employees, download our infographic on Six Stats That Speak to Employee Retention.

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Reduce Employee Turnover

4 Ways to Reduce Employee Turnover and Improve Your Bottom Line

Employee turnover is one of the most bottom line busting costs associated with a company’s workforce. SHRM estimates that, for entry-level employees, the cost to fill an open position hovers near $4,000. Using this insight, if your company loses 100 employees a year, your company experiences a loss of at least $400,000.

While this number is certainly frightening, the good news is that turnover is an easily avoidable problem and with the right tools, your company can ensure that top talent is not leaving your company. It’s also worth mentioning that none of the following causes and solutions presented here exist in a vacuum—when an employee quits his or her job, it’s usually a reflection of many factors that led him or her to finally quit.

That being said, what tools and initiatives will help you reduce employee turnover? Let’s jump right in…

  1. Hire Managers Who Manage Well

Hiring managers and putting people in charge who show compassion and have the skills to manage others is one method to combat employee turnover on the front lines. Achievers employee survey showed that 57% of employees don’t feel recognized at work, and Entrepreneur claims that when workers are not recognized, they are not motivated. Low motivation can make an employee that much closer to quitting his or her job, or even put him or her over the edge far enough to finally quit.

Performing a top-down audit of your management team can have a huge effect on your entry-level workforce. While you may not have direct contact with these employees, the managers you choose certainly do. It is absolutely crucial that your management team is personable and qualified to lead. Poor managers also make it more difficult for an employee to work, and if the job itself (which may already be difficult by nature) is harder than necessary, an employee might find it not worth it to work there any longer. Address this issue early on by being transparent with recruiters about what traits you’re looking for in a manager during the hiring process.

  1. Be Flexible

Work flexibility is important for every employee at every level. I’m sure you can remember the last time you had to leave the office early or take a personal day for an inevitable issue. Being flexible with policies and protocols shows your employees that you understand that life happens. When an employee thinks that his or her employer is understanding, you reduce his or her risk of leaving the company. On the other hand, if an employee thinks that the company doesn’t understand his or her life situation, then it’s more likely that the employee will try to find a job for an employer who does care.

On the same train of thought, flexibility in other areas will show your employees that the company cares about them. Since entry-level employees may not be making as much money as they need to be able to save a hefty sum for emergency expenses, offering financial flexibility is another area to focus on if your company cannot afford to pay them more. One such initiative is allowing your employees to control the frequency of their pay. Simple add-ons to your existing payroll system allow you to do this at no cost to your company and no changes to the way your company handles payroll. In result, a study by DailyPay showed that employees are 1.9x more likely to apply for a position whose job description mentions that it offers daily payments.

  1. Prioritize Recognition and Rewards

Along with the previous point about hiring managers that care, instilling an employee recognition and rewards program that allows you to easily highlight achievements and strong work will also show your employees that you care and appreciate them. Making it as simple as possible for your managers to recognize employees on a daily basis will help ensure that your managers are actively participating. By promoting this type of program across your organization, you are letting employees know that your company takes employee recognition and happiness very seriously.

Recognizing employees will directly help improve your bottom line. For example, an Achievers’ video highlighted the following findings:

  • a 1% increase in employee engagement returns an additional .6% growth in sales for your company
  • 50% of HR leaders said that an increase in employee recognition would boost employee retention
  1. Offer Unique Advantages

In the current job market, it’s becoming increasingly harder and harder to hire top talent due to the record low unemployment rate and tight job market. Employees across all industries and skill levels are continually searching around to see which company will offer him or her the best complete package. Additionally, it’s been reported that if you offer help to improve financial wellness, employees are more willing to work for your company. The plain advice is that offering work perks and advantages that your competitors are not offering will help put your business ahead in overall employee preference.

Now more than ever, it’s crucial that your company is doing everything in its power to retain your current workforce and improve its employee retention rate. Since it is incredibly hard to fill open positions, you must prevent the need to fill open positions by retaining your workforce. In turn, your company will save time and improve its bottom line significantly without the recruitment costs and countless hours spent searching for talent. Try out some of these tips and let us know which worked best for your company.

To learn more about employee retention, check out this fun infographic covering 6 Stats That Speak to Employee Retention.

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About the Author
Seth LoftisSeth Loftis
Seth Loftis works at DailyPay, Inc., a financial solutions company dedicated to reducing employee turnover by improving the financial lives of employees. Employees can receive their wages days before their scheduled payday at no cost to your company or change to your existing payroll system. Learn more at trydailypay.com or follow them on Twitter or LinkedIn.

 

 

 

 

Develop Employees

How Neglecting Employee Development Affects Your ROI

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.

While a ROI on employee development programs can sometimes be difficult to prove, making increased investment tough to justify, it is an area where businesses get out what they put in. Below, we take a look at how neglecting your employee development programs can negatively impact your ROI.

The Value of Employee Development

The primary reason for investing in employee development programs for your employees is to provide them with the knowledge and skills they need to carry out their tasks. However, there are many ripple effects as well, ranging from improved productivity amongst those who are well-trained, to a competitive advantage over your rivals.

Of course, the value of employee development also extends to the customer as well. Generally speaking, organizations that invest in comprehensive development programs can expect to see a higher number of sales, as well as improvements to customer retention resulting from superior service.

When people think about staff development, they often view it as a synonym for training, but continuous coaching also has a role to play. Indeed, the CSO Insights 2016 Sales Enablement Optimization Study found that formal and dynamic coaching processes improved sales reps’ quota attainment by as much as 10 percent.

Impact on Employee Retention

One of the biggest effects of neglecting the development of your employees comes in the form of staff turnover. There is a direct link between the amount of time and money you invest in development, and the likelihood of staff members choosing to leave your organization.

For example, businesses on the Fortune 100 “Best Companies to Work For” list provide almost double the number of training hours for full-time employees compared to companies that aren’t on the list. Those Fortune 100 organizations saw their ROI manifested in increased employee retention; they had 65 percent lower staff turnover than other businesses in the same sector.

In the CSO Insights 2015 Sales Compensation & Performance Management Study, it is revealed that turnover is five times higher among sales employees than the US national average. This is problematic, because a single salesperson leaving an organization has the capacity to disrupt that organization for up to a year.

Essentially, what this shows is that neglecting your development programs decreases your overall return on investment, while investing fully in development programs results in a much greater ROI.

The Consequences of Neglect

Crucially, however, it is not simply investment that wins the day. Continuous employee development is a vital part of talent management, meaning that development programs must be in a constant state of evolution, adapting as products, services, business practices and market conditions change.

Neglecting employee development by failing to update procedures, can result in outdated product knowledge, longer ramp up times and a competitive disadvantage when compared to other businesses in the same industry. Worse still, neglecting development by putting it off completely can result in poor morale and unskilled staff.

“Developing employees is the classic example of a management function that’s both highly valued and highly neglected,” says Victor Lipman, writing for Forbes. “For busy managers, generally with too much to do in too little time, it’s a very easy task to put off to some indefinite point in the future.”

Finally, it is crucial that investment in employee development extends beyond new hires, to experienced staff members. According to the 2017 CSO Insights Sales Manager Enablement Report, those who spend more than $5,000 per year on developing sales managers see increased quota and revenue attainment, and improved win rates. Nevertheless, sales managers are three times more likely to receive no training at all than salespeople are.

Important Takeaways

Staff development programs require significant investment, both in terms of time and money, as they must be high in quality and evolve along with business practices and market conditions. However, employee development is also an area where it can be difficult to prove a clear ROI, which is why it is often neglected.

While the most obvious form of neglect is the reduction or removal of development services, it can also manifest as a lack of increased investment when it is needed to meet business demands. Yet, high-quality coaching and training have clear benefits when it comes to improving win rates, as well as revenue and quota attainment.

The consequences of neglecting employee development are numerous and include lower levels of customer retention, out-dated product knowledge and poor quality customer service. Additionally, there is a direct correlation between training provisions and staff turnover, with neglect resulting in more employees leaving a company.

For these reasons, neglecting employee development has a detrimental impact on your ROI. The only way to generate the right level of return from your employee development program is to invest sufficiently, spend ample time on development practices and ensure development is continuous, rather than being targeted exclusively to new hires.

To learn more about employee retention, check out this fun infographic 6 Stats That Speak to Employee Retention

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About the Author  
Monika Götzmann is the EMEA Marketing Director of Miller Heiman Group, a global employee development and sales training firm. It helps organizations develop effective talent management strategies through talent ready assessment. She enjoys sharing her insight and thoughts on talent management strategies and best practices.

 

managerial tips

5 Ways Managers Can Transform Themselves into Leaders

A quick search on Amazon.com indicates that there are more than 187,000 books with “leadership” or related words in the title. That’s a lot of content written on a single topic.

However,  the word “leader” has been applied to so many different areas of activity that it has become meaningless. Apart from political and military leaders, we have business leaders, market leaders, industry leaders, thought leaders, and so on.

The concept has become so overused that we’ve lost a true understanding of exactly what leadership is. As a result, today’s employees don’t trust their leaders like they used to. And because of this, many areas of the business might suffer, like employee engagement and employee retention.

That said, earning the title of “manager” is one of the greatest professional milestones a contributor can achieve. It means you’ve been deemed capable enough in your current job to be directing others to do it.

Even though this is a leadership role, actually being seen as a leader is no easy task. It takes a great deal of devotion, stamina, and determination.

A manager is someone who keeps operations running smoothly and ensures tasks are completed to meet the defined criteria. A leader, on the other hand, pushes the envelope and drives innovation.

“A genuine leader is not a searcher of consensus, but a molder of consensus.” – Martin Luther King

Make no mistake, both managerial and leadership roles are essential in business. However, leaders are the ones who tend to be remembered and cement their legacies in the history (and self-help) books. Here is what you can do to be one of the crème de la crème…

1. Exhibit Emotional Intelligence

An emotionally intelligent leader can be defined by five major components:

  1. Self-awareness
  2. Self-regulation
  3. Motivation/passion
  4. Empathy
  5. Social skills

Plain and simple, business is about people, both internally and externally. A good leader is well-aware of this and uses these components to pick up on the sensitivities of those around them. They can see the big picture and acknowledge opinions in the correct context of how they fit into it. Even more, they can anticipate reactions and proceed appropriately on instinct.

In terms of emotional intelligence, perhaps the most valuable trait of effective leaders is their ability to listen critically and observe neutrally. In addition to understanding what others are saying, they also take mental notes of the emotions behind the words. In many cases, these are much more important than the words themselves.

Leaders are visionaries. They know how to work with what they are given and inspire others to collectively achieve long-term goals. Speaking of vision . . .

2. Commit to Your Vision

Managers are committed to an organization and its goals. Their loyalty is to the company, and they have the reliability and inflexibility typical of the “good soldier” in that commitment. They’ll ask staff to push ahead, chasing the company’s aims. But their primary duty is to the organization.

By contrast, leaders are committed to their vision. We hear a lot about how leadership goes hand-in-hand with disruption, but unless you’ve worked with a true leader you don’t necessarily realize that disruption starts at home – in the leader’s own organization. Managers want to keep the show on the road. Leaders ask if it’s the right road, the right show, the right cast. Richard Hackman, the Edgar Pierce Professor of Social and Organizational Psychology at Harvard University and a leading expert on teams and teamwork, has this to say:

“Every team needs a deviant, someone who can help the team by challenging the tendency to want too much homogeneity, which can stifle creativity and learning.”

While managers want each day and each operation to run smoothly on well-understood lines toward predefined goals, deviants are the ones who stand back and say, “Well, wait a minute, why are we even doing this at all? What if we looked at the thing backwards or turned it inside out?”

When the Hackman deviant is just another team member, not a leader, they can be shouted down or frozen out, especially by over-organizing managers. But when they’re the one in charge, the whole team is moving toward innovation.

If you want to be a great leader, expect – and cause – the ground to shift under your feet in ways no manager would ever want. Change your vision of commitment before you commit to your vision.

3. Get Your Hands Dirty

Most great leaders have a common trait: their subordinates trust them and demonstrate unflinching loyalty to their cause. To achieve this, you must prove that you are willing to put yourself in the trenches and not delegate any task that you wouldn’t do yourself.

In other words, you must practice what you preach and not be afraid to jump into the thick of things. Working side-by-side with your subordinates will give you a better idea of exactly how things run on the ground level as well as working knowledge of the tools and methodologies your team uses to complete their tasks and streamline job management.

At the end of the day, demanding respect won’t give you the results you want. To actually earn it from those around you, one of the best things you can do is exhibit an all-for-one and one-for-all attitude.

4. Build People Up

When looking at the concept of people management, there are two major theories to consider.

The first one is Theory X. Managers who fall under the purview of Theory X are more pessimistic and generally assume subordinates do not like their job, avoid responsibility, and must be constantly controlled. These managers are typically known for stifling ideas and not focusing on the unique value each person offers. When this is the case, employees can easily lose motivation, resulting in a high turnover rate. In fact, a study by Gallup found that the odds of an employee being engaged are only 9% under such circumstances.

On the contrary, Theory Y is the one most often adopted by respected leaders. These managers live under the assumption that their subordinates are self-motivated and can work on their own initiative. When the work environment of an organization assumes and provides for such a culture, employees feel fulfilled both personally and professionally, and are motivated to do their best work.

Ultimately, it’s much harder for an organization to develop when managers tend to hold people back. A good leader encourages others to speak up and be meaningfully involved in completing the mission, rather than just following orders. Essentially, leaders coach and mentor, managers give commands.

The key to becoming a “Theory Y Leader” is by promoting transparency in the workplace. Make it a point to encourage open communication. Ask for honest feedback and value everyone’s opinions. This is how company cultures evolve and employees feel more engaged.

5. Challenge the Status Quo

As previously stated, managers keep operations running per usual. Leaders are known to break the mold and take risks. Bill Gates dropped out of college to start Microsoft. Alexander the Great marched a tired but undefeated army on and on. The best leaders are not remembered for playing it safe when opportunity arose.

To establish yourself as a leader, you must be willing to step out of your comfort zone, without being intimidated by the idea of failure. While you should always take appropriate precautions and “manage” risk, remember that leaders embrace change, even if there is nothing wrong with the current status quo. Great breakthroughs don’t happen without a significant risk factor.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man.” – George Bernard Shaw

Leadership is about finding new and innovative ways to improve the norm. When you take risks, you are not judged by the extent of your success or failure. You are defined by the thought process underlying your approach, how you reacted throughout the execution, and what you did with the outcome.

Over to You

It’s important to note that leadership and management are not mutually exclusive roles. Leaders are managers by nature, and vice versa, in many instances. There will always be a need for someone to keep operations going steady. But for a business to see significant growth and development, managers must strive to push boundaries and claim new territory. The impact of a true leader is profound and influences the way people work and live. Ultimately, true leaders are those who make the world a better place.

Check out The Ultimate Guide to Employee Recognition to see how leaders can effectively engage, align, and set their employees up for success.

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About the Author
Lori Wagoner is a market research consultant. She advises small businesses on new ways to find local and national business. She’s an avid blogger and writes for sites such as Small Business Can, Tweak Your Biz and Customer Think. You can catch her on Twitter @loridwagoner.

 

ACE 2017 Achievers Customer Experience

ACE 2017: Day One Highlights

Achievers annual mix of festivity and networking is in full swing with the 50 Most Engaged Workplace Awards Gala and day one of Achievers Customer Experience 2017 (ACE 2017) already in the books.

The 7th annual Achievers 50 Most Engaged Workplaces took place on Monday, September 11th at the historic Saenger Theater in New Orleans. Amidst the finely dressed titans of the HR space, exquisite cuisine, and glamorous ambiance was the highlight of the show, celebrating the companies that go above and beyond in the employee engagement space as determined by a panel of employee engagement experts. After this incredible evening of industry elegance, Achievers announced the crème de la crème, the eight most engaged workplaces. This year, the Elite Eight consists of:

  • Alliance Data for Leadership
  • Electronic Arts for Communication
  • ARI for Culture
  • ATB Financial for Rewards & Recognition
  • ArcelorMittal Dofasco for Professional & Personal Growth
  • Cadillac Fairview Corporation Limited for Accountability & Performance
  • Reynolds American, Inc. for Vision & Values
  • Total Quality Logistics for Corporate Social Responsibility

After an unforgettable night of celebration, ACE 2017 kicked-off on a positive vibe. Prominent members of the Achievers Leadership team shared the success story of CHRISTUS St. Michael Health System. After partnering with Achievers in 2012, CHRISTUS St. Michael saw:

  • a 4,500% increase in recognition given compared to the organization’s prior “home-grown” manual paper solution.
  • a 10% increase in associate engagement specific to leadership recognition from 66% to 77%.
  • a decreased turnover rate to an impressively low 6.4%, significantly below the industry standard annual turnover rate of 19.6%.

In addition to the A-players of Achievers, the opening session featured Blackhawk Network CEO Talbott Roche, who said of the event, ““This is all about celebrating the success you have with Achievers. One of my favorite topics is about innovation. Achievers’ platform is used to drive not just business results, but also innovation through engagement. It’s about how to use a platform to deeply engage. Engaged employees matter to company success. Companies with engaged workers have 6% higher financial results.”

After the keynote speeches ended, it was onto the fantastic slate of HR thought leaders discussing hot-button HR tech topics like employee engagement, rewards and recognition, and how to gain executive buy-in for engagement initiatives. Among the many memorable sessions was a presentation from Rocky Ozaki of NOW Innovations, who shared culture and operational best practices you should adopt to compete in the NoW. Beginning with a brief glimpse into the history of work, Rocky explained how the connected generation, technology and the sharing economy have solidified that the future is NoW.

With the war for talent raging, attracting top talent is harder than ever before. There is a remedy that can alleviate the need for competing for the most talented candidates on the market: retaining the top talent you do have. Cara Silletto, President and Chief Retention Officer of Crescendo Strategies offered insight into how companies can be better aligned with the wants and needs of a constantly evolving workforce, ensuring that the talent you’ve worked so hard to obtain stays with your company for the long haul.

ACE 2017 also featured numerous testimonials from Achievers customers illustrating how an investment in employee engagement can lead to tangible business results such as decreased employee turnover, increased productivity, and an improved bottom line. Becky Etsby, Senior Vice President of Human Resources and Organizational Development at Coborn’s, an employee-owned grocery store with more than 120 locations, stated as much during her presentation, “When employees are engaged, they really do care about the company and can affect a company’s profitability”.

After such an amazing day, it is hard to believe there is more to come. With speakers like Carey Lohrenz, the first female F-14 fighter pilot, day two of ACE 2017 is sure to be equally amazing. Check out all the amazing photos from Day 1 of ACE 2017 here.

Follow the conversation on social media with #AACE17 and follow us on Twitter @ Achievers.

50 ME Marquee

Achievers 50 Most Engaged Workplaces Awards Gala, always a marquee event

Brie Harvey

Brie Harvey, the face of ACE

50 ME Awards

50 Most Engaged Workplaces Awards Gala

A-player smiles

A-players with A-plus smiles

ACE Social Event

Achievers’ Greg Brown and Chase Dolomont getting their grub on

ACE 2017 Stilt/Juggler

Post ACE march to B.B. King’s

ACE 2017 Tarot Card Reading

“I see in your future a trip to ACE 2018”

 

 

 

 

 

 

 

 

 

 

Increase Employee Retention

Who Owns Retention? The Real Employee Turnover Problem

What’s the biggest problem when it comes to employee turnover? No one owns retention!

At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. HR then blames bad managers for running off good people, and the managers push back complaining that executives do not give them enough time or training to manage their people properly. They all have a point, but this blame game is costing those organizations tons of money!

Stop Focusing on the Symptoms…Find & Fix the Cause!

After much finger-pointing, companies often come to the conclusion, “We have so much turnover, we need to hire another recruiter.” Are they kidding? That’s like trying to fix a water main break with duct tape. You may temporarily slow down the deluge, but not for long! If turnover is the problem, then you don’t need to hire someone who’s good at recruiting – they’ll just struggle to fill all the positions that keep unexpectedly being vacated. You need a dedicated retention specialist who will diagnose the core issues, work to resolve them, and maintain a stable workforce moving forward.

So why is the default next step to add another recruiter? Because everyone knows what a recruiter does and which line item that goes under on the P&L.

Now before you get upset, I assure you I’m not anti-recruiter! Recruiters are great, when you need a recruiter! If turnover is a problem, it is very possible that reworking your recruiting processes might be needed as well. Perhaps you really are hiring the wrong people and/or it is time to revamp the interview process, selection criteria, and applicant communication plan. You may even need to improve your employer brand in your community if you don’t have a positive reputation as an employer in your area. These are all things a good recruiter could handle, but these changes are rarely enough if retention is rising.

So if you can get approval for a new position, how about pitching the idea of a retention specialist instead? It’s a tougher sell to get approval from the higher-ups – they’ll wonder what a retention specialist is, complain the role sounds fluffy and become convinced it’s going to add overhead costs that seem unnecessary – but you must fight for it! It’s time to get more resources to fix the real issue.

What Is a Retention Specialist Exactly?

More organizations are creating this type of position and the responsibilities certainly vary from company to company, but their primary roles are to determine why people are leaving, and to build relationships and initiatives that extend employee tenure. This often includes, but is not limited to:

  • conducting and analyzing employee surveys and stay interviews
  • building employee networks/committees
  • serving as an employee ambassador who can answer staff questions or listen to feedback
  • ensuring the onboarding process is welcoming, thorough and incorporates the company culture
  • determining gaps where additional supervisor/management training is needed
  • coordinating (and possibly conducting) supervisor/management training and development programs
  • identifying operational/system changes that help adjust to a shorter-term workforce
  • analyzing compensation, advancement opportunities and scheduling for models that better align with today’s workforce’s needs
  • implementing recognition and appreciation programs across organization
  • ascertaining ways the organization and managers can be more transparent with employees
  • developing effective staff meeting schedules, agendas, and tools for those leading meetings
  • crafting organizational messages that instill the company’s mission and core values

Sounds like a full-time job to me! Who on your current staff has time to do all these things that are needed to reduce unnecessary employee turnover?

One Person Won’t Resolve the Issue – Retention is Everyone’s Job

While having a dedicated staffer to focus on diagnosing and resolving turnover issues is essential, leaders at all levels must take turnover seriously. Just like customer service, retention should be part of everyone’s job and everyone’s training. Keep in mind, workers today will leave their jobs if they don’t like their immediate supervisor, the leadership team or their coworkers, so encouraging your entire staff to attract and retain talent is critical.

Is your organization incentivizing peer referrals? Is your company rewarding managers for improved retention within their departments? Or are they setting bonus plans according to the concept of “do more with less,” which is driving away the talent you can’t afford to lose.

Become a Champion for Retention

So where do HR professionals start? Here a few ways to attack the turnover crisis:

  1. Create recognition and/or incentive programs for employees who reach certain milestones (after one year, not five!).
  2. Demand more management training for everyone who has direct reports.
  3. Make a case for hiring (or becoming) a retention specialist.

Same Approach = Same Results

If the trajectory of your employee turnover is headed in a positive direction, keep doing what you’re doing. But if your retention is getting worse every year, it is time to try a new approach for attracting and retaining today’s new workforce!

If you want to learn more about how to effectively retain employees, join me at Achievers Customer Experience (ACE) 2017 September 12-13 where I will be speaking on Leading the New Workforce: The Evolution of Employee Expectations. Check out details of my speaking session and the event here.

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About the Author
Cara Silletto
Workforce thought leader Cara Silletto, MBA, is the President & Chief Retention Officer at Crescendo Strategies, a firm committed to reducing unnecessary employee turnover by bridging generational gaps and making leaders more effective in their roles. Cara is a highly-sought-after national speaker and trainer, having conducted more than 100 engagements in 2016 alone. She has spoken to more than 10,000 leaders across the country at companies including UPS, Toyota, Humana’s Learning Consortium, and Cintas. Workforce Magazine named her a “Game Changer,” Recruiter.com included her in their 2016 “Top 10 Company Culture Experts to Watch” list, and she is a co-author of the book, What’s Next in HR. Follow Cara on Twitter @CrescendoHR.

 

Work Ruts

How to Get Out of a Work Funk and Find Inspiration

It’s not uncommon for both individual contributors and entire companies to sometimes feel stuck in a work rut. Even for business owners such as myself, there are still down days or perhaps even down weeks in which inspiration is tough to come by.

I’ve been running Proven, a small job board, for seven years; the longest I’ve worked for any one company or on any specific project. Even though I love my job, there’s certainly times when things have felt bleak or I have felt less enthusiastic about my work.

For example, it’s always exciting to launch new projects; there is an inherent enthusiasm in undertaking what could be the next big initiative for a company. Furthermore, knowing how much effort went into building something from scratch can make riding the wave of success resulting from your hard work that much more enjoyable. But not every day is like this with most companies. There are days when things slow down and inspiration is fleeting. This is the narrow part of the proverbial hourglass, in which innovation is lacking and there is no new project to rally the workforce around. It is these phases that often kill companies and founders, companies do not close up shop when everything is going well.

Despite these lulls, I’ve always come out of them. Having a supportive business partner has certainly helped at times, but I’ve also learned a few tricks along the way that help me refocus when I feel like I need some inspiration.

In this article, I’m going to share these tips with you. Hopefully they work as well for you as they have for me. So, without further ado, let’s jump in.

Attend a Conference

A conference is a great way to find new inspiration or rekindle the ambition that inspired you to found the company. You get to interact and network with other entrepreneurs as well as learn from their experiences.

One of the other added benefits of a conference is it gets you away from the office and out of your daily routine. Simply freeing yourself from a monotonous work environment can be enough to get your creative juices going. I often find myself inundated with new ideas during conferences because my mind is free to roam; I’m not solely focused on the next thing I need to do.

Learn Something New

Attending conferences can be a great way to learn a new skill, but there are other opportunities for learning outside of events. There’s a ton of great business podcasts from which you can learn from marketing experts, entrepreneurs, small business owners, and many more—all for free.

Another option is to carve out some time in your calendar each week, even just 30 minutes, to read and learn something new related to your company. This can pay off in the long run and open your eyes to previously overlooked development opportunities.

You can also try starting a new passion project using a technique that you haven’t tried before. Developing new skills is essential to work satisfaction.

Change Up Your Routine

Of all the techniques I provide in this blog, altering my daily routine is the simplest thing I do to create some new energy. Humans get lazy with routine. We get bored. Our perception of time changes when we follow the same routine day in and day out. Anything you can do to vary this is a good thing.

Variation can be achieved with little effort. Just having a slightly different work environment can have a big impact. I sometimes relocate my work space, knowing a new environment can often prompt renewed energy and inspiration.

You can also try changing the time of day you work, or move your schedule of meetings to the afternoon instead of your standard morning sessions. Anything to create some change is good.

Remove Distractions

Distractions can be a real soul killer. Boisterous colleagues or noisy office construction can be enough to take even the most focused employee out of their rhythm. Coupling this lack of flow with feeling a little less inspired than usual can make for a disastrously unproductive day.

If distractions are too great to overcome in your current environment, you can try working in a conference room or working from home if your company allows it. A coffee shop is also an option for people that don’t need absolute silence to concentrate. Depending on how you choose to remove distractions, you can add some of the variety that I refer to above to your life.

Work as a Team

Coming together with colleagues on a project can boost your energy. By collaborating with your co-workers you’ll receive valuable feedback as to the usefulness of your ideas. You’ll also be to glean new ideas or ways of thinking from your co-workers that depart from your standard approach, which is not only a benefit to the work you’re currently undertaking, but also a great way to learn new things.

If your work doesn’t completely involve your team, a team brainstorming session can be a great way to reinvigorate not only yourself, but all parties involved. It doesn’t have to take long, and a lot of great ideas that not only pertain to the task at hand but also inform other business objectives can come out of it. It not only helps break up your routine, but does so for your colleagues as well.

Self-Awareness is Key

It’s natural to sometimes feel off your game, it happens to the best of us. However, if you are self-aware enough to recognize when and why this is happening, you can take steps to bring yourself out of a work funk before the problem is too great to overcome.

I’ve provided a few simple tips about things that have helped get me out of a rut, but there are plenty of other ideas out there that might work better for you. If you have a great tip for re-energizing yourself, please share it in the comments.

For more ideas on how to avoid the dreaded “rut” and keep employee morale high, check out the blog post Top 5 Ways to Boost Employee Morale.

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About the Author
Sean Falconer is Founder and CTO of Proven. He is a proud Canadian and reformed academic. He is passionate about making hiring for small businesses simple, streamlined and frictionless. Follow Sean on Twitter @seanfalconer.

 

retain employees

4 Ways to Avoid the Dreaded High-Turnover Rate

The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. This means that if an employee is being paid $40,000 a year, the cost of everything from recruiting to training expenses will be around $20,000 to $30,000. In addition to costing your company a fortune, it can discourage talented employees from joining your organization. High turnover is one of the major red flags job seekers look for when considering a new employment opportunity.

Here are four ways companies can step up their game and hold on to the talented employees they worked hard to acquire:

  1. Get Rid of Top-Down Management

Everything in the business world is evolving and the concept of management is not immune. Many of the old rules and practices no longer apply, and the lack of a modern workplace philosophy is forcing skilled workers to leave their current company and take their talent elsewhere. The top-down approach to leadership and ruling with an iron fist is no longer a popular way to run a business.

In today’s workplace, the term “collaborative leadership” is commonly cited as a strong approach to employee management. This concept emphasizes leading by example and focusing on both corporate and individual benefit. For instance, Jacob Morgan, author of The Future Of Work, explained in a Forbes article how AMP Bank in Sydney, Australia makes it a point to sit down with each employee to explain how new technologies and strategies can benefit both parties.

It’s important to realize the vital role management plays in the development of a company. Gallup estimates that managers account for 70 percent of the variance in employee engagement scores across business units. Great leadership is a crucial factor in retaining employees; it goes back to the famous saying that “people don’t leave jobs, they leave managers.”

  1. Learn What Millennials Want

By 2020, it’s estimated that nearly half of the workforce in the United States will be comprised of millennials. Therefore, it is crucial to determine what these younger employees want out of a company. Ask yourself the following questions:

Millennials are looking for more than just a job with a steady paycheck, they want careers in which they are engaged with their company’s goals, and can develop their professional skills. A 2014 survey conducted by the Harvard Business Review and The Energy Project found that employees are most engaged when these four core needs are being met:

  • Value – Being cared for by their supervisor
  • Purpose – Finding significance in their work
  • Focus – Prioritizing
  • Renewal – Ability to take needed breaks

Regardless of the age of the employee, there is nothing worse than being stuck at a job that isn’t motivating. Fostering employee engagement can be difficult. However, emphasizing honesty and transparency for both company and employee alike can be integral in obtaining uninhibited employee feedback to gauge the direction of your workforce and what motivates them.

  1. Promote a Culture of Innovation

Everyone wants to be involved in a cutting-edge organization. Companies that want to remain ahead of their competitors must do their best to promote this mindset both internally and externally. For starters, when you’re advertising a job opening, take a step back and examine what your company is doing differently than similar organizations. Once you have a firm answer, drive this idea home and showcase what your business is collectively bringing to the big picture compared to your competitors.

Based on your business, this can be a daunting task. But, regardless of what product or service you provide, there is always room for innovation. Take Michelin for example. Tires might not seem like an innovative product but the science behind how rubber interacts with the road is complex. To promote a company-wide innovative mindset, Michelin sponsors cross-functional hackathons and internal incubators where employees are free to take risks and come up with new ideas for the good of the company.

Making sure that innovation is a strong aspect of your culture can play an enormous role in keeping employees engaged and motivated.

  1. Recognize and Reward Employees

While this one might seem obvious, it is still accurate: everyone likes to know their hard work is being noticed. Great employees are hard to find, and even harder to keep. So when you notice colleagues going above and beyond the call of duty, it’s important to provide plenty of recognition and rewards to encourage repetition. Recognition is essential to employee engagement and The Corporate Leadership Council shared in a recent report that highly engaged employees are 87 percent less likely to leave the organization.

Events like company-sponsored happy hours or weekend getaways celebrating a strong quarter can go a long way in demonstrating to employees how much their work means to an organization. Going beyond these types of “job well done” gestures, making sure top performing employees are appropriately compensated is the most important factor in employee retention.

To address this, you can try setting up recognition and rewards programs that encourages daily praises and constant appreciation. Or consider implementing programs within the workplace that are transparent when it comes to pay raising goals, such as merit-based pay structures. Just be sure to set goals at a level in which employees will need to put their best foot forward, while remaining reasonably attainable.

Talented workers tend to know their worth. If you are not paying them appropriately, they will have no problem finding an organization that will.

Over to You

Retaining high performing employees in the current business climate is very challenging, and with the many detrimental costs of employee turnover, your company’s bottom line could be adversely affected. If your turnover rate is higher than you would like, it might be time to take a close look at day-to-day operations and find the root cause as to why people are so willing to leave your organization. Sometimes, it is a simple fix. Other times, a complete organizational reinvention is needed to ensure the external perception of your organization matches the internal. At the end of the day, a company that focuses on engaging their employees, whether through strong leadership, culture, recognition, or rewards is on the right track to reducing turnover.

To learn more about employee turnover, check out the blog post How to Spot Who’s Going to Quit Next.

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About the Author
Lori Wagoner is a market research consultant. She advises small businesses on new ways to find local and national business. She’s an avid blogger and writes for sites such as Small Business Can, Tweak Your Biz and Customer Think. You can catch her on Twitter @loridwagoner.

 

Employee Engagement and Performance

Why Recognition Is Essential to Employee Engagement

When I entered the workforce in 1997, I wanted to find an employer that would offer me a long and fruitful career; a goal I shared with the Baby Boomer generation before me.

While this has been the experience of my wife, who has enjoyed 17+ years of employment with the company that recruited her out of college, I’ve worked for six companies in the almost 20 years since I graduated. One of the biggest things I’ve noticed? The social contract between employer and employee has changed.

Currently, the tenure of a knowledge worker is less than three years at a single company, and with the steady emergence of the “gig-economy,” I fully expect that number to continue decreasing over the next 10 years.

The rising cost of recruiting and retention accentuates the need, now more than ever before, for employers to do all they can to attract and retain high-performing individuals.

Tap into discretionary effort for maximum performance

I’ve had the good fortune of managing teams for the past 10 years. In that time, I’ve learned a great deal about how to get the most out of people.

To me, the goal of any good leader should be achieving maximum performance by tapping into the discretionary effort of their team members. By discretionary effort, I mean the level of effort people could give if they wanted; above and beyond the call of duty.

I always tell potential candidates that by hiring them, I’m purchasing 40 hours of their time per week, but my underlying intent is to tap into any discretionary effort they’re willing to exert by aligning their objectives to the success of their team, and the greater organization. To accomplish this, a clear understanding of the link between an employee’s efforts and business success is key.

Recognition for improved employee engagement

Employee recognition should be a tool that all leaders have at their disposal to elicit maximum effort from the individuals that value it (keeping in mind that not everyone does). Almost 70% of workers say they’d work harder if they felt their efforts were better appreciated.

Often, when employees feel valued, engaged, and emotionally committed to their work, they’re willing to go the extra mile for their company. The Corporate Leadership Council studied the engagement level of 50,000 employees around the world to determine its impact on both employee performance and retention. Two of the many important findings from this report were:

  • Engaged companies grow profits as much as 3X faster than their competitors.
  • Highly engaged employees are 87 percent less likely to leave the organization.

In the past, employee recognition was sporadic, often focused on tenure instead of performance. Sometimes it happened in public forums where leaders celebrated an individual’s accomplishments in a top-down fashion. Most of the time, recognition was given at the individual level in private conversations or correspondence (such as a performance review), likely not often enough to have a meaningful impact on employee engagement.

With the advent of the digital workplace, recognition can and should be given with more visibility and frequency; the end goal being a workforce made up of engaged employees.

Creating an engaging digital experience

Having tools that promote engagement and recognition is becoming essential to HR and IT initiatives in the evolving digital workplace. According to Aon Hewitt’s 2017 “Trends in Global Employee Engagement,” study, Rewards and Recognition ranked as the strongest engagement opportunity this year. But you need to find the right technology partner to help you provide an experience that your employees love to use in order for it to pay dividends.

I speak with companies daily that are faced with the challenge of replicating their “brick and mortar” culture in a digital environment. With their workforce spread out across offices, geographies, and time zones, they need to provide an employee experience that allows individuals to meaningfully connect to the company and their colleagues.

While many tools exist, those that focus on interoperability are the ones that are having the most impact. With the overwhelming quantity of tools and applications that exist inside an organization today, it’s critical to offer an integrated experience that plays to the strengths of each individual solution, resulting in a more efficient use of the entire technology portfolio.

To learn more about the impact employee recognition can have on engagement and performance, check out Achievers’ “Ultimate Guide to Employee Recognition”.

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About the Author
Chris Myers Igloo
Chris Myers is VP Partnerships & Alliances for Igloo Software, a leading provider of digital workplace solutions that help companies build inspiring digital destinations for a more productive and engaged workforce. Chris owns overall partner strategy for Igloo and is responsible for three programs – Technology Alliances, Channel Partners and Developers. Connect with him on LinkedIn.

 

 

Wellness and Company Culture

5 Ways Wellness Programs Can Enhance Employee Engagement

Look up from your computer and take stock of the colleagues working around you, they might not be at their desks much longer  A recent Gallup study reports that approximately 51% of them [U.S. workers] are either actively looking for a new job or keeping an eye out for openings.

Some say it’s a people or a hiring problem, others chalk it up to the natural employee lifecycle. However, this career transience can be more properly understood as a consequence of poor company culture.

While companies spend billions of dollars and thousands of hours working on enhancing their consumer-facing brand, they spend a fraction of that on their employer brand.

Companies often neglect their “employee value proposition,” meaning they don’t spend enough time thinking about how to differentiate themselves from other companies in a job market that has seen increased competition for talented employees.

For a company to differentiate itself in this increasingly competitive market, it needs a laser-like focus on its employees. More than the just good of the company, your employees are interested in achieving work-life balance and seeing to their own personal well-being. They want to work for a company that values those things as well.

Work and life aren’t easily distinguishable from one another these days because every employee, from CEO to the newly hired intern, carries things with them from their personal lives into the workplace. The personal and the professional exist in symbiosis, neglecting one is doing a disservice to the other.

Invest in your team holistically. It doesn’t take a lot of time or money to make your team feel cared for in the place they spend nearly one third of their lives. Making this effort can increase employee retention, engagement, and attract new talent.

An investment in the well-being of your employees as individuals is an investment in the company itself. One of the best ways to show that your company is committed to its people just as much as it is to its customers and profits is by building a well-functioning wellness program.

Establishing an employee wellness program impacts more than just the individual, it creates a more productive, motivated, and engaged workforce. Don’t believe me? Here are five examples of how wellness can turn your company culture around, creating real business impact:

1. Goals

light bulb

Wellness programs are an effective tool to align company goals with the health and well-being of your employees. They clear a path for employees to incorporate their personal well-being into their work, as opposed to handling work and wellness as separate entities.

One of the main reasons that people don’t participate in wellness programs is because they don’t believe they have enough time (as many as 51% of employees according to an Economist Intelligence Unit (EIU) Study). However, it only takes a little creativity to align wellness goals with productivity goals, and this small effort will ultimately impact the business in a big way.

Starting with an easily accomplished task, such as setting reminders to break up screen time by taking a short walk, can establish momentum that will help build efficiencies into the work day and ultimately help to reduce burnout.

2. Morale employees working

It’s not a leap to suggest that the way an employee feels about their job directly impacts how they perform on the job. Morale and engagement are intertwined.

Around 70% of U.S. workers report not being engaged at work. In thinking about the colleagues I referenced in the opening paragraph, seven out of ten of them aren’t being utilized to their full potential. That’s disturbing.

Wellness initiatives can strengthen the commitment of the individual to the company. It’s a reciprocal relationship; employees who feel cared for are likely to match that feeling in commitment to the company – not to mention engaged employees perform 20% better than their counterparts.

If your office morale is low, don’t be afraid to get creative and try some out-of-the-box morale boosters.

3. Stress

employees

The presence of high amounts of stress in the workplace can make or break the relationship between employee and company. While a manageable amount of stress is healthy and motivates people to succeed, it can easily become overwhelming.

Stress presents itself in two forms, eustress and distress. The former pushes people to reach their goals and the other stifles production and growth. The root cause of stress for 80% of employees is work.

A wellness program that takes this into account and provides resources or activities to deal with high and sustained-stress situations can help identify and address negative stress before it becomes a problem. If stress does become a problem, it can lead to increased absenteeism and decreased productivity.

4. Relationships

employees

Fostering friendships in the office is beneficial both on a human level and as a good business decision. The Gallup study referenced above shows that about 20% of U.S. workers report having a best friend at work, which in itself isn’t that interesting. However, if employers could get that number up to 60%, the study posits that the resulting bonds would influence higher customer satisfaction and a 12% increase in profits!

The difference comes from a sense of being part of a team, rather than feeling isolated. Your employees will carry a greater sense of responsibility and purpose because they won’t perceive their work as only impacting them as an individual, but how it impacts the team, and company as well.

Offering activities that bring your team together outside of work can help foster closer relationships. Something as simple as sponsoring a company kickball or softball team can lead to seven times more engaged employees, and a more robust bottom line for the company.

5. Culture

laptop

A commitment to wellness is a commitment to building a strong workplace culture, and it follows that caring for your team means caring for your business. A strong workplace culture impacts more than just your employees, culture seeps out into the interactions employees have with customers, partners, and the community. Engaged employees are also your best resource in attracting talent, they’re the ones most likely to be extolling the virtues of your company culture on sites such as Glassdoor and LinkedIn.

Your company’s biggest asset is the people that have bought into the company’s mission. Ignoring the needs of the people that keep the ship afloat is dangerous and might leave you swimming with your head just above water.

Has your company invested as much in its people as it can or should? If not, what do you think you can do to change that? Leave a comment and start the discussion!

For more information as to how wellness can impact employee engagement, click here.

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About the Author
Barron Rosborough
Barron Rosborough is a seasoned digital marketer and writer from Los Angeles, CA. He writes on topics ranging from wellness to leadership (and everything in between). He is currently the Digital Marketing Coordinator at SnackNation, a curated healthy snack subscription service for offices and homes.

 

 

 

 

effectively measure engagement

Employee Engagement: How to Measure What Matters

Recently, there have been some eye-opening reports about the state of employee engagement, both here in the U.S. and globally. Aon Hewitt, in their 2017 Trends in Global Employee Engagement Study, found that engagement levels have dropped for the first time in five years and Gallup reported in its State of the American Workplace report that a full 70% of U.S. workers are not engaged at work.

But before we all get too breathless about these admittedly disconcerting engagement numbers, it’s important to remember that employee engagement is not an end in and of itself. Engagement numbers do provide a window into the general well-being of your workforce, but more important than the raw numbers is how engagement ties back to desired business outcomes.

Say, Stay, Strive

Aon Hewitt, in an influential 2015 paper advanced the “Stay, Stay, Strive” framework for the variety of desired Employee Engagement outcomes. According to that model, engagement drives a variety of desirable outcomes, including increased employee advocacy and a more desirable employer brand, (“Say”), improved retention and tenure (“Stay”), and better overall performance (“Strive”):

“One manager may have an employee who is incredibly hardworking but needs to say more positive things about the company due to his/her network impact on peers. Another manager may have employees who generally seem positive about the company and committed to staying, but need to ramp up individual effort toward the new performance behaviors required by an organizational transformation.”

So it really isn’t just about the score, it’s about understanding what you need to measure in order to achieve the desired business outcome.

Are You Measuring What Matters?

Do you know how well your engagement programs are working? How about the connection between programs that engage employees, such as employee recognition and rewards, and your desired business results?

Employee engagement has become a cornerstone and calling-card of today’s most successful businesses. But instituting a haphazard or incomplete engagement initiative can often lead to more problems than solutions, as employees dutifully fill out their surveys but nothing ever seems to come of it.

Successful employee engagement programs should tie back to specific organizational goals, help to align employee values with company values, and ultimately — drive improvements in overall performance. Studies have shown that highly engaged employees are:

  • 21% more profitable;
  • 17% more productive, and;
  • Enjoy 20% higher sales than industry peers with average engagement.

Whether your measure for success is better employee retention, improved alignment with company goals, or increased revenue, your journey begins in first knowing what to measure and how to do it well.

An engaged workforce is almost always a profitable workforce. According to Gallup, companies with a well-defined culture of recognition and commitment to employee engagement have been shown to outperform their peers by 147 percent in earnings per share. Learning how to measure engagement – and what to measure – are the first steps towards realizing the engagement advantage. By measuring engagement in a number of ways and against a number of different metrics, companies can then learn what actions they need to take to improve in this important area of differentiation.

What you’ll learn

Having a better understanding of what makes your organization tick can help you find a competitive edge that you didn’t know existed. In our new eBook, “Employee Engagement: Four Places to Start Measuring What Matters,” we provide four ways to effectively measure the results of your engagement programs to ensure success in areas critical to your business – such as employee retention, performance against goals, and alignment with company values. Download the eBook now and begin learning how to measure what matters!

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About the Author

Josh Danson

Josh is Director of Content Marketing at Achievers. An accomplished marketing and communications professional with more than 20 years’ experience in the fields of marketing and PR, Josh worked as a press secretary on Capitol Hill before moving West, and from politics into PR – and on into content marketing. Josh graduated with High Honors in History from Kenyon College and lives in San Francisco with his wife and 9 year-old daughter. In addition to work and family, he is passionate about music, politics and fly fishing (not necessarily in that order).

 

 

 

Stay Connected During Change

Staying Engaged During Corporate Change (Part 2)

Change is practically a given in today’s competitive work environment. But how is an individual employee supposed to thrive in an environment of constant uncertainty? To successfully navigate this near-constant change, research suggests that it’s critical to stay engaged.

In the first post of this 3-part series (click here if you missed it), I shared strategies from my book The Successful Struggle, that help you stay engaged and in tune with the purpose of corporate change.

In addition to connecting with the reasons behind the change, there are other things you can connect with that make corporate evolution easier to swallow. One of the most helpful? People. Connecting with colleagues helps us feel better emotionally when we’re facing change, and increases the likelihood that the outcome of the change will be successful.

In a study of employees in large-sized companies facing major changes, those who reported the highest levels of satisfaction after a change were also the most engaged employees. This makes sense on several levels. Actively engaged employees are more likely to be participating in the change or at minimum feel as if their voice is being heard. Engaged employees also reap the benefits of having relationships with colleagues they can lean on when transitioning becomes stressful or confusing.

In The Successful Struggle, I tell the story of David, whose role at work was changing because of a new strategic direction. David was off-balance because of the change, and worried he couldn’t deliver on his new goals. Because he didn’t want to be perceived as negative about the alteration to his role, he was reluctant to speak up in meetings. Withholding his thoughts in this setting became so innate to David that he pulled away from his colleagues during the work day, too.

David convinced himself that disconnecting from his colleagues was natural. He told himself that he was just putting his head down and focusing. It made sense to him that he would hunker down in his office, not emerging until he had a successful action plan completed. But pulling away from his colleagues was only making David more isolated. His ideas had been created in a vacuum, they lacked the fine-tuning they usually received when David shared his ideas with the group. As a result, David was not only miserable, but also less successful.

Employees who stay connected during change – to their peers, their managers, and even their personal social circle – navigate change in a much healthier way than those who pull away from others. Studies show that maintaining personal connections is a predictor of a well-handled change.

If you feel yourself pulling away from colleagues and friends during change, that’s a red flag. To connect with the people around you, try these three things:

  1. Speak Up – It can be intimidating to verbalize your concerns about change, because we’re often taught to wait and evaluate a situation before we speak. But if we don’t speak up and ask questions, we run the risk of not getting the information we need so that we CAN effectively evaluate a situation. What a Catch-22! But don’t let it silence you. Ask clarifying questions as needed, just try to do so in a constructive way. By asking questions with a positive slant, you are demonstrating that you are engaged as well as exhibiting a positive attitude about the change.
  2. Build a Work Support Network – If you’ve avoided having a work support network, change can be a great catalyst for creating one. Identify a mentor and at least one or two peers you can lean on for support. Be sure that your conversation topics don’t center on “venting,” which is an unhealthy dialogue style that keeps you feeling agitated and ignores problem-solving.
  3. Lean on Your Personal Support Network – You may not feel like talking about work problems outside of work. But having the support of your friends outside of work has been shown to be helpful. Even if you only spend a few minutes catching them up on the issue, you’ll feel like you have the moral support that will keep you going the rest of the work week; then you can lay those issues aside and go out and have a fun evening.

It’s natural to want to crawl into your cubicle and disconnect from the world when you’re facing the uncertainty of change, but you’ll be significantly more successful if you make it a priority to stay connected to your workplace and the people in it. When you stay engaged, ask questions, and lean on your support network, you’ll be surprised – and relieved! – to find how much easier it is to handle change.

Stay tuned for the next installment of my three-part series. And for those of you that need to catch up, you can find the first installment of my blog series here.

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About the Author
Courtney Clark speaks to organizations who want to adapt faster and achieve more by building a culture of Accelerated Resilience. She is the author of two books “The Giving Prescription,” and “The Successful Struggle,” a three-time cancer survivor, brain aneurysm survivor, keynote speaker, and founder of a nonprofit. www.CourtneyClark.com

 

Top 5 Ways to Boost Employee Morale

Are you one of those bosses who feels their employees should simply be happy to have a job at all? Unfortunately, some supervisors really do feel this way, particularly when the job market is tight. However, it’s an expensive point of view to maintain, especially in an economy that is nearing full employment: Discouraged employees are 87 percent more likely to quit, and you’ll spend a minimum of 21 percent of an employee’s annual salary on a replacement. To avoid this unnecessary expense, follow these five simple tips on keeping employee morale high:

1. Ask for input on special events

Have you ever had a bright idea for a company party or celebration, only to find that no one seems to share your enthusiasm? To avoid lackluster celebrations that don’t do anything to boost morale, encourage your staff to anonymously submit suggestions for the venues and types of employee appreciation events they’d like to see, and then encourage everyone to vote on their favorites. Employee retention depends on giving workers the sense you care about their priorities and that you seek their input on matters that impact them.

2. Encourage honest feedback

Seek genuine opinions from your workers, and don’t be afraid to  apply changes based on their feedback. Employee engagement will increase when you’re perceived as caring and confident enough to hear negative feedback. Winning your employees’ trust not only boosts employee morale, but it improves business results as well. The Harvard Business Review revealed that employee trust is essential to a company’s financial success. Your staff will also more readily buy-in to any changes that you make. Google uses this strategy with great results, creating “Google Cafes” in which all staff members share creative new approaches.

3. Hold yourself to the highest standard

Leadership is all about modeling hard work and dedication. Show your team that even though you have the right to leave early or delegate all the hard work to subordinates, you stay in the trenches and get the job done. Employees will feel supported and inspired by your example. Great leadership is key to employee happiness and success. Gallup’s leadership research shared, “When leaders focus on and invest in their employees’ strengths, the odds of each person being engaged goes up eightfold.”

4. Promote from your own talent pool

According to Forbes, external hires made 18% more than internally promoted employees  in the same jobs. Be fair and examine your internal talent pool before jumping the gun on bringing in an external hire. Give your employees opportunities for growth and advancement so that they will want to stick around and give you their all. If you make the effort to discover the unique skills and talents of each worker, you’ll be in a better position to know whom to promote when the opportunity arises.

5. Build employee motivation with rewards and recognition

Employee recognition is key to making your staff feel that it’s worthwhile to go the extra mile. Celebrating accomplishments through rewards and recognition lets your team know that you truly appreciate their efforts. It also builds a strong sense of teamwork when you encourage workers to offer each other public statements of appreciation. It’s a strong, positive motivator knowing your hard work isn’t going unnoticed and that you’re appreciated by your coworkers and leadership.

Snack Nation’s infographic revealed 36% of employees would give $5,000 a year in salary to be happier at work. Start boosting employee morale and happiness by following employee recognition best practices. With the right recognition program, your workplace culture and company’s bottom line will strengthen. Learn more about encouraging employee success by downloading our white paper: “The Total Package: Including Recognition in the Compensation Toolkit.”

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How to Identify and Retain Top Performers with Rewards and Recognition

Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR). The researchers state, “Our workforce strategy goal should be to double down on retention tactics for high performers,” and further explain that, in many cases, managers aren’t meeting the needs of their top talent. The first step to nurturing your best workers is to make sure you know who they are; and a simple way to discover top performers is through rewards and recognition programs.

Look for active recognizers

The right rewards and recognition program can help determine top performers – but you may be surprised by which statistics you should look at. As to be expected, the hardest working and most talented people are likely to receive the highest amount of recognition from their supervisors. They are also likely to be recognized by their peers, since the ability to work well within a team is another important component of productivity. However, when you’re seeking out the truly top performers in your workforce, it’s also important to identify those who are most often recognizing others.

According to a recent Achievers study, employees who were promoted turned out to have a track record of actively recognizing their peers. In fact, before being promoted, these high performers sent an average of 3.8 times more peer recognition than the average employee. In this way, employee rewards and recognition programs provide two separate metrics for  identifying top talent: those who receive the most recognition, as well as those who give the most acknowledgments to others.

Tie recognitions to company values

Your organization probably took significant time and effort to craft a mission and values statement.  This statement is more than mere words residing on a wall, a website, or welcome pamphlet; it can serve as a dynamic tool for shaping your employee recognition program. By tying recognitions to your company’s core values, you can see which performers are embodying those values most authentically. This approach is sometimes termed “Management by Objectives,” and it feeds employee motivation by helping every member of the organization feel that their contribution is truly meaningful.

High performers have unique needs

The workplace factors that keep your super-skilled employees motivated are somewhat different from commonplace worker needs, and it’s necessary to be aware of these differences. While competitive salaries are important, HBR research points out that using regular compensation as a method of delivering employee rewards can potentially backfire and cause resentment among coworkers. On the other hand, high performers care significantly more than average about having their efforts noticed, recognized and rewarded. These rewards can be in the form of social or financial recognition, but in either case, your top talent is especially eager to receive praise, financial incentives and frequent feedback. This is another reason that if you’re in the habit of only providing annual or semi-annual evaluation sessions, the employee engagement levels of your top performers is likely to suffer.

Why you need to focus on high achievers

While highly skilled employees are slightly more satisfied with their jobs than the average worker, one in five say they’re likely to leave their current position within the next six months. Furthermore, if and when your top employees do decide to move on, their skills will lead them to easily find new opportunities. Given the high levels of productivity and the contributions these extra-competent workers make to the workplace environment, losing even one of them can be a blow to your company.

Help your top performers fulfill their potential

Employee retention is only one of many reasons that HR professionals and managers should invest in the effort to nurture high achievers. Equally important is  assisting in their career growth and providing them with development opportunities to help them reach their full potential. A major component of nurturing employee success is to  ensure tasks remain challenging and varied. High achievers “live for the challenge,” and seek to overcome obstacles and solve problems as a source of personal accomplishment. So make sure to provide them opportunities to stretch themselves through varied and challenging assignments.

Employee recognition best practices dictate that recognitions will be most meaningful to these talented workers if they reflect on an achievement that was truly praise-worthy. High achievers are tireless, curious, full of passion, and internal drive. If they’re recognized they want it to be for something substantial and worthwhile. In other words, don’t praise them for minutiae such as arriving on-time or keeping a clean work area. Instead, provide detailed and specific feedback that focuses on the positive impact they are making through their diligence and pursuit of excellence.

The right HR technology can be your ally

Identifying top performers can help your organization discover who your most engaged employees are (and vice versa), allowing you to effectively leverage their skills and enthusiasm as a positive force in the workplace. HR tech is steadily evolving, and data gleaned from a cutting edge rewards and recognition platform can now provide you with valuable insights to help you identify and retain your top performing employees.

To learn more about how employee recognition can help you identify and retain your top talent, as well as having a positive impact on your entire workforce, download our eBook: The Ultimate Guide to Employee Recognition.

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HR Tech World 2017 London

Achievers in Action at HR Tech World: March 21 & 22, London

Have you ever wondered how much employee engagement can impact your business, and taken even one step further, the world? Imagine if every single employee felt valued, motivated, and recognized for their achievements? What a difference we would see in the workplace and society. Employees would actually enjoy going to work and as a result, would strive to reach their best potential. This would then be reflected in how they would treat their customers and fellow-employees, a virtuous cycle that would serve to lift everyone’s moods. HR’s mission is to do exactly that: increase employee engagement and, in return, boost employee happiness and business results. According to Gallup, companies in the top quartile of employee engagement see real measures of business success including 21% higher productivity, 22% higher profitability, 41% higher quality, and 37% absenteeism.

Where does Achievers fall into all of this? Achievers’ state mission is to: Change the Way the World Works, and we do that by offering world class employee recognition and engagement solutions that help bring about that change, one business at a time. You can learn how Achievers accomplishes this by joining us at HR Tech World in London from March 21-22. Discover why businesses are adopting Achievers’ award-winning solution to effectively increase employee engagement by an average of 22%! Join Achievers and thousands of HR Directors, executives, and thought leaders to focus on all things HR technology – what’s hot and where it’s heading. Within 10 years, over half of the office occupations in the world will be displaced by technology. How do we manage this? How do we capitalize on this? And how is HR tech defining the Future of Work?

This year, HR Tech World will be held at the famous venue ExCel London and will bring together a “Who’s Who” of HR. At this premier 2-day show, you will have the opportunity to meet some of the leaders in the HR tech space. Achievers will be there at Booth 303 with everything from live product demos to a “design your own T-shirt” stand. Come by and ask us anything you need to know about employee engagement and Achievers’ powerful rewards and recognition platform. Also, don’t miss up our lineup of speaker sessions:

Denise WillettUtilizing Recognition to Drive Employee Engagement
Denise Willet, Senior Director, Achievers EMEA

Denise is responsible for helping top employers globally increase employee engagement and retention, achieve desired results, and impact business success through recognition. At this session, you will discover the link between recognition and engagement and learn about Achievers 7 key principles that contribute to a successful recognition program.

 

Chase DolomontGet a Showcase of Achievers‘ Platform
Chase Dolomont, Solutions Consultant, Achievers EMEA

In the Product Demo Arena, Chase will offer a real-time view of the tools and strategies Achievers offers to help create an impactful culture of employee recognition that significantly impacts employee engagement.

 

And don’t just take our word for it. Listen to testimonials from amongst a list of Achievers’ customers. Or, come to HR Tech World and hear Colin Watt, Shop Direct’s Colleague Engagement and Relations Director, share how to successfully introduce sustainable recognition as an engagement tool and change-agent.

Colin Watt Shop DirectShop Direct is the UK’s second largest online pure play retailer with brands such as Littlewoods.com, Very.com and Veryexlcusive.com. After Shop Direct implemented the Achievers Employee Success Platform, the engagement score across the company rose from 67% in 2010 to its current, world-class level of 84% with correlated increased customer satisfaction over the same period. To find out more how this has been achieved book yourself into his Engage to Succeed session.

Don’t miss out on the rest of the stellar lineup of sessions – sign up and book tickets today. Then come by and join us at Booth 303 to get a first-hand look of Achievers’ Employee Success platform. Choose to get a guided 1-on-1 demonstration or try it yourself by browsing Achievers’ platform on an iPad. Discover how to quickly and effectively drive employee engagement with frequent recognition, both monetary and social, atop of continuous pulse monitoring. Find out in-person why Achievers’ innovative behaviour-driving engine produces real results for businesses.  Don’t forget to have some fun with our interactive touch screens to customize your FREE Achievers’ merchandise!

Want to arrange a prescheduled meeting with Achievers at the show?
Please contact Helen Brooker to organize a prescheduled meeting.
Email: Helen.Brooker@bhnetwork.com
Telephone: +44 (0) 7796 957726

We look forward to seeing you at HR Tech World at Booth 303.

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About the Author
Helen BrookerAs Marketing Director of Achievers UK, Helen is focused on establishing Achievers’ approach to employee engagement through recognition in the UK marketplace. She builds awareness for how Achievers can build successful recognition programs that align with strategic business objectives. She has been a marketing and solutions consultation lead within the wider Blackhawk Network business group for 6 years working with many diverse, global organizations to improve business performance across employees, channel partners and customers.

 

 

Employee Engagement in HR Tech

3 Employee Engagement and Recognition Predictions for 2017

Many of the emerging HR trends for 2017 are being driven by the millennial generation. Now representing the largest portion of the workforce, millennials value different things when it comes to their careers. What they want and what they look for — things like being recognized and making an immediate impact — have created a strong demand for employee engagement and recognition platforms that many leading companies are now adopting.

Employee recognition software linked to a corporation’s values can help incentivize employees while aligning performance with personal goals and values.  With the right recognition software in place, employees are able to gain a clear and immediate picture of their short-term achievements, how they compare to their team members, and how they’re measuring up to personal goals and company goals. They also get valuable feedback and recognition for a job well done.

The millennial generation looks for things other than a steady paycheck and the stability of working for one employer for the next twenty years. In fact, the majority of them will consider moving jobs if it means advancement and learning something new. HR departments need to continue seeking new ways to hang on to their top talent through something more substantive than free lunches and napping pods.

This is why in 2017, more companies will be focusing on employee engagement and the employee experience as part of their retention strategy. We can also expect more companies to adopt employee engagement software. Here are our top three predictions for 2017:

1. More Work-Life Blending

The modern workforce is willing to work hard, but they want to maintain flexibility and balance with regards to their personal lives. Today’s employees are comfortable checking their smartphones on personal time to respond to work emails and doing a little work on their laptop after having dinner with friends or family, as long as it means that, in return, they can skip the grueling commute and work from home once a week, or leave early to catch their daughter’s 3 p.m. soccer game.

Collaboration tools let employees check in with their boss, team, or a company meeting, without physically having to show up, and without losing any of the momentum on a project or missing important deadlines.

2. Recognition Will Continue to Increase in Value

The average time an American employee spends with any one company now is less than five years. This is a far cry from the days of gold watches and lunch with the CEO thanking you for your many years of service. Employees are more interested in social recognition, because feeling valued is a critical component to the work environment they want to be a part of. They want to feel like the work they do matters, that it’s noticed, that it made a difference.

Receiving recognition, encouragement and appreciation is inspiring and motivates employees to continue doing great work. Employee engagement strategies help leaders and peers to publicly recognize a job well done and fosters a culture of celebration.

3. Flashy Benefits Won’t Compete

People are starting to value experience over money, which is why they want to work in a culture of growth and learning and have opportunities to do something they can be proud of. Employee engagement software helps employees know exactly what kind of impact they’re having on the business in real time.

Culture has become one of the most important things a company can focus on, and providing employees with autonomy, flexibility, and the chance to make an impact, are the new differentiators for attracting talent. Benefits packages are still important, but in 2017, they will become secondary to positive employee culture. Companies that have ditched the traditional, annual review and moved to a model of continuous feedback and a strong culture of recognition are far more attractive to today’s employee than those offering a catered snack bar and quarterly ping pong tournaments.

* * *

In 2017, you can expect to see more companies adding employee engagement software to their HR platforms, doing away with the traditional annual review process in favor of continuous feedback, furthering the work-life blend, and placing a strong focus on the employee experience, aligned with a purposeful mission and meaningful goals.

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About the Author
Jessica Barrett Halcom is a contributor for TechnologyAdvice.com, with specializations in employee engagement, learning management system and performance management software. She holds a bachelor’s degree from the University of Wisconsin, Green Bay and currently lives in Nashville, TN.

 

Effectively Navigate Organizational Change

Understanding Change and Its Impact on Engagement

Change is a funny thing, isn’t it? We frequently resist it, yet progress is impossible without it. In fact, we can’t really move through life without it. The desired approach for most of us is to experience change in small, bite-size chunks. Otherwise, it can wreak havoc on us when there’s too much at once and we’re not prepared for it.

As HR and OD professionals and people leaders, how can we help employees with the process of change? How can we best position ourselves to lead and at the same time guide employees to think more rationally about change? After all, employee resistance is one of the leading causes for the failure of change initiatives (Bovey & Hede, 2001b; Waldersee & Griffiths, 1996). According to Cynthia Wittig, “Such findings indicate that change agents focusing on employee reactions—including resistance and acceptance—during organizational change is of utmost importance to the success of the initiative.”

How do we help eliminate the resistance? Where should your change-agent-leaders focus their efforts? Start with these three tips.

1) Address the emotions first by answering the hard questions upfront, including addressing, why?

We are persuaded by reason, but we are moved by emotion.  Acknowledge what employees may be feeling. You don’t necessarily have to answer for it, but you can acknowledge it and lead from the front by demonstrating authenticity and optimism in response. Acknowledging and naming the feelings helps create distance between a person and a situation. It creates a moment of objectivity. Instead of, “I am afraid,” they can at last get to, “I feel afraid about what Mr. Jones shared during town hall and how it might affect my department.” It also helps those of us who may have a hard time defining how we’re feeling, to make sense of why our hearts start racing, or we get sweaty palms, or feel unsettled in response to certain news.  If you have a tough change coming up – call it what it is and help employees understand why the organization needs to head in that particular direction. Our brains don’t like incomplete stories and in the absence of information, we can come to all sorts of crazy conclusions. These concocted conclusions can spin FUD (fear, uncertainty and doubt) out of control into a danger tornado that is likely to pick up your change initiative and spit it out in the Land of Oz.

2) Communicate. Communicate. Communicate. Oh, did I mention? Communicate.

The amount and quality of information that is communicated to employees can influence how those employees will react (Wanberg & Banas, 2000). Running today’s ever-evolving organizations takes a lot of heavy lifting. It requires people-leaders and executives to be clear on the changes that are occurring and why those changes are taking place. AND it requires intentional multi-touch communications about said changes with all employees. Cynthia Witting shares, “There are several communication processes that impact employees’ reactions, including frequency, mode, content, and flow of communication. Gray and Laidlaw (2002) argued that the more embedded these processes are within management, the more effective the outcomes are because they enhance the quality of working relationships, harmony, and trust.” Sending out 1-2 emails about a change really isn’t enough. Ideally, there is a real-time, always-on, cross-functional, organization-wide conversation about these topics so that everyone can weigh-in equally and ask questions with transparency and without fear. This method should also provide communication scalability. In the absence of such a system, there needs to be on-going fireside chats or other means for employees to submit questions and expect real, authentic answers.

3) Employee participation in decision making.

According to an Aon Hewitt research study, the number one driver of employee engagement during times of change is the ability to be involved in decision making.  However, you might be thinking – if I ask them what they want or what their thoughts are, am I opening a proverbial can of worms? The reality is yes, initially it will require more work, but the outcomes of increased success and higher engagement are well worth the trouble. In fact, there’s a whole body of research available with a documented approach to making wide-spread change while engaging the whole team. It’s called Appreciative Inquiry. As opposed to the typical deficit-based mindset where everything is a problem to solve, the approach focuses on inquiries into the organization based upon what is working and what we want to do more of so that the team naturally moves in that direction. When folks have a voice – they feel heard and acknowledged. This is fundamental to creating and maintaining highly engaged employees. Particularly, in times of change.

The ongoing need for change presents a tricky situation when it comes to employee engagement. While leading organizational change, you must be able to rally the troops’ ongoing support and understanding. Too much top down change at once can result in disengaged employees, which equates to a loss in productivity. When your next major change happens across your organization, consider my top three tips to help eliminate resistance and gain support.

Perhaps Buckminster Fuller said it best. “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete”.

How has your organization effectively navigated change? We’d love to hear your thoughts!

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About the Author
Leigh BurgerLeigh joined the Achievers Professional Services team in June 2014 She serves as a trusted advisor to HR executives, professionals and business partners for the Achievers Fortune 500 global brands in rolling out their Employee Engagement platform. She holds a Masters, Positive Organizational Development & Change from Weatherhead School of Management at Case Western Reserve University as well as several relevant certifications. You can check out her full profile here.

 

 

Connect to the purpose of change

Staying Engaged During Corporate Change (Part 1)

When change sweeps through an organization, it often causes confusion, frustration, and fear. Even when dressed up with fancy words like “transformation” and “innovation,” employees know the end result is one thing: change.

One reason corporate change is uncomfortable is that it requires disconnecting. All change is, in disregard, disconnecting. Change forces us to let go of our old ways of being and our old measures of success.

To successfully navigate a changing workplace, studies show you must stay engaged. In my book The Successful Struggle, I examine several workplace studies on corporate transformation. The studies suggest that remaining engaged during corporate transformation is a key indicator of employee success and happiness.

In this 3-part blog series, I’ll share strategies for staying engaged in your changing workplace, so you can come out on top at the end of the transformation. All of these strategies involve connecting with something, to help fight the disconnection brought on by change.

The first strategy is to connect with the purpose of the change. Human beings are meaning-making machines: we are always asking “why?” We want to know why the change is happening, why it’s important, what it means for our future, and what the outcome might mean for us.

When change occurs in the workplace, however, getting the answers to those questions isn’t always easy. In one of my jobs as a director at a nonprofit organization, we had lost some employees and were shifting around responsibilities. Some departments were taking on new roles, and I was given control of a new income stream. No one told me if the new responsibilities were permanent or temporary, or even trained me on how to accomplish them. I didn’t know what was expected of me, or even why the tasks had shifted in the first place. This left me feeling disconnected from my purpose and challenged my ability to give my new duties proper meaning.

Leaders sometimes discuss the “why” of change around the management table, yet by the time they roll out the change to everyone else, they’ve moved on to talking about “when” and “how.” But for those of us just hearing about the change for the first time, we need to hear the “why” or we’ll never get on board. We won’t understand the purpose of the change, or what the payoff might be.

If you’re stuck in a corporate change and don’t understand the purpose behind the change, you’re bound to feel disconnected. To connect to the purpose of change, try these three things:

  1. Start a Dialogue about the Future. At a staff meeting, ask the leadership team about what the change means. To keep things positive and productive, frame your questions around the company’s future and how the change impacts the future outlook. Asking smart questions and staying positively engaged in the change will make you shine in your manager’s eyes.
  2. List your Opportunities. This change likely brings with it the possibility of growth for you, personally, and not just growth for your company. As you begin to understand where the company is headed in the future, write down ways the change can open up new doors for you.
  3. Make Change Less Personal. Because change is disconnecting, it can sometimes feel like it’s a personal affront to us. But letting the voice in your head tell you that change is personal keeps you from adapting gracefully. Change is bigger than you, so don’t let your mind dwell on how much you’re personally suffering.

Using these three strategies helps you understand the potential payoff of the change, and get behind it. When you reframe change as a challenge with a purpose, you’ll have a much easier time coming out on top!

Check out the second piece of my three-part series on staying engaged during corporate change here.

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About the Author
Courtney Clark speaks to organizations who want to adapt faster and achieve more by building a culture of Accelerated Resilience. She is the author of two books “The Giving Prescription,” and “The Successful Struggle,” a three-time cancer survivor, brain aneurysm survivor, keynote speaker, and founder of a nonprofit. www.CourtneyLClark.com

 

Trending HR Topics

Engage Blog: Top 10 HR Blogs of 2016

How fast time flies! Can you believe it’s already 2017? Every time a new year rolls around, I like to reflect on the previous year. For Achievers and the Engage Blog, 2016 was extremely eventful. For starters, Achievers’ Customer Experience (ACE) 2016 was a huge hit, with amazing keynote speakers, including famous journalist Joan Lunden and CNN commentator Mel Robbins. From the 50 Most Engaged Workplaces Awards Gala to a stellar lineup of speaking sessions, ACE 2016 brought together a Who’s Who of top performers and thought leaders in the HR and employee engagement space. If you weren’t able to make our biggest event of the year last year, no worries. We have the sizzle reel right here for you to watch! Stay tuned, registration for ACE 2017 in New Orleans opens in just a few short months.

Here on the Engage Blog, readers enjoyed a wide variety of HR topics in 2016. Trending topics ranged from employee turnover and talent management challenges to top company perks and thought leadership on the hot topic of employee engagement. To recap the hottest HR themes from last year, we’ve compiled our top 10 blogs of 2016. A must-read for HR pros – and employee-focused management of all stripes.

  1. 30 Fun, Fresh Ideas for Employee Appreciation Day – Or Week!
    Do you know when Employee Appreciation Day is? Officially, it’s the first Friday in March. But because we love employees so much, we celebrate them that whole week! Regardless of whether you celebrate it for a day or a week, it’s the perfect time to show your employees some love. To help you celebrate in style, we shared a list of fun ideas to help spread employee appreciation across your entire organization – including how to enhance wellness perks and boost employee recognition. Read more >
  1. 4 Ideas For Celebrating Employee Anniversaries
    Show your employees how much you value their work and dedication by celebrating employee anniversaries. By observing major milestones, you are demonstrating employee appreciation and encouraging employee recognition. Yearly work anniversaries are no longer limited to just a mug with a “Congrats on Your 1-Year!” sticker on it. Discover new and refreshing ideas for celebrating employee anniversaries. Read more >
  1. Top 5 Best Company Mission Statements
    Does your company mission statement resonate with you? Company mission statements are meant to align an organization’s employees to a clear, primary purpose. If your company mission statement lacks luster, your organization as a whole might suffer.  Find inspiration for your company mission statement by checking out our top five list. Read more >
  1. 3 Biggest Talent Management Challenges for 2016
    Did you know only 39 percent of employees are “very satisfied” with their jobs? Why is this and what can you do about it? Sometimes employee dissatisfaction starts with management. It goes back to that famous saying, “Employees leave managers, not companies.” It’s a manager’s responsibility to help employees love their jobs. Discover three major talent management challenges and how to address each. Read more >
  1. 4 Signs An Employee Is About to Quit
    Employee retention is vital to maintaining company morale and reducing high turnover costs. It’s been estimated that employee attrition can cost six to nine months’ worth of a departing worker’s salary. Learn how to retain great talent by understanding why employees quit and monitoring for signs that they may be planning to leave. Read more >
  1. 5 Keys: How to Become an Inspirational Leader
    Don’t settle for average leadership. Learn how to motivate your team and become an inspirational leader. Marci Peters, Achievers’ Director of Customer Service, shares insight from her 20+ year career in customer experience and reveals five keys to unlocking the inspirational leader within. Read more >
  2.  Top 3 HR Trends for 2016
    What were the top three HR trends from 2016? At the start of 2016, we said it would be the increased use of data analysis, revamped performance management processes, and a shift in employee learning and development opportunities. Were we right? Rediscover the top HR trends we believed would carry forward into 2017. Read more >
  1. Characteristics of a Good Manager: What Can and Can’t Be Taught
    Good managers can make all the difference for a business and its employees. Can someone be taught to become a good manager, or is it something you’re born with? We share what we believe are some of the inherent qualities that contribute to making a great leader, along with characteristics that can be taught. Read more >
  1. The Best New Employee Engagement Ideas for 2016
    Engaged employees perform 20 percent better than others. Start boosting employee engagement with new approaches in the workplace, including gamification, weekly open “office hours” for employee feedback, and tools to empower brand ambassadors. Access our list of employee engagement ideas to help motivate employees to reach their highest potential. Read more >       
  1. Which Company Perks Attract the Best Talent?
    Who doesn’t like a list of the best company perks? Top notch benefits and perks can be an essential hiring tool and serve as your company’s competitive edge to stand out from the rest. From paid time off to wellness programs, we reveal which company perks attract the best talent. Read more >

As we enter the New Year, let’s remember that great customer experiences start with a great employee experience. And it shows up in the bottom line too! According to Gallup, companies with highly engaged workforces outperform their peers by 147% in earnings per share. Start by focusing on employee happiness, and you’ll soon see a positive ripple effect across your entire business.

Happy Employees = Happy Customers = Stronger Business Results

Here at Achievers, we want to take this opportunity to say “Thank you!” to our readers. We appreciate you taking the time to read and share the articles we put a lot of thought and love into creating, and we look forward to bringing you more great HR content on the Engage Blog in 2017. Keep a lookout for new guest blogs from top HR influencers and powerful insights surrounding employee engagement, leadership, work culture, rewards and recognition, recruiting and hiring, employee retention, HR technology, and more. Cheers to 2017!

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About the Author
Kellie WongKellie Wong is the Social Media & Blog Manager for Achievers. She manages Achievers’ social media presence and The Engage Blog, including the editorial calendars for both. In addition to writing blog content for The Engage Blog, she also manages and maintains relationships with 25+ guest blog contributors. Connect with Kellie on LinkedIn.

 

 

Desire for Social Recognition

Why Employees Love Social Recognition

A business isn’t anything without its employees. So in order for your business to be successful in the long term, you have to ensure your employees are consistently performing at their best. How do you do that? By focusing on employee engagement. According to Gallup, “Companies with engaged employees outperform those without by 202 percent.”

But how can you move the needle on employee engagement? One of the best and most effective ways is through employee recognition programs. In fact, according to a survey conducted by Achievers, 44% of employees cited lack of recognition and engagement at their current employer as their reason to switch jobs in 2018, and 69% stated recognition and reward as a motivating factor to stay. Social recognition, in particular, is a fun and easy way to quickly show employee appreciation and boost employee engagement.

More recognitions = higher employee engagement

Employees experience an increase in job satisfaction from rewards and recognition, and it’s important they come from peers as well as supervisors. As noted in our recently published eBook, The Case for Employee Recognition, 71% of employees rank employee engagement as very important to achieving overall organizational success and 72% rank recognition given for high performers as having a significant impact on employee engagement. Furthermore, the report shows there is a negative correlation between the effectiveness of a recognition program and employee turnover rates – meaning employee recognition not only boosts employee engagement but reduces turnover rates as well.

Rewards and recognition create a positive workplace culture

A recent SHRM study noted that employees consider “culture and connection” to be a major contributing factor to employee job satisfaction. In recent years it has become widely accepted that implementing a robust rewards and recognition program is one of the top means of fostering a positive workplace culture, and one that promotes mutual respect and employee appreciation. In fact, a 2015 Cornell University research review noted that, “41 percent of the variation in employee engagement is attributable to the strength of recognition an employee receives,” and that 42 percent of companies with recognition programs include a social peer-to-peer component. In the conclusion of the study, the author states: “Recognition programs are becoming powerful avenues for exerting positive change in the workplace. What was once a nice-to-have practice is becoming a driver for improving employee engagement and a host of other factors that impact the bottom line, when properly executed. By making the programs strategic, leveraging peer-to-peer recognition, and garnering top executive buy-in, companies can maximize their return on investment on these programs.”

Social media is second nature

By 2025, millennials will make up 75 percent of the workforce, and they are accustomed to spending a big chunk of their time on social media. Giving and receiving positive reinforcement by way of social recognition is fun and natural to them. Social recognitions are not viewed as tasks or something they need to check off the “to-do” list, but an instinctive way to communicate with their peers and to showcase each other’s accomplishments. Social recognition has become an invaluable piece of the puzzle when it comes to initiating and sustaining an effective rewards and recognition program.

With 70 percent of U.S. workers not engaged at work, it is imperative for businesses to focus on employee engagement; and kicking off an employee recognition program is the logical first step. Through recognition, employees will feel more appreciated and, in return, be more productive. 77 percent of employees even stated they would work harder if they felt better recognized. As the Cornell report states, “What was once a nice-to-have practice is becoming a driver for improving employee engagement.”

To learn more about how your human resources department can establish a successful employee recognition program, download our employee recognition eBook.

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New Hires Engaged Employees

Turning New Hires into Engaged Employees – 3 Quick Tips for Success

Studies on turnover estimate that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average. For an employee making $40,000 a year, that’s $20,000 to $30,000 in recruiting and training expenses. Providing a competitive compensation and benefits package is important, but in today’s market, retention also requires making new hires feel engaged, aligned and connected from Day 1.

With this in mind, we offer three quick tips to think about when bringing people onboard your organization.

1. Promote affiliation with people from the start

SHRM shared the reasons new hires leave so soon included the expected, like lacking in clear guidelines on responsibilities and wanting better training, as well as some less intuitive factors. For instance, 17% said a friendly smile or a helpful co-worker would have made the difference between staying and going, and 12% wanted to be “recognized for their unique contributions.” Employees today, especially millennials, like to connect and collaborate, and that is especially true of millennials, yet the Aberdeen Group found that only 32% of organizations provide opportunities for peer networking. This represents a clear missed opportunity and one that can be easily remedied with a mentoring or “buddy” program.

Conclusion: Providing early opportunities for peer networking and social recognition are critical to retention.

2. Look beyond money to drive desired behaviors

According to a frequently cited Kepner Tregoe study, 40% of employees felt that that increased salaries and financial rewards were ineffective in reducing turnover. Employee behaviors today are driven less by financial incentive and more by aligning their personal values with company goals in order to endow their work with a greater sense of meaning. Meeting these seemingly less-tangible needs can be accomplished through a formal recognition and rewards program, along with frequent manager feedback and opportunities to connect with new team members.

Conclusion: Aligning employees’ personal values with company goals through recognition programs and frequent feedback is more likely to drive successful behavior.

3. Develop an onboarding system that engages quickly

Do you think of employee recognition as something only for employees who have been with the company for some time? More and more leading organizations are realizing that optimizing the workplace for employee retention requires integrating new employees into their recognition programs right from the start. By encouraging participation in an organization’s recognition program from the outset, employers can insure that new hires embrace and contribute to the company’s culture of recognition. To do this, employers can build training on the company’s rewards and recognition platform into employee onboarding programs and by not waiting until the employee has been with the company for an extended period before recognizing desired behaviors.

Ideas for early recognitions include recognizing new hires for how quickly they get up to speed on their new job responsibilities, how well they are connecting with their new co-workers, or how frequently they participate in culture-building activities. In order to reinforce a culture of recognition and achieve ongoing employee engagement as a result, recognitions should be frequent, meaningful and tied to company values. In fact, Gallup recommends at least every seven days.

Conclusion: Engage employees and integrate them into the company’s culture of recognition from day one through recognitions given early and often.

New hires are more likely to decide to stay with your organization when they feel appreciated and welcomed by their peers. Millennials especially, projected to make up more than 50% of the workforce by 2020, embrace peer networking and social recognition. Setting up new hires for success through early participation in a company’s culture of recognition is good for employees and good for the organization.

Learn how to build a culture of recognition by downloading our eBook: Recognition Culture: The MVP of Employee Experience.

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Measuring Employee Performance

5 Performance Measurement Myths

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.

We all want the best hires and to lure the top talent. But once on board, they’re part of the organization, and now making sure that they’re fully engaged becomes the challenge. But how do we know if they are working up to their potential? Old-school approaches to performance management, which view a single employee outside of the context of today’s team-based, networked workplace, no longer ring true. Indeed some would argue that many of these approaches were myths to begin with – and I’d have to agree.

Here are five assumptions about measuring employee performance that need to be retired:

Myth #1 – Individuals should be judged solely on their own performance.

The idea that we perform as an island may apply to an isolated few, but it doesn’t fit the majority of workplaces — either today or yesterday. The investment made in working out how to evaluate individuals may be better spent evaluating the quality of their team or business unit’s output. What targets have been hit? What goals have been reached?

Perhaps we should be evaluating employees not only on their performance, but on their level of engagement and on their ability to thrive in team-based environment. Highly engaged employees are more likely to give the kind of discretionary effort that all bosses are looking for, and that have a tangible effect on a company’s bottom line. In fact, Aon Hewitt has reported that for every incremental one-point increase in employee engagement organizations saw a 0.6% increase in sales. For a company with sales of $100 million, this translates to a $6 million windfall! And in companies with the most engaged employees, revenue growth was 2.5 times greater than competitors with lower levels of engagement.

Myth #2 – Good employees just do the job, they don’t need a reason or added meaning.

Is the better employee really the one that doesn’t need to understand how their work aligns with company’s mission and values? Performance stems from engagement. And being engaged stems, in large part, from feeling aligned to — and invested in — the company purpose. Motivation and meaning go hand in hand.

Even if a task is performed well, accomplishing it inside a vacuum is going to create a gap somewhere along the line. Employees deserve to know why they’re there. They’ll participate more fully, and are more likely to push to reach targets and goals if they are invested in the rationale behind the effort.

Myth #3 – An employee that’s good this year will be good next year.

When a team of researchers dove into six years of performance review data from a large U.S. corporation, they found that only a third of high-scoring employees scored as high in subsequent years. And they found no evidence that high-performing employees always perform highly, or that poor performing employees perform poorly. Today’s workforce is continually being met with innovations that require new learning and new skills, so what’s “good” today may not be an accurate measure of what’s desirable tomorrow.

When a company uses trackable learning platforms, they have a means of measuring growth and development. To drive engagement and retention they can extend from onboarding programs, demonstrating a commitment to an employee’s growth from the moment of hire. 84% of employees want to learn, and keep learning. When you align an employee’s learning with the company’s business goals, that’s a win for all.

Myth #4 – Past performance is indicative of future results.

In 2015, a number of Fortune 500 companies announced that they were doing away with old school performance reviews. Accenture, the Gap, Adobe and General Electric all veered away from the annual or quarterly review ritual in favor of building a stronger culture based on continuous feedback and frequent recognition.

What’s happening instead is that many companies are moving to a system where employees and managers can give and receive social feedback and track the history of recognitions given and received. This new approach – measuring the frequency of peer-to-peer, intra-team and team recognitions within a powerful digital and social recognition program – provides better quality insights and has the potential to foster a far more positive, and productive, work culture.

Myth #5 – The best way to measure performance is when no one’s expecting it.

Spot checks, random and unexpected, are still recommended by some HR stalwarts, who assert that it’s a way to motivate employees to give a consistent performance. But it conveys an atmosphere of mistrust that may be more of a de-motivator.

Trust is critical to employee engagement, but it’s still in short supply: a recent survey of nearly 10,000 workers from India to Germany to the U.S. found that only 49% had “a great deal of trust” in those working above and alongside them. Contrast that with study findings showing that organizations are extremely concerned with driving engagement and promoting a workplace culture that is based on transparency and meaningful work. You can’t have both.

That we’re still having this conversation is in part because we may lack the imagination to see our way to a new starting point. But the real drive to perform comes from within.  We are motivated by purpose, and by being appreciated for what we do.

Employees today want to be engaged, we want to know what higher purpose our efforts are contributing to, we want to excel and to grow. Employers should start with that knowledge and measure their employees accordingly.

Make sure to check out the other series of guest blogs from Meghan Biro, starting with her first guest blog post For Recognition To Have An Impact, Make It Strategic.

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About the Author
meghan biroMeghan M. Biro is a globally recognized Talent Management and HR Tech brand strategist, analyst, digital catalyst, author and speaker. As founder and CEO of TalentCulture, she has worked with hundreds of companies, from early-stage ventures to global brands like Microsoft, IBM and Google, helping them recruit and empower stellar talent. Meghan has been a guest on numerous radio shows and online forums, and has been a featured speaker at global conferences. She is a regular contributor at Forbes, Huffington Post, Entrepreneur and several other media outlets. Meghan regularly serves on advisory boards for leading HR and technology brands. Meghan has been voted one of the Top 100 Social Media Power Influencers in 2015 by StatSocial and Forbes, Top 50 Most Valuable Social Media Influencers by General Sentiment, Top 100 on Twitter Business, Leadership, and Tech by Huffington Post, and Top 25 HR Trendsetters by HR Examiner.

 

Case for Employee Recognition

Why Employee Recognition Matters

Do your employees feel recognized? Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. Employee recognition drives employee engagement, and with higher employee engagement come lower turnover rates and stronger business results. Engaged employees perform 20 percent better and are 87 percent less likely to leave their organizations than their disengaged colleagues. Also, companies with the most engaged employees report revenue growth at a rate 2.5X greater than their competitors with the lowest level of engagement.

So, how do you start building your case for an employee recognition strategy? Start with The Case for Employee Recognition E-Book – an all-in-one guide that highlights everything you need to know about employee recognition. It details where the modern-day workplace is heading, why employee recognition is invaluable for businesses, and ultimately how to secure senior management buy-in. Below are some key takeaways from The Case for Employee Recognition E-Book that every HR professional should be aware of:

The ever-changing workplace

The workplace is constantly evolving and it’s important to be aware of where it’s heading. Organizations are no longer hierarchical and top down, but instead collaborative and bottom up. Baby boomers are retiring faster than young workers can replace them, intensifying the war for top talent and putting the ball in the millennials’ court. By 2018, it’s expected that millennials will make up more than 50% of the workforce.

Case for Recognition Gen Y Chart

The Case for Employee Recognition E-Book

Why employee recognition is a need, not a want

It’s simple: employee recognition positively impacts employee engagement and drives business success. According to Gallup 80 percent of employees said recognition is a strong motivator of work performance and 70 percent said they would work harder with continuous recognition. With $8 billion in assets and 260,000 customers, Meridian Credit Union saw a measurable, positive impact after implementing a rewards and recognition program.

“Analyzing the impact of engagement by comparing the top and bottom quartile of engaged employees showed that each highly engaged employee (top quartile) was responsible for over $2 million in growth, while each of the least engaged employee (bottom quartile) were responsible for $1.29 million.” – In regards to Meridian Credit Union, The Case for Employee Recognition E-Book

How to secure senior management buy-in

Hopefully now it’s clear that both your business and employees can benefit from employee recognition. But how can you get senior management on board? Start with the data. Numbers don’t lie and leaders will pay attention when you present them with ROI numbers for engaged workplaces, its impact on financial performance, and how recognition is a key driver of both. All this valuable data and more is presented in our new eBook: The Case for Employee Recognition.

Learn how employee recognition promotes engagement, creates an infectious work culture that retains top talent, and improves overall customer satisfaction by downloading The Case for Employee Recognition E-Book.

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About the Author
Kellie WongKellie Wong is the Social Media & Blog Manager for Achievers. She manages Achievers’ social media presence and The Engage Blog, including the editorial calendars for both. In addition to writing blog content for The Engage Blog, she also manages and maintains relationships with 20+ guest blog contributors. Connect with Kellie on LinkedIn.

 

For Recognition to Have an Impact, Make It Strategic

We’re way beyond the old paradigm of years-of-service plaques or holiday gift cards as a form of employee recognition. We know that such rewards, tied to tenure or sporadically bestowed on an individual employee for a job well done, fall short of achieving any larger goal. For employees, they do little to spur a sense of being truly valued by an organization. For the organization, they don’t spark the levels of engagement that we know drive performance and lead to desired business outcomes. Why is this an issue? Gallup research this year found that only 33 percent of US workers feel engaged at work (it’s a mere 13 percent worldwide!). That’s nearly the same figure it was 10 years ago.

And even if organizations do connect recognition to driving individual performance and achieving desired business outcomes, how many have a recognition program that actually works? Achievers’ 2015 “The Greatness Gap” survey of the North American workforce found that most employees are far from satisfied with how, when, or why they receive recognition — if they do at all. They don’t feel they are recognized at their preferred frequency (41%) or get a manager’s in-the-moment feedback (60%) They don’t feel recognized for making progress (57%) or achievements (53%). Based on these findings, disengagement, not engagement, seems to be the rule.

But this gap is more than just a gap in driving engagement via feedback. It represents lost intelligence on how to improve the employee experience and better align it with business goals. To play an effective role in an organization’s success, a recognition program needs to serve a powerful strategic function for both employee and employer.

Strategic recognition serves a number of dual roles:

 

It’s part of a widespread, unified system of employee engagement —

that can be customized into any format, platform and frequency.

 

It’s aligned to the vision and values of the organization —

and can be tailored to meet individual employee preferences.

 

It generates powerful insight on employee performance and behavior —

but “learns” from even the delivery of a “smile” emoji or an e-thanks.

 

It’s closely aligned to business goals and targets —

While also recognizing employees for “softer” contributions & achievements as well.

 

It builds bridges between the executive/management and employee sides —

and enables uphill, peer-to-peer, team-to-team, and intrateam recognition as well.

 

It functions from a single, Cloud-based nervous system, regardless of organizational side or geographic location—

but always feels local and human in scale and tone.

 

It identifies out-in-front performers and succession candidates —

while pinpointing gaps and trouble-spots as well.

 

A strategic program of recognition builds engagement — and therefore has a positive impact on retention — supports talent management, and is closely tied to business goals. It is also the foundation of a cohesive, supportive environment. It also looks at the future as well as the present. It may be further refined to fit organizations shifting to more autonomous, team-based structures — a coming workplace shift identified by Deloitte’s 2016 human capital research. Or it may already be addressing profound shifts in workplace demographics (4 generations working together) and geography (global organizations with multiple hubs).

How long does it take for a strategic recognition program to take root and deliver game-changing results? Shop Direct, a multi-brand digital online retailer with some 4,500 employees, launched its highly successful recognition program across multiple global sites two years ago and it is already being credited with having a major positive impact across the entire organization. 

Shop Direct’s Shine program was designed to reinforce the organization’s purpose (to “Make good things easily accessible to more people”) and values (Trusted, Together, Proud, Ambitious, Innovative), and to drive performance. The program enabled instant recognition and rewards across multiple sites. And with features like at-a-glance data and in-the-moment messages, it soon turned into a keen motivator that has boosted engagement levels by 14%. But perhaps the clearest indicator of success has been the high level of adoption that the program has achieved. In less than one year, Shop Direct employees had sent more than 355,000 recognitions, and activation rates stood at an impressive 97%. Shop Direct has since garnered multiple awards for its innovative thinking — including being ranked as one of Achievers 50 Most Engaged Workplaces.

Likewise, communication and network services giant Ericsson (managing some 2.5 billion subscribers globally), needed a strategic solution to its employee recognition challenge. The platform had to be able to connect over 15,000 employees in dozens of hubs across North America — and improve on existing manual recognition programs. After implementing the Achievers solution, Ericsson’s HR team was able to automate recognition among geographically-dispersed employees, track program spend (without once going over budget), and use program data to link recognition to business results. Employees enthusiastically embraced it, making it the most widely-utilized “voluntary” enterprise platform the organization had ever implemented.

If no man or woman is an island, no employee should feel like he or she is working alone. Whatever job we do, we all want to be appreciated. What’s most profound about a truly strategic recognition program is that is answers that very basic human need. But all the while, it’s an incredibly powerful driver — and monitor — of a much larger success story: the organization itself. That’s a win for everyone.

Check out Meghan Biro’s second guest blog post It Takes a Recognition Culture to Spark Engagement.

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About the Author

meghan biroMeghan M. Biro is a globally recognized Talent Management and HR Tech brand strategist, analyst, digital catalyst, author and speaker. As founder and CEO of TalentCulture, she has worked with hundreds of companies, from early-stage ventures to global brands like Microsoft, IBM and Google, helping them recruit and empower stellar talent. Meghan has been a guest on numerous radio shows and online forums, and has been a featured speaker at global conferences. She is a regular contributor at Forbes, Huffington Post, Entrepreneur and several other media outlets. Meghan regularly serves on advisory boards for leading HR and technology brands. Meghan has been voted one of the Top 100 Social Media Power Influencers in 2015 by StatSocial and Forbes, Top 50 Most Valuable Social Media Influencers by General Sentiment, Top 100 on Twitter Business, Leadership, and Tech by Huffington Post, and Top 25 HR Trendsetters by HR Examiner.

 

Employee Recognition HR Stats

5 Eye-Opening HR Stats: Why Employee Recognition Matters

Employees are arguably the most important component of a successful business.  Employees put a human face on the product, build relationships with customers, and define the work culture that feeds business performance – yet 32% of companies struggle to retain top talent. What defines an effective retention strategy varies from business to business, but there is one common element that has been found to work across most business types and sectors: employee recognition. In fact, a recent Achievers’ study found that employees have a deep desire for recognition, with 93% hoping to be recognized at least once a quarter. In addition, 75% of employees who received at least monthly recognition (even if informal) reported being satisfied with their jobs. And finally, in a recent Harvard Business Review study, 72% of respondents ranked recognition given for high performers as having a significant impact on employee engagement. With these kinds of numbers, it is clear that both employees and employers stand to benefit from a well-executed employee recognition program.

As we approach the end of 2016, this is the perfect opportunity to define the tone for the New Year and reflect on the importance of employee recognition for businesses. To help set the groundwork for a successful 2017, we present to you five revealing HR stats that prove the value of employee recognition.

  1. Employees are loyal to careers, not jobs
    Workplace loyalty is not derived from a job; it is nurtured through a fulfilling career.  78% of employees would stay with their current employer if they knew they had a career path instead of just a job. With employee recognition, you can motivate and identify core competencies to help develop career paths for employees in a positive and organic way.
  1. Understanding progress matters
    Goals can be daunting: understanding the progress made towards attaining them makes them seem more manageable, and 32% of employees agree. Employee recognition isn’t just for the big wins; it’s an excellent way to support progress and provide encouragement by giving employees feedback every time they move one step closer to completing their goals.
  1. Respect knowledge and experience
    People work hard to cultivate their skills, and 53% of employees say respect for their knowledge and experience is their top expectation of leadership. An employee recognition platform allows both leaders and peers to publicly praise employees for their expertise, providing the employee with further motivation to develop it further.
  1. Recognized employees are happy employees
    Employee recognition doesn’t require a huge commitment. In a recent survey of 1,000 U.S.-based, full-time employees 75% of employees who were recognized by their manager once a month – which is a good cadence to check in on progress to long-term goals – reported being satisfied with their job. While 85% of those that were recognized weekly reported being satisfied. The more satisfied your employee is, the more engaged they will be, and the more likely they will stay with your company for the long-term while producing stronger results.
  1. A mission statement is meant to guide employees
    Unnervingly, nearly two-thirds (61%) of employees don’t know what their company mission statement is. An employee recognition program, clearly linked to a company’s mission and values, is a great way to align employees around those values. By praising and reinforcing behaviors and outcomes that line up with and support the company’s mission and values, employees are inspired to live and breathe those values every day. This in turn helps to build a unified corporate culture and makes clear to individuals how their work helps the company to achieve its goals.

Retaining employees is about establishing reciprocal loyalty, making their jobs feel meaningful, and supporting and encouraging their professional development – one of the best ways to do all of these things is through employee recognition. When a company demonstrates its commitment to supporting and recognizing its employees, they will be rewarded with engaged employees who are dedicated to contributing to the company’s mission and bottom-line.

To discover more eye-opening HR stats and learn more about the correlation between recognition and retention, check out our white paper: The Greatness Gap: The State of Employee Disengagement.

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Also, don’t forget to check out our cool infographic highlighting these 5 eye-opening HR stats.

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About the Author

Sarah ClaytonSarah Clayton is the Communications and Campaigns Specialist at Achievers, where she focuses on generating content to drive desired recognition behaviors and engagement on the platform.

 

 

 

Learning and Development Programs

How to Leverage Learning and Development to Improve Employee Engagement

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? Getting the answer wrong could be costly. According to Sh!ft, the total loss to a business from ineffective training can add up to $13.5 million per year per 1,000 employees. The key is to stop wasting money on ineffective training programs and start approaching learning and development initiatives with a new, creative outlook designed to boost employee engagement.

Training Magazine recently featured an article providing a behind-the-scenes look at leading tech companies that are stepping up their learning and development opportunities to successfully engage employees. Following, we have pulled a few highlights from the article to help you gain some inspiration for your business:

Adobe’s focus on quality content

Adobe focuses on learning and development opportunities through its Learning@Adobe program. With the use of their own product, Adobe Connect, and other resources, they are able to offer a wide portfolio of e-learning tools. For Adobe, it’s all about the quality of content, and we can understand why:

“Adobe gets the content right—its 60-minute virtual Adobe Connect labs consistently receive net promoter scores above 90 percent.” – Training Magazine

Facebook’s learning and development package

Mike Welsh, Learning and Development Partner and People Engineer at Facebook, shared, “Facebook’s key learning and development objectives are to promote respect and foster a culture of continual learning.” So how does Facebook accomplish this? Through a number of innovative programs. First, the company focuses on personalizing the experience for employees with various specified tracks and on-demand classes. Next, Facebook provides an Engage Coaching Program that enables new managers to have one-on-one time with an executive as a mentor. Together, they work on their people management skills. Finally, Facebook’s FLiP (Facebook Leadership in Practice) program is built for peers and executive team members to provide rising leaders honest feedback.

Salesforce centers its attention on employee success

Salesforce focuses on employee success to drive customer success. In order to do this, Salesforce developed Trailhead, an interactive customer learning platform for in-house employee training. Trailhead also opens up one-on-one learning opportunities for managers and employees to discuss and track the progress of personal goals.

But Adobe, Facebook, and Salesforce are just three of many tech leaders that are effectively using and learning and development to drive employee engagement. Don’t lose sight of what’s important to your employees. According to Oxford Economics, 62% of executives say millennials will consider leaving their jobs due to lack of learning and development. Learn how to create an unbeatable learning and development program to retain your employees and keep them motivated.

What other ways can your business kick off an impactful learning and development program? Training Magazine shares five affordable ways for companies of any size to run a successful learning and development initiative:

  1. In-house mentorship and coaching
  2. Online education courses
  3. Gather employee feedback and test new ideas
  4. Train new managers to become inspirational leaders
  5. Value your employees like you value your customers

It’s been reported that three-fourths of employees that work for companies with financial performance that is significantly above average are moderately or highly engaged. Start engaging your employees with the right learning and development opportunities. By connecting employees to new learning and development resources, they can reach their full potential at work, feel driven to produce stronger results, and trust that their company cares about its employees’ success.

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About the Author
Kellie WongKellie Wong is the Social Media and Blog Manager for Achievers. She manages Achievers’ social media presence and
The Engage Blog, including the editorial calendars for both. In addition to writing blog content for The Engage Blog, she also manages and maintains relationships with 20+ guest blog contributors and edits every piece of content that gets published. Connect with Kellie on LinkedIn.

 

High Employee Turnover

How to Protect Your Company from High Employee Turnover

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. Furthermore, this cost estimate is only an average; replacing more specialized employees can often run into six figures! One Catalyst estimate states that turnover-related costs amount to 12 percent of pre-tax income for a typical company; and these figures don’t begin to describe the internal stress created when someone quits, or the hit your brand can take if a disgruntled departing worker shares their displeasure on social media.

From the employee point of view, it’s important to realize that in 2015, almost 25 percent of American workers left their jobs voluntarily. Moreover, nearly 37 percent stated that they were currently thinking of quitting, even though they hadn’t made the move yet. The root of employee attrition originates in a lack of engagement, so the best approach to protect your company from high employee turnover is to focus on employee engagement. However, despite these alarming figures, nearly 1 in 5 executives still don’t measure their employees’ engagement in any way.

Start at the beginning

Creating a sense of engagement and belonging in your staff begins on the very first day. One-third of all employees know within the first week at a new job whether they will stay with the company for the long term. With this in mind, it is important to focus on the quality and structure of your onboarding process. Your onboarding process should be built with employee retention as one of its primary objectives. The mission and purpose of your organization should be clearly communicated from day one so that your new hires can envision your company as the right fit for their career in the long run.

Build team relationships

Assigning a mentor to new employees helps them integrate into the work culture and feel more welcomed by other team members. The mentor will naturally take an interest in the person to whom they are assigned, and should feel invested in making sure the new employee transitions into their role smoothly. An important thing to remember is that formal mentoring is only a part of the senior employee’s job. They also need to make introductions, share practical knowledge, and help the new employee to feel welcomed as a valued part of the team.

Make room for personal work styles

Providing enough flexibility to allow for various work styles and schedules is also becoming increasingly important to organizations’ employee retention efforts. If you have employees who have expressed an interest in working a slightly adjusted schedule, allowing them to shift their start time a few hours earlier or later builds loyalty and goodwill by letting them know you trust them to enough to be flexible. Harvard Business Review cites an experiment in which half the workers at a travel website were allowed to choose whether they’d like to work from home. After a nine-month trial period, the company found that workers in the at-home group quit at half the rate of those who remained at the office. Furthermore, productivity in the at-home contingent had increased by 13.5 percent. Not every employee prefers to work remotely, but facilitating that opportunity will build your brand’s reputation as being a responsive, caring employer.

Help your employees reach toward the future

Providing your staff with training and development opportunities is also an essential part of any retention strategy. This may seem counter-intuitive if you think that you’re just spending money training your staff for their next career move. But as a matter of fact, training has been statistically linked to retention, and HR consultants point out that their experience bears out these figures. Offering your staff the chance to increase their skills is a form of succession planning: By nurturing your company’s top performers you ensure a home-grown stable of future leaders. It also broadens the extent of your own in-house expertise, potentially saving you money by filling existing gaps in skills. Finally, the challenge of and rewards of learning new skills increase employees satisfaction and actually slows employee turnover.

Engage employees through recognition

Recognizing your employees for the contributions they make is another essential element in any program to increase retention. This basic management truism is all too easy to set aside when the pressure is turned up for higher productivity — but the price of ignoring employee recognition is far too high to pay. In a SHRM survey of workers who had quit in the first six months of a job, 38 percent said that they might have stayed if they were “recognized for my unique contributions,” or if they received more attention from coworkers and managers, or if they had simply been offered a friendly smile.

The solutions to employee turnover are some of the same actions that will strengthen every aspect of your business. When you make internal changes that bring your staff a greater sense of well-being and a feeling of being supported, you’ll not only retain them but also attract top talent and deliver better products and services as a result. To learn more, download our white paper on uniting your workforce with a positive company culture.

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How to Spot Who’s Going to Quit Next

Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on. Of course it’s necessary to create a culture in your organization that makes people want to stay — but it’s equally important to be able to recognize which employee is planning to quit next. Research into employees quitting provides some actionable insights:

Demographics most likely to quit

Over half of employees who leave their jobs do so within the first year, according to a study by Equifax. This statistic indicates that the early phases of your new hires’ careers are the most sensitive and that you should pay extra close attention to new hires who show continuing signs of disengagement at the workplace. To this end, it is important to focus your onboarding program on how to engage employees as quickly as possible to avoid high turnover. It’s also helpful to be aware of which industries have the highest percentage of employee turnover. The average turnover rate in 2015 across all industries was 16.7 percent. However, the banking and finance industry saw an 18.6 percent turnover rate, the healthcare industry was at 19 percent, and the hospitality industry topped the list with a whopping 37.6 percent employee churn rate.

Specific traits that mark a quitter

While knowing that your industry tends to have especially high turnover rates can cause you to be more alert to the risks, it also helps to know what specific traits to look for in your employees. Research conducted at Jon M. Huntsman School of Business at Utah State University yielded an actionable set of behaviors that you should be watching for. If employees display at least six of the behaviors listed in the Utah State University study, the likelihood they are planning to quit in the near future reaches 80 percent. Top behaviors listed in the study include:

  • Less focus on the future: Since they know they won’t be around as projects are completed and rolled out, workers planning to quit in coming weeks tend to show markedly less willingness to sign onto long-term projects. They may also pass up opportunities for training and development, and show less interest in advancing to higher positions within the company.
  • Less connection to work: As they begin to withdraw and their engagement level drops, workers planning to leave soon tend to display lowered productivity. They’ll come up with fewer new ideas and suggestions for innovation, and they won’t go beyond the required minimum effort.
  • Less social energy: Employees likely to quit soon begin to retreat from normal socializing at work. They become “more reserved and quiet,” and they also avoid interacting socially with their boss or other managers.

Employee engagement is a reliable indicator. Reviewing the problematic behaviors listed above, it becomes obvious that they all describe a worker who is not engaged. The direct correlation between engagement and retention is further demonstrated by the USU’s list of behaviors that don’t correlate with quitting: If you have an employee who suddenly schedules a lot of doctor’s appointments, shows up at work in a suit, or even leaves a copy of their resume on the copier, you may want to check in with that person — but (contrary to conventional wisdom) those actions don’t necessarily indicate that the worker plans to quit. And, interestingly, these non-problematic behaviors can all occur in a fully engaged worker. Predicting employee attrition, then, becomes a matter of being able to recognize lack of engagement, rather than other less reliable markets.

Developing your action plan

Using employee recognition as an indicator enables you to identify your most loyal employees. These top performers are the ones who are not only engaged in producing high-quality work, but they’re also the ones who reach out to recognize their colleagues and promote an atmosphere of warmth and recognition within your organization. Conversely, once you find out which people are most engaged with their coworkers, you can also more easily become aware of the ones on the opposite end of the spectrum: the employees who are retreating from engagement and showing signs that they might quit.

Recognizing coworkers is a solid sign of engagement

According to a recent Achievers study, it was discovered employees who were about to be promoted sent an average of 3.8 times more recognitions than their coworkers; meaning active recognizers are more likely to be promoted within their organization as opposed to non-active recognizers. Those employees who feel appreciated and engaged tend to reach out to express active recognition of their colleagues are more likely to stay than quit, and they’re also the ones you need to nurture and groom for leadership roles.

Once you identify the members of your staff who are in greatest danger of quitting, you can develop managerial practices to build employee morale and loop the outliers back into a sense of alignment with the company. A desire to be recognized and appreciated for the work that they’re doing is one of the primary reasons that people quit their jobs, and a Forbes survey found 79 percent of employees “don’t feel strongly valued for the work they put in.” That same article stated, “When you take into consideration the high cost of turnover and an increasingly improving job market, these findings ought to get you thinking about your own recognition strategies. How can you expect employees to stay at your organization if they’re not getting the appreciation they deserve?”

Don’t lose top talent and take action immediately by developing the right employee recognition strategy for your business. The more you increase employee recognition, the more you’ll increase employee retention and engagement as a result. To learn more about how you can increase employee retention through a culture of recognition, download our Ultimate Guide to Employee Recognition.

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HR Nightmares

10 Scary HR Stats That’ll Make You Howl This Halloween

Skeletons in closets, magic disappearing acts, and people masquerading as someone else: Is Halloween coming or is it just the normal everyday stuff of HR nightmares? This year, avoid spooky business in the office by brushing up on these important HR trends.

#1: Unsuccessful New Hires Haunting Your Halls

A recent survey by Leadership IQ reported that, “46 percent of newly hired employees will fail within 18 months.” Forty-six percent! And it isn’t that you read their resumes wrong or they falsified their background and experience — it’s that those new hires simply are not a good fit for your company. When recruiting, ensure you’re hiring for both fit and skill.

#2 and #3: Dr. Jekyll or Mr. Hyde: Whose Resume Do You Have?

CareerBuilder reports that a whopping 58 percent of hiring managers or recruiters have dealt with resume falsifications, a number that grew during the recent recession. When you add that to SHRM’s HR analysts findings that most resumes are read for five minutes or less, you have a dastardly potion brewing. Spend time getting to know your candidates personally and thoroughly vet their backgrounds to ensure you’re getting the brilliant Dr. Jekyll — not the despicable Mr. Hyde.

#4: The Global Market Beckons, But Your Office May Be a Ghost Town

In 2014, a Deloitte HR analysis found that 48 percent of executives lacked confidence that their human resources department was capable of meeting global workforce demands. What are you doing in the face of globalization? Depending on the location of your employees and offices, you may have a lot of education and retraining to invest in.

#5: On Again, Off Again

Industry statistics and HR data shows that one in three new hires quits within the first six months. Why? Lack of training, failing to fit in, not enough teamwork. Remember that recruiting is only half the battle — ensure your structure is also set up to effectively retain new and old employees alike.

#6: Take Off the Mask: First Impressions Matter

Did you know that one-third of new employees decided within their first week of work whether they’ll be staying with an organization long-term? How do you welcome and onboard new employees? Ensure the first impressions you give are accurate and positive.

#7 and #8: Engaged and Happy Workforce or Disengaged Automatons?

Employee engagement has long been a key issue in workplace success, and recent data and analytics show that hasn’t changed. Nearly two-thirds of all employees are disengaged, and 70 percent are unhappy with their job — and that will show in their work and in your company’s success. You can never overestimate the value of a well-designed engagement strategy.

#9: Pulling a Disappearing Act

Are you ready for as many as two-thirds of your workforce to leave your organization within the next year? That’s how many employees the Kelly Global Workforce Index says will actively engage in a job hunt in a year or less. Again, preventing this requires a strong employee engagement strategy paired with an attractive total rewards package.

#10: The Changing Face of Your Workforce

About 10,000 baby boomers turn 65 every day – and millennials now represent the largest subset of America’s workforce. Are you ready – really ready for the shift your business will undergo as a result? Insight and data show that millennials expect to be compensated differently, engage differently and work differently. It’s time to brush up on your emojis and get down with Snapchat. Don’t be scared, but do prepared!

As we approach the end of the year, take these 10 scary HR stats into consideration when re-strategizing your employee engagement strategy. Don’t be kept in the dark by downloading The Greatness Gap: The State of Employee Disengagement White Paper.

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Also, make sure to check out our cool infographic highlighting these 10 scary HR stats!

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Company Perks

5 Insanely Great Company Perks That Will Draw Top Talent

Life would be simple if hiring the best people were only a matter of offering competitive pay. Incentive Magazine revealed employee benefits are more valuable than ever – according to MetLife’s 10th annual study of employee benefits trends, there is a strong relationship between satisfaction with benefits and overall job satisfaction. In today’s tight talent market, employers have to claim a unique position for their brand if they want to snag the top-tier candidates. Here are five compelling perks your business can use to make all your job openings magnetic.

1. Unlimited vacation

As achievement is increasingly measured by output rather than hours, work schedules are becoming less relevant. Remote working means a revolutionary new approach to accountability; employees may prefer working in the middle of the night or from a seaside cafe on another continent. Workers in the era of unlimited vacation are in some ways more connected to their jobs than ever before while also being free as birds.

2. Endless food

The days of packing lunches from home are ancient history in today’s most progressive organizations. Whether it’s the catered meals and stocked kitchens of SquareSpace, the fun lunches of Warby Parker, or the personalized birthday boxes offered by Stack Exchange, today’s work culture is all about great food. Even smaller companies keep their employees’ energy up by providing healthy high-protein snacks by the coffee maker.

3. On-site health support

Your company’s well-being relies on healthy employees, so why not invest in their health if you have the chance? This philosophy may take the form of on-site medical clinics, fitness centers, or bowling alleys – or it may include offering free gym memberships. Regardless of how fancy the facilities are the goal remains the same. Get employees up and moving around if you want to keep them engaged and energized for the long-term.

4. Unbeatable employee referral programs

Plenty of organizations offer plain vanilla employee referral programs, but if you want to be noticed for your policies, the trick is to pay attention to best practices. Serve up those referral bonuses promptly and be willing to reward outside your own organization. Nudge your staff several times a year to be on the lookout for new team members and change up the bonuses regularly. There’s no better way to build stability in your organization than by maintaining an effective employee referral program.

5. Rewards and recognition

Finally, employee recognition programs both attract employees and keep them engaged, as Ericsson’s E-Star program demonstrates. This company’s monetary and social recognitions program has a broad approach, with numerous benefits and perks, including a referral program, digital gift cards, mobile app capabilities and much more. These recognition all-stars do it all with style, building employee commitment by providing a positive work environment.

Download our Achievers Culture eBook today and learn more about how these perks can fit into your company’s strategy for building and boosting employee engagement.

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Manager and team

Top 7 Tips for Becoming a Better Manager

Bad managers cost businesses billions of dollars each year. According to Gallup, managers account for at least 70% of variance in employee engagement scores across business units. Gallup also discovered that great managers tend to share the following traits: motivational, assertive, accountable, transparent, and makes decisions based on productivity, not politics. As a manager, your success depends on both your and other people’s efforts. To get the optimal performance from your team members and be the best manager you can be, follow these 7 tips:

1. Focus on team building

While you’ll be relating to each of your employees as individuals, you also need to be aware of the fine art of team building. Your staff will be most productive when they mesh well together and have a strong identity as being part of the same team.

2. Work on your communication skills

Clear messaging is a fundamental piece of your management skill set. Focus on what you want your direct reports to hear, and keep in mind that people have varying styles of processing information.

3. Ask for feedback

The best managers are always in conversation with the people they’re supervising. Asking for feedback helps you avoid becoming isolated, makes you aware of problems before they become critical, and opens the door for innovative new ideas.

4. Set high standards

The best way to elicit great performance from your team is to be clear about your high expectations. Of course, expecting excellence must always go hand-in-hand with providing your staff with all the resources and support they need while holding yourself to the same high standards.

5. Delegate effectively

One hallmark of inexperienced leadership is a reluctance to delegate crucial tasks. You can’t produce optimum results if you micromanage or maintain control of every single function. Prepare your team well for a project and then let them run with it; you’ll be more relaxed and you’ll achieve more in the end.

6. Avoid inter-department conflicts

The agility that characterizes today’s most effective organizations often requires improvisation and free-form cooperation between different departments. You can facilitate this flexibility by maintaining good relationships with your colleagues in different departments while clearly articulating areas of accountability.

7. Recognize and appreciate your employees

Employee engagement, productivity and retention all depend to a high degree on the human sense of being appreciated. Make sure that your direct reports are not included in the 53% of employees who don’t feel recognized for their achievements at work. Monetary and social approaches can both be part of an effective system of rewards and recognition.

Management excellence is learned, not innate. When you integrate these time-tested tips into your management tool kit, you’ll not only reach your productivity goals sooner, but you’ll also nurture a positive workplace culture. By focusing on becoming a better manager, you will build better work relationships, boost employee happiness, and produce stronger business results.

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Manager and Employees

10 Things a Good Manager Never Does

According to a recent article in The Huffington Post, 3 out of 4 employees report that their manager is the worst and most stressful part of their job, and 50% of employees who don’t feel valued by their boss plan to look for another job in the next year. Don’t lose top talent because of poor management. We’ve compiled the top 10 things that leadership should never do if they want to keep their employees happy and engaged in the workplace.

  1. Pit generations of workers against each other
    In a multi-generational workforce, each generation has something to offer your organization. A good manager connects more experienced older workers with the younger employees to encourage the transfer of knowledge and skills.
  1. Rely only on financial motivators
    Employees want more than money. They want opportunities to learn and grow, to feel like a valuable member of a successful team, and get social recognition as well as financial rewards.
  1. Under-appreciate employees
    Under-appreciated employees are usually unmotivated employees. A good manager uses a variety of techniques to demonstrate employee appreciation, including giving rewards and recognition.
  1. Discourage enthusiastic new hires by neglecting a formal onboarding program
    Recent Aberdeen Group research found that only 32% of companies have a formal onboarding program, with the remaining two-thirds neglecting new hire socialization and acculturation. Implementing a formal onboarding process, including new hire socialization or a “buddy system,” speeds the pace of integration of new employees into a positive organizational culture. According to Aberdeen, “When onboarding goes ‘right’ new hires feel engaged, motivated to perform, and eager to contribute to overall business objectives.”
  1. Ignore employee turnover rates
    CompData surveys for 2015 show a total turnover rate of 16.7% for all industries. If your turnover rate is higher than this, you’ve got a problem that needs to be addressed. A good manager determines the reasons for a high turnover rate and takes steps to increase employee engagement in order to reduce attrition.
  1. Take credit for their employees’ efforts
    Some managers never share the limelight of success. The many benefits of an organization-wide employee recognition platform include the fact that effort and results are made public and employees get the credit they deserve. A good manager should recognize achievements and take shared responsibility for failures.
  1. Expect people to do the impossible
    A Stanford study found that productivity declines sharply when someone works more than 50 hours per week. Giving someone an unreasonable deadline is a setup for failure.
  1. Micromanage employees
    Micromanaging is an outward sign of distrust and a relationship issue. It discourages teamwork and open communication. Good managers challenge employees to be innovative and gives them the right tools to succeed.
  1. Make non-transparent decisions
    Making decisions with a lack of transparency damages the employer-employee relationship by implying a hidden agenda and discouraging collaboration. It reeks of the outdated command-and-control management style. Good managers encourage employee input into decision-making.
  1. Ignore employee career goals
    Most people take a job with the expectation they will have career development opportunities in the form of conversations with peers, formal training, stretch assignments and management feedback. The manager is the link between the employee and opportunities that can build a career. Good managers ensure that link is strong for employee success.

The common thread linking all ten poor managerial practices is the failure to recognize the importance of employee socialization, engagement and recognition. To better understand what it takes to be a best-in-class manager and provide your employees with the support they need to succeed, download the report “The Art of Appreciation: Top-Tier Employee Recognition.”

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Staff Turnover

How to analyze the reasons behind your high staff turnover

Staff turnover can be damaging to your organization, and you can only tackle this problem by identifying and changing its main causes. Below are a few strategies you can use to gather data on why your employees are leaving.

Exit interviews 

A properly conducted exit interview can yield a goldmine of information to help reduce future turnover. To get the most value from this conversation, you need to ensure departing employees feel free to disclose their real reasons for leaving. Problems with managers are a common reason for employees leaving — thus the truism, “People don’t quit jobs, they quit managers” — so it’s always better to have the exit interview conducted by someone who didn’t directly supervise the employee. It’s also useful to interview consultants and contractors at the end of their tenure; they often witness problems while inside an organization.

Survey current employees

The people who currently work for you are experts on the factors most likely to lead to future turnover in your organization. If you can create a forum in which your employees feel safe to express their full opinions, you’ll get access to a lot of the information you need. Anonymous surveys through platforms such as your Achievers instance or Survey Monkey are one good way to assure employees that their criticisms won’t be held against them. Another excellent method of discovering problem areas is to hire an outside consultant to come in and interview employees, alone and in groups.

Read employee reviews of your workplace

Sites such as Glassdoor offer current and past employees the opportunity to review their experience working for your organization. Reading through these honest appraisals is a good way to find out what your employees really think.

Gather the right data

To strategically change your company’s policies, you need to go beyond employee input and make an effort to gather data from the larger marketplace. Here are a few examples.

  • Salary: If employees are leaving for better pay or benefits, exactly how much more are other companies offering?
  • Benefits: Are there essential perks or benefits your employees are chasing, such as better maternity/paternity leave, or better health benefits?
  • Schedule flexibility: What type of flextime or remote work opportunities do your competitors offer? What percentage of their workforce has access to these perks?
  • Company culture: Data can be qualitative as well as quantitative. Are you losing workers to a company that makes them feel more appreciated? Read your competitors’ job postings to see how they present their employer brand, and also read their Glassdoor reviews.

Your employees want you to know how they feel. If you create a safe channel for them to share this information, you can build a strong culture of staff loyalty and reduce the disruption of workforce churn.

Why Employees Quit

4 signs an employee is about to quit

When employees quit, it has a multiplying negative impact: their co-workers may feel over-burdened and discouraged, while the company suffers from a drop in productivity. Furthermore, the expense of recruiting, hiring, and training replacements is substantial. To proactively retain your top talent, it’s important to understand why employees quit and monitor for signs that someone might be ready to leave. Here are the four biggest indicators that one of your employees has started hunting for another job:

  1. Becoming disengaged

A person who sees their future at a different company is less likely to stay closely engaged in their present position. Any significant decrease in an employee’s participation in discussions, a reluctance to sign up for training opportunities, or an avoidance of committing to long-term projects could be a danger sign.

  1. Using personal devices

If you notice your employee suddenly bringing their private laptop to work, or having an unusual number of conversations on their personal cell phone, it’s not usually a good sign. They could be pursuing external job openings, or they could be establishing private working relationships with your clients.

  1. Being quiet about a new educational achievement

Workers who plan to stay with your company will probably loop you in on any extra training or certificates that they want to pursue. They would naturally be interested in whether their new education would promote their career within your company, or whether any of their training costs could be offset. Conversely, if you become aware that someone has completed a degree, received a new certification, or attended a training and they haven’t brought it up with your company, it might mean they’re positioning themselves for a career change.

  1. Changing absentee patterns

One of the most common red flags is when an employee who rarely uses sick days is suddenly developing a cluster of viruses, dental appointments, or other ailments that result in random hours away from work. Likewise, if someone who typically takes all their vacation days at once is now taking them one at a time, you may want to have a conversation with them about how they’re feeling about their work. Don’t accuse employees of faking illnesses or using their vacation time inappropriately; that will be a fast way to alienate people. Rather, use these signs as a reminder that you should be checking in with your employees on a regular basis.

Understanding why employees quit is the first step toward changing their minds. When you notice one of the four listed symptoms, you still have the opportunity to initiate a positive conversation. Once you learn about the person’s plans and reasons for wanting to make a change, you can explore the potential for meeting their needs while retaining them at your company.

Millennial Employee Retention

How to retain millennial employees

While millennial employees are known for being “job hoppers,” this is an oversimplification that does not do justice to the ambition and hard work that they bring to the table. Your younger talent is the key to your organization’s future, so knowing how to retain them is essential. Use these tips to improve the employee retention rates among your millennial workforce:

  1. Offer a larger purpose

Younger workers want to feel that they are making a difference in the larger world. As you assemble the perks you offer, it’s important to go beyond merely material things like bonuses and health benefits (although those are important, too).

Provide the opportunity for your employees to engage in philanthropic activities that express the mission and values of your organization. Your younger workers will identify their own altruistic aspirations with those of your brand and are likelier to feel fulfilled in their position.

  1. Encourage innovative thinking

Young workers are eager to have a voice in shaping the company they join, and you can benefit from their efforts to improve your business process. Tap into this win-win proposition by following LinkedIn’s practice of having teams of employees pitch ideas to executives once each quarter.

Workers whose pitches are accepted have three months to work on their innovation. When millennials feel that their ambitions and ideas are respected, and that they have room to work on passion projects, they’ll be more engaged with the welfare of your business.

  1. Support flexible scheduling

Millennials care about meeting goals and accomplishing projects, not about clocking in and out on a rigid schedule. If your operations can be accomplished with a certain amount of remote work and flexible timing, your company will be much more attractive to young workers. You may find that one employee is most productive after midnight, while another prefers to show up every day at 7 a.m. Customized individual options are one of the key values that millennials are seeking in their workplace.

The millennial generation of workers has a lot to offer, but they are undeniably mobile: a Forbes study found that 91 percent of them expect to move on to a new job in less than three years. You can improve employee retention by understanding what young workers are looking for and making your company the place where they want to put down roots.

Exit Interview Questions

3 things you need to learn from exit interviews

Breakups are tough. This is as true in the workplace as it is in personal life. But employers need to take advantage of these challenging moments to ask departing employees why they’re leaving and try to learn from their responses. By conducting interviews before your employees walk out the door, you can gain valuable insight into the ways that your company might be falling short, and what other companies are doing to poach your talent.

You can find plenty of lists of reasons employees quit (like thisthis, or this), but you won’t know which reasons apply to your business unless you ask. Then, use the information to improve the environment for the employees who remain. Be sure to ask departing employees these exit interview questions:

  1. Why are you leaving? Departing employees are dissatisfied about something: the salary, the nature of the work, how they were treated by their manager, or something else. Don’t be satisfied with an answer like, “I want more challenge.” Ask follow-up questions to understand exactly what they mean. The more specific information you get, the better you can address those issues.
  2. What did you like about your job here? Hopefully, there was something employees liked about their jobs. Learning the positives is as important as learning the negatives so you know what you shouldn’t change about the work environment. If your company is considering changing some policies, ask departing employees their opinions of the proposed changes before you implement them.
  3. Did you have the resources you needed to do your job? Employees can’t work effectively without the right tools, but budget-conscious departments sometimes scrimp on spending. Companies need to invest in the resources employees need to get the job done. These resources can include training as well as software, office supplies, and support staff. When employees don’t feel they have the needed resources, they don’t feel the company is committed to their success.

Don’t try to use an exit interview to change employees’ minds about leaving. It’s usually too late, and even if you somehow persuade them to give you a second chance, the problems that they experienced before might persist. Instead, use the conversation to help improve the way you treat the rest of your staff. If you really listen to the feedback, asking exit interview questions should become a less common event.

Employee Turnover

How to weatherproof your company against job-hopping employees

Every business experiences turnover. Even engaged employees will move on from jobs they’ve loved for new opportunities, personal or professional. Millennials are some of the biggest culprits when it comes to rapid turnover. Forbes reports that most employees stay in their jobs about 4.4 years, but millennials expect to change jobs in fewer than three years.

Much of the reason for this is economics; millennials graduated in a tough economy and many take short-term internships and jobs that don’t use all their skills in order to earn an income. They hop to new jobs in an effort to move up the career ladder and in search of career fulfillment.

Companies need to protect themselves from the inevitability of employee turnover. Without a strategy in place, keeping operations running smoothly can be a struggle. There may be gaps in the knowledge needed to complete a project, and remaining employees often have to pick up extra work to cover for the departed employee, which can lead to lower morale. Make sure your plan covers knowledge transfer, staffing issues, and administrative tasks.

Knowledge transfer

Don’t allow one employee to be the only person who knows how to perform a crucial business function. Instead, make cross-training a part of your normal business process. The plan and associated documentation for every project should be online in a shared folder so others can access it.

No matter how much you’ve documented during normal operations, make sure knowledge transfer is a major part of departing employees’ final weeks on the job. Review the projects they’re currently working on, and schedule sessions to train other employees to pick up those responsibilities.

Staffing issues

Begin thinking about how to replace departing employees as soon as possible. Prepare standard job descriptions in advance, but remember that it’s sometimes quickest and cheapest to replace an employee with an internal transfer, so spread the word about any openings among colleagues in other departments.

Administrative tasks

Don’t forget to perform administrative tasks that are important for security. Make sure the employee returns all company-issued devices, such as laptops and cell phones. If you allow access to corporate systems from personal devices, you should be able to remotely wipe company files. Have a process for disabling the employee’s access to email and other business applications.

Exit interviews

Human resources should conduct an exit interview with employees before their last day. Departing employees can offer valuable insight that helps you improve the environment for employees who remain. If you handle this well, a departing employee can actually benefit your business.

Executive Onboarding

3 high-powered onboarding tips for new executives

The cost of losing an employee at any level is significant. Losing an entry-level employee can cost you up to half their salary, but losing a senior level executive can cost more than 400 percent of their salary.

Those are just the direct turnover costs. When you lose executives, there are other costs to the company, including loss of momentum and sometimes damage to the company’s reputation. That’s why companies invest so much time in the executive search process. Despite all that effort, 40 percent of executives who take a new position fail during their first 18 months in the job.

A strong executive onboarding program can help reduce that risk of failure. Many companies have a standard onboarding program for employees that focuses on administrative matters, such as providing information about healthcare, 401K programs, and computer passwords. While those tasks need to be handled, they don’t meet the special needs of executives, whose work relies on relationships moreso than software.

An effective executive onboarding program needs to establish the new executive’s authority, provide an understanding of the organization’s culture, establish key stakeholder relationships, and clarify expectations and priorities. This requires an onboarding process that extends over weeks or months and provides the executive with the following:

  1. A customized overview of the organization

Onboarding should provide the executive a customized, in-depth review of the teams they’ll need to work with and the challenges they’ll need to address. This should be tailored to the department the executive will be responsible for and the issues they will be tackling.

  1. A detailed review of stakeholders

Stakeholders aren’t always obvious from an official organization chart. New executives need to understand exactly who has input into decision-making and the informal processes through which policies are discussed and consensus reached. Because management’s decisions succeed or fail based on how well lower-level employees carry them out, the new executive also needs insight into how those workers feel about the organization, their work, and the current processes.

  1. A statement of expectations

No executives can succeed when it isn’t clear what they are expected to do. Organizations should provide new executives with clear priorities, along with the metrics that will be used to measure success. Those guidelines let the new executive know where to focus his or her efforts and how to track progress.

Along with that information, new executives need a defined process that provides ongoing support for success. There should be a partnership between the new executive, management, and HR to make sure he or she gets the information needed to succeed, whether it’s day one or day 100 on the job.

Employee Recognition

Why you need to celebrate employee milestones

As a manager, you’re aware that it’s important to give employees everyday recognition, praise, and feedback. You’ll do a better job of effectively delivering this recognition, however, if you understand the reasons behind it. Here are three primary effects you’ll experience from building employee recognition into your daily workplace culture:

  • Better morale: Acknowledging the hard work and dedication that employees invest in your company is a good way to give them “a sense of ownership and belonging,” according to HR Council. They’re more likely to have the motivation to go above and beyond on the next project if they know their efforts will be noticed.
  • Greater employee retention: As HR.com points out, this isn’t rocket science – employees who are recognized are more likely to be engaged, and engaged employees equal higher retention rates. On the flip side, employee turnover can be a huge expense for your company and can damage your customer’s experience with your brand.
  • Higher productivity: After surveying more than 4 million employees in 10,000 business units, the Gallup Organization states unequivocally that individuals who receive regular recognition and praise increase their individual productivity.

Options for employee recognition

In addition to ongoing recognition and feedback, HR and managers need to develop special ways to celebrate bigger milestones. When your workers meet their goals, achieve a professional accomplishment such as a new certification, earn a promotion, or even hit their annual anniversary, there are a variety of unique ways that you can mark their special occasion. These are a few popular reward and recognition ideas that go beyond everyday praise:

  • Free lunch
  • Gift card or financial bonus
  • “Free” time off
  • New electronics like an upgraded smartphone, tablet, or laptop
  • All-expenses-paid vacation
  • Special award or bonus points
  • A public, company-wide ecard

Recognizing your employees will pay off

When you acknowledge the contributions your employees make and create an encouraging workplace culture, you’re laying the foundation for your future business success. Gallup’s Business Journal estimates that “22 million workers (in the United States alone) are extremely negative or ‘actively disengaged.” This disaffection ends up costing the U.S. economy up to $300 billion in lost productivity every year, not including associated absences, injuries, and employee turnover. Take the time to invest in your employees’ sense of meaning, pride, and emotional health – the investment could pay back in the form of better productivity and retention.

Employee Retention Raise

How to retain your best employees when you can’t afford to give them a raise

When employees have done great work, they expect some form of acknowledgment. In a competitive marketplace where your top talent always has their eye on the next stepping stone in their career, your organization must win employee loyalty through tangible appreciation. Budgetary constraints can be relentless, however, and often prevent appreciative managers from offering a raise. If you find yourself seeking creative ways to increase employee retention and reward exceptional worker effort, here are a few useful points to keep in mind.

Salary isn’t the key factor in engagement

Traditional business wisdom tends to equate employee rewards with raises and annual bonuses, but in today’s workplace, researchers have found that compensation levels don’t always have a strong effect on employee motivation. Harvard Business Review (HBR) points out that rewarding good performance with raises isn’t the most effective way of engaging your workforce. As a matter of fact, a number of studies have found that simply increasing a worker’s annual income level can actually demotivate them. The HBR authors write, “The more people focus on their salaries, the less they will focus on satisfying their intellectual curiosity, learning new skills, or having fun, and those are the very things that make people perform best.” As the study suggests, human beings thrive when they have the chance to develop their knowledge and abilities.

Recognition is a natural human need

Social connections are essential to people’s well-being; CNN cites a study in which employees state that they would sacrifice up to $30,000 in salary in favor of receiving high praise at work. Autonomy and control over work projects are also identified as key factors in employee well-being, according to research by a neuroscientist and an executive coach published in Forbes. A change in title is another way to express recognition for an employee’s outstanding contribution.

Flexibility is coveted

In addition to their desire for greater personal autonomy over the completion of work projects, today’s employees struggle to balance work commitments with the demands of personal lives. If you reward your employees’ best efforts with flexible work arrangements (FWAs), you’ll enhance your employer brand. An extensive study by the Society for Human Resource Management states that “Ninety-one percent of HR professionals believe implementation of formal FWAs had a positive impact on employee morale (job satisfaction and engagement).”

The success of your organization depends on attracting and retaining highly competent workers. Rewarding your top-tier talent with recognition, autonomy, flexibility and further training opportunities will strengthen your employer brand and build a profitable future for your company.

Employee Recognition

Trend alert: Employee recognition is hot and lapel pins are not

We hate to be the one to tell you this, but a lot of employees think sporting a company lapel pin is about as “in” as wearing socks with sandals. There are much better ways to reward your employees and reinforce your brand besides just handing out tchotchkes.

Companies today are getting extremely competitive when it comes to culture and perks. Does your employee engagement strategy reflect what employees truly want and even expect from their employers?

What’s out? Passé trends include:

  • Ad hoc and disconnected recognition
  • Hierarchy
  • Annual or semi-annual feedback & bonuses

What’s on-trend today is:

  • Collaboration and bottom-up communication
  • Cross-team recognition
  • Tailored but fair rewards

Modern recognition strategies are necessary to win in today’s competitive business landscape, and these strategies must be transparent and advanced – just like the modern workplace. Evolving your engagement strategy reaches beyond what’s “on-trend” and extends to the bottom line. We curated this list of ten reasons why you need to replace the lapel pins with real-time recognition:

  1. Create better shareholder value.
    Recognized employees will work harder to satisfy your customers, which has a direct effect on your organization’s stakeholders.
  2. Align employees with business objectives.
    This reinforces the right behaviors and makes recognition more purposeful.
  3. Get employees engaged.
    Recognition solidifies employees’ emotional connection with your company.
  4. Celebrate individual accomplishments.
    While team recognition is important, employees want to feel that they have made an impact at an individual level too.
  5. Employees will work harder.
    80 percent of employees said recognition is a strong motivator of work performance.
  6. Maximize retention rates.
    Engaged employees are 87 percent less likely to leave their organizations.
  7. Leverage your greatest resource.
    Recognition is the easiest and most meaningful way to motivate your people.
  8. Become more productive and profitable.
    Organizations with high engagement rates are 78 percent more productive and 40 percent more profitable than organizations with low engagement levels.
  9. Develop your future leaders and motivate them to stay.
    Engaged employees perform 20 percent better.
  10. Reinforce positive behaviors.

When great work is recognized, it’s repeated.

Wonder what other recognition styles are in this season? Download The Ultimate Guide to Employee Recognition to find out!

Employee Recognition

Revamp your employee recognition strategy to drive results

Ultimate Guide to Employee Recognition

Everyone likes to know that people around them notice and appreciate them.

This applies to the workplace too. We often hear organizations say that their number-one asset is their people. Considering this, businesses should be concerned that only 49 percent of North American employees are happy at work. According to WorldatWork, 89 percent of organizations report that they have some type of recognition system in place, but with these staggeringly low employee engagement rates, it’s clear that these programs are far from effective.

It’s not simply a matter of sending out thank-you cards; organizations need to ensure that their employee recognition program is planned and executed to deliver certain results. Here are some tips:

  1.       Start at the beginning

If you were renovating a house, you wouldn’t begin painting until you had finished drawing the floor plan, framing the walls, and hanging the drywall. It’s important to take the same approach with creating a meaningful employee recognition strategy. If you don’t start by creating an employee retention plan that will work at your company, all of the other employee engagement efforts will go to waste. Try administering a baseline employee engagement survey. This will give you insight into what’s working and what isn’t. Determine where your employee engagement levels stand today, and then create reasonable timelines and benchmarks for growth.

  1.       Ask, “What’s the point?”

Once you’ve determined where you currently stand, you can create goals. Why do you want to improve your employee recognition program? Do you want to improve employee retention, or align global employees with a common goal? Maybe you want to foster team spirit and collaboration. Whatever your goals are, they need to be defined so that you can build a program that centers on fulfilling these objectives.

  1.       Look at the big picture

In order for the program to run smoothly between departments and deliver the intended results, recognition needs to be tied in with compensation and benefits, performance management, rewards, career development, employee engagement and alignment, and retention and recruiting.

  1.       Go mobile

People are doing more and more on their mobile devices, and they expect to be able to use their phones and tablets for work. Your recognition program needs to be accessible to employees on the field, telecommuters, and even your global workforce. If you use a software platform to manage rewards and recognition, ensure that you have a cloud-based, mobile-friendly solution.

Whatever your needs are, it’s important to start with objectives and execute on a plan that’s sure to deliver results. A cohesive strategy for employee recognition will result in greater engagement, higher retention, better customer service, and a company-wide culture of recognition and success.

Want to know more about creating an employee recognition program? Download The Ultimate Guide to Employee Recognition.