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What Are Flexible Work Arrangements?Flexible work arrangements are policies, practices or informal arrangements that allow employees to have greater flexibility and control over when, where and how they work. Let’s look at whether they fit your company’s needs…Flexible arrangements move away from the traditional 9-to-5, office-bound schedule to better accommodate employees’ real-life situations and work […]
All work and no life leads to burnout and high turnover. After studying work-life balance for over 20 years, I’ve seen firsthand how critical it is to employee wellbeing, corporate stability, and business results. But what does balance really mean, and how does it impact turnover? Work-life balance is about creating sustainable lifestyle rhythms, not […]
Gamification: The Secret to Engaging and Motivating Employees In my previous article, I explored how incentives drive employee behaviors. An emerging technique called “gamification” leverages gaming mechanics to incentivize engagement, productivity, and learning in the workplace. As games motivate players to gain skills, badges, and rewards, gamified work systems can powerfully motivate employees.Decades of gaming […]
By: Don McDermott, D.G. McDermott AssociatesToday, staying abreast of the latest compensation strategies is critical to retaining talent and reaching your organization’s strategic goals. These ten trends are your roadmap to ensuring your compensation planning remains competitive and aligned with your business strategies and the needs of your workforce. 1. Pay Equity and Diversity The […]
Plainly put: you can stop employee turnover and attrition with on-purpose recognition. Recognizing achievements fosters engagement and loyalty. Employee recognition goes far beyond the occasional gift card or plaque. Authentic appreciation that rewards magnificent work should be intrinsic to company culture. Recognition boils down to providing incentives. The key to nailing it is know what […]
The saying “people join companies but leave managers” has many applications and often rings true. Toxic managers destroy morale, performance and retention. A toxic worksite refers to a workplace environment where there is a negative or hostile organizational culture fueled by disrespect, mistrust, discrimination, harassment, bullying, and other unethical behaviors. This leads to high levels […]
Empowered employees drive innovation and have higher satisfaction and commitment. Many of the things we have already discussed will add to employee empowerment. Here is a concise how-to with tips on letting your employees take the reigns in order to grow your bottom line. All the while, raising retention rates and elevating the company’s culture. […]
If you are reading this and you have achieved a leadership role, then you have already been on both sides of the desk as an employee and executive. The key to being a great boss is simple: treat your team how you would want to be treated yourself. As employees, we all desire growth opportunities, […]
Related to and stemming from transparency is honesty. Employees stay when they see honesty and integrity as company values. Lack of trust in leadership severely damages retention. Telltale signs that your practices are creating a trust gap include: Policy changes or decisions made without explanation Perks taken away without reason or input Pay or […]
Transparency and open communication drive employee retention and company success. Time and again, secrecy sparks rumors, distrust, and turnover, while transparency drives understanding and buy-in. Employees who see openness as a core company value are 31% more likely to stay long-term. I have seen it over and over in my long career. And I have […]