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5 New Years Resolutions that will have a positive impact on your business

04 Jan 2016
Most of us will have been thinking about personal new year resolutions in the last week or two, but now we’re all back at work and making plans for 2016, we’ve suggested five new years resolutions for employers that if kept, will have a positive impact on your business this year.

Limit out of hours communications

Just about everyone is contactable all of the time these days. Often it’s hard to ignore those emails and messages when they come in, even if it can wait until Monday morning. As an employer or manager, think about how sending emails out of hours might affect the recipient. If you don’t require an immediate response but just want to tick it off your ‘things to do’ list, consider setting up a time delay or create a draft to send early the next working day instead. Employers who make a point of limiting intrusions into employees’ personal time will have a greater chance of attracting and retaining good employees who want to be able to leave their jobs at the office.

Encourage your people to take time off

Many employees don’t use up all their annual leave entitlement. This may be because a heavy workload makes it difficult for them to take time off, or because their manager or workplace culture implies that taking leave is a problem. Having a positive culture of work-life balance together with happy, refreshed employees is more productive and will prevent stress, so you’ll be more likely to have a stronger, motivated staff in the long run.

Increase your training and development budget

When budgets are cut, it’s often training and development that takes a hit. If this applies to your organisation, it will inevitably impact on the ability of your employees to produce results and stay up to date with industry and business progress if they’re not getting the training and professional development they need. Make 2016 a year in which you invest in your employees and you will receive return on that investment in the long-term.

Look at your reward and recognition policies

If your reward and recognition policy is not perceived to be transparent and/or fair, it won’t attract, retain and engage employees. In particular, research shows that bonus and salary rewards are strongly related to employee attitudes including job satisfaction and intention to move jobs as well as impacting on behaviour such as absenteeism and individual performance. Make a point of examining how perks and benefits are distributed and consider separating pay and performance rewards in peoples’ minds by communicating to your team throughout the year for their good performance and recognising and rewarding them appropriately in the moment.

Tackle performance issues effectively

Leaders and Managers are often tempted to take credit for what their top performers achieve, but the real measure is how they handle people who aren’t performing so well. As a manager, you should measure your own performance by the lowest performer on your team. Many managers are scared of having tough conversations with their team, often through lack of proper management training. Developing people through coaching and creating accountability within your team is crucial to managing a high-performing team.

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INSPIRING Business Performance provides practical advice, business information tools and training programmes for organisations who want to improve employee engagement, develop their leaders and managers or look at organisational development. For more information or to arrange a free consultation, call us on 0800 612 3098 or get in touch using the enquiry form on the left.

 

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