Providing constructive feedback to employees not only helps improve their performance but it can also help a manager think about how they work and self-evaluate themselves to access where they may need improvement. When implemented correctly, constructive criticism can be a very effective tool for management. It can help organizations improve their productivity and is beneficial to the relationships between management and their
As an employee being professional can allow for you to have a positive work environment and put you in the position for possible promotions. As a company having professional employees can bring in more customers and higher rating which will in return bring in more money. How can being a good listener demonstrate professionalism? When you are a good listener you are actively engaging in a conversation. This is important because it helps build a good rapport with customers.
The individual with have greater confidence and resilience to deal with any problems that occur along the way. Not only does it have benefits to the individual, but also to the organisation. It allows the organisa-tion to gain a better understanding of the individuals goals, strengths and development needs. It helps managers/supervisors develop their own coaching and management skills (which would be part of their own development plan). Overall, it will increase productivity in the workplace due to clearer objectives and better skills learnt and the organisation can keep track of employee perfor-mance.
For this purpose, a research will be carried out to analyse how employee retention is managed at….company….and what is being done to constantly motivate employees and encourage them to stay in the organisation. Furthermore, through various research, we will be able to identify the different methods that the organisation uses in order to reward its employees and what strategies it uses so as to retain its talented people. Moreover, retention related problems within the organisation will be also be analyzed in depth. Hence, based on this analysis, it will be easier to recommend the organisation about how it might achieve in retaining its current employees and attract the most talented people in the competitive labour market. Therefore in this research, we shall observe whether the …..company... is taking appropriate actions to retain their employees, how they are doing it and whether the strategies used are coherent with what employees need and value the most.
Introduction- Generational Theory is a theory of social history that describes and explains changes in public attitudes over time. Generation is defined as people that are grouped within a certain range of ages, location they live, and significant life events they experienced at critical developmental stages. Generational shift is playing a major role in shaping the future of the workplace. Skilled and talented young employees have more employment choices and consequently gaining a deep understanding of their values, attitudes, and behaviors. The most common factors that drive young knowledge workers to leave for another job are: more challenging work, better location, better working relationship with their supervisors, and higher salary.
Employee voice An effective employee voice which listens to employees and involves and consults them in decision-making within your business is important. Integrity Integrity with employee engagement means practising what you preach. There shouldn 't be a gap between what the people in your business say and what they do. An employee’s discretionary effort results in the Engagement-Profit chain. Because they care more, they are more productive, give better service, and even stay in their jobs longer.
This can be done by being aware of the skills already in the current workforce and using them appropriately, promoting from within and having equal opportunities for training and development for all existing staff to meet the potential needs of a business. By developing a well-trained and flexible workforce, it will contribute to the organisations ability to adapt to a changing environment. This will make staff more motivated in their work, which will improve the quality of service or product offered by the organisation, which will all contribute to the future of the business and also importantly increase profits. This will also retain people as they would be assisting in the career goals for staff. It would also make the organisation more attractive to potential employees if external recruitment is needed, by having an internal development plan.
Also group cohesiveness can be strengthened by the successfulness of the teams work. Importance of Teamwork in Business Teamwork is important as the completions of tasks are made easier with the combination of each individual’s skills, ideas and perspectives. More informed decisions are made and it is easier to solve problems Organisations want their employees to be committed to their jobs, by creating work teams. Group membership can encourage commitment and also satisfy the individual needs off each employee. Working on a project with other group members is a good way of improving skills and knowledge.
Compensation of employees and job satisfaction are one of the means that organisations can use to ensure employee retention. Compensation such as bonuses, owning shares in the organisation and adequate salaries. The competence of the salary package can be a competition factor for employees in the labour market. The package can be a combination of salaries, shares and bonuses. Job satisfaction allows employee’s autonomy, decision making and more involvement in the jobs that their job functions.
Organisation The use of a performance management system can allow the organisation to align employee goals with organisational priorities to maximise the benefit from the employee. It can also encourage development of employees in the organisation on a more proactive level. Open discussions are more likely to occur between employee and manager which is a communication benefit and finally, the implementation of a good performance management system can increase the likelihood of effective performance reviews and more relevant outcomes for the