SmartMoves! - Blog

Posted by Jaylyn Schumpert on Mon, May 07, 2012

Do you know what is important to your prospective and current employees? Do you work hard to meet those needs? If you answered yes to both questions, then you probably have a low employee turnover rate. However, this is not the case for all employers and many companies struggle with the issue of employee turnover.

The average employee tenure at a company is approximately 4 years. This is barely enough, or not enough, time for a company to fully recoup hiring and training costs. Companies cannot eliminate turnover; however, there are some items to consider when trying to retain quality people.

The following are 6 steps that an employer can take to attract and retain top talent:

1) Evaluate Your Managers

Measure employee turnover by manager; this pinpoints the real problem. Poor managers cancel out all the good things that employers do to attract and retain the right people. Once the problem managers have been identified, help them! Use assessments or other tools to discover what these managers are doing to drive employees away and then provide training to develop them into better leaders. Good management is crucial to employee retention.

2) Create a Recognition Culture

Give your managers the responsibility for seeking out ways that employees go above and beyond. Create awards for excellent performance; this gives everyone an opportunity to be in the spotlight for doing a good job. Great examples of employee recognition include: thank you notes, employee of the month awards, newsletter recognition, service awards, etc. Positive recognition will lead to a more productive work environment.

3) Create a Healthy Work Environment

Create an environment where positive recognition seems normal. In order to achieve this there must be open communication, an attitude of cooperation, and an atmosphere of trust. Communicate with your employees; let them know where the company is going, how it plans to get there, how their jobs play a part in the grand scheme of things, and why they are the key to your success. Look for ways to show that you are willing to meet them halfway in balancing their personal and professional lives- flexible hours, childcare facilities, birthday leave, etc. Last, but definitely not least, trust your employees. If you want people to trust you, then you have to trust them. Give people a good reputation to live up to and they won’t let you down.

4) Create an Atmosphere of Continual Self-Improvement

Today’s job candidates want the opportunity to develop themselves and to continually polish their skills, abilities, and experience. Invest heavily in training and employee development and encourage employees to take advantage of the programs offered. Give everyone access to training that will enhance their self-esteem, their value, and their skills. Prove to your employees that there is no reason to leave when they can receive training and development from within the organization.

5) Put Your Best Foot Forward

This next statement may definitely throw some employers for a loop; pay employees as much salary and provide as many benefits as you can afford from day one. The goal is to reduce turnover and retain the right people, so if you scale back the initial offer by 15%, will the savings be enough to retain the employee when another company offers more money? Probably not. Put your best foot forward from the start and let everyone know that you are paying as much as you can afford for each position. As a person moves up the ladder, their pay should be adjusted accordingly. Know what each job is worth, and pay it early.

6) Match People to Jobs

Ensure people are matched to their jobs in terms of their abilities, interests, and personalities. When people are placed in positions where job demand and abilities match, where job stimulation and interest match, and where cultural demands and personalities match, turnover decreases and productivity increases. Employers can use assessments to determine the requirements of each position in terms of abilities, interests, and personalities and then use the information to match people to jobs where they will excel.

In most cases we want the quick, easy, and inexpensive fix, but unfortunately that is not always possible. Attracting and retaining the highest quality people may take time, effort, and money. By applying the 6 steps from above, companies can eliminate a large percentage of why people leave and keep the people that are essential to their success.


Do you remember your first day of school? That moment
standing at the bus stop, lunch box in hand, waving your mother good-bye, and your heart beating faster than ever. Well starting at a new job feels the same way. We’ve all been there – dressed in your finest business attire with butterflies in your stomach as you enter through the doors of a brand new job. But did you know it’s estimated that 45% of new-hires fail within 18 months?

That’s why investing in a welcoming and structured onboarding process will help reduce such turnover and increase new-hire effectiveness. An effective onboarding process isn’t just a routine checklist; it should be a comprehensive
process that makes the new employee feel comfortable and acquainted. When a
new-hire anxiously walks in the door, they need an extra boost of confidence –
and a structured, friendly introduction will help. A successful onboard leads to
a successful organization! Here are five factors your onboarding process should
have:

1. Team involvement. Onboarding a new employee should involve the
entire team. It’s not just the HR department or the hiring manager’s concern,
but all team members should be involved in welcoming new hires. Taking new
employees to lunch or assigning a mentor will help build relationships and show
the newbie that the company values them.

2. Consistent structure. Whether you’re onboarding a new secretary,
associate or top manager, the process needs to be consistent for all employees
and reflect the company values. A set structure helps the employee as well as
the team and administration. Remember, it’s all about making the transition as
smooth as possible.

3. Prepared desk and equipment. In addition to structure, make sure
that everything – from the desk, office supplies, security badges, computer
passwords, phone numbers and access keys – are prepared for the new hire. You
want them to feel at home!

4. Information. The most important part of the onboarding process is
making sure the new employee has access to all the information they need to
succeed in their position and know the company. It’s a good idea to set up
meetings with subject-matter experts so the new employee can grasp the
organization’s goals, policies and practices.

5. Check-ups. The onboarding process doesn’t stop after the first day
or the first week. It’s important to have regular “check-ups” with your new
employee, ensuring they are comfortable and offering them the support they need
to be successful.

At the end of the day, the onboarding process is the employee’s first
impression of the company culture and it should introduce the organization
values. Now that you have a successful onboarding process in place, it’s time to
focus on training and developing these new employees to succeed! Call us to access a free report
“Training and Developing Employees to Succeed”. 415-456-1990 or email us at assess@smartmovesinc.com


from the book BRILLIANT MISTAKES | Paul J. H. Schoemaker, excerpted in Inc Magazine Mar 20, 2012

You’re the boss, but you still spend too much time on the day-to-day.

Here’s how to become the strategic leader your company needs.

shutterstock images

In the beginning, there was just you and your partners. You did every job. You coded, you met with investors, you emptied the trash and phoned in the midnight pizza. Now you have others to do all that and it’s time for you to “be strategic.”

Whatever that means.

If you find yourself resisting “being strategic,” because it sounds like a fast track to irrelevance, or vaguely like an excuse to slack off, you’re not alone. Every leader’s temptation is to deal with what’s directly in front, because it always seems more urgent and concrete. Unfortunately, if you do that, you put your company at risk. While you concentrate on steering around potholes, you’ll miss windfall opportunities, not to mention any signals that the road you’re on is leading off a cliff.

This is a tough job, make no mistake. “We need strategic leaders!” is a pretty constant refrain at every company, large and small. One reason the job is so tough: no one really understands what it entails. It’s hard to be a strategic leader if you don’t know what strategic leaders are supposed to do.

After two decades of advising organizations large and small, my colleagues and I have formed a clear idea of what’s required of you in this role. Adaptive strategic leaders — the kind who thrive in today’s uncertain environment – do six things well:

Anticipate

Most of the focus at most companies is on what’s directly ahead. The leaders lack “peripheral vision.” This can leave your company vulnerable to rivals who detect and act on ambiguous signals. To anticipate well, you must:

  • Look for game-changing information at the periphery of your industry
  • Search beyond the current boundaries of your business
  • Build wide external networks to help you scan the horizon better

Think Critically

“Conventional wisdom” opens you to fewer raised eyebrows and second guessing. But if you swallow every management fad, herdlike belief, and safe opinion at face value, your company loses all competitive advantage. Critical thinkers question everything. To master this skill you must force yourself to:

  • Reframe problems to get to the bottom of things, in terms of root causes
  • Challenge current beliefs and mindsets, including your own
  • Uncover hypocrisy, manipulation, and bias in organizational decisions

Interpret

Ambiguity is unsettling. Faced with it, the temptation is to reach for a fast (and potentially wrongheaded) solution.  A good strategic leader holds steady, synthesizing information from many sources before developing a viewpoint. To get good at this, you have to:

  • Seek patterns in multiple sources of data
  • Encourage others to do the same
  • Question prevailing assumptions and test multiple hypotheses simultaneously

Decide

Many leaders fall prey to “analysis paralysis.” You have to develop processes and enforce them, so that you arrive at a “good enough” position. To do that well, you have to:

  • Carefully frame the decision to get to the crux of the matter
  • Balance speed, rigor, quality and agility. Leave perfection to higher powers
  • Take a stand even with incomplete information and amid diverse views

Align

Total consensus is rare. A strategic leader must foster open dialogue, build trust and engage key stakeholders, especially when views diverge.  To pull that off, you need to:

  • Understand what drives other people’s agendas, including what remains hidden
  • Bring tough issues to the surface, even when it’s uncomfortable
  • Assess risk tolerance and follow through to build the necessary support

Learn

As your company grows, honest feedback is harder and harder to come by.  You have to do what you can to keep it coming. This is crucial because success and failure–especially failure–are valuable sources of organizational learning.  Here’s what you need to do:

  • Encourage and exemplify honest, rigorous debriefs to extract lessons
  • Shift course quickly if you realize you’re off track
  • Celebrate both success and (well-intentioned) failures that provide insight

Do you have what it takes?

Obviously, this is a daunting list of tasks, and frankly, no one is born a black belt in all these different skills. But they can be taught and whatever gaps exist in your skill set can be filled in. You can begin by getting feedback from your peers and direct reports.  Be willing to listen to their perceptions and assuming they have your best interest at heart, acknowledge their input and take the necessary action to improve your strategic thinking.


Top 10 Reasons Boiled Down to 1

Erika Anderson, a contributor at Forbes writes about Eric Jackson, a fellow blogger that she follows and finds both funny and astute. Eric wrote a really spot-on post last month about why top talent leaves large (and small) corporations. He offered ten reasons, all of which I agreed with – and all of which I’ve seen played out again and again, over the course of 25 years of coaching and consulting.  The post was wildly popular – over 1.5 million views at this writing.

So why do we find this topic so interesting?  I suspect it’s because we’re genuinely curious: What would make a very senior executive – someone who most certainly has been courted by his or her organization and then paid huge sums of money to join – decide to pack it in?  Is it greed (an even richer offer down the street)?  Hubris? Short attention span?  Or do 1%ers actually leave jobs for the same reasons  as the average Joe or Josie?

According to Jackson (and, again, I agree with him) top talent does indeed leave for the same reasons everyone else does.  If I were to distill his ‘top ten reasons’ down to one, it’s this:

Top talent leave an organization when they’re badly managed and the organization is confusing and uninspiring.

About half of Eric’s ten reasons are about poor people management – either systemically, as in poor performance feedback, or individually, as in, my boss sucks.  And the other half are about organizational lameness: shifting priorities, no vision, close-mindedness.

It really is that simple. Not easy, mind you, but remarkably simple. If you want to keep your best people:

1) Create an organization where those who manage others are hired for their ability to manage well, supported  to get even better at managing, and held accountable and rewarded for doing so.

2) Then be clear about what you’re trying to accomplish as an organization – not only in terms of financial goals, but in a more three-dimensional way. What’s your purpose; what do you aspire to bring to the world? What kind of a culture do you want to create in order to do that?  What will the organization look, feel and sound like if you’re embodying that mission and culture?  How will you measure success?  And then, once you’ve clarified your hoped-for future, consistently focus on keeping that vision top of mind and working together to achieve it.

I’ve worked with client organizations that do those two things, and people stay and thrive.  I’ve worked with and observed client organizations that don’t – and it’s a revolving door.  And that’s true at all levels – not just for “top talent.”

It’s fascinating to me: Why don’t more CEOs and their teams make sure these two things happen in their organizations?  What do you think?

The 7 Habits of Spectacularly Unsuccessful Executives Eric Jackson Eric Jackson Contributor


Jeffrey Meyers researched and edited this
article.

One analogy for managing talent and optimizing job fit could be that of a car’s gears: you can’t have everyone operating only in low/first gear or high/fifth gear (and you certainly don’t want them going in reverse!). But perhaps a better analogy I recently heard described a team by saying “We need less ‘deer in the headlights’ and more ‘eye of the tiger.’” It paints a vivid picture and makes you wonder which animal your staff resembles more.
When you think about your employees, you might subconsciously categorize them into performance groups of stellar, subpar, and those in the middle. Some are outgoing and aggressive (i.e., tigers), while others leave you wondering how much they “get it” and are they more trouble than the value they add (i.e., deer)
Optimizing talent in your organization is an important goal that is likely
ever changing. The types of people you hire, develop, and promote should
represent different skill sets, backgrounds, and levels of expertise in order to
fulfill the various roles that make up a company.
You can’t have all tigers or all deer. A healthy organization has the right
people in the right roles:
  • Tigers are aggressive and focused on their goal. They are predators and don’t hesitate to target, stalk, and attack their prey. They are lean and muscular, not bulky or clumsy. They are territorial yet also sociable.
  • Deer are more placid, timid, and easily spooked. They are typically
    non-threatening, although they can do serious damage if you run into one, or if they stumble into an unfamiliar environment. However, be careful not to prejudge this group too quickly, for the antlers on large bucks are reminders of their experience, wisdom, and grandeur.
When I think of the phrase “eye of the tiger,” my mind first recalls the
stirring theme song by Survivor from Rocky III. (Guess I’m showing my
age there.) Central to the plot of that movie was a former adversary helping
Rocky to rekindle the fire inside, find his aggression, and the will to fight.
To do that, he needed the eye of the tiger. If you can look past the wardrobe
from the post-disco era, the message is very timeless and relevant to managing
talent.
Aggressive sales people epitomize tigers in business, although they can be
found across all functions throughout an organization. These people are
generally forward thinking and extremely achievement-oriented. While they will certainly help you reach your targets, they can also be difficult to rein in at times and control. Unless yours is a sales organization, you’d likely not want an organization made up exclusively of tigers – they administrative tasks and mundane work would likely suffer.
Conversely, when you think of “deer in the headlights,” that startled gaze
makes you worry that the person doesn’t know what they’re doing or aren’t up to the task. Try to assess whether they need extra coaching, training, or mentoring to do the job. If the goal was a stretch, then this could be a reasonable learning experience. But if you’ve hired someone you thought was a good candidate, only to find they’re not as qualified as the interview process led you to believe, then this is a good case for using assessments
to improve the likelihood of success of your new hires. The same could be said of promotions and other job moves.
Four Factors for Getting from Deer in the Headlights to Eye of the
Tiger
What can you do with an existing employee who loses confidence or looks like a deer in the headlights? Here are four factors that can contribute to the
effect as well as resolve it:
  • Skill Level: Does the person possess the right technical skills,
    experience, and critical thinking to be able to perform the job successfully?
    Can they be trained to learn, or are they so far over their head that finding them a new role (or firing them) is the better option?
  • Job Fit: Did you take a successful individual performer and move them prematurely into a managerial or supervisory role? Is the person talented, but outside their level of capability?
  • Communication: Message sent does not equal message received. How clearly was the assignment communicated and explained? Is this a new task in which all are finding their way, or are there examples to reference or incumbents to consult for getting back on track?
  • Manager Effectiveness: When you see your employees struggling, don’t be quick to blame them. Consider how effectively you have assigned tasks (are their gaps or overlaps among employees?), communicated the job (what might sound
    simple to you might not be to them) and how it fits in with the objectives of the department and company. Have you issued conflicting directives?
Beyond these factors, it is also possible that the person is suffering from
other non-work-related issues that have caused them to lose focus. This is where an open culture of dialogue can greatly benefit both the employee and
organization. Try talking to the person in a non-threatening way to determine the root of the problem and see if can be easily corrected. If the problem persists, document the steps you’ve taken and set performance goals to be met or used as grounds for dismissal.

Management Tip: See Yourself Through the Eyes of Your Employees

Posted by Aoife Gorey on Mon, Jan 23, 2012

If a stranger asks you to rank your management team on a scale of one to ten in areas such as communication, delegation, etc, what would you say? Most people would rank them unrealistically high for fear that their answers would get back to their boss. How many of you can say that you would answer 100 percent truthfully in your own opinion? management tip

Despite all the trainings and coaching that management personnel can put employees through, a true manager also knows that they themselves are not perfect and they can always improve their management skills. Most of us work with a variety of people, and all people require different levels and amounts of coaching and mentoring from their superiors.

Everybody cares about what others think of them, it’s human nature. But what if you could find out exactly how you were perceived as a manager in your organization? Think how you could use that information to motivate and engage your employees better.

Feedback programs can be a sensitive subject for all parties involved because of fear. Managers fear they are not doing a sufficient job and employees fear if they are honest, they will get in trouble for any negative feedback toward their manager.

As a manager, you may think you are an outstanding communicator, but how do you rank in the eyes of the people in which you are communicating? How are you perceived as a manager?

The Checkpoint360™ is a tool that looks at how a manager thinks he conducts work on a daily basis and how the employee perceives the work of this manager. Both parties (manager and employees) carry out the assessment and reports two important factors:

1. Strengths – The areas you and your employees consider you to have a strength. The ‘keep doing’ items.

2. Perception by others - This outlines the areas that you may not be as strong. This could be one of two things: A performance gap is when you may think you delegate work effectively on a day-to-day basis, however, your people may be unsatisfied with your method for doing so. It could also be a perception gap. You may be delegating work effectively each day, but employees perceive that you are not. With these types of results, depending on the issue, the Checkpoint360™ report will provide you with a positive direction on how to change that and raise your game.

Either way, once you know how your people are thinking, you can modify behavior, change the way you manage, work on your skills, and immediately raise your game as a superior manager. In the example of delegating work effectively, perhaps you need a weekly meeting where employees outline the work that was appointed to them so all employees can see how you are delegating the work load. The team will have a clear outline of what is required of them and possibly notice ways that they can help each other work more effectively.

The Checkpoint360™ is only focused on strengths and development areas, not weaknesses. It is not about attacking managers; it is about helping them develop skills by means of strength analysis report.

Equipping your organization with the Checkpoint360™ solution has numerous benefits, but one in particular is priceless and one that most managers will never have in their career: A view of yourself in a working environment through the eyes of the people you are trying to motivate that work for you!


 

By Kyle Lagunas, HR Analyst at Software Advice.  Guest Post

Business leaders invest a lot in their organization, and expect to see a tangible return on their investments. But as organizations search for opportunities to maximize the ROI of their workforce, they one process is often overlooked: onboarding. Sadly, the onboarding experience is often reduced to little more than a checklist of tasks to be completed in the first week. But the fact that many leaders fail to leverage is that an employee that experiences a smoother onboarding process will be better trained, more connected to the organization and quicker to produce.

Your decision-makers need to know their resources are being put to good use, and with the right metrics at your disposal, you can deliver the information they’re looking for. After all, the key to making the case for future resource allocation lies in being able to illustrate the effectiveness of your onboarding process.

Establish a Baseline for Measuring Onboarding ROI

The biggest obstacle many HR departments struggle to overcome is establishing a baseline for how their organization will assess ROI. Fact: Evaluating the value of an enhanced HR process is not always a straightforward process. As such, spending time with leadership to establish a baseline for measuring ROI is invaluable.

There are a few key concepts to keep in mind when establishing your baseline to measure ROI:

  • Onboarding should be consistent. All of your fancy data gathering will be for naught unless you can roll out a universal process for onboarding new hires.
  • The onboarding process is more than a checklist. Though checklists are great for staying organized, your new hires’ success depends on your ability to get them connected to your organization and keep them connected beyond their first day.
  • The onboarding process goes beyond the first week. Though the normal probationary period for new hires is 90 days, The Wynhurst Group reports 22 percent of staff turnover occurs in the first 45 days of employment.

How to Brave the Metrics Madness

After identifying what information will be most valuable, you can implement tracking strategies. Keep in mind that some of the data you measure won’t be cold, hard facts that fit nicely into a spreadsheet. That said, there are three areas you can focus on for information: performance, experience and effectiveness. Also, broaden your scope beyond your new hires to measure the impact at various levels (team, department, organization).

Here are a few ideas of what you can measure (as well as how frequently):

  Employee(30, 60, 90, 180, 360 days) Team(Quarterly) Organization(Semi-annually)
Performance Progress milestones Change in overall productivity Headcount vs. output
Experience Employee satisfaction Impact on team morale Cultural fit vs. retention
Effectiveness New hire time to proficiency New hire time to proficiency vs. team average Impact on retention (both quits and terminations)

 

For Maximum ROI, Take Engagement Beyond Onboarding

The best metrics should be forward-thinking analytics tools. According to Dr. John Sullivan at TLNT.com, “They tell you who’s going to win the Superbowl next year, not who won last year.” Furthermore, they should provide the information you need to win the Superbowl every year.

At the end of the day, your ROI is answering one question above all: What is the value of onboarding new employees more effectively? Here’s a hint: Take a look at your metrics and note improvements in employee performance, time to proficiency and increased retention. Once you can answer that question, move onto the next question: “How can we maximize the value of a better-onboarded employee?”

One way you can maximize this value is to keep the momentum going. Many organizations leverage the tools and technology found in talent management systems to better manage the process of engaging and motivating their employees. Beyond core talent management functionality, these systems also offer reporting analytics and dashboard elements that provide the information you need to support your ROI analysis.


From an article in Time Magazine online
How much do Americans hate their jobs? A Gallup poll found that about 77% of Americans hate their jobs. Another found Americans hate their jobs more than in the past 20 years; fewer than half say they’re satisfied. Other surveys have found that 87% of Americans don’t like their jobs.
In the Book, Three Signs of a Miserable Job. Patrick Lencioni, a leadership consultant, speaker and author, writes this thoughtful e-mail:
I became interested in this topic because, as a kid, I watched my dad trudge off to work each day and became somewhat obsessed with the notion of job misery. Somewhere along the line, I came to the frightening realization that people spend so much time at work yet so many of them were unfulfilled and frustrated in their jobs. As I got older, I came to another realization – that job misery was having a devastating impact on individuals, and on society at large. It seemed to me that understanding the cause of the problem, and finding a solution for it, was a worthy focus for my career.
No argument there. So how does Lencioni define a miserable job?
In my view, a miserable job is not the same as a bad one. A bad job lies in the eye of the beholder. One person’s dream job might be another person’s nightmare.
But a miserable job is universal. It is one that makes a person cynical and frustrated and demoralized when they go home at night. It drains them of their energy, their enthusiasm and their self-esteem. Miserable jobs can be found in every industry and at every level. Professional athletes, CEOs and actors can be – and often are – as miserable as ditch diggers, janitors and fast food workers.
Huh. CEOs are miserable?
Attend any kind of social gathering, anywhere in the country, and talk about work. The stories and anecdotal evidence confirming job misery are overwhelming. Misery spans all income levels, ages and geography. A recent Gallup poll found that 77% of people hate their jobs. Gallup also contends that this ailing workforce is costing employers more than $350 billion dollars in lost productivity. The Conference Board has found that Americans are growing increasingly unhappy with their jobs.
Anyway, his book outlines three signs of job misery:
1.  The first is anonymity, which is the feeling that employees get when they realize that their manager has little interest in them a human being and that they know little about their lives, their aspirations and their interests.
2.  The second sign is irrelevance, which takes root when employees cannot see how their job makes a difference in the lives of others. Every employee needs to know that the work they do impacts someone’s life – a customer, a co-worker, even a supervisor – in one way or another.
3.  The third sign is something I call immeasurement, which I realize isn’t actually a word. It’s the inability of employees to assess for themselves their contribution or success. Employees ho have no means of measuring how well they are doing on a given day or in a given week, must rely on the subjective opinions of others, usually their managers, to gauge their progress or contribution.
So what do we do about all this job misery?
The primary source and the potential cure for this misery reside in the hands of one individual – the direct manager. There are countless studies confirming this statement, including both Gallup and The Blanchard Companies. Both organizations have found that an employee’s relationship with their direct manager is the most important determinant to employee satisfaction (over pay, benefits, perks, work-life balance etc).
As simple as the three signs are, the fact remains that few managers
1. take a genuine interest in their people,
2. remind them of the impact that their work has on others, and
3. help them establish creative ways to measure and assess their performance.
But surely managers want a relatively happy staff; after all, happy workers are hard workers. Besides, what jerk would want to head up an office teeming with misery? Why wouldn’t a manager take those easy-sounding steps to ensure a satisfied workforce?
First, many managers think they are too busy. Of course, the real problem is that most of those managers see themselves primarily as individual contributors who happen to have direct reports. They fail to realize that the most important part of their jobs is providing their people with what they need to be productive and fulfilled (a.k.a. not miserable) in their jobs.
The second reason that managers don’t provide their employees with the three things they need is that they simply forget what is was like when they were a little lower on the food chain. They somehow forget how important it was to them when a supervisor took an interest in them, talked to them about why their work really mattered and gave them a means for evaluating their progress.
Finally, many managers don’t do this because they are embarrassed or afraid to try. They fear that their employees will see them as being disingenuous or manipulative, or that by taking an interest in their personal lives they will be stepping into inappropriate territory. It’s almost as though they fail to understand the difference between the interview process (where no personal questions are allowed) and the actual work experience (treat people like a full human being).


employee retention, employee developmentHave you heard about the recent employee survey that shows the percent of employees planing to look for a new job in 2011 is up 60% from a year ago?  Leaders will need to take action in order to stem the tide of top performers heading for the door.   This article, posted in the Business News Daily, gives the full story:

Don’t be surprised if your company loses top workers in 2011.

A recent survey reveals 84 percent of U.S. employees plan to look for new jobs in 2011 – up from 60 percent a year ago. Only 5 percent want to stay at their current position.

 “This finding is more about employee dissatisfaction and discontent than projected turnover,” said Douglas Matthews, president of career-management agency Right Management, which conducted the poll.

“Clearly, if the job market picks up a lot next year many employees are going to take advantage of it, and organizations stand to lose some of their top contributors,” Matthews said. “So this is a wake-up call to management.”

Employees are unhappy because of the recession, job-market weakness and disruptive economic and workforce changes, he said: “Employees’ trust has been seriously shaken and there is a general lack of confidence in leaders.”

To alleviate dissatisfaction, Matthews suggests managers should:

  • Identify star performers and have open and constructive career discussions with them. “High-value employees always have opportunities available to them. Know who they are and be sure to take care of them in ways that are meaningful and aligned with the businesses goals.” 
  • Be honest and positive with employees. “Provide them with feedback on what they are doing really well and ways to help them improve. A mentoring relationship between the manager and employee will build mutual trust and hopefully limit future defections.”

Right Management surveyed 1,413 employees in October and November.

 “We view it as a barometer of their trust in management or commitment to the job,” Matthews said. “It’s a workplace equivalent to opinion polling on whether or not ‘this country is moving in the right direction.’ Just as people are questioning their elected leaders in government, so too are workers wondering if their management is up to the challenge of renewed growth or developing a sound strategy moving forward.”

Go to Business News Daily to read the original version of this article.


Employee Engagement, 360 Degree FeedbackEmployee engagement has become a business buzz term lately.  Why are we hearing about it so much, and does it really matter?  After all, you have selected and hired employees who bring not only the appropriate skills set, but also are able to work well with their team, right?

Here’s what author, Judith Bardwick, PhD says about employee engagement: “Gaining employee commitment results in greater profits because enthusiastic employees stay, contribute discretionary effort, and engage customers. Performance soars when customers are enthused and stay and when executives, managers, and employees are a collaborative team, united in achieving common goals.”

If we follow Dr. Bardwick’s lead, then the logical conclusion is that ignoring employee engagement leads to leaving profits on the table!  Here is how you can shift focus and start to engage the workforce in your organization.

Engage First-Line Leaders

The impact of first line supervisors can’t be overstated.  These  employees are often an underutilized tool in spreading employee engagement through the ranks. Get these employees involved by developing their ability to lead (and therefore engage) team members.  In recent years, the 360-degree assessment has taken the place of a more subjective one-on-one job review and also provides the foundation for their development.  These assessments provide a balanced view of performance and build trust between management and staff. 

Communicate

There is now doubt that an actively engaged workforce is the result of committed leaders.  Engagement must be included in executive objectives. because engaging first-line leaders will follow only after executives have led the march.  What can they do?  Identify communication ambassadors within the company who  can help transmit the company’s messages; supply engagement ambassadors with direct channels and information; and provide consistent information directly from the CEO  that should be communicated with all employees.

Develop a Motivational Culture

While many leaders cringe at the thought of potential budget issues related to employee development, organizations can implement a few key employee development programs and assessments and gain maximum results by publicizing the efforts, consistently communicating regular updates about initiatives and changes that affect employees and providing opportunities for employees to be part of the their own development and engagement process.

The Takeaway: Engagement leads to profit and profit, wisely publicized and communicated, leads to to engagement.