4 Signs Your Workplace Is Not Diverse
Research reveals that diverse workplaces experience many benefits. More inclusive and diverse workplaces:
Employee feedback, compliance, government forms, leave policies, recruiting: the list of tasks that an HR professional have to perform is nearly endless. Just as important as any one task is how professionals put them all together into a united front. Welcome to the Strategic HR topic.
Research reveals that diverse workplaces experience many benefits. More inclusive and diverse workplaces:
HR has a significant role to play in helping to ensure a merger is effective. Talent management and cultural issues have the power to support or derail virtually any corporate marriage. Employees are understandably wary when organizations announce a merger; left unchecked, suspicion, misinformation, and layoff fears can delay the anticipated benefits of a merger […]
Research over the last decade has made the case that employee engagement in an organization is highly correlated with success in achieving business goals. Gallup’s State of the American Workplace report found that companies with highly engaged employees experience 17% higher productivity, 20% higher sales, and 21% higher profitability, among many other positive metrics.
The more perspectives in a room, the greater the chance for innovation. There are many factors that go into creating a strong workforce, and diverse perspectives play a big role. According to Harvard Business Review (HBR), a more diverse team creates a smarter team.
Micromanagers feel they must constantly control their employees and the output of those employees. And they are constantly monitoring everything at work and consistently operate at high levels of stress, which, in turn, stresses out their subordinate employees and fractures workplace relationships.
In a previous post, we discussed the findings of the second installment of Kronos’ Global Retail Absence survey, which analyzed responses from 800 retail managers across Australia, Canada, France, Germany, the United Kingdom, and the United States.
In a previous post, we discussed some of the benefits of a team-based incentive plan, whereby bonuses are awarded based on the success or shortcomings of an entire team and not on specific individuals. In this post, we’ll look at some of the drawbacks of this approach.
Even for very large companies, absenteeism among employees can be a big deal. But, for smaller organizations, where there are fewer people in a given position—perhaps only one person in a certain position—absenteeism can have a significant impact on productivity and customer service.
A study published by Gallup found a direct correlation between employee engagement and company revenues. According to their report, actively disengaged employees cost American businesses anywhere between $450 to $550 billion in revenues each year. Increasing engagement contributes to greater productivity which, in turn, contributes to higher revenues.
There are a variety of ways that organizations can reward employees to encourage continued commitment and high productivity. And, while employees often vary widely in the level to which they value various types of rewards, bonuses are a commonly used tool that tend to provide value for most employees.