12:00 AM, 12 27, 2018

The Top 5 New Year Resolutions for your Business

The Christmas tree has come down, the box of chocolates is empty, and the presents are all unwrapped. That’s right, sadly Christmas is over and it’s time to look at the year ahead, which, for most, includes a well-meant promise or two on how we can improve. I’m talking of course of our resolutions. We’ve all made New Year’s resolutions at some point, typically the top choices include; exercising more, drinking less and losing weight. But have you thought about what resolutions your company can make?

Flexi time

Let your staff have more control over their work hours in 2019. The old-style 9 to 5 routine is outdated and proven to be less effective. To retain and attract the top employees you need to evolve with the times and give them what they want; “51% of employees wished their company offered more flexible work options”,[1] including a massive 81% of working parents.[2] This flexibility improves workplace balance and has also been shown to improve employees’ mental wellbeing and stress whilst also improving productivity. What’s there to lose?

Respect

People won’t want to stay in an environment where they don’t feel that they are respected. Studies show that a massive “79 percent of people who quit their jobs cite ‘lack of appreciation’ as their reason for leaving”[3]. You might not even realise that that’s how your staff are feeling, but with simple little changes you can quickly turn things around. The easiest option? Just listen to what they have to say. Just because you’re the manager doesn’t mean that your ideas are always the best. Even if you aren’t convinced by what they’re saying, hear them out. If people aren’t offering their ideas, just ask. You never know what they might be thinking and it’s nice for staff to feel like their opinion is valued. On top of that make sure that you include your co-workers in meetings and discussions where possible, no one likes to feel that they have been excluded from important information regarding the business.

Help with health and wellbeing

No-one wants to feel like they’re just seen as machinery. The right health and wellbeing benefits make employees feel valued and drives employee engagement and retention. In fact, a massive “40 percent of surveyed 18 – 24 year olds thought that a company’s health and wellbeing benefits were a very important factor in a job”.[4] So, this year why not look to make some changes in the office such as including a gym or meditation area. Alternatively, if space isn’t going spare around the office, have a look at the health and wellbeing module on the benefits platform, Limitless.

Tutor without micromanaging

People want to work somewhere where they feel that they are continually learning and developing, but you’ve got to be careful as they don’t want to be micromanaged and harassed. An appalling “75% of employees consider their direct manager to be the worst part of their job”,[5] so how do you achieve one without crossing over to the other? Give your employees the space to get on with their work but don’t neglect them, they’re still part of your team. On the other hand, constant nit picking will only lower morale and reduce productivity, most of all it will tell your staff that you don’t trust them, and as Pink says; “if you don't trust your employees, you've got much bigger problems."

Recognition

Make sure you recognise when someone puts in extra effort or pulls off a big deal, there is nothing better for destroying employee morale than having your team feel like they’re underappreciated and that their efforts go unnoticed. Sometimes a simple thank you is all that is needed, but if you want to go one step further then there is no better way of saying thank you than with a Gift Card. They’re the perfect reward because they allow the recipient to choose what they get.

If you’re interested in rewarding your staff with Gift Cards ring 01709 303 102 or email hello@svmglobal.com.


[1] https://www.forbes.com/sites/alankohll/2018/07/10/what-employees-really-want-at-work/#737a0c575ad3

[2] https://www.inc.com/guides/2010/08/10-things-employees-want.html

[3] https://www.forbes.com/sites/davidsturt/2018/03/08/10-shocking-workplace-stats-you-need-to-know/#3d451f25f3af

[4] https://www.personneltoday.com/hr/employers-more-emphasis-on-younger-workers-wellbeing/

[5] https://getlighthouse.com/blog/why-employees-leave-managers-not-companies/



Leave a Comment

Let's have a useful and meaningful conversation, please do not use a spammy keyword or a domain as your name, or else it will be deleted. Thanks for dropping by!


Our Privacy & Cookie Policy has changed click here to view our new policy, if you want to hide this message click here

This website is using cookies: We use them to give you the best experience. Click here if you are happy to receive all cookies on this website. Read our Privacy & Cookie Policy