Seven Ways of Employee ROI

It’s no secret that the economy isn’t exactly booming right now. More people may be looking for work, but that doesn’t mean that they are the right people for your company. Instead of viewing employees as expendable, businesses should focus on getting the best return possible on the workforce they already have.

Employee retention is a very big issue and it always will be, regardless of the state of the economy. After all, the key to long-term growth and productivity is a workforce that’s familiar with your company and in sync with its goals. A workplace should excite and motivate employees, so they’ll want to stay around. And that means creating an environment that challenges people and helps them grow not just as employees, but as people.

Here are some ways organizations can foster the kind of growth-oriented workplace that will survive and thrive, even during a downturn:

* Forget Monetary Incentives: Focus On Relationships. Even if you can offer them, fat salaries and bonuses, more vacation time, and other perks will not increase employee loyalty. Instead, they tend to tie people to your company in the same manner that one trains a dog to stay in the yard—until, the people across the street offer a bigger, juicier bone. Creating a culture in which good relationships are valued gives employees a profound and rewarding reason to come to work every day. Only through relationships can people change and grow…and personal growth is a requirement for survival in our increasingly complex world.
* Help Employees Find their “Familiars.” What is a familiar? Simply put, it’s an emotional state we return to again and again. It is a feeling that holds tremendous power over our choices, relationships, and careers. Rooted in our families and our upbringing, the familiar is a feeling that we unconsciously reproduce, sometimes to our benefit, but often to our detriment. For instance, the eldest child of a large family might have grown up having to subrogate her needs to the needs of the younger children. Perhaps she was told she was selfish for asking for things for herself. It is no mystery that as an adult she is frustrated at work and has trouble communicating her needs to her boss. Her familiar—the feeling that she doesn’t really deserve to ask for anything—is reproduced in her work environment, where she is unable to assert herself.  You can help your employees tremendously by learning about familiars and encouraging them to identify—and subsequently diminish—their own.
* Seek Employee Input. A big part of creating a growth-oriented workplace is to constantly question your employees. “Did you notice what you did there?” “Why do you think you said that?” “I noticed that when your position was challenged in the meeting, you didn’t defend it—why do you think you backed down?” Creating a “question culture” will help employees identify their familiars. It will raise performance expectations throughout the company. It will train employees to think carefully about how they do their jobs and ensure that they have sound reasons for every decision they make.
* Encourage Conflict and Confrontation. Yes, you read that right. Conflict and confrontation are rarely pleasant, but they are the very definition of teamwork. They are also necessary to create growth relationships. The purpose of the workplace is not to make everyone happy—it is to grow people to their maximum potential. The enormous popularity of consensus decision making/negotiation, participatory management, and self-directed work teams is a sign of our unhealthy quest for comfort above all.
* Provide Honest, Caring Feedback. Keep the lines of communication open by continually telling your employees how they are doing. A relationship without honest feedback is a “mutual toleration society.” Unconditional acceptance—in both personal and professional relationships—is actually a form of abandonment, because it robs the other party of the most important catalysts for growth and change. (Hence the reason the feedback is labeled “caring”).
* Practice the Art of Self-Disclosure. Feedback cuts both ways; you want your employees to provide it to you as well. One way to do so is through self-disclosure. If you want to turn a stagnant employee relationship into a growth-oriented one—or start a new relationship out on the right foot—share your feelings first. This is a big risk because you don’t know how the other person will respond; you must be prepared to deal with any type of reaction you receive. But it’s a risk worth taking because you can learn a lot from your employees. Self-disclose often and you’ll model the kind of relationships you want to encourage in your company.
* Form An Accountability Group. Many people fear receiving or giving feedback because they don’t want to show weakness or cause discomfort to someone else. Put them in the right setting, however, and they may be willing to become involved. In an accountability group people give and receive feedback, create action plans based on that feedback, and hold group members accountable for implementing their plans. I have found accountability groups to be amazingly effective in helping clients overcome debilitating work and personal problems. Done correctly, they can lead individuals and organizations to transform themselves from the inside out.

I am certain that the actions detailed here will increase your company’s productivity. People who are personally and professionally fulfilled make better employees—it’s that simple. But the big reason to implement these strategies has more to do with tomorrow than today. Creating a work environment rich with opportunities for self-discovery is an investment in the future of your company. Begin now, and when the economy rebounds, your employees won’t leave you for greener pastures. Why would they? Your organization will be meeting needs far more compelling than a weekly paycheck.

[ An abstract from an article publish by Joan McCarthey, CPO - Human Consultancy Inc, in Human Capital Magazine]

-Pinal Mehta

HR Work Style – Balancing Four Generations “Baggage”

Every employee brings “generational baggage,” and today’s HR manager has to carry four generations’ baggage at once, says Giselle Kovary.

Kovary, a consultant at n-gen People Performance Inc., specializes in helping companies “get, keep, and grow” four generations of workers simultaneously.

In her well-attended session at the recent SHRM (Society for Human Resource Management) Annual Conference and Exhibition in Chicago, she defined the four generations as:

Traditionalists: Born 1922-1945 (63-86 years old)
Their goal is to build a legacy.

Baby Boomers: Born 1946-1964 (44-62 years old)
Their goal is to put their stamp on things.

Gen Xers: Born 1965-1980 (28-43 years old)
Their goal is to maintain independence.

Gen Ys: Born 1981-2000 (8-27 years old)
Their goal is to find work and create a life that has meaning.
Relationship with the Organization and Authority

Traditionalists, Kovary says, were hard-working, willing to sacrifice, and above all, loyal to the organization.

Boomers came along with big changes they wanted to bring to the workplace, but there were the Traditionalists running things, so Boomers had to be content with changing from within.

But the Boomers saw how the organization let the Traditionalists down. “That’s not going to happen to me,” they say, and so their loyalty tends to be more toward the team.

Gen X’s loyalties are for the boss, because their boss is the gatekeeper for learning new skills. Xers are in the “sweet spot,” says Kovary. They’ve been living under the Traditionalists and Boomers for 20 years. What they want to say is, “Will you please just get out of the way?” They also have up to 20 years’ experience and, as the Traditionalists and Boomers retire, workforce pressures mean Xers can negotiate and demand.

Meanwhile, Gen Y loyalties are to their colleagues. They think of all employees as peers. They may say to their manager, “Why don’t you do it?” They are likely to ignore the corporate food chain, and want to talk directly to the VP.

Gen Ys’ parents wanted them to have a voice in family matters; be part of family decisions; and now those young people bring those expectations to the workplace. Ys want their opinions solicited, listened to, and acted upon. (Boomers often tell her, Kovary says, “Well, yes, that’s how I raised my kids, but that’s not who I want to work with me.”)

Ys also move and travel in packs. And even when not together, they are in constant communication.

Ys expect all their co-worker friends to receive equal treatment. They are used to playing soccer and everyone gets a trophy. And since they cannot fail, Ys expect second chances. “I failed to meet my sales target? I want a do-over.” And if they are top ranked, they will lobby in favor of their lower-ranked teammates.
Here Come the Helicopter Parents

And then, says Kovary, don’t be surprised if Ys’ “helicopter parents” want to be involved in the application/interview process. (A quick show of hands of the hundreds of HR managers in attendance showed that most have gotten calls from parents.)

Ys can do outstanding work, says Kovary, but if they aren’t fulfilled, they’ll just leave. “Time to go; no biggie.” They have many options—or at least they believe they do.

Competency Revolution

Beware of an important change that is occurring with competency, says Kovary. For older generations, competency was held by the more experienced people, but now, in many fields, competency—especially technical competency—is with the least experienced, the Ys.
Work Styles of the Generations

Traditionalists worked in a linear fashion, following the rules, says Kovary. Boomers went along with the rules and the structure: “These are the 10 steps that we need to take.” Xers challenge the steps. They suggest, “How about steps 3 through 7 and then 9?” Ys say, “Let’s make it faster and better through technology.” They want to upgrade every 3 months to 6 months, just as they do with their personal technology.