Employees are mainstay of any organization. Hence, understanding employees, finding ways to manage them correctly and making sure they stay motivated and satisfied are key to retaining good and productive employees.
Who is the Perfect Employee?
The perfect employee is not an illusion. He exists. The perfect employee comes on a bike to work regardless of the weather, so that there is more parking space for others. He has a touch of gray in his hair to show his wisdom and knowledge. Sports a wide, winning smile without looking cheesy and wears a Bluetooth, so that he does not miss any sales call. The perfect employee also praises the management when standing with colleagues next to the water cooler, and has memorized the training manual to the last word!
Nearly 33 percent of companies let their employees work from home. 48 percent claim that they chose to work from home to finish up the work; 44 percent say that they have fewer distractions; and 35 percent claim to be more productive at home. However, a survey indicates that 43 percent end up watching a movie when working from home; 35 percent finish their household chores; 28 percent cook meals; and 26 percent take a nap! Employees who work from home claim that their biggest distractions are household chores, TV, pets, errands and the Internet.
In order to be a successful manager, a person should master the art of employee management. This includes being able to delegate work, being able to communicate in a clear, to-the-point and precise manner, be able to work long and frustrating hours, be able to discipline subordinates without fear, and must always be confident in all spheres, including being able to lead and manage employees.
While most people assume that money is the only way to keep employees motivated, it is a wrong assumption. According to a survey 69 percent employees would feel motivated if they received more recognition at their workplace. The same survey found that employee engagement is the best form of motivation, even better than money.
How Much Do Employers Spend on Employee Healthcare
In 2011, employers spent about $8,500 on healthcare per employee. However, most employees do not know the amount their employers spend on health benefits. 61 percent employers feel that poor health habits of employees is an obstacle in making healthcare benefits more affordable, 23 percent employees calculated that their employers spend less than $500 a month on health benefits. 65 percent employers offer wellness programs to improve employee health, but majority of employees do not want to be forced into participating in these programs.
The importance of appreciating employees should never be under-estimated. 67 percent employees feel motivated if they are praised by their managers, and 78 percent would work much harder if they received recognition at work. Ironically 65 percent people in the US claim that they get no praise whatsoever at work. So if employers ignore and do not appreciate their employees, they will have a higher turnover.
Many companies end up have data breaches because of negligent employees. 87 percent business had data breach because they did not have a security policy in place that included educating and making employees aware; and just 56 percent companies communicate their security policies to new employees. When employees are unaware of security policies, it leads to weak passwords, not hiding their work from other people’s prying eyes, use USB sticks and get virus infections, and fall prey to phishing scams.
Employee engagement does not mean happiness or satisfaction of the employee. Rather it refers to the commitment that the employee shows towards the organization and helping the organization meet its goals. When there is employee engagement, quality of work and productivity is higher and this helps to increase the bottom line of the organization.
Why Employee Satisfaction in Some Companies is Lacking?
Even though companies spend a lot of money on employee recognition and benefits, there are still some companies where employee satisfaction is lacking. According to a survey, just 45.3 percent employees feel that they have been meaningfully rewarded for their efforts and 80.4 percent employees are not satisfied at work. 58.3 percent employees do not have the urge to work beyond their allotted tasks and responsibilities.
When Employees Call in Sick, Are They Really Sick?
During the flu season, it is common for employees to call in sick, but are they really sick or just skipping work? Nearly 3 in 10 employees in the US call in sick with fake excuses. The percent of absenteeism increases in the first quarter of every year, with 34 percent employees calling in sick. The percent of absenteeism is the least from April through June, with just 13 percent calling in sick.
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