Effectiveness and Efficiency to Maximize Productivity

How to Use Effectiveness and Efficiency to Maximize Productivity

Effectiveness and Efficiency aiming for maximum productivity

Both terms are adjectives used to describe how work is done. We will describe below how to incorporate effectiveness and efficiency to maximize productivity at work.

It is relatively easy to mistake one for the other, or use them interchangeably (a lot of people do!). However, these terms are anything but similar – in fact, they each carry completely different meanings.

Effectiveness

Effectiveness is all about doing the right things; it is result oriented. Effectiveness is correctly applied when a worker or company’s objectives are in line with their main goals, and indirectly their purpose.

You find ways to improve outcomes when you are effective. For example, if your goal is to increase awareness and sales of a particular product to reach a particular target, you should engage in tasks or activities that will help move you closer to your goals (eg. marketing and ads, in this scenario) , and not waste time on irrelevant tasks that do not serve your goals. This makes you effective.

Efficiency

Efficiency, however, is more about doing things right; this aspect is task oriented. It is using better ways to get something done well in the shortest amount of time possible. Here you utilize the least amount of resources and/or costs. An example of efficiency would be using a computerized system. You would get things done accurately in a shorter span of time.  You would replace reliance on manual methods to do the same thing.  Because manual methods are susceptible to human error and requires more time.

Either one can exist without the other; one can be effective but not efficient, and vice versa. It is entirely possible for one to be effective in achieving their goals, while being inefficient in the way they do it. It is also entirely possible to be none of both at all.

Effectiveness and Efficiency to Maximize Productivity

In fact, there are four possibilities:

  1. Effective and Efficient
  2. Effective and Inefficient
  3. Ineffective and Efficient
  4. Ineffective and Inefficient

You should note however that true, optimal productivity is a combination of both efficiency and effectiveness (Number 1) – the Holy Grail for every individual worker or organization.

It is not possible for an organization or person to reach peak productivity levels, if they are lacking in either efficiency or effectiveness (Number 2, 3 and 4). If anything, they’re setting themselves up for either mediocrity or inevitable failure.

Effectiveness > Efficiency

Effectiveness

In terms of order of importance, prioritize effectiveness over efficiency in all your considerations about productivity.

This however does not mean that you should disregard the importance of efficiency altogether – again, as mentioned earlier, productivity is a balanced combination of both.

Effectiveness involves the big picture. Putting effectiveness first just means that you should first and foremost focus on doing the right things in order to improve your chances of getting a good outcome.

Once you get yourself on track and laid out the basics, you can then look into how you can improve the way you do things. The logic here is to concentrate on being efficient at the tasks which are significant and are effective in contributing to your goals. There’s no point in particularly efficient when the tasks you carry out do not contribute to your purpose and goals.

To sum things up : efficiency is a modifier for effectiveness, not a substitute.

Efficiency is meaningless on its own.

The problem with most people is that they tend to gravitate towards efficiency, rather than effectiveness. It is perfectly understandable – being efficient is a whole lot easier than being effective. Being efficient involves improvements on a smaller, more manageable scale; effectiveness however requires a whole lot of brainstorming about one’s goals, values and different approaches, on a larger scale. And that is intimidating.

Not only that, people who put efficiency before effectiveness have this tendency of looking for better and perfect ways of doing things, and head nowhere instead – which ironically, leads to ineffectiveness.

Increasing Effectiveness

Effectiveness vs efficiency to maximize productivity

So how does one increase their effectiveness?

Put some time aside to evaluate these few things:

Clarify the What– focusing on the results you want to achieve and defining the picture of success.

Clarify and pursue key strategies that will give you the highest possibility for success.

Now that you’ve established your plan of action, you can focus on how to increase your efficiency. This would mean concentrating on the How’s – implementation of your strategies in the most efficient way possible, and improving how you do things as you go along.

Moving Forward

In the coming articles, we will look into further detail on effectiveness and efficiency to maximize productivity. Also we will offer many other helpful tips that will elevate your productivity to optimum levels.

Up-Skilling Provides Opportunities for Career Advancement

New Skills Required for Career Advancement, Employee Retention and Recruiting Excellence

up-skilling career advancement

Here is a piece exploring the fact that professionals have the responsibility to keep up their functional knowledge and up-to-date on the latest trends in their field.  Ongoing training and learning are the keys to maintain and even get ahead in a career.  Without that you fall behind and others propel past you.  The article plus resources provide a how-to guide to attaining advancement in one’s career.  The emphasis is on training and professional development.

Computer technology has developed new opportunities for companies that require a modern workforce. Therefore workers must train for new skills and competencies to pursue and excel in new and changing jobs.

Why professional development will future-proof your career
Companies should be using CPD as a tool to attract top job candidates, retain their best workers and identify future leaders.

When it comes to future-proofing career progression, it is becoming increasingly clear that committing to continuous professional development is the best way forward.

At a glance

  • Professional development training is often overlooked and underappreciated, and is one of the first things to be sacrificed when budgets get cut.
  • Recruiters point out that it is vital that accounting and finance professionals upskill in the areas of business intelligence and cybersecurity, to provide value to businesses striving to cope in a challenging environment.
  • There are well-established links between professional development and profitability, since employees’ problem solving skills improve along with the ability to identify trends and opportunities for innovation.

“We are in a talent deficit at the moment because borders are shut, so there is no influx of talent and skills coming from the US and the UK fintech firms into Australia,” says Nicole Gorton, director at recruitment specialist Robert Half Australia.

Now, as the world slowly emerges from the pandemic, companies are hiring again. Gorton says every business she goes into is looking for candidates with strong skills, particularly in business intelligence, analytics and cybersecurity.

“The problem is, they can’t find them,” Gorton says. “As a result, upskilling is the way to go, and I’m telling companies I can find them good people, but they are going to have to train them.”

From knowledge to profit

Links between professional development and the profitability of organisations are well established.

“CPD ensures the upskilling of employees’ technical capabilities, leadership competencies, stakeholder relationship management skills and the ability to strategise, analyse and use that information to make more robust decisions for the business,” says Gorton. The company benefits because staff get better at problem solving and identifying trends and opportunities for efficiencies and innovation.

What’s more, staff who can apply their skills and play to their strengths daily are six times more likely to be engaged on the job, according to a Gallup Poll.

“Professional development training is overlooked and underappreciated as an employee retention and recruitment tool,” says Gorton. “In fact, it’s often one of the first things to go when budgets get cut.”

Gorton thinks that’s a false economy. Instead, companies should be using CPD as a tool to “attract top job candidates, retain their best workers and identify future leaders”.

A price worth paying

While it is clear that CPD offers all-round benefits, what is less clear is who should be paying for it.Peter Polgar FCPA is executive chair of professional services firm Reanda Australia, and says even after 50 years in finance and accountancy, trying to keep abreast of what is going on in the industry is more challenging than ever.

He is in no doubt, however, that continued professional development should be a shared responsibility between the employer, the employee and professional associations.

“Professional development should be a shared vision.  We need to take ownership, as we are all in this together,” he says.

At Reanda, employees are encouraged to take an active part in their own learning and are reimbursed for the cost of successfully completed training courses.

“Big firms like ours have the resources and capacity to budget for professional development, but smaller firms are less able to do that and training becomes a discretionary cost,” says Polgar.

“Employers recognise the importance of ‘soft’ skills training, but it competes in priority with new product launches, performance and growth… the appetite is there, but it’s not always a priority, and that needs to change.” Nicole Gorton, Robert Half Australia

In order to help manage the cost of CPD for staff, the employer should have a good understanding of the business’s cost revenue structure. Taking a strategic view of CPD means determining what the organisation needs and when, and how to go about delivering that in the most cost-efficient way possible.

This may include delivering CPD through group training sessions or peer-to-peer knowledge sharing, with employees presenting their learning to the wider team following a conference, for example.

A weekly or monthly discussion group on problem issues could also bring a team closer together.

Cross-training or shadowing someone who is comfortable performing tasks another employee needs to learn is another cost-effective way of upskilling staff, as is identifying an employee with strong communication and behavioural skills who is willing to act as trainer for others and would be happy to change their job description.

A business that prioritises CPD and develops a clear idea of how learning and development activities fit into the overall strategy is much more likely to achieve desired results without going over budget.

Requirement for continuous learning

Accountants have a professional responsibility to keep their knowledge up to date and stay on top of the latest industry developments.

“If you are not learning something new every day, then you are not keeping up, as the industry is changing every day,” cautions Polgar.

This includes not only improving technical knowledge and staying up to date with technology trends, but also honing so-called “soft” skills, such as communication and people management, says Gorton.

Cultivating the ability to navigate conversations, negotiate and wield influence is even more important in the post-COVID-19 world, where so many daily interactions with colleagues and clients are not face-to-face.

“Employers recognise the importance of ‘soft’ skills training, but it competes in priority with new product launches, performance and growth as it relates to shareholder interest,” says Gorton.

“The appetite is there, but it’s not always a priority, and that needs to change.” Gorton says one solution is to put professional development into the context of an employee benefits package, ensuring there is diversity and opportunities available to everybody.

“Every company is different in how they remunerate staff, and you have to look at the whole attraction and retention package, and also combine that with what opportunities are available to you as an employee over the next 12 months,” she says.

Some employees may prefer paid professional development to other “perks” offered by employers, such as flexible work arrangements or paid health insurance.

Holistic view of learning

While most of us think about ongoing development in terms of online or classroom-based training programs, employers should be taking a more holistic view, says David Pich, CEO of the Institute of Managers and Leaders Australia and New Zealand.

Mentoring, networking, resilience planning, mental and physical self-care and using self-analysis tools are all part of professional development.

“There are as many learning options as there are lessons to be learned,” says Pich.

In times of unprecedented change, “it is essential to be supported by other professionals who can provide objective perspectives and guide you through upcoming challenges”.

Those challenges are only set to increase. Deloitte predicts that, by 2030, the average finance professional in Australia will be short of two or three critical skills necessary to be effective in their role.

This is convincing evidence that investing in CPD is an investment in future-proofing business.

How to ask for professional development training (and get your employer to pay for it)

Nicole Gorton, director at recruitment specialist Robert Half Australia, has some tips on how to make a convincing case for your employer to invest in your professional development.

  1. You need to be able to put forward well reasoned benefits of what it could mean not just for you personally, but for the organisation, and how those advantages can play out for everyone.
  2. Bring up the subject of CPD either during the job interview or at the annual performance review. If you can’t wait until that comes around, book a meeting. This will signal your serious intent.
  3. Prepare well, so that you know what you want to get out of the meeting, having considered your career goals, your particular interests, along with your strengths and weaknesses and where you need to target training.
  4. Ask your manager for their advice about how to develop your career. They may have suggestions that you hadn’t thought of or insider knowledge of the company that can help you create an action plan for CPD.
  5. You need to demonstrate how CPD training will be a return on investment for the company. If, for example, you are requesting software training or a course in AI, indicate how it will reduce the amount of time you spend on certain tasks, reduce errors and increase your productivity. If you can put an estimated dollar figure on company savings as a result of your training, all the better.
  6. Ensure your manager knows exactly what you are asking for and has been sent links to the course you want funded. If the course involves taking time off work, explain how much time off you will need and when. If there will be other associated costs, such as travel, lodging, registration fees and meals, include those in your estimate.

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Reach for More Career Growth with Personal Development

Do you feel like you’ve hit a wall when you reach for more career growth? Do you think you’ve accomplished everything you’re meant to achieve? Chances are the answer is no.  But if you answered yes, then it’s time to change your mindset.  Why?   Because the most important part of personal development is recognizing that you always have a potential to achieve if you proactively reach for more career growth.

Reach for more career growth through personal development

The Growth Mindset

If you don’t believe you constantly have room in your career to grow and develop, then you are the victim of a fixed mindset. People with a fixed mindset don’t focus on self-improvement.  And therefore, unsurprisingly, they don’t tend to succeed as often as those with a growth mindset. According to a number of studies on achievement, training in how to maintain a positive and growth mindset raises individuals’ results, and this is just based on telling someone that having a growth mindset helps!

To achieve and maintain a growth mindset it’s important to recognize that you don’t know everything about your current job. And that you always have room to improve. Even if you believe you’ve mastered your job function, find ways to expand on your knowledge.

The world is always changing so there are always new things to learn no matter what your area may be. For example, if you finished a class mastering a new language, maybe it’s time to take a trip to a country where they speak that language to put yourself to the test!

Reasons to Continue To Grow

While mastering an assignment may seem like a good end of growth goal, its actually better to set a goal to constantly continue to learn. This is because when we believe that we have no more room to grow, we often become complacent and we lose the positive reinforcement associated with continual achievement. Not only that but continuing to reach for more career growth provides us with a healthy dose of self-confidence as we persistently learn new elements of the job.

Constantly setting new or progressive goals keeps us on our toes and takes us out of our comfort zone. It makes us more self-aware.  That will help us recognize any additional areas in our job function which could use some improvement. Thinking that you’ve learned everything will only lead to feelings of monotony and boredom.  So don’t let anyone tell you that you don’t still have room to grow!

Reach for More Career Growth

If you’ve decided that you want to reap the benefits of a growth mindset, then you’re already halfway to reach for more career growth! Next, look at your job and find areas which you may need to improve. You don’t just have to think of it as improvement. Rather think of it as something you may want to revisit or refresh. For example, if you learned a language fluently in school, maybe it’s time you revisit your knowledge.  Try reading a book or watching a tv show in that language. You’ll be surprised by what you can learn!

Besides just deciding what you want to improve upon and how, also make sure you write your goals down. If you write down progressive goals without a clear end in mind (such as “practice Spanish every day”) make sure you provide frequent updates for yourself.  Or perhaps list milestones such as “practice Spanish every day for one year” and then after the one year, up it to two years, and so on. This will help you drive and remain on track even when your goals may seem endless.

If you’re constantly in a mindset ready to reach for more career growth, you’ll be surprised by what you discover.  And you will also surprised by what you achieve. And pretty soon you’ll find yourself on the road to leading a more successful and fulfilling career.

 

 

 

 

When You Lose Your Enthusiasm for Your Job How to Regain it

Need to regain your enthusiasm for your job? Have you lost all excitement for your work? Did your “get up and go” get up and leave? If so, you certainly aren’t alone!

Many people lose their enthusiasm for their job somewhere along the way. Whether it is due to the depressing business environment, a change in your work assignment, or because you are simply stuck in a rut; losing your enthusiasm can stink. However, there are ways you can get back on track and regain your enjoyment with your job.

Regain your enthusiasm for your job

Let’s look at some of the things you can do right now to regain your enthusiasm for your job…

What Is Holding You Back

It’s a good idea to figure out exactly what it is that is holding you back. Is it self-doubt? Maybe the pandemic has you anxious.  Or maybe you had unrealistic expectations that led to you giving up on your career aspirations? When you figure out exactly what it is that has caused you to lose your enthusiasm for your job, you can then work on getting it back.

Get Into A Healthy Routine

One thing that is going to really help you to regain your enthusiasm for your job, is getting into a healthy and positive routine. The things we do each day, determine how we feel. So, if you are currently feeling lost and like you are just sailing blindly through your job, switching up your routine can help.

Start with your morning routine. Does it leave you feeling energized, positive, and inspired? If not, change it up so it better serves you. Avoid checking your phone and the news first thing in the morning. Prepare a to-do list or organize work documents or tools the night before that will make your morning work activities easier. When you start the day right, it can leave you feeling a lot more positive throughout.

Surround Yourself With Positivity

As you’ve probably guessed by now, staying positive is key to regaining your enthusiasm. The co-workers you surround yourself with make a huge difference to how you feel. If you currently spend time with negative co-workers, you will naturally have a more negative outlook on your job too.

When you start to surround yourself with positive associates, you too become more positive. You will see opportunities and start to enjoy each workday. Your inner circle should consist of people who build you up and support you and have an enthusiasm for their job and your employer. When you have encouragement and support, it helps you to feel like you can take on any project.

Know When To Seek Help

Sometimes, the reason we can’t muster up much enthusiasm for our job is because we may be suffering from depression. If you suffer with mild depression, the above tips may help you to overcome your current low state. However, if you have moderate to severe depression, you may need professional help to battle the condition. Getting this help from Human Resources or from an outside professional can prove invaluable for getting back your passion and joy for your job.

Everyone goes through times where they lose interest in their job. However, the key thing to remember is that you are not stuck. There are things you can do right now to regain your enthusiasm for your job, become more engaged in your work, and feel more satisfaction and fulfilment.

How Working In Short Bursts Could Change Your Work Life

Maybe someone has introduced you to the method of working in short bursts.  But it all just sounds so strange to you. And granted, it doesn’t seem like you could accomplish much in twenty-five-minute intervals.  So why would you switch? Well, you might be surprised to find out that working in short bursts can change your career trajectory and job satisfaction.

working in short bursts can change your job and career

What You Will Accomplish Will Surprise You

The obvious change is you will be shocked by the amount of work you can get done in such a short time. You likely didn’t even realize how truly distracted you were before. And your motivation levels and sense of accomplishment will be through the roof! Which will only lead to you achieving even more!

You’ll Spend Less Time On Social Media

You probably don’t even realize how much time you currently waste away on your phone. Whether it’s scrolling through social media, watching videos, or simply surfing the web, when you split your work up into short bursts, you’ll put a timer on your social media time.  That will cut it way back—and give you more time for the things which matter in your career.

You’ll Remember More

Studies have shown that the longer the work period, the more your concentration, focus, and, most importantly, your memory tends to suffer. Memory world champion Dominic O’Brien swears by the short burst method and all it’s done for his astounding memory capabilities. Using this method to memorize works because when your brain focuses for too long, you will stress out and retain less. So, when you give it frequent breaks, it has an easier time remembering the content.

You’ll Have More Free Time

Besides just trimming down your social media time, you will gain the amount of spare time you have – much to your surprise.  Each day you won’t be spending just staring at your computer or day dreaming out the window. With the short burst method, you are forced to use your time more effectively, keeping your brain wandering to very short, timed intervals. This will lead to having time for more of the challenges you enjoy or look for work opportunities to get ahead or pursue short term goals.

Recommendation

Although working in short bursts might sound like a strange concept, it works.  And the experts swear by it and all it has done in their lives. Give it a try today.  After all, you have nothing to lose. And the method has the possibility to absolutely change your job and career for the better.

7 Ways to Keep Your High Performers from Quitting

Your employees are one of the most important assets in your business. Whether you are in sales, construction, marketing or any field, the employees are the nexus between your company and the marketplace. In this hyper-connected and competitive world, you can’t afford to lose any good employees you have on board. And the replacement cost of your high-potential workers is too high. That’s why you need to keep a tight ship and keep your employees from quitting.

Employee Retention

Here are 7 things you can easily incorporate to stop your best talent from walking out the door:

 

You can…

1. Provide Competitive Pay

In a survey of 2,000 people by Paychex, respondents said the main reason people leave their jobs is money (69 percent said that low salary did or would make them leave).

Even in the most satisfying work environment, if your employees can’t pay their bills every month, they are going to look for new career opportunities somewhere else. You need to be able to offer competitive pay to your employees. This will not only keep them from leaving but it will make your company more attractive when hiring new people.

Bear in mind, wages change all the time, you have to be up-to-date with any changes; otherwise your rivals may offer a little bit more money and steal your best employees.

2. Give Employees Regular Feedback

Another important factor in the decision to quit is a feeling that the employee is not valued.  Your employees want (and need, as well) feedback that their employer cares about them as employees. People feel the need to be heard and want to know if they are doing a good job. You don’t need to overwhelm them with constant commentaries on their work, but every once in a while, you might want to tell someone they are doing a good job. This will make them feel appreciated and will create a good work environment.

If your employees never hear from you, they might feel like they do not belong in your company and will look someplace else where they might be appreciated. It might not seem like much, but good feedback goes a long way.

3. Set a Good Example and be Accountable

Nobody likes their boss, but everyone needs a leader. When you have people working for you, you need to take action and steer the team to their highest performance, like a leader. You don’t want to boss everybody around yelling orders, never doing any actual work. Even if it means rolling up your sleeves and going the extra mile, you need to set a good example. This is like an investment.  If your employees see you working hard, that sets the tone.  They will work harder. If it seems like you don’t care about the job, they will either slack off or look for a different place that cares about their business.

If you make a mistake, you need to be accountable. If you look for excuses, your employees will do the same when they make a mistake.

4. Be Consistent

This is incredibly important. Many supervisors think that all they have to do is hire people and pay them to work. The supervisor is available to the new hire for a week or two, and then withdraws completely. This is the worst strategy possible. A supervisor needs to be consistent with his work approach, even more than his employees. In the same way that you have to set a good example, you have to show you are consistent in your work and management style.

If you only show up half the time, don’t leave your office, or seem not to care, one day you are going to find some of your best talent will have left for a boss that shows he cares about their work.

5. Support Diversity

A diverse workplace is Integral to a strong, productive and creative workplace. If all your employees are the same, you will face problems that you won’t be able to overcome. You need different types of workers to create a dynamic workplace; otherwise, your company will feel monotonous and boring. You can also scare off a candidate if everyone currently employed is the same. And that one different person might be the best employee; you wouldn’t want to lose that person.

6. Offer Ongoing Learning Opportunities

A growing trend that helps retain employees and improve the quality of work is to offer development opportunities. Several educational institutions are offering their services to companies that want their employees to grow career-wise. If your company allows attending seminars or financially helps their employees to go to business school, this will give your employees an extra incentive to stay in their job and you will eventually reap the rewards with an improved workforce!

If you are not offering training to your employees, you are going to be behind competition in this fast-changing marketplace. Nowadays, not offering any learning opportunities inside or outside of the workplace is like having non-competitive pay. People expect to have them or will go to where employers offer it.

7. Don’t let Toxic Workers Poison Talented Employees

This is crucial. Even if you offer the best wages in the market, pay for your employees’ tuition, and have the best leader/boss around you can’t let toxic workers impact your company. They will make your best employees leave out of pure contempt. It might not seem like a problem at first, but eventually, people get tired of the same person’s harmful behavior. If you don’t fire noxious individuals because you are afraid of the economic cost, you eventually will face bigger problems as your top employees start to leave.

Conclusion

You need to keep your employees happy and productive. To do so, you need to offer good wages, career opportunities, and a diverse workplace. You need to be a good leader and avoid lethal people inside the work environment. If you apply these seven concepts, you will have few problems with a discontented workforce heading for the door.

If your high performers are quitting, let Flexicrew help find strong replacements quickly.  Don’t wait!  Contact one of our professional recruiters today!

Ask the Flexpert…What’s the Importance of Training and Development?

The importance of training programs to employees and the employers is exhibited in eight different ways:

Improved employee performance

The employee who has undergone thorough training has necessary skills, knowledge, and abilities to perform his/ her task better.  A skilled and confident employee will embrace his/her employer based on overall production.

Employee satisfaction

The company shows appreciation to its staff and thus employees feel valued and motivated.

Addressing weaknesses

Workers have varied abilities, skills, and knowledge. This is why teamwork is emphasized most in team building exercises. This training also creates a valuable connection between employees.

Consistency

Equips the employees with enough competencies and experience. The consistency results in enhanced performance.

Increased productivity and quality

If the workforce is motivated there is an observable growth rate in productivity and encourages the company to implement more training courses.

Increased innovation

The workforce needs training in order to fit in with the rapidly trending automation advances in every market.

Reduced employee turnover

Employees who are trained on how to operate and maintain modern industrial equipment and systems are likely to feel valued if investments are made in their career and less likely to leave employers who value them.

Enhances company reputation and profile

Helps to develop an employer’s brand and makes a company a prime consideration for graduates and mid-career changes.

So training and development offer both employers and employees with advantages that make the time and cost a valuable investment.

Call on Flexicrew to get some useful ideas how training and development are worthwhile for you to implement.

How to Lower Employee Turnover

Employee turnover or attrition is one of the major challenges for businesses nowadays. While involuntary turnover is usually not a cause of much concern; it is the voluntary attrition that requires close monitoring. Human Resource professionals spend considerable efforts into analyzing the causes of attrition and devising methods to lower employee turnover.  Following are some of the predictors of employee turnover trends and what can be done to combat them to lower employee turnover:

Job Satisfaction Levels

This is perhaps the most common reason people leave their jobs. They often have certain expectations and if things do not work accordingly, employees feel their individual needs are not being met. As a result, employees become disengaged or “checked out.”

Some ways in which this can be handled are-

  1. Ensuring proper role clarity. Employees need to understand their job descriptions properly.
  2. Role alignment with individual career aspirations.
  3. Avoiding any kind of role conflict if possible.
Relationship with Manager

There is a reason why it is said that people do not leave jobs, they leave their managers. If there is a lack of supervisory satisfaction, then it can be a predictor of higher employee turnover.

To handle this, some of the steps that can be taken are as follows-

  1. Managers should be trained on how to handle teams.
  2. ‘Skip-level’ meetings are a great way to ensure effective communication channels between leader and subordinates.
  3. If an employee raises an issue with their supervisor, proper steps should be taken by the HR department to address the issue. This will help to lower employee turnover.
Team Dynamics

The teams that employees work in become their families at the workplace.  And if there is no team bonding, employees might lose motivation to come to work.  An effective way to ensure better team dynamics is through employee engagement activities and team-building exercises. Events such as company picnics or team parties are great places where people can connect and build their networks. This, in turn, creates an environment which motivates people in their work, thus leading to lower employee turnover.

Misalignment with Role

This happens when the hiring is not done carefully enough, resulting in a skill set mismatch. In such a case, an employee will feel out of place in their role and decide to leave. Companies can lose good workers due to this.

To prevent this from happening, care should be taken during the hiring process as mentioned below-

  1. Recruiters need to ensure that they choose candidates with the required skills for the job.
  2. Proper learning and development sessions also help to lower employee turnover in the future.
Behavioral Indicators

These are the predictors which usually indicate employee’s engagement levels and hence give an idea of whether they might leave or not. Some of these behavioral indicators are absenteeism, performance, punctuality, etc.

If noted, these can be addressed in the following manner to ensure lower employee turnover-

  1. If absenteeism or lateness is high, then the manager or HR can have a one-on-one discussion to get to the root cause of the problem. Often, these problems can be solved with a little bit of flexibility.
  2. Should performance become an issue then the employee must receive proper feedback and the necessary support to improve.
Conclusion

Employee attrition can become a big problem if not dealt with in a timely manner. At the same time, there are so many steps that can be taken to lower employee turnover. Businesses must care for their employees to become successful; after all, employees are perhaps the biggest asset they have.

If your firm experiences high employee turnover, contact Flexicrew to help improve your recruitment efforts.