HiFives Industry Best Practices in HR Management covers major topics in HR related to employee rewards and recognition, employee engagement, organizational culture and many more.
Employee Rewards and Recognition
It is clear that lack of employee recognition program can hurt an organization given that it is one of the key elements of motivating and engaging employees. Hence, organizations that haven’t set up such programs should necessary steps to address it and implement a robust employee recognition program in line with their business needs and expectations of their workforce.
Understanding the key elements of a perfect employee recognition program is the first and the most important step that organizations need to take in the direction of developing such a system that is effective in motivating their employees and driving business growth.
Technology-based employee recognition programs have become the need of the hour for organizations seeking effective and innovative ways to reward and recognize their employees and drive greater business growth. Technology drives Successful Employee Recognition Programs.
The above points can help organizations in driving business productivity and quality through employee engagement to maximize their business growth and profitability, and to stay ahead of the competition.
All said and done, recognition plays an integral part in employee engagement no matter how it is executed. At the end of the day, employees feeling happy is what matters most whether is a pat on the back, a trophy, a shopping voucher or a trip to the Bahamas!
The HR industry is experiencing a renaissance with a flood of new and innovative HR tools to help you boost engagement throughout the employee lifecycle
Implementing the above strategies can help in boosting employee engagement significantly. However, rather than expecting overnight results, organizations adopt a patient approach and constantly make improvements to the strategies based on the results.
Organizational culture can deeply influence critical business metrics such as productivity, employee engagement and commitment. That is why it is important for organizations to work towards developing a great organization culture that matches their business values and objectives.
As the demand for digital workspaces continues to grow, organizations can benefit greatly by considering this guide for building workplace culture in virtual environments for enhancing their profitability and business success.
Most organizations aim to turn into one where people will stick by even during the worst times. One way of achieving this objective is by integrating employee recognition with the organization culture.
Building a strong culture of appreciation assures individual employees that they are not only seen and heard but also valued by their employers and peers. This enhances their sense of self-worth and makes them an active contributor in the process of growth and success of the business.
In the near future, organizations should see a big data approach to performance appraisals. It would increase efficiency, reduce bias and the cycle time
One of the most important things for managers to remember while delivering negative feedback to employees is to reaffirm their confidence in them. The managers should never cast any doubt on the commitment of the employee to his or her job and to the organization. They should then move the discussion in a direction so as to get a positive outcome despite the negative feedback.
Developing an efficient performance management process keeping the above tips in mind can help startups set clear direction, build greater commitment and higher levels of performance from employees.
Even though peer feedback plays a critical role in ensuring effective performance management, it does not necessarily have to be focused solely on deciding employee compensation. If managed properly, it can result in improved employee performance, better goal setting, more accurate training gap identification and successful career planning for the employees and organization.
Other HR Topics
Using the right strategies to enhance the satisfaction levels of its employees can ensure big benefits for an organization towards developing a loyal customer base that in turn paves the way for exceptional business growth and success.
Organizations need to stay alert to these signs of disengagement among employees and take timely action to reverse the trend and actually improve employee engagement levels in the organization.
The sudden changes in work scenarios have left most of the work from home employees confused and unclear, which is why organizations need to implement the right engagement strategies and keep them motivated and productive.
Ensuring consistently high levels of employee motivation is in itself a difficult task and it becomes even more challenging when the workforce comprises of multiple generations. However, with the right intent and methods, this objective of integrating and engaging a multi-generation workforce can be accomplished.
The HiFives Team has vast experience of partnering with HR professionals from hundreds of organizations across multiple industry verticals and geographies. Based on these extensive interactions, the HiFives Team compiles a list of best practices in HR Management and Technology and write blogs on those topics. Those blogs are then published on the HiFives website. HiFives publishes at least 1-2 blogs every week on various HR related topics. The HiFives Team also write guest blogs for other blog platforms and websites relevant to the community of HR professionals.
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If you are an HR practitioner or an HR blog writer, you can contribute to the HiFives blog as a guest author. You can simply contact us for more details. You can write on any topic in HR related to employee rewards and recognition, employee motivation, talent management, learning and development, organizational culture, performance management and any other topic that may be relevant to our audience of HR professionals across the globe.