Impact of drops in productivity and low employee retention.
No one said HR would be easy, did they? Certainly, if you work within
human resources, you’ll know that every day throws up a new challenge –
something you’re yet to deal with but which takes up an inordinate amount of
your time.
As a result, deadlines are missed, and that
ever-growing to-do list keeps well, growing. There is always something else
screaming for your attention, making each day feel like a constant battle
against productivity.
While there’ll always be strange, unusual
issues that crop up, there are many common workplace problems that every person
operating within a human resources department will have experienced. And if you
haven’t yet, you should prepare yourself for that eventuality. If you know what
they are, you’ll quickly create an HR utility belt that will always be your savior.
What is Productivity?
Productivity either happens,
or it doesn’t – it’s that simple. Unfortunately, the stuff that keeps us from
being productive isn’t always that obvious. It can creep up unawares and,
before you know it, set the business back further than you’d think possible.
This is a common workplace issue that needs to be dealt with quickly.
How to deal with a productivity drop:
Staff within the organization may be suffering from low productivity
levels but be entirely unaware of it. That’s why
the first step in rectifying this is to identify where it is taking place.
Understand which departments are suffering from poor output and then trace the
source to a particular employee or group of employees.
Once low productivity points are identified,
HR professionals can go about rectifying them. A simple ‘time and motion’ study
can be carried out to review how tasks are performed and who is in charge of
their completion. Inefficiencies will quickly become apparent during this
process, as will any lingering personnel issues.
Sometimes a productivity issue will have
nothing to do with the business and everything to do with what an employee is
going through in their personal life. Where this is the case, the HR department
needs to find a way to support that employee and help get them back on track.
Often, increased motivation or additional
training may be the only thing required to boost
productivity, but a proper study will also reveal areas in which investment or
further recruitment is needed.
What is employee retention?
There is nothing
worse than spending months, training an employee only to watch them leave
without so much as a backwards glance. It’s a budget killer and puts the organization
right back at square one.
In these situations,
the HR team usually have some serious questions to answer, such as:
·
Why did an employee leave?
·
Why were they allowed to leave?
·
How are we going to prevent it from happening again?
There’s no escaping
the fact that it is the HR team’s job to protect the employee base. It is, after all, the company’s
most valuable asset that should be capable of driving high levels of
productivity and retaining an ever increasing roster of skills.
How to deal with low
employee retention:
Remuneration,
incentives and culture are the three things you need to focus on to improve employee retention. Wages should be fair, consistent,
and in line with market expectations; incentives should be inventive. Finally,
the culture should foster a genuine love of the company.
The more wanted an
employee feels, the more likely they are to build an emotional connection with
the business, and such feelings proliferate quickly.
Reference:
https://www.naturalhr.com/2017/02/10/guide-common-workplace-hr-issues-deal/
Many firms devote a significant amount of effort and money into determining the causes of employee turnover, such as through exit interview programs. The goal of such research is usually to figure out why people leave, with the assumption being that if a firm can figure out why people leave, it can try to reduce terminations and turnover. When an employee quits a vacant position, the time, money, and effort required to seek, hire, and train a replacement is incurred. Separation costs, such as severance compensation, may also be incurred. Employees have more options when unemployment rates are low, therefore turnover tends to rise while overall retention becomes more important. Regrettable turnover is always a worry, regardless of the external climate, because top talent always has options.
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