Posted in: Benefits, Communication, In this week's e-newsletter, Latest News and Views, Management, Performance
How many does your company have?
Few employers can lay claim to all of the attributes that are the marks of a great place to work. Sometimes, resources limit the possibilities. Still, the more you have, the better your chances of success, according to Tony Schwartz, author of Be Excellent at Anything and a contributor to the Harvard Business Review:
- Pay a living wage. That doesn’t necessarily mean you pay more than anyone else. It does mean you pay people in line with the job and the going pay for the job, and you don’t expect people to work full time for a salary that’s below the poverty line.
- Give all employees a stake in the company’s success. Use profit sharing or bonuses or any measure tied to personal and company success. If the company does well, all employees should share in the success, in meaningful ways.
- Make the work environment safe, comfortable and appealing. Miserable workplaces make for miserable people.
- Create places for employees to take intermittent breaks.
- Offer a gym and other facilities that encourage employees to move physically and stay fit. Provide incentives for employees to use the facilities.
- Define success for each job. Then, give employees as much independence as possible to achieve that success.
- Institute two-way performance reviews. That way, employees and supervisors alike can answer the question, “How am I doing?”
- Create policies and conditions that encourage employees to focus on their most important priorities and independent projects they’re especially passionate about and which have the potential to add value to the company.
- Provide employees with ongoing opportunities and incentives to learn, develop and grow, both in establishing new job-specific hard skills, as well as softer skills that serve them well as individuals, and as managers and leaders.
- Stand for something beyond simply increasing profits. That gives employees a sense of meaning about where they work.