Friday, July 3, 2015
Thursday, July 2, 2015
From free, daily catered lunches to company yoga classes to Friday happy hours, workplace perks are here. And they're great additions to standard 401(k) plans and vacation days. Perks like these break the everyday monotony of the workplace, attract the newest generations of talent and keep current staff happy.
But, that’s not all.
Employee perks also have a strong impact on a company’s bottom line. That’s right -- there’s a quantifiable benefit to taking the team out for drinks.
So what is the return on investment of employee perks? Here are three categories of popular perks companies are providing today and the data-backed ROI that comes with them: Find out here
Tuesday, June 30, 2015
More millennials work for small businesses with less than 100 employees than any other company size, according to research from PayScale.com. Five years ago this may have been less consequential, but this year marked the tipping point where millennials now make up more of the work force than any other generation. The future of the work force is here, and its members are more inclined to work in a small business than larger organizations.
In order to understand how macro forces are driving change in the workplace, like the rise of millennials and the expectations that come along with that, Staples Advantage, the business to business division of Staples and WorkforceTrends.com partnered on the Staples Advantage Workplace Index, a new study surveying more than 2,000 American and Canadian workers. The major finding was that more than half of small-business employees report feeling overworked and burnt out, yet 89 percent are still happy at work and motivated to become managers in their respective organizations.
It's no surprise that this data also suggests that small-business employees are working longer hours; a quarter of them spend time working outside of the office and 40 percent work on weekends at least once a month. The research also found that they don't have time to take breaks, they get too much email and they're wasting time in business meetings.
Limited resources and the need to do more with less is a hallmark of small businesses. In many cases, this fast-paced environment and ability to wear multiple hats are a few of the traits that make small businesses so desirable for the new wave of workers. However, it also means that small-business employees are under the constant pressure to manage a growing workload. According to the survey, the "always on" work culture forces employees to complete work they don't have time to do during the day and many have the desire to get ahead for the following day as to eliminate even more burnout. Read more on Foxnews.com
Monday, June 29, 2015
Wednesday, June 24, 2015
Tuesday, June 23, 2015
Tuesday, June 16, 2015
The word burnout gets thrown around a lot in business. But what exactly does it mean?
Burnout isn’t just the feeling of angst on Monday morning; it’s an acute condition that derives from chronic emotional stress at work. Researchers and physicians have characterized burnout as a state of exhaustion, ineffectiveness, cynicism, and reduced personal fulfillment.
Research from 2012 shows a strong negative correlation between burnout and job engagement. A burned-out brain can’t concentrate as easily or separate itself from problems. Because the brain’s emotional center connects to the thinking brain, burnout compromises innovation, risk assessment, and decision-making. But burnout doesn’t just affect the individual; its symptoms are contagious and can quickly infect your entire workplace.
How can business leaders prevent the productivity-crushing effects of burnout from plaguing their companies? While you can’t eliminate stress, you can monitor signs of burnout and identify vulnerable employees before they become chronically unhappy.
GET TO THE ROOT OF BURNOUT
Before you can combat burnout, you need to understand the source. Read the six main causes on Fastcompany.com
Tuesday, June 9, 2015
Success in your career can come from a number of things, many of which have little or nothing to do with your actual job description. There are proven ways to make a good first impression at work, and often decisions you've made before entering the workforce have a significant influence on your earnings and your job satisfaction. Beyond those types of factors, the day-to-day ways you interact with your peers and your boss can go a long way toward solidifying positive relationships — or tearing them down. The nonverbal communication you use, even you're not aware of it yourself, can serve as major signals to those around you if you're invested in your work, whether you're open to input, and if you have the confidence necessary to succeed in your office.
Dr. Travis Bradberry, a clinical psychologist who has become an expert in emotional intelligence, wrote a blog post on LinkedIn about some of the bad habits that cause more damage at work than you might think. Bradberry is a co-author of the book Emotional Intelligence 2.0, which describes this sort of knowledge as the following: "Today, emotional intelligence (EQ) needs little introduction. This 'other kind of smart' is the No. 1 predictor of success both personally and professionally. But knowing what it is and knowing how to use it to improve your life are two very different things." Read more on USAToday.com
Monday, June 8, 2015
The end of capitalism has often been imagined as a crisis of epic proportions. Perhaps a financial crisis will occur that is so vast not even government finances can rescue the system. Maybe the rising anger of exploited individuals will gradually congeal into a political movement, leading to revolution. Might some single ecological disaster bring the system to a halt? Most optimistically, capitalism might be so innovative that it will eventually produce its own superior successor, through technological invention.
But in the years that have followed the demise of state socialism in the early 1990s, a more lackluster possibility has arisen. What if the greatest threat to capitalism, at least in the liberal West, is simply lack of enthusiasm and activity? What if, rather than inciting violence or explicit refusal, contemporary capitalism is just met with a yawn? From a political point of view, this would be somewhat disappointing. Yet it is no less of an obstacle for the longer-term viability of capitalism. Without a certain level of commitment on the part of employees, businesses run into some very tangible problems, which soon show up in their profits.
This fear has gripped the imaginations of managers and policymakers in recent years, and not without reason. Various studies of employee engagement have highlighted the economic costs of allowing workers to become mentally withdrawn from their jobs. Gallup conducts frequent and wide-ranging studies in this area and has found that only 13 per cent of the global workforce is properly “engaged,” while around 20 percent of employees in North America and Europe are “actively disengaged.” They estimate that active disengagement costs the U.S. economy as much as $550 billion a year. Disengagement is believed to manifest itself in absenteeism, sickness and—sometimes more problematic—presenteeism, in which employees come into the office purely to be physically present. A Canadian study suggests over a quarter of workplace absence is due to general burnout, rather than sickness. Read the full article on Yahoo Finance.
Thursday, June 4, 2015
Global Employee Engagement Levels Have Plateaued, and Average Employee's Perception of the Work Experience is Deteriorating
Tuesday, June 2, 2015
Zig Ziglar sent an important message when he said, "The only thing worse than training your employees and losing them, is not training your employees and keeping them." Although many factors contribute to a negative employee culture, including poor management, lack of advancement opportunity, low pay, and other factors, there is another strong correlation: how well people are trained to do their jobs. It turns out, if people feel well-prepared and well-equipped to succeed in their roles, that feeling improves their morale.
Ziglar's message has some weight behind it. According to a recent Gallup "State of the American Workplace" study, only 30 percent of American workers are fully engaged in their roles. And, as we recently discussed, lack of engagement is one of the leading indicators of high turnover. The problem? Companies select and hire people, but then underinvest in-;or significantly underestimate-;the amount of professional development training necessary to help employees develop their personal skills and exhibit the organization's desired behaviors. The impact can be felt in two major ways: Read more on INC.com