Tuesday, September 29, 2015

5 Reasons Your Millennial Employees are Quitting

Can't seem to keep your millennial employees engaged at work? It may be because of one of these 5 reasons.

More than 1/3 of the United States workforce is now between the ages of 18 to 34, indicating millennials have now surpassed Generation X to represent the largest share of the American workforce. Unfortunately, today's business leaders are not well-equipped to deal with the mindset and motivations of this new generation.

But some companies have figured it out and know how to maximize the unique talents and needs of millennials. Infusionsoft, a small business email service provider located in Chandler, Arizona, is ranked as one of the "100 Best Workplaces for Millennials" by Forbes. Game rooms and snacks are only part of the equation. The employees at Infusionsoft report enjoying a fun and cooperative work environment, feel that they are genuinely appreciated for their contributions, and also have the ability to take time off work when needed.

Unfortunately, too many companies simply assume what millennials want and barely scratch the surface when trying to recruit and keep them. Companies offer perks millennials simply don't value, while skimping on what does matter. This can create mass turnover for many companies. To stem the flow of quality employees leaving your organization, here are five reasons your millennial employees are quitting--and what to do about it. Read more at INC.com

Wednesday, September 23, 2015

Goodbye nine to five, hello work-life balance

Employees want flexibility and freedom from outdated work practices. For this to happen, organizations must empathize with the individual.

So many of our current working patterns are hugely outdated. The idea of “nine to five” was conceived during the industrial revolution, prior to the invention of electricity, never mind the internet. Our culture of presentee-ism was born out of conformity, rather than evolving working patterns into what we truly need, both in terms of motivation and productivity.

Large organizations embrace a fixed regime of regimented hours and a single office space because it enables them to retain control over their workforce. Big businesses that allow employees to work from home on Wednesdays, leave early on a Friday, or work a four-day week are not offering true flexibility, they are merely extending the leash. But the tide is turning: people are now taking the matter of work-life balance into their own hands. One in seven workers in the UK has chosen self-employment as the most effective means to take control. Read more on The Guardian

Monday, September 14, 2015

De-stress your workplace

Workplace stress is a silent killer that is plaguing India Inc. Stress in the context of a workplace is anything that stretches an individual's ability to cope. But not all stress is bad. A balanced stress does drive exceptional performance. Dis-stress is when the intensity of stress is so high that an individual exhausts their coping potential. Dis-stress is the number one lifestyle risk factor among Indian workers. As per a recent study by Towers Watson, it ranks above physical inactivity and obesity at the workplace. More than 10 out of 25 people feel that excessive workload is the biggest cause while 2 out of 5 attribute it to inadequate staffing. That is not all. There are other factors like unclear job expectations, overwhelming work demands, technology that expands availability beyond normal work hours, which are identified as top reasons for stress at workplace.  Read more here.