How to Keep Your Team Motivated - Green Key Resources

06Jun

Green KeyGeneral Interest, Green Key News, Leadership + Management, Worklife

In a time when the job market is rapidly changing, layoffs are occurring in waves, and times are still a bit uncertain, it’s normal that your staff might need a little extra motivation in the workplace. If you’re an employer or manager, and feel like your staff is working on autopilot, there are ways to keep your team motivated with a clear head and productive environment.

Incentive programs

Reconfiguring bonuses and raises can help keep your team focused on their goals and work quality. For instance, if your organization generally gives bonuses around the holidays, consider splitting up the bonuses into a quarterly earning. Knowing an extra paycheck is coming every few month is an incentive to your employees. This can also be considered with commission structures.

Early communication

Always try to communicate early with your team if you know of any changes or slowdowns in the company or market. Keep an open line with between staff and manager. Employees respond more positively when they know their superiors are remaining empathetic and keeping their best interest at heart.

Growth opportunities

Your team members want to know advancement is in their future. Always be sure that you’re checking in on their performances every quarter in order to remind them of their growth opportunities. Knowing that a promotion or higher position is on the horizon will keep them motivated in the workplace. If possible, it is also ideal to offer employees assistance in obtaining a new degree or licensure to climb in their career.

Accepting failure

Try to support your employees when they have fresh, new ideas, even if you’re not quite sure how they will play out. They want to know their managers are not only listening, but taking them seriously as well. Indeed says, “If you criticize or publicly blast your employees’ failures, they’re going to lose the motivation to try something new. Accept that taking risks comes with some failure. Use it as an opportunity to learn and improve next time, so employees feel comfortable taking risks in the future.”

Professional Support, Worklife

Jun 6, 2023

Job Trends Are Slowly Headed In the Right Direction

Professional Support, Worklife

Jun 6, 2023

Job Trends Are Slowly Headed In the Right Direction

Strong hiring by the staffing industry helped employment continue its upward trend in July, the third consecutive month The Conference Board’s Employment Trends Index (ETI) has improved.

In July, staffing firms in the US added 143,700 new jobs. The growth was second only to the half-million workers brought on by restaurants and bars. The majority of those workers were laid off when businesses were ordered to close.

The Employment Trends Index is now at 50.89, a rise over June of almost 9%. In February, a month before the government all but essential business to close and people to stay home, the Index was at 109.22. In March, the Index fell to 42.39, a low not seen even during the height of the Great Recession.

A second Conference Board measure, its Help Wanted OnLine (HOWL) index has improved by almost 16% since hitting a six year low in April. The Index, which measures changes in advertised online job vacancies, is now at 90.2. In February, the month before the government ordered businesses to shutdown, the index was at 109.4.

This shows that more employers are looking to hire.

EMSI, a provider of labor market analytics, suggested the job market might be even stronger. It’s analysis of new job postings, released earlier this month, says the number of jobs advertised online in July was 3% higher than at the beginning of the year.

“New job postings are inching back to normalcy in a highly abnormal time,” EMSI said.

In another positive sign, new claims for unemployment last week fell below 1 million for the first time since March.

“Even though we’re exiting the worst of the current crisis, we’re still above the worst of the Great Recession,” Daniel Zhao, senior economist for the career site Glassdoor told The New York Times.

Though slow and erratic, the reopening of businesses points to an improving, if fragile, economic climate. Continued improvement, however, depends on multiple factors, especially the success at controlling the spread of COVID-19. There are more than

Offering a gloomier outlook, Gad Levanon, head of The Conference Board Labor Markets Institute, cautioned, “Despite increasing again, the ETI’s July results mark a small improvement compared to the gains made in May and June.”

He sees a slowdown in job growth in the coming months as the boost the indices received from business reopenings begins to taper off.

[bdp_post_carousel]

Read Continue

General Interest, Green Key News, Healthcare, Worklife

Jun 6, 2023