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Reduce Employee Turnover and Produce a Great Employee
For so many businesses in the United States it is the same picture they see year in and year out. Employees come, get trained, start to be efficient at work and then they leave. The company needs to train somebody new. To reduce employee turnover and produce a great employee, many things need to be established within a company as a support structure.
Many companies so often neglect to ask and wonder what their employees might like or think would be helpful to make their work environment and conditions positive ones. Whether owning a small or a large company, your immediate concerns probably lie within making profits to be able to keep the company running and to be able to pay your employees. Of course, running a company takes a lot of effort and work hours spent solely on that. But every time one of your employees leaves, you loose capital--capital you have invested in his or her training and knowledge. The knowledge capital you loose is all the information that the employee has absorbed during his or her employment at your company and all the new skills he or she might have added during the course of his employment. So how can you make your company and working for your company more attractive and also produce great employees?
There are many ways that this can be accomplished, most of them are rewards to the employee, but others that are just as important include the atmosphere and conditions at the workplace. This article will discuss just a few of the many possibilities you as an employer have to keep employee turnover low. For most employees, considering that they have an expectation towards the standard of living they have, a competitive salary is an important point. If you only pay minimum wages or never give raises and rewards, it is very unlikely to hold good employees that can make a lot more money somewhere else. To make their time worthwhile after hiring, you need to know what a competitive pay is and pay them either the average pay or slightly more. As for raises, raises together with evaluations will tell the employee that his or her effort and all the hard work he or she put into your company is appreciated. It also tells the employee how good his work is and what you will expect from him in the years to come. To produce a good employee, it is important to give the employee feedback on his work.
Some companies reward their employees with bonuses for accomplished tasks or finished projects. Other companies will give their employees an award at the end of the month or year and generally attach a small bonus to that. Also consider a good benefit package. Many employees look for the benefits that companies offer to them and their family to make a decision whether they should work for this company or choose a different one.
Often times, vacation is very important to employees. To be a motivated and good worker, employees need to spend time with their families or the things they love, like hobbies or sports. Yes, of course you would like them to work 60 hours for the 40 you pay, but consider this: an overworked overtired employee is most likely not able to work fast and efficient. That person also tends to be more error prone and unmotivated. Time off work to relax or regenerate is very important. Companies that offer ten days are often at the top of the list for employee turnover. Some companies offer flexible work times to accommodate for many different characters and situations at home. The employee that likes to come early and leave early versus the employee that likes to sleep long and then leave somewhat later feels just as welcome in this company or setting.
Besides all these added factors, the work environment also plays a great role in producing great employees and reducing turnover. A respectful and good working environment is very important to keep employees happy and motivated. You know that a happy, motivated employee works better, faster and makes fewer mistakes.
Job Hunt Challenges for the Over 50 Crowd If you have just recently lost a job or maybe are not happy with the job you are currently holding, you are going to be on the hunt for a new job. Hunting for new job is never easy, whether it is your first or your tenth job. You know that it takes a good amount of preparation till you might hold another permanent job. But for the older crowd, especially the crowd over fifty, the challenge of finding a new job is even greater. Explore some of the facts why it is more challenging to find a job after 50. Starting out by the age factor, many companies want young and dynamic employees that are open to new and challenging tasks. Many employers believe that a person over 50 is set in his or her ways and therefore not able to tackle the same great tasks that might open up as a young, fresh out of college open minded person. A person over 50 is closer to retirement and might not want to take any risks as a young career fresh from school employee. Risks are sometimes what a company needs to get forward, new ideas, new thinking. Another reason is the salary competition. If you are over 50 and looking for another job, you most likely have a lot of experience in you sector. Experience usually is measured in money and the salary for an experienced person is generally higher than a starter salary. While experience is desired, some companies can just not afford to hire somebody for 10-20 thousand dollars more than they can get the fresh from college employee. If you lost your job, you might accept one of the lower salaries, but while you are in the application process, the human resource person reading your résumé does not have that information about you. Some of the bigger companies get scared by the fact that you are really close to retirement and if there are certain retirement plans and structure in place at a company, they might not want to hire you. You could retire within 10-15 years or less and then the company is stuck with paying you retirement payments. Hiring a younger person instead guarantees them no retirement payments or plans for retirement in general for the next 20-30 years. From the employer’s side, these are great savings for their pocket. Another reason often seen from employers as a reason not to hire a person over 50 is that the person they are hiring might be more prone to sickness and take more sick days than a young person. Why would they think that? Statistics have shown them that the tendency for time off due to sickness is greater for people crossing the age threshold of 50 years versus younger people. Be honest, being over 50 means for most people more aches and pains all over the body. You are more tired and get exhausted quicker. So if you do get a chance to go to an interview when looking for a new job, you need to make the best out of it. Besides all the factors mentioned above, a person that is over 50 and is looking for a job can be a great addition to any company and you need to make sure that you let your interviewer know that. An interview is a great challenge and can be mastered quite well if keeping these thoughts that employers have in mind. Emphasize the fact that you do bring experience and connections. Let them know that if they hire you, they get a person that at least is settled in life. You have had all your children, or did not want any, but at least you will not be missing because of pregnancy, birth of a child, and sickness of a young child or similar events. Getting Paid to Work for Yourself: Writing Grants and Grants for Writers (grants for writers) Do you have a fantastic idea to improve the world? Are you frustrated because no one is addressing the issues that you know are important? Writing is a powerful tool that can bring change and improvement to the world. Grants are available from various sources in order to fund important work that is not being done in the corporate world. If you are inspired to make improvements and make life better, you may be an ideal candidate for grant writing. How Do Grants Work? Grants are sums of money awarded by the government or other entities to those who can use that money effectively. Candidates for grants are usually those who can serve their community with the money given to them. The way it works is that you start with an idea. Your idea could benefit your community in areas that range from tourism to health care. If you have the capabilities to implement your idea, you then decide how much money it would take to do so. At that point you begin to write. You must convince those with the grant money of why they should give it to you. The writing of the grant may be the most important step in the process of receiving that grant money. Writing a Grant Writing a grant is a very precise process. It involves explaining very clearly what your idea for improvement is as well as why it is a worthwhile pursuit. In the actual grant writing, you must be very clear in your explanations as well as persuasive in your arguments. You can find actual templates or set up guidelines online or in style handbooks. Those resources will help you ensure that you are following proper procedures in writing grants. Grants for writers are potential job opportunities. Since some brilliant minds do not necessarily have the appropriate writing talent, they may hire a writer to actually complete the grant proposal. Writers have more opportunities to enter into the grant writing process than just being the executer though. Is it Possible to Get Grants to Write? Grants for writers are definitely available. What would you write that would be worthy of a grant? There are many possibilities. You may be able to write a guidebook that fulfills a community need. A tourism guide would be of particular interest to the government. Keep in mind though, that only unfulfilled needs will merit grants. Grants for writers are not given to those who are writing redundantly on a topic or who are writing about an issue that no one cares about. You may be thinking that writing is free. Aside from the actual printing and publishing costs, there is no money required to produce text. Especially if you think of writing as opposed to creating a clean burning engine, the costs are not even comparable. The great thing is that even if you don’t need very much money to get the words on the page, there are grants available just to write you a paycheck. On top of any costs incurred through research and development of your ideas, you will also get paid should you be awarded grant money. There are two different meanings for the phrase, ‘grants for writers.’ A grant may need to be written by a qualified writer. The other possibility is that a writer could actually be awarded grant money for their contributions. Writing is a powerful tool. It can persuade and benefit people from where it sits on the page. For that reason, writers and grants are inseparable. If you have a great idea that needs funding, consider writing a grant. If you are not a writer yourself, be comforted by the fact that there is someone out there who can do the writing for you. |