Attracting and retaining quality employees is an important corporate mission for organizations that wish to succeed in a competitive marketplace. Therefore, effective business leaders help employees develop skills to advance their careers.
Employees want to feel respected and appreciated in the workplace. By promoting employee engagement and education, employers create a work environment where top performers motivate and inspire others. These star employees find new ways to accomplish organizational objectives and are motivated to develop novel solutions for meeting corporate objectives.
The following excerpts details 3 practices that effective business leaders use to keep employees happy and motivated in the workplace.
Practice 1: Lead With Impeccable Skill
Effective enterprise leaders have an uncanny knack for executing written plans and driving the company mission forward with success. This kind of foresight requires creativity, strategic thinking, vision and the willingness to take risks.
Dealing with problems as they arise requires business leaders to make resolute decisions quickly despite a multitude of available actions. This takes strong problem-solving and decision-making skills.
Effective decision-makers base their actions on a blend of intuition, experience, and logic, as well as an evaluation of facts and how actions will affect stakeholders. Executives who exhibit this kind of skill inspire confidence, causing employees to feel satisfied that their careers are secure and that their efforts serve a purpose.
Another important leadership skill is the ability to establish, and conform to, priorities and finite deadlines. This is especially critical for organizational leaders who must establish deadlines for employees. The ability to set and successfully meet goals and deadlines gives workers a sense that their organization is destined for prosperity.
Practice 2: Promote Employee Engagement
Positive engagement improves employee productivity by nearly 25-percent. Organizational leaders who nurture employee engagement also enjoy the benefits of reduced turnover and a safer working environment for employees.
Enterprises that employ leaders who effectively promote workplace engagement also experience less employee absenteeism and enjoy better product and service quality. These organizations also benefit from a 200-percent higher success rate compared to enterprises where employee engagement is low.
Engaged employees reshape work responsibilities in a way that highlights their strengths. In an engaged workplace, employees exchange ideas freely and work together to achieve company goals. These individuals also see a strong connection between the work that they complete and the successful attainment of organizational objectives.
Practice 3: Encourage Employee Education
By training and educating employees, business leaders inspire employees to feel connected with their work and strive for success in the workplace. Employee training and development are key to promoting profitability. In fact, engaged employees make it their mission to increase organizational profits.
Effective business leaders develop formal plans that aid employees in reaching their career goals. The leaders create and monitor personalized blueprints with definitive timelines that guide employees in reaching desired career objectives.
To aid in the process, business leaders identify and monitor quantifiable employee performance and training metrics to use as a tool for ongoing goal setting. The blueprint also helps business leaders identify and remove barriers that might hinder employees from achieving career or training success.
An Added Bonus for Employers
2018 is a year of remarkably low unemployment, making it difficult for employers to find and recruit skilled talent. Funding education and providing learning resources for workers who wish to advance their careers is one way to stand out as an employer. By providing educational benefits, employers reduce turnover and attract the attention of job seekers.
The cost to aid employees with educational expenses has dropped, and employers receive additional benefits for doing so in the form of tax breaks. For each dollar that employers spend on employee education, they receive a nearly 30-percent return-on-investment. Employers also aid employees with tuition expenses by establishing qualified tuition programs (QTPs), where workers set aside wages before taxes to pay tuition costs.
Effective organizational leaders take the initiative to promote an engaged workforce. These professionals advocate for employees and work with community partners to build connections that generate a native source of talented job candidates. This kind of work builds rapport with employees and communities, while, establishing businesses and their leaders and civic supporters.
Recruiting and retaining skilled talent is vital in today’s competitive marketplace. Therefore, innovative business leaders take a forward-thinking approach to recruitment by providing educational support and promoting employee engagement. These professionals pave the way for worker satisfaction and guide businesses toward success in an increasingly complex environment, where employers are grappling with ways to a finite pool of valuable employees.
Download the eBook and find out what makes people happy to go to work every day and give their best, with real answers from employees across the world.
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