One of our key goals over the past year has
been to share with our subscriber’s information to assist you in making quality
business decisions by providing current information on what is happening in the
work environment. Sharing how progressive
companies deal with their challenges will hopefully offer you solutions for the
future. One important area for HR is to
determine what is important to the employees.
In reviewing the data three key areas are deemed to be more important that
other areas. These include:
Employee Management Relations
With respect to employee management
relations, employees gave this area an importance rating of 84.6 (using a 1 - 100%
scale). A great many respondents believe that their manager will listen to
their point of view and assist them in growing professionally, are an excellent
mentor and coach. In addition, the
survey results indicate that management treats and respects all individuals. The
data also suggests that diversity is encouraged and has become a part of the
corporate culture.
Fair Compensation
Compensation is valued by employees at an 84.5%
rating (using a 1 - 100% scale). This
rating suggests that as business becomes more profitable employers will need to
respond to the pressure from their staff to increase merit pay. If not, companies may see a rise in turnover
due to poor pay practices. The data suggests that progressive compensation
practices are a key indicator of a productive organization. Ensuring that a company’s compensation
program remains competitive is an important issue that employers will need to
address in the near term, especially in circumstances where employees’
workloads and responsibilities have increased due to reduced staffing levels or
the realignment of the business.
Job Satisfaction
The data suggests that over the past several
years job satisfaction has become more important to employees. Enhancing and maintaining this satisfaction
with one’s job is critical to retaining talent and keeping employees engaged in
the success of the business. Job
Satisfaction is valued by employees at an 84.1% rating (using a 1 - 100%
scale). This rating suggests that
management will need to focus on activities that challenge, enrich and support
the development of the staff. This will
not only increase job satisfaction but better support both the internal and
external the customer.
In conclusion, employers today face extraordinary challenges with respect to managing the business and at the same time meeting the needs of their employees. Human Resources is up to the challenge and we will continue to be a partner with the business.
For a complete review of functional areas that are important to employees please see the chart below:
In conclusion, employers today face extraordinary challenges with respect to managing the business and at the same time meeting the needs of their employees. Human Resources is up to the challenge and we will continue to be a partner with the business.
For a complete review of functional areas that are important to employees please see the chart below:
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