At the recommendation of the Alabama Society of Human Resource Management’s Wellness Director, I downloaded a copy of Wellbeing: The Five Essential Elements by Tom Rath and Jim Harter. The book describes the five essential elements of wellbeing (in order of importance) to be: Career Social Financial Physical Community The authors emphasize how each element is intricately interwoven with each other. Here are some tips for maximizing work wellbeing by seeing wellbeing from a holistic perspective: Don’t be a workaholic. “While you might think that people with high career wellbeing spend too much time working, they actually take more time
We’re working on a compensation project now with a company to redesign their exempt salary structure. When thinking about how to best design a system, it’s important to realize there are two key factors: Internal Equity– Are you paying people fairly compared to what other people within the organization are making based on the knowledge, skills and abilities required for each role? External Competitiveness– Are you paying what the market demands for certain knowledge, skills and abilities required for each role in order to recruit and retain people? Basic steps to consider when designing a compensation structure: You gotta do
We used to think leaders were born, not made. Now we know through training, coaching and mentoring the skills needed to be an effective leader can be learned. However, there are certain leadership situations, company cultures and team dynamics lend well to certain types of personality traits (“born” characteristics) that individuals possess that make a person more effective in their leadership role. One of the most common personality continuums discussed today is introversion/extraversion. A rundown of the dynamic can be seen here: Orientation of energy E EXTRAVERSION Energized when you are with people Talk out your ideas First
Being in a leadership role seems to be the ideal in most companies. Leading is what people strive for, and in most cases I think this is the norm because it is the only path by which advancement can take place. Want to move up and get paid more? Well then you have to lead and manage others. Another way to help people grow A client we’re working with is considering dual career ladders for the organization. With this organizational structure, there are advancement opportunities into the traditional route of leadership, but there is also a path by which people
We’ve spent the last few months here at The Point blog talking about Leadership Coaching. Posts have included a run down on what to look for in a coach, should you hire a coach, our coaching process, how to seek feedback, how to practice feedforward and how to address the most common coaching issues. Does coaching work? According to scholarly research in an examination of coaching effectiveness on 370 coaching participants, coaching produced results equivalent from moving someone from the 50th percentile to the 93rd percentile and which equates to being at least three times more effective than leadership training