Category: Performance Management

We provide full service talent management and talent development consulting services. Read our blogs in this category for stories and best practices from real clients and real research on Performance Management.

  • Experiences Over Stuff: The Better Rewards and Recognition Strategy

    Experiences Over Stuff: The Better Rewards and Recognition Strategy

    My 1st grader comes out of school most every day chomping on bubble gum. When I was a kid in school, gum at any grade level was strictly prohibited, so this peaked my interest.

    “Where and how did you get bubble gum?”  I asked one day when he got in the car.

    “I turned my penny in for it, my teacher gave it to me.” He said.

    Interesting.

    “How’d you get the penny?” I asked.

    “I helped clean up,” he said.

    I realized his teacher was using a method that is hot in HR now regarding employee rewards and recognition. Many systems allow bosses and peers to give employees points (i.e.- pennies) to cash in for things the employee (or first grader) desires.

    When I was in his class for open house a few weeks later, I realized that his teacher’s system is even more like the rewards and recognition tech systems on the market today.  You can save up your points (pennies) to earn bigger prizes. Four pennies gets you trip to the treasure box for a toy.

    My son never brings home a toy. He is still chomping away on bubble gum whenever I pick him up from school. Maybe he can’t ever earn more than one penny because he hasn’t done enough to be rewarded, but he is a child that gravitates towards instant gratification instead of the delayed variety.  As soon as he gets the penny, he cashes it in.

    And some of your employees may be like him, whereas others may hoard points or pennies for greater rewards.  Today’s tech-based rewards systems play to

    1. Personality and
    2. Personal preferences related to what “stuff” is most desired

    in an automated way.

    But this way still feels somewhat impersonal for some strange reason.

    The latest- and I think more interesting- trend in employee rewards and recognition revolves around experiences.  Because let’s face it, who really needs more stuff these days? We are flooded with stuff. And experiences are highly personal.

    I got a chance to see Blueboard in action at the #HRTechConf competing for the prize of the Next Great HR Tech Company.  They won my vote. They are reinventing the rewards and recognition space by focusing on a scalable and easy to use rewards system that gives away experiences not stuff.   

    And, wouldn’t you know, my 1st grader’s school is onto this trend too.  At their Fall Festival, many of the silent auction prizes were for experiences with different teachers at the school. Go get ice cream with Ms. Smith. Get to build a Lego farris wheel with Mrs. H. (aka- Lego Lady- we love her!).  

    You would guess correctly if you assumed that these door prizes had the highest bids placed. Forget the basket of actual Legos, parents know their kids would rather have an hour of Mrs. H’s undivided attention with the Legos.

    So I don’t know what came first- schools catching onto this motivational trend or companies. But, I’ll say, the experience of Vegas with my husband and the #HRTechConf with colleagues has been a much greater reward and motivator than the purse that I for a split second thought about buying while here. I’ll save my pennies for the next experience.

    What do you value more- stuff or experiences?

     

    Like this post?  You may also like:

    HR Santa Clauses Focus on the Employee Experience

    Tiny Homes, RVs and Millenials: What this all means to your employee benefit and engagement strategy

  • The Unattainable Work-Life Balance

    The Unattainable Work-Life Balance

    Is our elusive hunt for a work-life balance causing us undue stress in our lives and the lives of those around us?

    Generation X introduced the philosophy of the work-life balance in the 1970’s, and organizations and employees alike have spent the last few decades searching for that balance. But can anyone say they’ve found it?

    The major flaw with the work-life balance philosophy is that it’s based on the premise that your work self and your life self are two separate entities and to achieve balance, you must maintain that separation and seek a level of equality between the two.

    A study published in 2015 by the Harvard Business School and Stanford University showed that workplace stress can be just as harmful as second-hand smoke. If we’re bringing that stress home, imagine the impact it must have on our families.

    It took my thirteen-year-old son’s insight to show me that the struggle to achieve a work-life balance doesn’t just affect those trying to achieve it, it also affects everyone around them. About a year after moving to Huntsville from Northern Virginia I asked him if he was glad we moved. He told me that he was glad we moved and that his friends here were very different than his friends in Virginia. He explained how his friends here are more laid back, he could be more open with them without fear of them judging him, and how his friends from Northern Virginia were much more rigid and easily offended. His response both shocked me and made me realize just how much of an impact living in the rat race of the D.C. area had on my children.

    As the Indian Yogi and Poet Sadhguru said “There is no such thing as work-life balance- it is all life. The balance has to be within you.”

    The reality is that our work self and life self are two parts of the same whole and can never be fully separated. The Millennials have figured this out and taken the work-life balance philosophy and given it an overhaul. They have introduced us to the work-life integration philosophy. The work-life integration philosophy is a more synergistic approach, in which we must learn to blend our work self and life self into one cohesive unit.

    Many organizations are starting to buy into this concept and provide benefits to help employees integrate their work-life selves.

    • Evernote, a software company, provides their 250+ full-time employees with bi-weekly housecleaning services free of charge, $1000 annual vacation stipends, and a baby bonding program that provides an additional six weeks of paid leave.
    • SC Johnson & Son provides employees with concierge services, on-site childcare, flexible work hours & compressed work weeks.
    • Google provides on-site physicians, free lunches, massages, car washes, up to 12 weeks of paid leave, as well as $500 in “Baby Bonding Bucks” for new parents.

    While these examples are from larger companies, there are benefits that smaller employers can offer as well. I currently work with a client that offers their employees PTO hours in addition to vacation time. These hours are to be used for things such as doctor’s appointments, hair appointments, and parent-teacher conferences. They also provide a car wash service that comes onsite and employees can pay to have their car washed while they work.

    What benefits can your organization offer employees to help them achieve a work-life integration and reduce stress?

  • Career Development: A Resource For Talent Retention

    Career Development: A Resource For Talent Retention

    Guest blog written by: Steve Graham

    In a recent study, conducted by the Work Institute, career development was identified as the top reason people leave or remain with organizations. In their study titled, 2017 Retention Report, 240,000 employees were interviewed about factors that were most influential in their decision to stay with or leave an organization.

    For decades, organizations that have invested in developing their people also experienced higher market shares and lower turnover than competitors. Despite the positive data to support career development, many organizations continue to fall short.  Lack of growth is a common reason given during exit interviews for leaving. In a study conducted by Empxtrack, reviewing data from over a number of years and involving approximately 52,000 exit interviews, the research identified lack of growth opportunity as the second most given reason for leaving an organization. The study indicated that 22% of job exits were directly related to growth.

    The good news is that with a little more focus on helping people develop their careers, organizations can reduce turnover.  Fears that investing in an employee and then having them leave the organization is one of the most common excuses for not offering training or other development opportunities. The truth is that people will leave anyway, to find an organization that offers them opportunity.  Having a well-trained and engaged workforce does not happen without an emphasis on career development.

    Career development initiatives include: formalized training programs, mentoring, internal coaching opportunities, and other opportunities. The Society for Human Resource Management (SHRM) offers resources in integrating career development within an organization.  According to SHRM, having a designed career development path for employees allows managers to address gaps in training.  This is helpful in preparing people for promotions as well.

    Career development impacts performance. When people feel like their organization cares, and is focused on their development, it creates a deeper level of engagement. This increases the level of commitment on reaching individual and organizational goals.  Helping people become their best can help your organization stand out.  Designing a culture that supports career development also enhances your employer brand.

    Here are some basics steps in creating a career development focus:

    1. Know your people. Take time to learn them as individuals.
    2. Conduct a career path inventory and find out where they want to go.
    3. Use technology to create learning opportunities.
    4. Search for outside assistance and resources.

    Resources include, but are not limited to, workforce development programs, degree programs, mentoring, and career coaching.  The National Career Development Association (NCDA) is a great place to start.  The world of work is changing and organizations need to be in better alignment with the needs of their people. If an organization is not offering career development, people will find it elsewhere. They will seek places of employment that embrace their individuality, interest, and goals.

     

    About the Author: 

    Steve Graham serves as vice president for marketing, HR business partner and college instructor. He holds graduate degrees in management and higher education. As a life-long learner, he has additional graduate and professional education in executive and professional coaching, health care administration and strategic human resource management. Steve is also the Founder and President of Valiant Coaching & Talent Development, LLC.

    He is a certified HR professional with The Society for Human Resource Management, certified coach with the International Coach Federation and a Global Career Development Facilitator. His professional memberships include: The Society for Human Resource Management, the American Society for Healthcare Human Resources Administration, Association for Talent Development and International Coach Federation.

  • Laughter is the Best Gift You Can Give

    Laughter is the Best Gift You Can Give

    Returning home from the HR Tech Conference proved to be a challenge when it came to weighing our bags. One bag weighed too much.  How did this happen?  It wasn’t that way coming.

    It was all the swag from vendors!

    I was impressed by the vendors’ creativity in designing their gifts. I didn’t even have to buy a souvenir for my kids. I snagged a backpack for my son, nail polish (bright purple and pink, no less) for my daughter and a coloring book and colored pencils for them both.

    I got a monogrammed luggage tag for me, a personalized t-shirt that states “HR Llama Don’t Want No Drama” with a cool looking llama on it, two mini bottles of champagne, two cool water bottles and the customary hugger for my husband. Why he loves to collect those things, I don’t know.

    But, by far, the best gift was at the Globoforce booth. I like their mission and mindset anyway, so I was planning to stop by their booth regardless. But their marketing took the cake.

    Basically, the way their prize worked was that two young and lively staff members where there encouraging you to spin a large wheel. There was only one actual prize on the wheel which was a paid trip to the Work Human Conference. The rest were phrases that described things that could go on in a typical workplace. They asked me a series of engaging questions to get to know my workplace, then asked me to spin the wheel.

    I missed the conference trip by one tick, but what I got was an improv skit from the two staffers based on the information they got from me and where the wheel landed.  IT WAS HYSTERICAL!

    It was more memorable and a lot lighter (pun intended) than anything I took away from other vendors.   Which would lead me to use them before I used any other vendor in their space.

    Laughter really is the best gift.  Especially when it’s so on point with your mission to make the workplace more human.

    Kudos Globoforce.

     

    What do you do to make your workplace more human?

  • 7 Ways to Supercharge Your Employee Engagement

    7 Ways to Supercharge Your Employee Engagement

    Written by guest blogger: Steve Graham

    In most businesses, an “Employee Engagement Survey” goes out once per year to determine how engaged employees are with their jobs. The survey seeks to determine whether a person finds their job rewarding, feels like they have a real stake and interest in the company and cares about the overall success of the company.

    And while these surveys are certainly a step in the right direction, they fail to create a holistic culture of engagement within a company. After all, if the subject of engagement is only broached once per year, it’s not going to be particularly high on the radar of company leadership or employees.

    This is a significant mistake.

    More and more research is showing that high levels of employee engagement produce exponential business results. A worldwide study by Gallup determined that engaged employees are far more productive, profitable, and dedicated to customers than those who aren’t engaged. The study also found that low engagement leads to more absenteeism, quality assurance problems and safety issues.

    Additionally, Gallup determined that companies with more engaged employees are far more profitable. They took all the companies from their studies with a positive engagement score and broke them down into three groups, then compared the company’s earnings to industry competitors:

    Those in the lowest engagement group outperformed their competitors by 19% on average. However, results among those in the higher engagement groups were far more impressive; median earnings among those in the “top decile/exceptional growth” group were more than four times those of their industry competitors.

    In other words, even those companies with the lowest amount of positive engagement still outperformed the industry.

    And yet, so many employees are not engaged with their jobs. They go to work, straggle through the day, come home and live for the weekends. Clearly, something is out of order.

    So how can companies create more employee engagement? How can they make it a strategic issue that is present every day of the year? How can they help their employees be more profitable, productive and happy?

    Here are 7 suggestions for supercharging employee engagement.

    #1. STAY CLEAR ON CORE VALUES

    Without a sense of clear and compelling core values, employees will have no purpose in their jobs. They will feel somewhat aimless, unclear as to what exactly they’re trying to accomplish. Gone are the days when all employees cared about was having a job to go to. Now they want to know that what they’re doing actually matters.

    This is why companies with a specific and motivating mission have thrived. Toms, for example, donates one pair of shoes for every pair sold. Zappos teaches about and rewards their employees for astounding customer service.

    The starting place for employee engagement is giving employees a compelling vision of the core values and the behavior that should flow out of those core values. If these are muddy, engagement will stay low.

    Lisa Earle McLeod wrote the following about millennials in the workplace:

    The millennials are telling us what we already know in our hearts to be true. People want to make money, they also want to make a difference. Successful leaders put purpose before profit, and they wind up with teams who drive revenue through the roof. In other words, give people a purpose and profit will follow.

    #2. KEEP UP THE COMMUNICATION

    A company can’t expect its employees to be deeply invested if they never hear from company leadership. As noted previously, employees want to know that their efforts are making a difference. They want to see how their work is impacting the company. They also want to constantly be updated in terms of where the company is headed and what initiatives are underway.

    Company-wide communication also gives leadership a great opportunity to recognize outstanding performance, which in turn fuels more engagement.

    Consistent feedback from company leadership allows employees to have a sense of what matters to the company and how they can be more invested. An absence of communication leads to employee stagnation.

    #3. PROVIDE MANAGERIAL COACHING

    One of the biggest differentiators in terms of employee engagement is management. In fact, it is so significant that Gallup notes:

    Gallup has studied performance at hundreds of companies and measured the engagement of 27 million employees and more than 2.5 million work units over the past two decades. No matter the industry, size or location, companies are struggling to unlock the mystery of why performance varies from one workgroup to the next. Performance fluctuates widely and unnecessarily in most companies, in no small part from the lack of consistency in how people are managed.

    In other words, poor or absent management inevitably leads to unengaged, uninterested employees.

    To combat this, managers need to be closely involved with their employees without micromanaging. They need to learn the art of constructive feedback, as well as know how to consistently praise good performance. Saying that you’re a hands-off manager can sound somewhat noble, but in reality it can be problematic. Employees want a manager that is helpfully engaged.

    #4. HELP EMPLOYEES GROW

    Employees who never progress in their skills or knowledge will inevitably feel bored and left behind. On another hand, companies that encourage employees to improve skills and learning will see engagement improve significantly.

    There are numerous ways to help employees grow, including:

    • Encouraging additional schooling, such as a graduate degree or certification.
    • Giving employees time to work on passion projects.
    • Providing a stipend for employees to invest in books or courses.
    • Supplying on-site learning for new technology.

    This touches on the previous point. Today, employees want more than just a job. They want an occupation that fills them with passion and purpose, something that engages them on both an intellectual and emotional level.

    Giving opportunities to grow allows them to experience this fulfillment.

    #5. CREATE AN ENJOYABLE TEAM ENVIRONMENT

    Employees spend more time with their coworkers than almost anyone else, usually spending 40+ hours every week in close proximity with them. The quality of the team environment dramatically impacts engagement levels. Teams who are deeply connected will feel much higher levels of commitment and engagement than teams who focus solely on work.

    How can companies foster a supportive team environment? There are numerous ways, including:

    • Team activities outside of work hours (sporting events, concerts, dinners, escape rooms, etc.).
    • Friday celebrations, where food is brought in and weekly wins are celebrated.
    • Team retreats to focus on strategy and experience fun.
    • And many more…

    The purpose is simply to build an atmosphere of hard work, trust, fun and teamwork. Being part of a great team leads to increased engagement.

    Shada Wehbe puts it this way:

    A teamwork environment promotes an atmosphere that fosters friendship and loyalty. These close-knit type ambiances motivate employees in parallel and alignment to work harder, cooperate and be supportive of one another. Individuals possess diverse talents, weaknesses, communication skills, strengths and habits. Therefore, when a teamwork environment is not encouraged this can pose many challenges towards achieving the overall goals and objectives. This creates an environment where employees become self-absorbed in promoting their own achievements and competing against their fellow colleagues. Ultimately, this can lead to an unhealthy and inefficient working environment.

    #6. SHOW APPRECIATION FOR HARD WORK

    Fewer things deflate employees faster than not receiving recognition for a job well-done. Humans are wired to respond to praise, and a lack of praise can lead to dissatisfaction and discouragement. This is common sense, yet so many managers neglect the simple act of showing appreciation for a job well done.

    This recognition doesn’t need to be overly complex or involve some sort of elaborate ceremony. Gallup notes:

    Gallup’s data reveal that the most effective recognition is honest, authentic and individualized to how each employee wants to be recognized. Acknowledging employees’ best work can be a low-cost endeavor—it can be as small as a personal note or a thank-you card. But the key is to know what makes it meaningful and memorable for the employee, and who is doing the recognizing.

    Employees who feel appreciated will be far more engaged than those who feel ignored. A simple, “Good job!” goes a long way.

    #7. LET EMPLOYEES BE HEARD

    Employees want to know that their thoughts and ideas matter—that they’re not simply a number or a cog in a machine. One way to give them a sense of identity is to give them a voice. Companies with a system that allows for meaningful employee feedback will have significantly more engagement than those who ignore employees.

    After all, employees are usually the ones on the front lines, interacting with customers on a daily basis. They know the struggles and successes and areas where improvement is needed. Creating a feedback system where suggestions are heard and implemented can make a significant difference in employee engagement.

    CONCLUSION

    The extreme opposite of an engaged workplace is an assembly line. Employees perform a single action repeatedly, with little sense of value of accomplishment. They are simply one piece in a much bigger machine. And while most companies are not that extreme, those who ignore employee engagement risk creating an assembly-line-like environment.

    Engagement matters. It matters to the employees, to the managers and to the bottom line. Failing to work toward it only hurts a company in the long run.

    Increase engagement, increase your bottom line.

     

    About the author: Steve Graham serves as Vice President for Marketing, HR Business Partner, and college instructor. He holds graduate degrees in management and higher education. As a life-long learner, he has additional graduate and professional education in executive & professional coaching, health care administration, and strategic human resource management.

    He is a certified HR professional with The Society for Human Resource Management, certified coach with the International Coach Federation, and a Global Career Development Facilitator. His professional memberships include: The Society for Human Resource Management, the American Society for Healthcare Human Resources Administration, Association for Talent Development, and International Coach Federation. LinkedIn.com/in/hstevegraham