HR Presentation
Transcript: Traits of effective leaders (Schiffman, 2011) Basic Assumptions Get into 2 groups and decide what order the following factors rate from least important to most important to employees... taken for granted assumptions How they create culture at Various types of Non- financial rewards Business Innovation... deepest level Source: The Cornerstone On Demand 2013 U.S. Employee Report Attract the best and the brightest Personalized thank-you -Team leader -supervisors -Chiefs (Ink house, 2013) Strong/supportive Leadership Artefacts job enrichment clothing -promotions -opportunity to develop skills -feeling appreciated -formal recognition -opportunity for career growth -good manager How culture is created (Layers) (Business insider Australia, 2013) Flexible work weeks Answers Tell employees how to feel and perceive things Job rotation (Hor & Keats, 2008) 1. Flexible remuneration programs 2. Desirable Culture 3. Innovative environment 4. Acknowledgment of success 5. Strong Leadership 6. Job design 7. Flexible work weeks 8. Work/life balance 9. Career pathing 10. The Exit interview Greater sense of autonomy Job design (Waddell, Cummings & Worley, 2011) Work/life Balance Values (Compton, 2009) Hor, J. & Keats, L. (2008). Finders Keepers: how to attract and retain great employees. Sydney: CCH Australia Ltd. Fowler, Kellie, Motivating and managing the generations. Magazine of Physical Therapy, 12 (3), pp34 Dyck, Toban.(2012, October29)Staff retention(REWARDS).Maclean's, Oct 29, 2012, Vol.125(42), p.52(1) Compton Robert(2009,December) Effective recruitment annd selection pratices 5th edition.CCH.Australia.p.208-2011 Facer II, R & Wadsworth, L (2010) Four day work weeks: current reaseach and practice. Connecticut Law Review. 42(4) pp1031- 1046 DOH, Department of Health (2006) Achieving work life balanceRetention and attraction strategies for WA Health. From:http://www.health.wa.gov.au/worklifebalance/docs/Retention.pdf Dartmouth( 2008 ,May)The Exit Interview .From: Process.www.dartmouth.edu/~hrs/manager/toolkit/employeeleaves/exit_interview.pdf Forbes (2013) No career path, no retention. From http://www.forbes.com/sites/sylviavorhausersmith/2012/11/12/no-career-path-no-retention/ WebFinance, Inc. (2013) Employee Retention definition. Retrieved from http://www.businessdictionary.com/definition/employee-retention.html The Cornerstone OnDemand 2013 U.S. Employee Report Retrieved from http://www.astd.org/Publications/Magazines/TD/TD-Archive/2013/04/Intelligence-What-Motivates-US-Employees-to-Stay-at-Their-Jobs Activity Essential Actions for Creating Work Life Balance Conclusion (Compton.et.al, 2009) Financial reward PR/Media Firm- medium sized -Employers are becoming more aware of the advantages of flexible work hours - Made possible by new technology, which allows employees to work remotely -“Telework”=employee completes some or all tasks off site, pros are a reduction in pollution and road congestion cons are the possible lack of engaging with work culture (opposing views) -One study showed nearly 80% of employees on compressed work weeks are pleased with their schedule, -Studies show allowing more family time/ long weekends, can affect performance positively and mental health of employees (Facer & Wadsworth, 2010) systems & processes Gourmet restaurant can take your pets to work employees can give each other massage credits for a job well done on projects, there is a massage center on site Every Friday employees can unwind and socialize with free beer and wine Maternity leave for mum and Dad plus a bonus Free fitness classes, gyms, and organized intramural sports Free personal assistant service language - Sociable - Conscientiousness - Emotional stability Career pathing Innovative Environment Retention: Week 11 Amy & Tan (Forbes, 2013) (Hor & Keats, 2008) Periodic day(s) off Diversity (age/culture) -Essential component of your life-long career management. -Where will I Be after spending.....here? -Clearly defined career path unwritten rules of behavior Challenge Can be in form of financial or non-financial reward The objective is to satisfy employees ego needs for: reputation, status, self esteem and recognition The Ink House (USA) Valuable gift -Jewelry -Vacation trips 1.Flexible Remuneration reduce repetition and mechanistic tasks Google- The 80/20 rule allows 80 per cent of time to their primary job and 20 per cent working on passion projects that they believe will help the company (business dictionary.com) Promotion -Improve status -enhance self- esteem (Hor & Keats, 2008; Trading economics, 2013) 1. Internal hiring 2. Remove obstructions 3. Open communication 4. Overseas transfers 5. Deferred bonus scheme Provides intrinsic rewards through motivation and encouragement Bonuses -Money -issue Shares/ dividends (business dictionary.com) 10 strategies in 10 minutes! -Flexible working hours -Providing more part time jobs with more shifts and less working hour -Flexible leave arrangements- Sick leave, wedding (DOH, 2006) Norms