Posts

Showing posts from February, 2020

Office Culture: Invest in Your Employees Part Three

Image
Everyone hears how managers and business owners should invest in their employees, but it can be difficult to do for a couple reasons. One obvious reason is financial constraints. Another reason is the worry that employees will be scooped up by another employer. The third reason is time constraints. Let's explore some of these reasons and how you can overcome some of these common hurdles. Part Three: Time Constraints In a perfect workplace, employers would be able to provide free workshops, classes, training, etc (with food!) during regular work hours for their employees. Unfortunately, this is not possible. A lot of companies are busy and every minute of the work day needs to be utilized to keep up productivity. So how do you invest in employees when there is not enough time in the day? 1. Utilize Breaks Not everything you offer has to be during paid work hours. Utilize a lunch break or the time right after the office closes to bring opportunities to your employee

Office Culture: Invest in Your Employees Part Two

Image
Everyone hears how managers and business owners should invest in their employees, but it can be difficult to do for a couple reasons. One obvious reason is financial constraints. Another reason is the worry that employees will be scooped up by another employer. The third reason is time constraints. Let's explore some of these reasons and how you can overcome some of these common hurdles. Part Two: What if they Leave? One of my favorite ways to look at this situation is: "What if we invest in our employees and they leave?" "What if we don't, and they stay?" There is always a fear that an employee can leave, but don't allow this fear to keep you from helping your employees reach their greatest potential. Here are three reasons you SHOULD invest in your employees: 1. Employees are your biggest asset. Go ahead and look at that payroll line on your balance sheet. Most likely it is pretty high in comparison to your other expenses. T

Office Culture: Invest in Your Employees Part One

Image
Everyone hears how managers and business owners should invest in their employees, but it can be difficult to do for a couple reasons. One obvious reason is financial constraints. Another reason is the worry that employees will be scooped up by another employer. The third reason is time constraints. Let's explore some of these reasons and how you can overcome some of these common hurdles. Part One: Financial Hurdles The term "investing" seems like it must cost money, but there are many ways to invest in your employees that are free or cost-effective. First let's talk about ways to actually invest in your employees. Look at them as a very close friend or colleague. What are the main areas you would want them to excel at? Some areas that come to mind are intellectual, social, career, family, financial and the list goes on. Now, look at your employee and where they are currently. Are they fresh out of college and still learning how to chart the waters of the profe