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Study Says Compensation is Top Reason for Job Satisfaction

5/27/2014

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According to a recent poll by the Society for Human Resource Management (SHRM), pay is now the No. 1 contributor to job satisfaction.  This is an important consideration for organizations as it signifies a change in what leads to employee retention...for the past 5 years, job security has topped the list.

Certainly, it's not only about a paycheck.  The value of an organization's benefits package including health care, retirement savings and paid time off are all part of the total rewards picture. 

But beyond that, other contributors to job satisfaction included the employee's relationship with their  immediate supervisors and "the work itself".  Guess it adds to the validity of the statement that employees don't work for the company, they work for their supervisor...plus a paycheck, of course! 






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Not Sure You Need HR?

5/16/2014

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Whether your organization is big or small, consider the impact that HR can have on an organization:
  • According to the ADP Research Institute, the average employment lawsuit exceeds $490,000...and the number of lawsuits have increased by 400% over the last 20 years.  You can't completely avoid lawsuits, but an HR professional can help you establish procedures and protocol to minimize the number and severity of cases.
  • A recent Forbes article stated the obvious - the best way to ensure strategy implementation is to hire the right people.  How do you hire the right people?  Have an orchestrated recruiting process (a key HR role).  
  • Got legislation?  The alphabet of healthcare (ACA, COBRA, ERISA) is enough to give all employers a headache, but then add a few more - FLSA, FMLA, and ADA and you've got a full blown migraine!  Any HR professional can help keep you out of legal trouble by making sure your organization is in compliance and procedures are established so leaders know how to keep in compliance!


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Overcoming Team Dysfunction, Part 3

5/7/2014

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In the last part of our series about team dysfunction, today we'll cover the last two of Patrick Lencioni's "Five Dysfunctions of a Team":  Avoidance of Accountability and Inattention to Results.

One of the things that has struck me most about these Five Dysfunctions is the significant impact that a lack of strategic focus has on each of them.  Without a clear direction, employees don't know which priorities to focus their efforts and that usually yields sub-par performance...and with the last two, that is even more prevalent.  

Avoidance of Accountability:  If employees aren't sure of the direction of the company or their departmental goals, how are they going to have leverage to hold others accountable?  Accountable to what? 

A team that lacks accountability 1) Creates resentment among team members who have different standards of performance, 2) Encourages mediocrity, 3)  Misses deadlines and key deliverables.

Maybe the most impactful way to improve accountability is to publicize the goals and standards...make it crystal clear what is expected and how everyone must behave to achieve the objectives.  Yet another approach is to regularly give reviews on progress - this helps in re-setting expectations for anyone going off track.   And finally,give rewards or recognition for progress along the way or for meeting important milestones.

Inattention to Results:  
Once again, the importance of clearly stated goals and objectives comes into play. 

A team that is not focused on results 1) Stagnates/fails to grow, 2) Rarely defeats competitors, 3) Encourages team members to focus on their own careers and individual goals.

Consistent with accountability, a focus on expectations and a clear picture of success is important, along with a public declaration of results.  And institute a process where financial rewards such as compensation or bonus are based on team completion of goals.  


Hopefully by spotlighting some of the key dysfunctions of teams, you can determine which ones are impacting your ability to achieve objectives...and you have some steps to take to get on the path toward success!



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    What You'll Find Here at ANOVIA

    ANOVIA is a word that I created from 2 Latin words, "nova" meaning new and "via" meaning path - a new path.

    The focus of this blog will be to share the knowledge, motivation and inspiration that will hopefully lead you and your teams on a new path!  The topics will be both professional and personal in nature.    

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