Every year, we make resolutions to change bad habits into good ones. The turn of the year is a perfect time for this if you’re looking to kick things up a notch in 2023. These changes are aimed at improving your HR processes and environment. This change is necessary. But how do you know which changes you should make?
Post-lockdown life has definitely made an impact on the workforce. With new terms like the Great Resignation and quiet-quitting, it can be hard to make sense of this ever-evolving time in history. It’s time for companies to be nimble and fully embrace innovation, or they may get pushed to the back of the crowd. Continue reading to learn how you can make changes to your business to ensure a successful 2023.
Increased Focus On Diversity, Equity, And Inclusion
In the business world, diversity is a buzzword. The term shows up in mission statements, corporate social responsibility reports, and on conference panels. However, the lack of meaningful change in the numbers – and people – offers evidence that talk is cheap. Inclusion in the workplace must start with management and core company values. It’s critical that we find ways to create more inclusive work environments and to encourage diversity in our companies actively. If we don’t, we may lose out on having a diverse workforce. If we do, however, we can make great strides toward empowering employees and promoting acceptance of different backgrounds, genders, cultures, races, and ethnicities in our businesses.
Diversity can contribute to the bottom line of a business by:
- Improving employee satisfaction and engagement
- Developing leadership skills across the organization
- Creating opportunities to understand different perspectives
- Helping you recruit top talent
- Improving team dynamics
- Reducing turnover
- Increasing market share and connecting with diverse customers
These are all positive things that contribute to long-term success.
Continuation Of Hybrid And Remote Work
If you haven’t heard yet, hybrid and remote work schedules are here to stay. In fact, they’re desired. Flexible work schedules allow employees to work from home, giving them far more control over which hours they choose to put in. When it comes to small business owners, this means having a greater ability to drive an organization while having the flexibility to take care of family obligations (and vice versa). Other important needs such as exercise, meals with friends and family, and even getting outside for a walk (not just an inside stroll around the block) are all necessary components of a happy life. These are made easily accessible with remote work.
Overall, a culture of work/life balance helps with employee productivity and engagement. Key benefits include:
- Lower costs for businesses (leasing a building) and employees (commuting costs)
- Lower environmental impact and improved sustainability
- Control over your office environment
- Improved productivity and performance
- Happier and healthier life
- Better work-life balance
- Easier recruitment and access to a larger talent pool
- Increased employee satisfaction and better employee retention
Boosting Employee Skills
According to the Society for Human Resource Management (SHRM), hiring managers consider soft skills to carry more weight in the hiring process than in previous years. These skills consist of empathy, emotional intelligence, mindfulness, adaptability, self-motivation, and resilience. These skills are seen as an even greater asset compared to hard workforce skills such as technical capabilities. Why? Because it’s harder to teach soft skills versus technical skills.
Look for candidates that have these soft skills and then teach technical skills. Some ways in which you can boost these technical skills are by having your employees attend courses, seminars, and webinars.
Wellness-Focused Employee Benefits
Since the pandemic, wellness has become a huge focus for most individuals. They’re realizing that work-life balance is a must and that work shouldn’t equate to stress and discomfort. In fact, a 2017 study from the University of California Riverside suggests that corporate wellness programs can boost employee productivity and satisfaction by empowering them to take care of their health in a way that fits their busy lives.
You can achieve a wellness-focused work environment by providing:
- Exercise and physical training opportunities
- Nutrition coaching and advice
- Mental health support or mental health days
- Stress management education
- Office environment enhancement
- Remote or hybrid work
- Better PTO policies
Improvements In Company Culture And Engagement
While many topics we’ve already covered lead to a richer company culture, it’s important to keep in mind that people are the ultimate factor in this. Hiring folks that align with your core company values and are considerate of others leads to less gossip and better team dynamics. Having policies in place to combat these issues is also a priority.
Another key factor of company culture is regular feedback and recognition. Creating a space where you can inform people about what they’re doing right and how they can improve is crucial. When employees feel valued, it helps create a strong culture of belonging within an organization. And when in doubt, ask employees what they need to be successful. The follow-through will show that you care and lead to employees that are more engaged.
Embracing New Technology
Technology has changed many aspects of our daily lives, not just in computers but also in the area of small businesses. Small businesses don’t just have to use technology to compete with bigger companies. It can help in various ways, such as helping you save money, time, and energy.
Employee management apps, artificial intelligence (AI), and cloud-based HR technologies are all ways you can add new technology to your business. Sometimes, it doesn’t even have to be to this extreme. You can start by upgrading old laptops and clunky tech gear to sleeker, space-saving designs with a smaller carbon footprint.
Attract And Retain Talent
The average U.S. employer spends $4,000, and it takes 24 days to hire a new employee. That doesn’t even take into account the productivity and expertise a long-serving employee takes with them. Retaining talent saves you in the long run. But how do you get people to stay? These are the details employees consider when deciding whether to stay in their current role:
- Atmosphere of an organization
- Training opportunities
- Working independently
- Leadership
- Acceptable workload
The ability to retain employees is a critical factor in determining the health of a business. A quality business has a competitive edge when employees have an emotional connection and feel appreciated for their hard work. Unhappy employees tend to churn out quickly and take valuable knowledge with them, which can set your organization back months or even years.
A Human-Centric Approach
Employees want to feel seen and heard. If they don’t, that’s usually a good reason to consider leaving an organization. Creating a human-centric work environment means safe self-expression at work, addressing the life needs of their employees instead of merely work needs, and managing tailored, flexible workflows. This could look like flex schedules or working from anywhere. It may even mean allowing people to work earlier in the day or later into the evening. Whatever works best for them!
At the end of the day, good work and productivity happen when an employee can work the way that best suits them. There is no one-size-fits-all approach to working. Everyone has different needs and priorities, as well as different life circumstances. Supporting your employees in these circumstances goes a long way.
Let’s Start The Year Off Strong
As the new year approaches, it’s easy to become overwhelmed with the demand of starting up a new business project or continuing old ones in addition to your daily job. Managing your staff can get tough, and some of us just don’t have the knowledge to do all these tasks by ourselves. That’s where GMS comes in. GMS can take on the administrative burdens associated with managing employees. Contact us to learn more.