Employee Feedback – Bada Business

4 Ways to Keep Your Employees Happy & Motivated

The most important asset a business has is its Human Resource. A good and motivate team is the first and foremost step towards business’ success and survival. Hiring efficient employee is half the battle won, keeping them motivated and making them work to their full potential is the actual victory. A determined employee can make a less competent plan to highly rewarding and successful. The firm’s success is to a large extent dependent upon the the efficiency and dedication of the human resource, hence it is necessary to keep the employees motivated and happy. 3 Top Investment Schemes in India to put your money at!

There are certain monetary and non monetary incentives to keep the employees motivated and give their 100 per cent to the firm. A business manager can appease its employees in the following ways :

Adequate Compensation:

One of the biggest incentives for employee to work efficiently is compensation. A adequate remuneration to compensate the work done by a person is not only her right but also a great motivational tool in the hands of the management. Proper monetary incentives including a basic pay, medical and health benefits, provident fund, paid leave among others keep an employee motivated to give her best to the firm.

Listen to Employees:

Another important way to refrain the employees from getting laid back or demotivated at work is by lending a listening ear to their problems and complains while providing them quick and effective solution. If an employee feels she is valued by the firm, her work performance also improves and she won’t hesitate to keep the organisation’s interest above her individual ones. 4 Effective Bookkeeping Tips for Small Businesses.

Workplace Aesthetics:

The surrounding of the workplace effects the mood of an employee directly. A dull, dirty, mismanaged workplace makes the employee disoriented. Management should ensure that the workplace has adequate lighting, preferably natural light. Clean and hygienic indoors and rest areas are a must. It adds to employee’s productivity.

Give Them Constructive Feedback and Appraisal

Employees should be given proper feedback and time to time appraisal on their work performance. It should be given in a constructive manner, not discouraging or inappropriate. Such feedback encourages the employee to make the necessary modification in their work styles and helps their personal growth and development.

Employees are the most crucial asset a firm has. The management should make continuous efforts to keep the employees happy and motivated. It helps to increasing their productivity and performance standards thereby proving to be highly rewarding for the business in meeting its end objective.

Human Resource Management: 5 Tips for Small Businesses to Efficiently Manage Employees

A dedicated and hardworking team of employees is important for any business organisation to succeed. Human Resource (HR) is as important as financial resources for the well being of the business. Firms are advised to take good and proper care of their employees and keep them motivated to strive for the best results. A positive working environment also increases the productivity of the employees. Skilled, trained and industrious workforce can help the business move swiftly through difficult times with limited financial resources. It is therefore, highly crucial to hire and retain efficient employees. 4 Successful Tips to Run Discounts & Special Offers For Your Business Ahead of Christmas 2020 & New Year.

Businesses should also lend a patient listening ear to the employees. They should feel valued. Owners need to understand the grievances of the employees and provide quick and satisfying redressal to them. Here are some tips for small businesses to follow to manage human resources at work :

Offering Adequate Compensation

One of the biggest motivator to work is the financial incentives. Employees should be paid adequate compensation matching the level of efforts they put in the work. The remuneration should be at industry levels and on a similar range to that offered by competitors. Offering attractive benefits like health insurance, family insurance, gratuity benefits among others are also helpful in persuading talented people to join the business and stay.

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Ensuring Employee Safety

Most firms over look employee safety at workplace. But reports of workplace hazards and accidents are not uncommon. Such incidents reduce the morale of the employees and they even tend to quit the job. Employee safety is the utmost responsibility of the business owner. The businesses’ should continuously assess the risks, put controls in place and ensure that everyone follows the safety rules. National Startup Awards 2021: DPIIT Invites Entries to Reward Outstanding Startups; Know Eligibility, Prize and How to Register Online at startupindia.gov.in.

Resolving Conflicts

Another important way to encourage employees to perform better is by providing quick redressal of their complains and conflicts. Understanding and listening to employee’s issue gives them confidence in the firm and they feel valued. Owners should also encourage the employees to speak up. They should acknowledge that a difficult situation exists and let employees express their feelings. Quick actions on the complaints should be provided with monitoring and follow-ups.

Give Proper Feedback and Appraisal

Small businesses should make sure to give continuous and helpful feedback and appraisal to the employees. They should appreciate the good work done and provide constructive criticism if their performance is not up to the mark. Owners should also set performance goals and award employees who meet them.

Follow Clear Employment Policies

The business should formulate and follow clear employment policies. These should be applicable to all the employees alike without any discrimination. These should include proper and detailed hiring and retention process, compensation packages, career path of the employees and other related aspects. The employee should also be communicated about these policies clearly. Following a set of rules and regulations, increases confidence in the employees.

Businesses can not solely function on the financial resources. Human resources are an equally important component in the success journey of the business. The small businesses should therefore, make sure that their employees are treated well and work to the best of their capacity.