People - Engagement and Retention Flashcards
3 facets of employee engagement – trait, state, behavioral
Trait engagement – personality elements that make someone pre-disposed to being engaged (natural curiosity, desire to be involved, interest in problem solving)
State engagement – influenced by workplace conditions, and can be improved by varying tasks, allowing more opportunities to be involved in decision-making, etc.
Behavioral engagement – effort employees put into their jobs; you need the other two facets in order for this to happen
4 drivers of employee engagement
- The work itself, and opportunities for development
- Confidence and trust in leadership
- Recognition and rewards
- Organizational communication
Types of organizational culture – authoritarian
Top-level management makes all decisions
Types of organizational culture – mechanistic
Tasks and responsibilities are clearly defined, and accountability is key; communication follows defined procedures, like everything else
Types of organizational culture – participative
Embraces collaborative decision-making and problem solving; employees are actively involved
Types of organizational culture – learning
Emphasizes continuous learning for employees and the organization as a whole; employees have space to experiment and take certain risks
Types of organizational culture – high-performance
Talent is championed; innovation, communication, high standards, and other characteristics are driven from the bottom up
Benefits of high engagement
- Retention
- Customer loyalty
- Fewer mistakes
- Higher productivity and efficiency
- Lowered cost of product
- Fewer safety incidents
Job enlargement
Job enrichment
Job rotation
Enlargement - adding new tasks at the same difficulty and responsibility level as current tasks
Enrichment - more vertical expansion - for example, giving someone more participation in decision making
Rotation - giving employees opportunities to work in different roles
Q12 Engagement Survey
Gallup survey with 12 standard questions to measure employee engagement
Employee Life Cycle
Recruitment
Integration - settling into position, becoming familiar with people and culture
Development - ongoing training (internal training and/or external professional development)
Transition - can be resignation, transfer, promotion, etc.
Realistic Job Preview
Any part of the selection process that gives applicants honest and complete information about the job and work environment
Link between employee recognition and organizational values
Recognition programs that are tied to organizational values are rated higher by employees and get better results
Role of HR in employee recognition
- Promote a strategic recognition program
- Tie recognition programs to company values
- Encourage company spending on employee recognition (at least 1% of payroll is the magic number)
Performance management (definition)
Process of maintaining or improving employee job performance
Tips for successful performance management systems
- Needs support of senior leaders
- Managers understand its value and how to implement it
- Employees are educated about how to get the most value from it
- It’s tied to company strategy and culture, and regularly evaluated
Possible measures of employee performance:
Quality
Quantity
Timeliness
Cost-effectiveness
Performance appraisal (definition)
Typical method of measuring an employee’s work performance and providing feedback
Performance appraisal methods - management by objectives (MBO)
Employees help set their own objectives, defining what they intend to achieve within a specific time frame
Performance appraisal methods - behaviorally anchored rating scale (BARS)
Describes examples of behavior for each category
Example for receptionist position:
5 - Positive and cheerful with visitors…
3 - Greets public in pleasant manner…
1 - Uncomfortable w/ phone system…
Errors in performance appraisal
- Halo/horn effect
- Recency vs. primacy
- Bias
- Strictness vs. leniency
- Central tendency vs. contrast
Halo/horn - employee is rated high (or low) in all categories due to having a major strength (or weakness)
Recency - gives more weight to recent behavior
Primacy - gives more weight to earlier performance
Engagement/retention metrics - monthly voluntary turnover rate
voluntary separations during month
_______________________________________
Average # employees during month
X 100 to get a percentage
Engagement/retention metrics - revenue per employee
Total revenue
___________________
Total # employees
Helps calculate cost of a lost employee due to turnover, or recognize when engagement is decreasing
Engagement/retention metrics - retention rate
employees who stay for specific period
_________________________________________
# employees at start of period
X 100 to get percentage
Good for showing stability of workforce, but won’t account for very short-term employees who start and leave during the measurement period; employees who start during the measurement period are not counted)
Engagement/retention metrics - Turnover rate
separations during specific period
______________________________________
Average # employees during period
X 100 to get a percentage