10 January 2020 - Reading time: 4 Minutes
From being healthier to digital detoxes, many of us adopt resolutions at the start of the new year. However, it’s not only personal resolutions that should be set in January each year - professional goals should not be overlooked either. Employees might focus on their work/life balance or wellbeing, or might embark on various training sessions to improve their skills.
So, if you’re a manager or business leader, how can you better support your employees? What needs to be in place to keep employees engaged and efficient throughout the year? Here are three resolutions for the start of a new decade.
With a recent study finding that engaged teams are found to be 21% more profitable than disengaged ones, it’s vital for managers and business leaders to focus on employee engagement, satisfaction and happiness. This is where SMART goals might come in.
As the Metro explains, “SMART stands for specific, measurable, achievable, realistic, and time-sensitive”. Setting SMART goals does not only ensure that the performance and engagement of employees is measured, it also aligns the employee goals with organisational goals. This therefore creates a shift from stagnant employee engagement to performance management that is continuous and measurable.
What if you could see employee trends and could predict future trends in the business? With the right analytics technology in place, business leaders and managers can do just that.
From measuring - and improving - performance to developing skills and retaining employees, performance management is shifting from annual tasks to an ongoing process. Being more data-driven, including collating and analysing relevant data, empowers management and HR teams to gain real insight into employee trends around productivity, satisfaction, attrition and performance, and can therefore put the necessary steps in place to improve the business. Both personal and team performance can be improved on an ongoing basis, rather than disparate and occasional feedback.
HR teams can consequently determine how healthy their organisations is from an HR point of view, as well as how specific regions and countries are performing relative to each other.
Technology has come a long way in recent years, and the way it can help employees across the business should not be ignored. Whether it’s investing in analytics or reporting solutions, there is plenty for companies to choose from. For example, when it comes to utilising technology in the reporting process, data from multiple countries and regions can be collated into a single dashboard. The HR department can therefore review and analyse the data easily, reducing the need to manually collate and process the report.
Alongside dramatically reducing manual workloads and minimising any potential errors, technology can also be used to increase collaboration, training and skills development.
There’s no doubt that employee development is critical in today’s business environment. However, it isn’t just individual performance that managers should focus on as we enter the new year, as team performance is just as important.
As more and more technology is used in the workplace, colleagues and teams are becoming more connected than ever before, and must therefore have the same amount of attention (in regards to performance) as individual employees. This will not only increase collaboration, but will also enhance productivity and engagement.
It might be hard to keep some personal resolutions throughout the year, but by dedicating time and resource, these workplace goals can make a real impact to the business in 2020 and beyond.
To learn more about SD Worx, visit our website here.
Human Resources has always played a vital role in organisations around the world. However, throughout the long history of HR, its place in the business has often been reduced to an admin function. Primarily focusing on people and employees, an HR professional’s role has a direct impact on people’s lives, but its effect is felt way beyond this.
With it’s integral place within employees’ lives as well as the overall business strategy, how can HR ensure it’s strategic role continues to add value to organisations for years to come?
Whether a large multinational or a small business with fewer than 50 employees, investing in an HR and payroll offering can have a markedly positive impact on the business. In fact, small companies face many of the same challenges as larger organisations. From ensuring compliance to maintaining an efficient payroll procedure, there are a multitude of ways that small businesses can transform their HR and payroll operations. Here are four ways your business can benefit.17 February 2020
Human Resources is a data driven industry. With so much company and employee information available, the challenge for many HR professionals is how to utilise it most effectively. No organisation can survive without data, and its importance within the overall business strategy only continues to grow as we enter a new decade.
So, how can HR departments embrace and interpret their data, and what should they be looking for when they analyse it?23 January 2020
There’s no doubt that the world of work has changed in the past decade. Organisations have been more focused on employee wellbeing and happiness than ever before, with some even considering the option of a four-day working week. Wellbeing was also a key topic at the CIPD’s annual conference in Manchester this year, which provided attendees with the opportunity to discuss and debate how to successfully manage mental health and wellbeing in international organisations.19 December 2019
Britain’s decision to leave the European Union has left many employees on both sides of the English Channel in limbo – uncertain about how long they will be able to live and work in the country they’ve come to call home.29 October 2019
The clock is still ticking on the UK’s exit from the European Union and we’re still in the dark about the terms of its departure or what impact Brexit will have on employment both in the UK and the 27 remaining EU member states. With or without a deal and faced with this level of uncertainty, HR and payroll teams need to stay up to date with their HR Brexit planning and be ready for all scenarios.11 October 2019
A recent SD Worx survey revealed that over half (57%) of European employees have the freedom to take a holiday when they choose. Although this can improve the work/life balance and autonomy of employees around Europe, it can leave departments a little stretched over the summer – a popular time to travel and enjoy the sun with friends and family. This can particularly affect the HR and payroll department – a business function that never stops.5 August 2019
It’s vital that global organizations are run as efficiently as possible. With potentially easy access to a broad and detailed selection of employee data, the HR and payroll department can ensure that the organization’s staff planning is accurately informed to better control staffing costs and improve efficiency across the business as a whole.
So, how can the HR and payroll professionals ensure that they are maximising the potential of the valuable data that lies at their fingertips?
The Christmas festive period might be over, but winter is certainly not. With snow thick and fast in some regions, it’s understandable that HR and payroll teams may want to pack up and hibernate for the next couple of months.21 January 2019
With the festivities over and the new year well underway, as we return to work, many may have already given up on their new year’s resolutions for 2019. However, when it comes to new year resolutions in the HR and payroll industry, there are many resolutions that HR and payroll teams should commit to which will ensure that their payroll is powerful and running efficiently throughout the year.10 January 2019
Much of today’s media coverage on the introduction of technologies like artificial intelligence (AI) and machine learning in the workplace express concern over the future of the human employee. Many fear their roles will be replaced by an intelligent robot that is more efficient and cheaper to employ. However, this is far from the case. SD Worx advocates the future of HR tech, but we also understand that you can never take the ‘Human’ out of Human Resources! In fact, introducing these technologies to the HR and payroll department can only reaffirm the place of the human employee in the business world.30 December 2018
The HR and payroll industry never stands still and is moving at a faster pace than ever. With frequent updates to legislation, increasingly global operations and swiftly developing new technologies, the future of HR is set to look completely different to the industry of today.28 November 2018
Every company strives to have effective working practices that allow employees to work together to get the best possible outcome. Many employers choose to organise Christmas team building activities to help boost workplace morale, increase productivity and collaboration between departments.But does team building actually work? 21 November 2018
Business Studies 101 tells us staff are the most valuable and expensive resource within any company, but how can your business create an empowering atmosphere within which employees flourish and morale is high?6 November 2018
Business leaders are always searching for dynamic new ways to improve their business strategy, but there's one source of data which still remains largely untapped. There is a wealth of potential strategy ideas to be found in a place businesses already have unrestricted access to - their payroll system.
So, how can both large and small companies start utilising payroll data today to breathe new life into stale strategies?24 October 2018
Nothing turns your working world on its head quite as much as a big, sudden change in the way you need to work or the way in which the company you're working for is run. Whether it's due to changes in law, different leadership or any other reason, keeping up with big changes can seem like a difficult task, and it's easy to get off track. But when it comes to adapting to those sudden changes and continuing to meet the needs of your business, there are a few things you can do to help you adapt quickly and be back to 100% in no time:15 October 2018
In the digital world, ensuring that you have a healthy work/life balance has never been so important. However, in this ‘always-on’ environment, it can prove difficult to step away from the world of work and to take that all-important break from your seemingly never-ending to do list. Some HR and payroll professionals see the introduction of HR tech as another cause of stress, with many fearing that it will threaten the future of the industry. However, the introduction of automation and other technologies could be the answer to empowering the HR professional and maintaining a healthy work/life balance.12 October 2018
It sounds too simplistic to say that your workforce is the beating heart of your company, but it’s true. However, many businesses don’t practice strategic human resource (HR) planning. So why is staff planning so important?8 October 2018