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A few highlights from the interviews: Money may get your team to show up to work, but it’s the psychologicalcontract that will ignite the best in them. Interview Audio link. Slide Share summary of key discussion points. Remember that the most important of human needs is appreciation.
In order to make better managers, we must have employees meet them halfway. Early on in my career, the CHRO of my management consulting firm, Oliver Wyman, used to say, “The psychologicalcontract between a manager and employee must be that, if the employee takes care of the manager, the manager will take care of them.”
More and more research, within individual companies such as Facebook as well as across organizations and industries, is showing where the emphasis needs to be – on helping our employees understand that deeper meaning while strengthening the relationships they have with each other, not on what generation or job function people belong to.
One crucial component to keep an eye on is the level of peer camaraderie, since it is the number one motivator that inspires employees to work especially hard. Encouragement and inspiration are key to maximizing engagement. How can managers encourage the retention and development of an engaged workforce ?
’ But a note of caution here – When creating and implementing a total rewards package, you must also assess the potential risks and impact on employee morale and measure the success and fallouts if the package is not well-received.
10 tips for an effective employee relations strategy Every organization should have a strategy for managing employee relations with the underlying philosophy that employees are valuable stakeholders in the company’s mission. Let’s take a look at ten ways to optimize employee relations: 1.
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