New Year, New Goals
January is traditionally a month in which people set goals and make resolutions for the upcoming year. New Years is around the corner so, we thought it the perfect time to share some information with you that would help you get a jump start on your goals. Consider some of the resolutions below to help your business run more smoothly, efficiently and successfully next year.
While staying focused may sound simple, it is easier said than done. It is very easy for a business owner to lose focus on the bigger business issues by getting distracted by a dozen little management or human resource tasks. To help yourself stay on track, revisit your company mission each day and ensure each decision you make and task you accomplish aligns with this mission. You can also plan “mile markers” or goals you intend to reach weekly, monthly, and annually to help yourself stay on track. While you focus on the bigger issues, delegate busy work. If you find human resource tasks to be too time consuming, consider partnering with a company like Optimum Employer Solutions and outsourcing HR.
Communicate With Your Employees
Without your staff, your business would not function well, or even at all. Consider if you doing everything you can to take care of your employees and make them feel valued. Ensure that you keep your employees in the loop and provide them with all the necessary information they need to successfully do their jobs. Consider implementing measures to ensure these tasks are happening. For example, you could draft an individual development plan for each employee that identifies his or her strengths and improvement areas. You should also reward good performance and productivity.
Boost Employee Productivity
Better communication with your employees will certainly help them be more productive. The team at Optimum can offer training and other workplace programs that help employees feel supported and satisfied with their jobs. Team-building exercises are another a great way to help employees relax and feel part of the organization. Get workers out of the office and have them participate in physical activities or games. Team building exercises are always a great way for employees to bond.
Reward and Incentivize Your Employees
Every employee likes to be recognized and rewarded for hard work. Aside from offering employees a raise, you can also try implementing an incentive program. Offering rewards or incentives will boost employees’ happiness towards the company and their motivation to accomplish tasks. Incentives or rewards can be given to employees who reach or exceed set goals. You could take the whole sales team out for dinner or give more personal rewards, like gift cards. For a more in-depth discussion on developing an employee rewards program, view our earlier post on the subject here.
Another way to reward employees is to offer them better benefits, such as a great retirement plan. Not only will this appeal to your current employees, but it will also help you attract new employees. As part of our complete HR outsourcing service, Optimum provides you access to benefits that are normally only available to large companies due to cost.
Standardize Your Operations
With the help of your employees, develop a repeatable, step-by-step manual that clearly outlines the repetitive tasks that make your business work. By clearly outlining these tasks, you can eliminate employees doing the same work twice. This type of how-to guide is also useful in explaining tasks to new staff. Every department should have this go-to manual. This simple, yet effective, idea is a huge time saver.
The team at Optimum Employer Solutions wishes you, your employees, and your business success and prosperity in the New Year! If you’d like to learn more about how a professional employer organization (PEO) like Optimum can help your small business with some of the most common business challenges, view our post here.