Staff Retention: Why It’s The Key To Your Business Success

As an employer, what should be your biggest goal this year?

Bigger profits? More sales? Adopting AI?

While these things might be important, we strongly believe you should be putting your focus on another area of your business … staff retention.

Staff retention will be crucial for your organisation’s success as it helps to build continuity, reduce costs, increase productivity, improve customer service and SO much more.

So, how do you achieve good staff retention?

Let’s look into that concept now.

Staff Retention: Why It’s The Key To Your Business Success

The Importance Of Staff Retention

Good staff retention is excellent for your business, especially during the trying times we are currently living in. Here are just a few reasons why that is:

  • Saves Money: Recruiting and training new team members costs a lot in time, physical spend, and potential downtime for your business. That spend does not need to happen if you retain your current skilled staff.
  • Boosted Productivity: Experienced team members are more productive than brand new ones as they have a better understanding of your business goals and objectives. They are also more familiar with your culture and processes, allowing them to get on with their work quickly and effectively.
  • Great Customer Service: Being with an organisation for an extended period of time lets you get insight into the needs of the customers. This insight helps your experienced staff to deliver top level customer service; in turn, building customer trust and loyalty.
  • Knowledge Retention: By retaining your experienced employees, you also retain the knowledge they have developed while working with you. This knowledge is difficult to replace and can be critical to the ongoing success of your business.
  • Team Cohesion: High staff turnover is not good for team morale. It creates disruption and a situation where a continually changing set of personalities needs to find a way to work together harmoniously. Staff retention builds a more stable and cohesive team allowing for powerful collaboration.

These elements will be vital to the long-term success of your business.

Encouraging Good Staff Retention

With a potential recession looming, the last thing you want to be doing is replacing good employees because they are not feeling heard or valued. If your key employees walk out the door, then it will cost you a lot of time and money to replace them.

Retaining your key talent should be top of your priority list!

Here are just some of the ways you can do that:

Stay Interview

The Stay Interview is here to stay! But what is it? Well, a Stay Interview is when employees sit down with their managers to discuss their job satisfaction, goals and motivations. The purpose of the interview is to gather information about what is keeping them in their job and what factors might cause them to leave in the future.

The interview can be conducted at any time that the team member is working with an organisation. Its aim is to address any issues or concerns your employees might have and to set actions that will remedy those issues.

By taking the time to gain feedback from each of your employees, you can identify any areas of the business that might be problematic. Then, you can take steps to improve those areas and retain your vital team members. Those steps could be anything from training opportunities and providing more support to a change in job responsibilities or work environment.

Progression Pathways

With less time spent in the office, some skills are becoming obsolete and other roles are evolving. Employees are returning to the office after working remotely for some time. You will want to ensure that the role they were employed for still exists in the same capacity and whether their skills are still right for that job.

It’s time to take a deep dive into your business and the people you have working with you to create the right structure for everyone. You want to make sure each role is best suited for the employee undertaking it! So, talk with your team about valid career pathways so that everyone is in the best-fit role.

A really helpful tool for this is Extended DISC assessment. DISC is a form of psychometric testing that establishes each employee’s personality type. You can use the results to aid personal growth and to improve self-awareness, communication and teamwork. Here at Spice HR, we are Extended DISC Accredited Practitioners, so can help you get a true understanding of what makes your team tick.

Let Them Be Heard

Sometimes in an organisation, it can feel like there’s a disconnect between the team on the ground and the management team. Communication is the key to fixing any perceived divides.

You want your employees to feel heard, so the first step is to listen. This can be done in a range of ways. It can be as simple as a 10-minute one-to-one meeting where you give individual employees your undivided attention, or as complex as a companywide engagement survey.

Don’t forget that you actually need to do something with the feedback you receive from your team. Take steps to action any practical requests and look for ways to address issues.

Bring The Benefits

There are plenty of ways that you can implement initiatives that don’t cost a whole lot but can increase productivity and engagement hugely. Some of these are:

  • Flexible start and finish times
  • Create a wellbeing space in the workplace with accessible resources
  • Wellness challenges
  • Recognise awesome work with a company shout out page, brag board, or ABCD (above the call of duty) card
  • Offer mentorships with complementary colleagues
  • Discussions about career pathways and leadership opportunities
  • Offer longer break times
  • Bring your Pet to Work Day
  • Regular virtual meetups with fun activities like games or quizzes
  • Increased autonomy
  • A feedback box for input and suggestions from team members
  • Lunch with the boss days
  • Offer a 4-day workweek if that’s a possibility for your business. While team members are in the office for fewer hours, research has shown that their productivity is usually higher with a whole day of downtime up their sleeves.

There are also further benefits you can offer, but these ones will carry a cost for your business:

  • Extra leave
  • Give them their birthdays off work
  • Subsidised childcare
  • Bonus schemes
  • Professional development and training plans
  • Health insurance
  • Increased superannuation contributions
  • Regular remuneration reviews
  • Regular team lunches or outings
  • Wellness initiatives like courses, vouchers or partner discounts
  • Tickets to shows or sports games
  • Personal house cleaning
  • Employee anniversary celebrations

Encouraging Staff Retention

As you can see, there’s a lot to like about staff retention. But there is an awful lot that goes into retaining your high performing staff members.

So, if you know you need to retain your team, but would like a little bit of help doing it, the Spice Gals are here to help! Experts in people management, DISC assessment and building successful team morale, we can help you introduce simple retention initiatives that work.

Get in touch with our team today.

Christmas Is Coming: Let’s Wrap The Year Up Positively

 

Christmas is just around the corner. 

While you might not be ready for it yet, the silly season will stop for no one!

That means there is only so much time to get everything wrapped up before the end of the year. But there is also a silver lining to the situation. 

The good news is that Christmas creates a great opportunity to celebrate the successes of the year and signals an appropriate time for a well-deserved break.  

So, how do you make sure everything is wrapped up in time and you are ready for Christmas? 

We’ve got all the info you need right here. 

Celebrate the Year 

As the year draws to a close, it is the perfect time to celebrate all the great things that have happened in the last 12 months. These achievements don’t all have to be enormous ones, it is appropriate to celebrate all the small things as well. 

Thank your team for all that they have done this year. After all, it hasn’t been an easy one. With the pressures of Covid, rising inflation, and the ongoing navigation of a new normal after the last couple of years, they deserve a giant thank you! 

Don’t worry about it feeling cheesy. Sometimes a bit of cheese is worth it! Especially as it will remind your team that they are respected and valued by you.  

It is also vital that you create the right kind of feel moving into the new year. It’s time to look forward with a positive outlook. So, finishing this year on a positive and celebratory note will help set your team up for a great year ahead.  

A cool way to do this is to help your team members set goals to work on in the new year. They should be positive goals that focus on moving forward – perhaps career progression, training and development, or project work. 

Is it Time to Party? 

The annual Christmas party used to be a staple in everyone’s calendar. Then, 2020 rolled around, and the obligatory Christmas party took a backseat. You can revive it again this year or take a different approach to bring everyone together. 

We know budgets are tight, so it doesn’t have to be an expensive event. A casual team BBQ, a potluck dinner, a round of mini golf, or a trip to the bowling alley can all be fun. It’s simply about marking the end of the year and giving your team the chance to connect socially. If your team enjoy some time together in a relaxed and neutral setting, it will only help to build great morale and teamwork in the workplace. 

Don’t forget those team members who are working remotely. Round everyone up and regroup with an end of year get-together. And if it’s not possible to get everyone together in one location, what about an online Christmas party via video conference? Take your party connections to the next level by delivering little gift boxes of treats that can be opened and enjoyed while everyone is “partying”. 

Wellbeing Check 

After a draining year, it is timely to check in with all the members of your team to see how they are really doing. Christmas might not necessarily be a merry time for everyone. So, it is a great opportunity for a wellness check with your team. 

We spend such a large portion of our lives working, so it is important that your team feel mentally safe and valued at work so they can perform at their best. A wellness check can help you determine if that is the case for your people. 

This process is about honest and open conversations, as well as actively listening to what your team members are saying and what they might be reluctant to say. Remind your team of available support options – like speaking with HR, anonymous feedback, or any EAP avenues. 

Christmas Break 

Many businesses will choose to close for a period over Christmas. Will your business be one of them? If so, you will need to ensure you notify all your employees of the closure at least 14 days in advance. 

As part of that conversation, it is helpful to communicate what options your team have for leave. Obviously, they can take this as annual leave if they have enough available. But it is important to provide options for those without an adequate leave balance. You may choose to let them take leave in advance or require leave without pay. 

You can find more information about how to handle an annual closedown period here

The Christmas holidays also mean there are plenty of public holidays to observe. You’ll need to make sure you are following the correct public holiday guidelines for your staff in terms of wages and rostering. This applies regardless of whether you are having an annual closedown period or not. Make sure you are following the rules by checking out the public holiday guideline info here.  

Ready to close the book on 2022? You are not alone there! And if you need help tying up any loose ends or planning for a productive 2023, then the Spice Gals are here for you. 

We can help you navigate the guidelines around public holidays and annual closures or set up the ultimate wellness program for the new year ahead. For any and all HR queries, get in touch with our Spicey team! 

How To Boost Workplace Wellness This Winter

Winter wellness – it’s all about rugging up warm, getting that flu jab and staying home from work if you’re unwell, right? Well, that’s part of it.

But have you thought about how you’ll care for the mental wellness of your team this winter – particularly at work?

Deadlines, demanding customers, COVID-19 worries, long hours, remote working – the list of things that can knock our wellbeing at work is endless. And the long, grey winter months can make it all feel so much worse. But improving our mental wellbeing is priceless.

So, how can you ensure you are being an ethical leader and creating an environment of winter workplace wellness? Read on to find out.

How To Boost Workplace Wellness This Winter

Why Workplace Wellness?

Good mental health at work and good management go hand in hand. There’s evidence that workplaces with high levels of mental wellbeing are more productive. According to WorkSafe NZ, focusing on mental health in the workplace is essential because:

  1. It’s good for business. When people are happy in their environment, they are more productive, take less sick leave, and are more likely to remain in their jobs for longer.
  2. It’s a legal obligation under the Health and Safety at Work Act (which is as much about mental health as physical health!)
  3. It’s a moral and ethical obligation for all of us to do the right thing by one another.

Workplace wellness creates a better working environment for everyone, so it becomes a pleasure to be at work despite the dreary weather outside!

Navigating The Winter Blues

The winter blues are a well-known phenomenon. They are most heavily felt throughout the workplace. As the temperature drops and the weather worsens, it is harder to get those sunlight hours that our bodies desperately crave.

As a manager, it is your responsibility to acknowledge that your team may be feeling those winter blues and have a plan to combat their impact as much as possible. One of the easiest ways to do that is to regularly check in with your team – individually and in a group setting.

Encourage open lines of communication so that your team can discuss issues or problems they are facing, have constructive conversations so that they can build resilience, and develop perseverance.

A Guide To Improving Mental Wellbeing In The Workplace

Here at Spice HR, we believe that good mental wellbeing at work is crucial, which is why we support the Five Ways to Wellbeing developed by New Zealand’s Mental Health Foundation.

Whilst these are general principles, they can be practically applied in the workplace. Here are the five areas your team should focus on for great workplace wellness this winter:

  1. Connect

Listen and talk, be present, feel connected. Speak up when you need to, and listen to others. Keep the communication lines open by encouraging discussion

2. Give

Give your time, knowledge, and presence – an essential part of connecting!

3. Take notice

Recognise the good things that your team are doing and the things that spark their creativity and joy. Even the little things count. Appreciate them!

4. Keep Learning

Embrace new experiences, see development opportunities, and provide ongoing learning experiences for your team members.

5. Be Active

Encourage your team to keep active throughout the day even if their role requires them to be at a desk. Do what you can, help them enjoy what they do, and don’t forget to move your mood and your body! Just move – no matter how you do it!

Here at Spice HR, we think that number 1 is particularly crucial: Connect. Many struggling with mental wellbeing try to hide their feelings, afraid of other people’s responses. If you create workplace cultures where people can be themselves, they will speak more freely about mental health concerns and reach out for help when needed. It all comes down to open lines of communication.

Are You An Ethical Leader?

Part of supporting good mental health in the winter workplace is ensuring you behave like an ethical leader. That means taking the time to build a healthy workplace environment for all of your team members.

Ethical leaders tend to choose people over financial reward. While economic growth is essential for many businesses, you will struggle to achieve your goals if you don’t have the buy-in of your people. That means balancing your decision-making to ensure you are doing the right thing by your employees and doing what is best for the business.

There are plenty of ways you can do this. But ultimately, it comes down to creating an environment in which people want to work. An environment that embraces excellent communication. One where people’s opinions and ideas are respected, management show transparency and shares information, and staff feel heard.

Ensuring your team leaders and management have a sense of empathy is vital to supporting their staff appropriately.

Ready To Spice Up Your Workplace Wellness?

Achieving great workplace wellness can be challenging at any time of the year, yet that challenge increases significantly during the winter months.

Need more guidance to improve mental wellbeing in your workplace? Reach out to the Spice Gals!

Spice HR support small and medium businesses who need help getting HR frameworks in place – and we love helping businesses boost staff wellbeing.

So: stop right now, thank you very much – and drop us a line!

Managing A Workforce of Different Generations

different generations

Managing A Workforce of Different Generations

Variety is the spice of life, right?  Well, today’s workforce is certainly full of variety!  It is a diverse makeup full of different generations. You have Baby Boomers, Gen X, Gen Z, Millennials (also known as Gen Y), and maybe a few from the “silent generation.”

So, what does that all mean when it comes to a combined workforce?

People from each generation tend to have different values and expectations in the workplace, so it’s essential to customise your management style and benefits to meet each one.

Here’s an overview of how to approach a multi-generational workforce.

Talkin’ ’bout My Generation

We’re not big fans of labels, but just so we’re on the same page, let’s clarify the generations you might see in your organisation.

  • The Silent Generation (aka Traditionalists) – born between the late 1920s and 1945

This generation was formed well before the computer age hit. However, many are still very capable of using digital tools, but may prefer personal interactions. They value fair pay, recognition and the chance to share their expertise.

  • Baby Boomers – 1946 – 1964

The Boomers are a very goal-focused generation and hold a reputation for working hard. They value job security and a more structured environment.

  • Generation X – 1965 – 1979

A generation that is completely up to date with tech, but are not shy about face-to-face communication. They value autonomy and a good work/life balance.

  • Generation Y (Millennials) – 1980 – 1996

The consummate internet babies who are all over every technological gadget to hit the shelves. They value skills development and a deeper purpose.

  • Generation Z – Born in 1997 or later

Known as the tech native, social media generation, they have lived in a technology based world since their birth. They value flexibility and social responsibility.

So, now that we know about the different generations, what does this mean for your workforce and management styles?

Use Reverse Mentoring

Cross-generational mentoring is a great way to quickly stamp out any age biases and maximise various experience levels in your team. Both young and old can learn a lot from each other! Avoid always placing similar age groups together.

Instead, pair up people from different generations and get the knowledge flowing both ways. You will be amazed by the diverse solutions that appear when combining the thinking of multiple generations. 

Get Everyone Engaged

While every generation is known by different characteristics, they are not always out of sync in every instance. What every generation has in common is their need to feel involved in their work. Ensure you find a way to motivate all employees (outside of the pay cheque) by finding common ground for them to buy into. 

Work on Your Flexibility

No, we are not talking about yoga – though if that fits your workplace, it’s not a bad idea to bring people together!

You shouldn’t expect every team member to be satisfied with the same hours of work, the same work environment, or the same tasks. Experiment with the different strengths to find the ideal balance for your organisation.

Recognition and Benefits

Not everyone wants ten-year job security and a retirement plan, although some might. Gen Zers might be looking for support with further training or help to pay back student loans, while Millennials could prefer daycare services or parental leave.

Again, each individual is different: the point is to offer a range of benefits and perks to suit different lifestyles and needs. 

Avoid Stereotypes!

Now that we’ve gone and put everyone in their box, it’s time to say – don’t judge people by the boxes you put them in! It goes without saying that every individual is different. Regardless of their age and background, they have essential skills, needs, goals, and dreams that may be vastly different from their peers.

However, it can also be useful and enlightening to acknowledge and learn from age-based differences in the workplace.

Understanding Your Team Dynamic

Getting to know each employee individually is your most important task as an effective leader. So use your newfound knowledge of generations alongside your insight into each employee, and you will be on the right track.

Another way to gain a greater understanding of your workforce is to use DISC Profiling. This is a psychometric assessment tool that can help with the personal growth, team building and leadership potential of your employees.

Here at Spice HR, we are certified practitioners of the Extended DISC Profiling system and can help you gain greater insight into the different personalities present in your team. Get in touch with us today to find out more about how this useful tool can help your business.