If you have read an article on organizational productivity or employee performance in the past seven years, you tend to have found the concept of employee commitment. The commitment of employees is the first proven method to translate the thoughts and perceptions of staff to a measurable index or a leading indicator that can predict employees’ productivity, customer satisfaction, retention of the best interpreters and more. During difficult macroeconomic times, achieving and maintaining employee commitment gifts major challenges that your business cannot afford to postpone “times are better”.
It is important to understand some information about the current economic challenge:
There are 14 market birds in the last 150 years. Even though the top market has more than 75% in 1929 to the bottom May 1932, over the next five years, the market increased 367% !!!!
Most of the market offs over the past 15 months: average loss of 36%. Most market funds go sideways for 5 to 10 months. The average market expands with an approximate 68 months and grows by an average of 176%. Employees need answers about their 401K assets now! The commitment of employees is traditionally the domain of HR, training or development of the organization.
However, since employees are forced to handle the worst recession, as depression has a proactive approach to educate their employees on how to use this panic, will go a long way to prevent their employees from compromising . This is where an external independent registered investment advisor can play an important role in keeping his employees committed.
This short article provides a simple scheme for employees commitment and indicates how it can be associated with an expert to ensure that, as benefits specialists, it can help to stabilize and, in fact, increase participation employee regarding their retirement concern. What should you know about the commitment? Understand what to do, understand the understanding of a little more about dedication. Although outside the scope of this document is to offer all facets of employee engagement, there are a few things about the employee’s commitment you need to know:
1. What is employee commitment? Employee’s commitment is a level of employees of emotional, positive, neutral or negative attachment, to its organization and its goals, manager, position and co-workers / colleagues. It is the degree of defense, pride and loyalty it feels and is shown by the behavior of employees. Visit:- https://boyfriend-navi.com/
2. Why should I worry? For an organization, the value of the commitment as a predictor of future behavior and discretionary attempt. When measured correctly, the commitment offers a statistical method of maximizing human capital performance. The increase in employee participation allows leaders to increase economic contribution and improve business performance while improving the quality of work! In a world of hyper-changing markets and intellectual work, it is difficult to measure, the commitment of employees is an essential management instrument and direct responsibility for leadership. The organization that loves the commitment of employees has a fundamental and sustainable competitive advantage over its competitors.
3. What is the case of the company for the commitment of employees? Highly compromised employees are exported at higher levels, which better handle the problems, respond to the change better and are more flexible cognitive than lower employees. More significantly, for service-oriented organizations and the client, higher employees are better to create and maintain solid customer relationships. In short, the highest commitment usually means higher commercial results. Specific studies have shown that high levels of commitment result:
Greater than average individual productivity, applied learning and innovation.
Greater loyalty (it will remain at the company longer than less dedicated employees)
More energetic and enthusiastic employees, making them more productive in group efforts and make them a pleasure to work with
Larger property in solving the problems of the organization and clients.
High quality discretionary effort with longer duration and a more positive intensity than other employees less than compromised
Economic contributions from employees to the business that constantly exceeds their employment costs
Putting your head in the sand is not the best option at this point. To become more knowledge and proactively, the employee will give a sense of trust and paternalistic guarantee served.
Four. How is the commitment of employees measured? As a management tool, the commitment measures some promotion, loyalty, dedication, pride and more to the organization and its goals. The valid participation measurement is calculated from the responses of employees collected by the questions of the survey. Although the different recording companies have different dedication models and use different questions, generally between 4 and 12 articles of the survey provide the results needed to calculate a level of participation or result. The results of the commitment can be cut in different ways and cut into blocks to determine an organizational level, a level of strategic business unit, a unit level and other levels, including the results for different demographics. The results can also be compared externally, depending on the “normative” database of companies. The results of the industry, the regional results, the results of the country and other subgroups can further improve the value of the equation and planning of the action.