Be Good to Your Employees and They Will be Good to You

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The recession we have been experiencing over the past few years has created a strong upper hand for employers across many industries. Because getting a job has been very difficult, many employers have taken advantage of the climate and chosen to offer their employees less in the way of income and benefits.

In my experience, this strategy is a short-term solution and a short-sighted approach that will lead to reduced profits and poor company morale.

Companies show how much they care about their employees when they offer and pay for a part of every employee’s health, dental and vision coverage.

For example, we had an employee whose husband was going through cancer treatment at the time our company was searching for a new insurance policy. At the time, we employed over 550 people and could save tens of thousands of dollars on new healthcare. The only problem we had was that most insurance carriers wanted to exclude our employee’s husband from the new policy, thus leaving him with COBRA or no healthcare at all. This was unacceptable to us, so we kept the policy we had and paid the additional premium until the cancer treatment was complete.

This example is part selfless and part selfish. All of our employees knew why we had made the choice to stay with our healthcare provider, and that helped to improve our corporate culture and further showed how much we care about our employees.

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About the Author

Daryl Wizelman is a leadership, corporate culture, emotional intelligence, life planning and work/life balance visionary. Daryl combines his inspiring story with some practical tools which can be implemented immediately to improve the lives, careers and companies that he touches. Daryl spends his time speaking, consulting and motivating companies, associations, professional athletes, sports teams and individuals all over the world. To read Daryl’s complete biography, click here.

New Tool Release – Cost of Employee Attrition

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StrategyDriven contributors are pleased to announce the release of Diversity and Inclusion – Cost of Employee Attrition.

The cost of employee turnover is staggering and yet goes largely unrecognized. There is no financial statement line item, no general ledger entry, and no budget explicitly set aside for this expense that can cost an evenly modestly sized company well over a million dollars each year.

Using the StrategyDriven Cost of Employee Attrition nomographs and method outlined here, organization leaders can gain a better appreciation for the direct monetary cost associated with attrition and begin to value their retention focused initiatives.

StrategyDriven Premium Members can access the Cost of Employee Attrition by clicking here.

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Getting Beyond the Wall of Resistance

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Did you ever wonder why so many changes in your organization failed? If so, you’re not alone. 70% of all major changes inside organizations fail. For instance, new strategies that result in reorganizations, merger integration, quality improvement efforts, and new software systems.

Of course failed changes are costly in dollars, but they also create missed opportunities, damaged reputations, and increased cynicism among staff. You may have heard people mutter, “Here we go again. It’s just another flavor of the month.”

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About the Author

Rick Maurer is a renowned change management expert, speaker, and bestselling author. He is an advisor to business leaders from a variety of organizations throughout the world, including major Fortune 500 companies, as well as private and nonprofit institutions in industries such as aerospace, healthcare, government, professional associations, telecommunications, and finance. Rick’s opinion has been sought by The Wall Street Journal, The Washington Post, Investor’s Business Daily, Fortune, USA Today, and The Economist. To read Rick’s complete biography, click here.

Leadership Inspirations – Putting First Things First

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“Things which matter most must never be at the mercy of things which matter least.”

Steven R. Covey
Renown leadership author, most notably known for The 7 Habits of Highly Effective People

7 Ways to Deal With a Negative Boss

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If you are bursting with good ideas, but your boss always rejects suggestions out of hand, it’s very hard to stay positive and continue to think creatively. What can you do to keep your own creative spirit alive, and try to bring about positive changes in spite of the negative atmosphere?

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About the Author

Alex Hiam (www.alexhiam.com) is the author of more than 20 popular books on business, including Business Innovation For Dummies, Marketing For Dummies, and Marketing Kit for Dummies. A lecturer at the business school at the University of Massachusetts, Amherst, he has consulted with many Fortune 500 firms and large U.S. government agencies.