Safe, Healthy, and Happy Workplace
Creating a safe, healthy, and happy workplace will ensure that your employees feel at home and stay with your organization for a long time.
Open Book Management Style
Through this open-book process, you can gradually create a culture of participative management and ignite the creative endeavors of your workforce.
Performance-Linked Bonuses
Paying out bonuses or having any kind of variable compensation plan can be both an incentive and a disillusionment, based on how it is administered and communicated.
360-Degree Performance Management Feedback System
This system, which solicits feedback from seniors (including the boss), peers, and subordinates, has been increasingly embraced as the best method for collecting performance feedback.
Fair Evaluation System for Employees
Evaluation becomes fairer if it is based on the records of periodic counseling and achievements of the employee, tracked over the year.
Knowledge Sharing
Store knowledge in databases to provide greater access to information posted either by the company or the employees on the knowledge portals of the company.
Highlight Performers
Create profiles of top performers and make these visible through the company intranet, display boards, etc.
Open House Discussions and Feedback Mechanism
Open house discussions, employee-management meetings, suggestion boxes, and idea capture tools such as Critical Incidents diaries are the building blocks that can help Managers identify and develop talent.
Reward Ceremonies
Merely recognizing talent does not work; you need to couple it with ceremonies where recognition is broadcast.
Delight Employees with the Unexpected
The last but not least way is to occasionally delight your employees with unexpected things that may come in the form of a reward, a gift, or a well-done certificate.