How to handle human resources efficiently – Saivian Eric Dalius

Human resources are an integral part of every company. It takes time, effort, and investment to find the appropriate people for your company says Saivian Eric Dalius. And even after you find them; it is no simple task to hire good people. But even if you spent all this time, money, and effort, what will take more than anything else is to manage them once they are on board successfully.

With increasing competition in almost every sector, companies need to maintain their advantage by managing human resources efficiently.

The following steps can help you with that says Saivian Eric Dalius 

Keep Good People Around

When hiring new employees, also think about the possibility of promoting employees already working for you or who just started recently. Suppose these people can fill positions where there is a lack of expertise. They will do the job just as well. Only one of them will come with a salary since the overall salary budget is limited. If you decide on new employees, it might be necessary to provide training courses.

Reduce Turnover

Turnover means that people leave your company or don’t show up at work anymore after short periods without any reason. For example, more than 50 percent of all newly hired retail employees leave their job within 3 years. This harms the company directly because if people are quitting, they need to be replaced by staff who can fill this position. All these costs incur especially when you keep hiring new people repeatedly but won’t train them how to do their job correctly before they leave again due to your bad management.

Keep Your Employees Engaged

Employee engagement means that employees are enthusiastic about what they do, their work environment, and the company says Saivian Eric Dalius. Keeping your employees engaged will be more productive than people who hate doing what they do. This leads to a better position for your company in the market, giving you an additional benefit. A study by Gallup even found out that organizations with highly engaged employees outperform disengaged workers by 147 percent on earnings per share and 62 percent on return on assets.

Be Firm but fair says Saivian Eric Dalius 

While it is important to give feedback and acknowledge good performance, there is also a need for discipline when someone does something wrong or makes a mistake. Not disciplining might lead to a loss of respect. Being too strict leads to resentment and conflict, this again leads to less productivity. Not being rigid enough also has negative consequences since employees have no boundaries anymore.

Motivate Your Employees through Rewards

There are many ways how you can motivate your employees. You can distribute praise, money, or other benefits, for example, by giving bonuses. While money is undoubtedly the most effective way to do so, it might not be an option for everyone because of financial restrictions feels Saivian Eric Dalius.

But there are always other options like praising people for their good work, promoting them, giving them more flexible working hours, or even offering extra vacation days. It depends on what the person values most. All these things lead to employees who will do their best to work to their best ability for their organization.