With the economy at a low point, many people feel trapped in their jobs, seeing dim prospects for better opportunities outside their present situation. On the surface, this may seem like an ideal situation for companies, bringing down turnover costs. But there's a hidden underside that's not so positive.
When the economy is in high gear, unhappy employees can easily move on. Now they stay in their jobs, bringing down the productivity level and morale of the organization. To counter this and generate more buy-in from your staff, here are five things you can do.
If people are kept in the dark about what's going on, they will make up their own version and it won’t be a positive one. Instead of avoiding, minimizing or trying to hide a negative situation, tell it like it is. Trust that staff will understand and appreciate being informed. Not disclosing will only breed mistrust, suspicion, and fear.
It's harder to develop loyalty to a large impersonal organization than to a small, close-knit group in which everyone clearly sees the impact of their decisions on those around them. The more decision making is left in the hands of those affected by the decision, the better. If cuts have to be made, let the people affected by the changes have a say in what and how to cut. This keeps people more involved and gives them a greater sense of control about the decisions affecting their lives.
Every situation has a positive if we look for it. Maybe there is time available for staff development, training, and team building activities that the hectic pace of having lots of business didn’t allow before. Use a slow time to be creative. Look for ways to develop skills that staff have an interest in, but did not have the time to focus on before.
Asking staff for feedback and help during difficult times should not just be a public relations exercise, but a way to make the most of your employees' ideas and talents. If you have asked for feedback before and done nothing with it, employees will be distrustful and suspicious.
Unless you are sincere and genuinely interested in hearing from staff and plan to actually use their feedback, you're better off not to ask for it in the first place. If the information is useful and can be implemented, act on it quickly. If it is not feasible, thank them for their efforts and explain why it can’t be implemented. Assure staff they have been heard and their feedback will be given real consideration.
Difficult times don’t last. While it is important to put effort and energy into getting through them, it's even more important to see past them to a brighter future. That means it's crucial for everyone to maintain hope and a vision beyond the present. Keeping employees constantly informed and involved in long-term thinking and planning for the future helps lift spirits and prevents knee-jerk decisions that could come back later to haunt you.