Quantifying the cost of employee empowerment
But what can be done?
Measures for effective empowerment
The choice involved in flexible benefits schemes also offers the scope to empower employees, as it is an opportunity for employers to offer staff a pot of money to spend how they please. Employees who have more choice and control over the benefits they want will ultimately feel empowered. Employers which realise that benefits can help to empower staff if they are introduced effectively and offer an adequate amount of choice, are likely to enjoy genuinely empowered workers Case study: BT Telecommunications firm BT is a great believer in flexible working arrangements, with around 12, of its staff working from home and over 10, dividing their time between their home and the office. These are available for a variety of benefits such as pensions and company cars. A budget needs to be set aside for training and upskilling employees for growing them as organizational assets, which should be justified in terms of benefits it draws. Enable innovation. Many organisations are beginning to acknowledge the value in detaching themselves from the benefit decision-making process, and handing the control to the end users, employees. Microsoft Teams puts everything organizations need—chats, meetings, calling, and Office apps—to make faster, more informed decisions in a single, intelligent hub. KPMG has gone a step further with its Employee Business Forum which was set up to tackle, among other issues, the benefits it offers to staff.
Although, on the face of it, flex provides choice for staff, employers must be careful to provide sufficient options for employees to select from, because they will otherwise be in danger of limiting the capacity of such a scheme to empower staff due to this lack of choice.
Giving your employees authentic opportunities for growth is something you have to build into the fabric of your company.
It is all part of allowing employees choice and control over their conditions of work. A thirst for choice Many employees, whatever the size of the organisation, are no longer content with simply taking what they are given.
For this to occur, employees must understand and value the importance of their packages, and the choices they have been given. No one, however, can match a company full of highly charged, motivated people who care. According to Thompson, home working is one of the most effective ways of imparting trust onto employees, and thus empowering them.
Measuring womens empowerment : indicators and measurement techniques pdf
Giving your employees authentic opportunities for growth is something you have to build into the fabric of your company. Forward-thinking employers have cottoned on to this concept and have introduced measures such as employee councils or conducting regular staff surveys in order to ensure they are involved in the selection process and so will actually value the benefits on offer. Employees who have more choice and control over the benefits they want will ultimately feel empowered. Similarly, employers should also ensure that they include benefits options that employees actually want and are prepared to take up. It is all part of allowing employees choice and control over their conditions of work. One could make a quick estimate of the cost of visiting HR several times for complaining. Research Methodology Descriptive and Feeling better — Feeling better equates to better performance. But how high is it for you? But the entire empowerment process involves cost. While assumptions could be made about the types of organisations that may be more effective at empowering staff than others, there appears to be little in the way of factual data to back this up. The number of regrettable departures will simply equal your number of employees times your annual turnover percentage. In order to help people to do something difficult but valuable, such as quitting an addictive habit, a critical first step is to help them understand the cost of not doing that thing. Managers will want to see their teams succeed and work hard to empower them. While holding each and every employee accountable, employees will begin to police themselves and take into account any shortfalls of fellow employees.
Forward-thinking employers have cottoned on to this concept and have introduced measures such as employee councils or conducting regular staff surveys in order to ensure they are involved in the selection process and so will actually value the benefits on offer.
Absenteeism — It typically goes down when empowerment takes hold.
The benefits of embracing this approach can result in employees feeling more commmitted to their job and their employer.
based on 20 review