Research indicates that unplanned absenteeism costs about $3,600 annually for each hourly employee and up to $2,650 for each salaried worker, in addition to hurting morale, safety and customer service. This article offers tips for stopping time-off abuses, such as having a written policy and a documented disciplinary process for those who violate it.
Performance reviews are an opportunity to assess employee capabilities and contributions, but also a time to reinstill the principles you want to guide their work, say members of the Young Entrepreneur Council. "Extraordinary company cultures don't happen by accident," says Kevon Saber of Fig. "Demonstrate to team members that your values and culture matter by evaluating how well each team member has exhibited your foundation values."
Retaining your best employees is about more than providing competitive pay and benefits; it's about creating the right atmosphere at work, marketing strategist Dorie Clark writes. Simple tactics such as setting realistic expectations, limiting the number of e-mails that are sent and helping your employees to develop their skills can create a culture of respect that will make workers want to stick around.
Employee accountability can be increased if managers focus on setting clear goals and informing workers of how their performance affects the entire company, Jaimy Ford writes. It's also important to remember mistakes happen and to take responsibility for your own work, Ford writes.
The precarious nature of modern employment is taking a toll on the loyalty and motivation of the workforce, Glenn Llopis writes. For a business to survive, it must be on the lookout for signs of disengagement. You might have a problem if your employees are pessimistic about the future or refuse to take risks or challenge themselves, he writes.