GiftCard Partners Blog

GiftCard Partners receives prestigious When Work Works Award

Employee leadership is critical to maintaining employee morale and motivating employees toward organizational goals. Here are three tips to ensure you lead your employees effectively.

Effective employee leadership can be difficult for any management team, and leadership tactics can vary greatly based on the size of your organization and your company culture. However, some principles of effective employee leadership can be universal and really speak to the way you handle your organizational affairs from the perspective of your employees. Here are four tips to instill employee confidence through effective employee leadership.

Employee development is an underutilized human resources tool. Putting an emphasis on manager coaching and development at all levels of an organization can be the best way to build a great culture and make your organization a great place to work. Employee development begins with clear and open communication, giving employees the resources they need and giving employee autonomy where possible. Avoiding micro-managing in favor of long-term employee development not only makes your workforce stronger as individuals, but it breeds a culture of loyalty, trust and advancement. As you can see below,
only 46% of employees feel that their managers communicate openly and clearly. Ensuring that employees are getting honest feedback and that expectations are being set and communicated appropriately are two of the most important things a manager can give an employee to help further develop their careers. A solid foundation will lead to a long future for your employees and your organization. When employees are happy, satisfied and feel like they not only work each day, but learn and improve, productivity and job satisfaction also improve.

Employee retention is a hot topic in a job market where there’s no such thing as a “company man” anymore, and changing positions every 2 years has become the norm. For employers, employee retention should be a top priority for any HR staff because frankly, new employees are expensive. Between onboarding, training, manager’s time lost, break in team rhythm and potential costs of signing bonuses, relocation or travel and new employee socialization taking on new employees are expensive. Check out the infographic below for a full breakdown of why making employee retention a priority can help keep your organization in the black for the back half of the year. Employee rewards programs can often fall victim to budget cuts, or not get approved at all due to lack of executive buy-in. However, make smaller investments in employee rewards like gift cards or extra time off can actually provide ROI, not only in the saved cost of employee retention but also in increased productivity and further employee motivation across your entire workforce. Positioning employee rewards programs as promoting employee retention, and even the “lesser of two evils” can help any executive see the benefits of employee retention vs. employee on-boarding. Thanks to 
SHRM.org for this great infographic on the ROI of Employee Retention