ENSURING A SECURE JOB

 

                                Figure 1: Secure job – source (Borowicz, 2014)

The industrialization has widened human needs compared to ancient traditional living concepts. A proper job with a better income emphasizes a standardized life that aids physical and mental health.  Job security defines as where the employer is satisfied with employees’ behavior and ensures to retain them without any sudden termination. (Hamlin, 2018)

key components of job security

·         Economic situation of the country.

·         Business condition.

·         unions.

·         Every employee’s individual facts – education, experience, performance (Khorev,2021)

Why is job security important?

After industrialization, job security begins in the economic pressures of institutions. It pervades all organizations around the world. Job security is linked to basic human needs. If the employee is satisfied with a good offer, they can easily maintain their life. Food, fame, health, love, and freedom are the basic human needs.

 

                       Figure 2: Maslow’s hierarchy of needs – source (Mcleod, 207)

Impact of job security

Job security affects employees as well as employers. In both cases, there is a complete loss of income and expectations. Employees are laid off as business collapses. When they are unable to repay the loans they receive to meet their personal needs, there are times when their lives are at stake.

Impact for employer

Any organization values its skilled manpower as assets in its organization. Organizations always try to retain their experienced employees.

·         Damage for brand value & brand name.

·         Increase the extra cost of newcomers for training & development.

·         Impact on organization outcomes.

·         Can damage Industrial peace.

Impact on employee’s

·         Unemployment

·         Financial crisis

·         Reputation

·         Mental health

·         Less morale

·         Legal issues

·         Lack of new opportunities  (Team, 2021)

How to increase job security - 

 According to (Team, 2021)

1.       Increase productivity.

2.       Be reliable

3.       Minimize distractions.

4.       Be fully present during meetings stay all-time in meetings.

5.       Volunteer to do more.

6.       Keep learning.

7.       Mentor and support co-workers.

8.       Focus on solutions.

9.       Builds relationships.

Conclusion

Job security is a major issue in the world today after globalization and the Industrial Revolution. This is another serious issue in developing countries such as Sri Lanka. The possible conclusions are as follows,

·         It directly affects the living standards of employees and employers as well as the economy.

·         Natural disasters and global pandemics can also affect job security.

·         It is the duty of employers to improve their job security.

·         It is an effective way for employers to achieve their goals while protecting the most skilled employees in their organization.

 

 

References

Borowicz, K. (2014)  Changing Jobs: 3 Things To Consider. [Online]
Available from https://www.careersingovernment.com/tools/gov-talk/career-advice/changing-jobs-3-things-consider/
[Accessed 17 12 2021].

Hamlin, K. ( 2018) What Is Job Security?. [Online]
Available from https://careertrend.com/about-5470562-job-security.html
[Accessed 17 12 2021].

Mcleod, S. (2017) Maslow's hierarchy of needs. [Online]
Available from  https://www.simplypsychology.org/maslow.html
[Accessed 17 12 2021].

Team, I. E. (2021) How To Increase Job Security. [Online]
Available from https://www.indeed.com/career-advice/career-development/job-security
[Accessed 17 12 2021].

 

CORPORATE SOCIAL RESPONSIBILITIES

       Figure 1: corporate social responsibilities – source (Stobierski, 2021)

What are corporate social responsibilities(CSR)?

Business self-regulation aimed at social responsibility. There is no specific framework by which this can be implemented. Corporate social responsibility affects the employees in the organization, the society as a whole, the economy, and the environment of the country. The main purpose of this is to bring good to the whole society. (Schooley, 2021)

Types of CSR

Corporate social responsibility is discussed in four types.

Figure 2: Archie Carroll’s Pyramid of Corporate Social Responsibilities – source (Thacker, 2019)

 

Economic Responsibility

Is the lowest level of the pyramid, in order to run a business, you must make a profit.

 These are the main objectives,

·         Institutional maintenance and payment of salaries to employees.

·         Production of goods and services required by consumers at reasonable prices.

Legal Responsibility

This is the second and most important level of the pyramid. This shows how companies are doing their business in the market. If you can’t legally assume responsibility, then the company's business is weak. Examples of employment laws, competition, tax conditions, and employee health and safety are the legal obligations a company must comply with.

Ethical Responsibility

 Creating and maintaining a good working environment for employees, suppliers, and non-employees working in an organization.

Philanthropic Responsibility

This is the highest point of the pyramid. This means that the business works for the well-being of the individual in society. (Ott, 2021)

 

Why CSR is important for the company?

The main objectives of corporate social responsibility are to do good to society as a whole. There are three main related aspects of an organization.

Employees

When the business treats its employees better, they work to the fullest.

Clients

Customers wonder if the money spent on the goods and services they buy is reasonable. So if that price is welcome then stay with the customer.

Positive open consideration

Companies do good deeds in society by setting an example for other companies.

Objectives of CSR

·         Encouraging sustainable development

·         Establishing relationships between various associations around the world that promote corporate social responsibility activities.

·         Helping any individual or organization to adopt the different practices of CSR.

·         Any possible steps to be taken to improve the CSR.  (Ott, 2021)

Conclusion

Finally, CSR is a positive aspect that extends to the employee, client, and community of a company or organization. It will improve the economic and environmental conditions of the country and thus create a pleasant employment environment.

It is not a rule to be followed, but a responsibility that everyone must take.

 

References

Ott, D. (2021) The Complete Beginner's Guide to Corporate Social Responsibility (CSR). [Online]
Available from https://www.eura-ag.com/en/blog/the-complete-beginners-guide-to-corporate-social-responsibility
[Accessed 16 12 2021].

Schooley, S. (2021) What Is Corporate Social Responsibility?. [Online]
Available from https://www.businessnewsdaily.com/4679-corporate-social-responsibility.html

[Accessed 16 12 2021].

Stobierski, T. (2021) 15 Eye-Opening Corporate Social Responsibility Statistics. [Online]
Available from https://online.hbs.edu/blog/post/corporate-social-responsibility-statistics
[Accessed 16 12 2021].

Thacker, H. (2019) Understanding the Four Levels of CSR. [Online]
Available from Archie Carroll’s “Pyramid of Corporate Social Responsibility”
[Accessed 16 12 2021].

 

PERFORMANCE EVALUATION

            Figure 1: Performance evaluation – source ( Commitment Staff, 2019)

According to(iedunote, 2021)Performance appraisal is a systematic and effective procedure for measuring an employee's overall results based on their work and their job responsibilities.

Employee performance is measured by personal attention to employees, employee performance, and evaluation.

It will increase the salaries of the employees, increase the non-salary allowances and promote the employees.

What are the Objectives of Performance Evaluation?

According to(iedunote, 2021)Performance appraisal can be analyzed under the heading Employee Performance Assessment as well as their development.

Employees' overall performance is evaluated to achieve the following objectives,

·         To know where employees are in terms of performance and to address their weaknesses.

·         To prevent illegal promotions.

·         Utilizing performance for promotions.

·         To maintain good communication among the employees and between employees and service investors.

·         Employees who complete the training period find it easier to secure a job.

·         To increase salaries and allowances.

·         To assess the training and development opportunities of the employees.

·         Utilizing employee performance for employee selection, training, and transfer.

 

What are the main benefits of employee performance evaluation?

The key benefits provided by the process of measuring staff performance directly affect the development of the staff and indirectly affect the development of the organization.

According to(questionpro, 2021)

Improved communication - Institutions provide feedback to staff, Therefore

·         Builds good communication between the employee and the organization.

·         Employees get answers to their questions.

·         Employees can improve their work.

Build a career path - Employees gain an understanding of their strengths, future goals, shortcomings, and weaknesses. The organization helps to achieve the goals and set the time.

Check engagement levels - Employees who are at the top of a performance appraisal are more proactive than their peers and have a very high level of productivity.

They actively help their colleagues.

Get feedback for yourself - One of the team members can identify the shortcomings in the performance of one member. If the performance of that member is high, he can be instructed to minimize the shortcomings of other members.

Resources planning - By employee evaluations,

·         To understand how an employee works and what their future goals are,

·         For effective goal management

·         To plan resources

·         To help you relocate your resources effectively

·         The organization can recruit new members.

 

According to (iedunote, 2021) an organization uses seven steps to measure an employee's performance.

Figure 2: 7 steps of performance evaluation – source (iedunote, 2021)

 

Conclusions

·         Employee evaluation is a mandatory process performed by each organization that is unique to each individual process.

·         It benefits the personal development of employees as well as the overall organizational process.

·         The shortcomings of the employee as well as the shortcomings of other employees can be minimized.

·         Work together as a team. Qualitative results increase.

 

References

Commitment Staff (2019) Don’t fall into the eight traps of performance evaluation. [Online]
Available from https://commitment.uk.com/news/dont-fall-into-the-eight-traps-of-performance-evaluation-commitment/
[Accessed 15 12 2021].

iedunote (2021)  Performance Evaluation: Definition, Characteristics, Steps. [Online]
Available from https://www.iedunote.com/performance-evaluation
[Accessed 12 12 2021].

iedunote (2021)  Performance Evaluation: Definition, Characteristics, Steps. [Online]
Available from https://www.iedunote.com/performance-evaluation
[Accessed 12 12 2021].

questionpro (2021) Performance evaluation – Definition, method, survey questions and example. [Online]
Available from https://www.questionpro.com/blog/performance-evaluation/
[Accessed 12 12 2021].

questionpro (2021) [Online]
Available from https://www.questionpro.com/blog/performance-evaluation/
[Accessed 12 12 2021].

 

EMPLOYEE MOTIVATION

 

Figure: 1 Motivation – source (Silver, 2018)

Motivated employees are an asset to companies. They set an example for other employees and achieve organizational goals. Motivation is of two types, internal and external. There are different institutional cultures in different countries and organizations. Therefore, different methods have to be followed for employee motivation.

What is employee motivation?

According to (Questionpro, 2021), It highlights how employees are committed to the organizational goals of an organization and the level of employee enthusiasm, energy level, commitment, and creativity.

What are the employee motivation types?

According to (Questionpro, 2021), Employee motivation is twofold, intrinsic and extrinsic motivation.

Intrinsic motivation - An employee doing well in his or her workplace on their own. Recognition, curiosity, respect, and the desire to achieve success are the hallmarks of a motivated employee. Praise increases motivation, but continuous praise can also lead to loss of motivation.

Extrinsic motivation - This refers to the motivation of an employee to act externally. For example - giving gifts, trophies, awards, and bonuses to an employee at work. Continuing with external motivation can also lead to problems and unnecessary costs. When employees are not internally motivated, external motivation is temporary.

Why is employee motivation so important?

Employee motivation affects the co-organizational structure because employees are not robots. Employees' deliberate workload increases in the face of employee motivation. According to (perkbox, 2021)

Employees spend time surfing the Internet on their phones during work hours.

Less motivation of employees and slower work.

Other employees are being lured into it and corporate resources are being wasted. Employees should therefore be motivated to prevent such wastage.

Figure 2: Motivation – source (Rietsema, 2021)

Benefits of employee motivation

According to (Heryati, 2021)

·         Increased employee commitment

·         Improved employee satisfaction

·         Improved employee efficiency

·         Improved employee efficiency

How do you improve employee motivation?

According to (perkbox, 2021)

·         Employees need to be shown that a company has a vision, Employers need to know that employees are pursuing their goals.

·         Management must make employees understand that the work of an individual employee depends on the overall outcome.

·         Employees should be motivated to hit targets.

·         Management allows give some time off for employees.

·         Employees need to know that leaders see and appreciate their efforts.

·         Create a pleasant atmosphere in the office.

·         Aiming to improve the lives of employees on and off the job and let everyone know that they work in the best place they can.

·         Encourage teamwork in an organization.

·         Managers design a career path for employees and identify and minimize gaps.

 

Conclusion

Employee Motivation How Important for Employers, Avoid wasting time and money and keep companies moving towards their goals.    

Employee Motivation How Employees' Importance, Job Security, Increasing Benefits, Recognizing Attraction. However, management must ensure that employees are motivated to a limited extent.

 

References

Heryati, R. (2021) Why Employee Motivation Is Important (& How to Improve It). [Online]
Available from https://inside.6q.io/employee-motivation-important/
[Accessed 14 12 2021].

perkbox  (2021) Why employee motivation is important and how to improve, measure and maintain it. [Online]
Available from https://www.perkbox.com/uk/resources/blog/why-employee-motivation-is-important-and-how-to-improve-measure-and-maintain-it
[Accessed 14 12 2021].

Questionpro, (2021) Employee motivation: Definition, types, importance, and ways to improve it. [Online]
Available from https://www.questionpro.com/blog/employee-motivation/
[Accessed 14 12 2021].

Rietsema, D. (2021) Proven Ways to Motivate Employees. [Online]
Available from https://matchr.com/hr-resources/employee-engagement/proven-ways-to-motivate-employees/
[Accessed 14 12 2021].

Silver, J. (2018) Employee Motivation Is The New Customer Engagement. Top Tips On How To Keep Staff Motivated. [Online]
Available from https://trainingstation.walkme.com/employee-motivation-tips/
[Accessed 14 12 2021].

Employee Engagement

                           Figure :1 Employees – source (Empuls, 2021)

What is employee engagement?

Employee performance is an indicator of an employee's interest and commitment to their job.

 According to (custominsight, 2021)  If the performance index of any organization is high, a staff of new skills and high efficiency will appear.

Why is employee engagement important?

According to (custominsight, 2021)

·         At the same time, it is easier to work with other competitors.

·         Employees work efficiently voluntarily.

·         Employees gain an understanding of the workplaces that suit them.

·         Job satisfaction.

·         Money and resources are not wasted on employers.

·         The company can produce a good product.

Benefits of employee engagement

·         Safety first - Employees' work environment must be protected.

·         Encourages employees to take proper care of their health.

·         Minimizes wastage of employer’s money when employees are happy.

·         Employee satisfaction increases in proportion to employee participation.

·         Employees bring work life and family life in a balanced way.

·         Employees reporting absenteeism.

·         Far high retention percentage in the organization.

·          

·         The greater the employee engagement within the organization, the greater the employee loyalty.

·         Customers can be better served with advanced technology.

·         The company releases quality products and services.

·         More productivity is available.

·         Makes more profit with employee engagement technology.

·         Employee involvement also increases the value of the organization that contributes to the employee, team, and business success. (Wickham, 2020)

How do you improve employee engagement?

Communicate deliberately and regularly - In a corporate environment, employees must communicate the news frequently and deliberately in places where they frequent. Digital billboards can be used for this as well as posters.

Invest in well-being - Conducting a study by the institute on the causes of mental and physical health problems of the employees of the institute. Appropriate interventions should be made on issues uncovered in the study.

Invite feedback – and act on it - Through technology, employers can search for employee feedback through anonymous online surveys, thereby providing employees with the desired benefits.

Define your organization’s purpose –  and share it we need to look at whether the mission of the organization is still valid and whether the organization is moving forward day by day.

Empower your people - Empowering and assisting your people to work automatically for the employees of an organization.

Recognize good work - Public thanks should be given in front of other employees for encouraging efficient employees in the organization. (Newbery, 2015)

Conclusion

 Employee engagement produces an efficient workforce. They contribute to achieving corporate goals, but corporate management must always be vigilant about employees.

References

custominsight (2021) What is Employee Engagement?. [Online]
Available from https://www.custominsight.com/employee-engagement-survey/what-is-employee-engagement.asp
[Accessed 14 12 2021].

Empuls (2021) 5 Horrific Employee Engagement Strategies To Avoid. [Online]
Available from https://blog.empuls.io/employee-engagement-strategies-to-avoid/
[Accessed 14 12 2021].

Newbery, C. (2015) Six HR strategies for improving employee engagement. [Online]
Available from https://www.ciphr.com/advice/six-hr-strategies-for-improving-employee-engagement/
[Accessed 15 12 2021].

Wickham, N. (2020) Why is Employee Engagement Important? 14 Benefits Backed By Research. [Online]
Available from https://www.quantumworkplace.com/future-of-work/14-benefits-of-employee-engagement-backed-by-research
[Accessed 14 12 2021].