Corporate Executive Board

Boosting Employee Productivity


The magnitude of the economic downturn for mid-sized organizations has been significant. Profits are down, workforces are shrinking, and employee engagement levels are tanking. According to new research by the Corporate Executive Board (CEB), there has been a substantial decline in employee engagement, resulting in as much as a 5% reduction in employee productivity.

In a survey of more than 140 organizations, the HR Leadership Council, a CEB program for HR professionals at mid-sized organizations, found that mid-sized companies are undertaking typical cost-cutting measures. However, while most organizations might concur that lay-offs, hiring freezes, and reduction in compensation are the right ways to manage costs in a down economy, they may also be underutilizing the very thing that can successfully combat the waning productivity and disengagement that typically accompanies the state of "survivor syndrome" among remaining employees: the actions and influence of managers.

Maximize Manager Impact While in Cost-Cutting Mode:

#1: Communicate compensation changes through managers, not HR
#2: Task managers with spearheading low-cost reward and recognition programs
#3: Don't hold on to dead wood—trade up on talent
#4: Fight declining productivity with performance management compliance

Provided by Corporate Executive Board —What the Best Companies Do™

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CEB specializes in helping companies drive corporate performance by identifying and building on best practices. The organization offers data analysis, research, and advisory services relevant to business leadership. CEB's client and member network includes 85 percent of the Fortune 500, 50 percent of the Dow Jones Asian Titans, 70 percent of the FTSE 100, and 80 percent of the DAX-30. CEB membership encompasses 50 countries, 5,300 individual organizations, and 225,000 business professionals.

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