Retaining your best employees – Gratitude, Feedback and Work as a Product

I rarely ever write 2 blog article back to back. However the feedback I got to yesterday’s Blog Article about why employees quit their jobs, was overwhelming. Many sent private messages, emails or even called me. You can also listen to a podcast about yesterday’s article by clicking HERE. So I decided to write a sequel to yesterday’s article that builds on it, based on other very recent Harvard research articles, which argument that the best employee retention strategies are based on Gratitude, Feedback and presenting Work as a Product.

(A) The Power of Gratitude

Expressing gratitude to employees, particularly before they undertake challenging tasks, can significantly impact their resilience and persistence. Research shows that pre-emptive gratitude helps to mitigate negative emotions associated with difficult tasks and fosters a sense of social worth among employees.

To effectively express gratitude the following needs to take place:

  • Anticipate potential sources of distress and difficulty for employees. This requires understanding the challenges inherent in their roles and acknowledging their potential emotional impact.
  • Express genuine and specific gratitude, highlighting the employee’s positive impact and the value of their contributions
  • Check in with employees after challenging situations, providing support and reiterating your appreciation.
  • Foster a culture of gratitude within the organisation, encouraging peer-to-peer and upward expressions of appreciation.

(B) Transforming Feedback into Action

Organisations often face challenges in translating employee feedback into meaningful actions. The research articles identify the below key challenges and offer strategies for overcoming them:

1. Making Employees Feel Heard: Employees are more likely to provide feedback when they believe it will be genuinely considered. Organisations should demonstrate active listening by reflecting and summarising key themes from feedback, and clearly communicating how they will act on employee input.

2. Identifying Underlying Problems: Employee feedback may point to symptoms rather than the root causes of issues. Organisations should use follow-up methods, such as focus groups, to gain deeper insights and explore the underlying causes of employee concerns. This process may uncover systemic issues, such as cultural barriers or lack of resources, that require broader organisational changes.

3. Protecting Employee Privacy: Balancing the need for granular analysis with the importance of maintaining employee confidentiality is crucial. Organisations should clearly communicate their data privacy policies, distinguishing between anonymous and confidential feedback, and provide employees with choices regarding the level of anonymity they prefer.

4. Navigating Conflicting Views: Employee feedback rarely results in unanimous agreement, and leaders must be prepared to navigate conflicting perspectives. Transparency in decision-making processes is key, acknowledging disagreements, explaining decision criteria, and demonstrating how diverse viewpoints were considered.

5. Not Burying Bad News: Leaders may be tempted to ignore or downplay negative feedback, but addressing difficult issues is essential for building trust. HR professionals play a critical role in educating leaders about the value of all feedback and helping them translate negative feedback into actionable insights aligned with strategic goals.

6. Providing Meaningful Follow-up: Acting on feedback requires allocating resources, shifting priorities, and clearly communicating progress to employees. Organisations should establish clear action plans, assign ownership for initiatives, and track progress using dashboards and regular communication updates. The process of addressing employee feedback should be ongoing, with continuous monitoring and adjustment based on evolving needs and new insights.

(C) Reimagining Work as a Product

There is great benefit in the new perspective and innovative approach to employee engagement, by reframing work as a product that employees “purchase” with their work. This perspective requires understanding the diverse needs and motivations that drive employees’ decisions to engage with their work.

Key elements of this approach include:

● Discovering what employees truly value in their work experience through in-depth research and qualitative interviews.

● Finding work that aligns with employees’ individual preferences and helps them thrive.

● Facilitating career conversations that focus on understanding employees’ needs and designing work experiences that meet those needs.

● Considering alternative management structures, such as distributed responsibility, to allow managers to focus more on crafting desirable work experiences for their teams.

Implementing this new perspective presents several challenges, including:

● Shifting the HR mindset from a cost-centre focus to a customer-centric approach.

● Balancing employee preferences with organisational needs and setting realistic expectations.

●Maintaining fairness and transparency in work allocation and performance evaluations.

● Aligning incentives to encourage managers to prioritise employee happiness and long-term career fulfilment and not just the usual output related incentives.

By embracing all of the above strategies and adapting to the evolving needs of the modern workforce, organisations can unlock the full potential of their employees and create a thriving, engaged and successful workplace.

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