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Saturday, August 21, 2010

5 WAYS TO STAY MOTIVATED WHEN THE PERKS DISAPPEAR

2009 has given employers and employees a run for their money -- literally. Budgets have been cut, layoffs made and furloughs instituted, and benefits and perks have evaporated.
At the beginning of the year, 38 percent of employers said the economy would force them to make administrative cuts sometime during 2009, according to a survey by CareerBuilder.com. Sixty-five percent of those employers indicated that they would cut back company social events, 61 percent anticipated curtailing business travel, 25 percent expected to scale back on health-care benefits and 11 percent planned to reduce wellness benefits. Other areas where companies planned to cut spending included special office perks, such as coffee, ice machines or discounted vending (34 percent), incentive trips (28 percent) and philanthropic activities (21 percent).
Such perks and benefits being taken away make for a tough situation for employees. Not only are they working harder to keep their jobs, but workers have to do more for less. While some argue that it's hard to keep employees motivated in this situation, others say that they shouldn't focus on incentives, but rather think about the bigger picture.
"When perks and benefits are taken away, management often does this to allocate resources where they're needed, elsewhere. The money being saved by not buying bagels every Friday or purchasing Christmas gifts for employees may be going towards your salary," says Tom Gimbel, founder and CEO of LaSalle Network, a staffing and recruiting firm. "If you had to choose between taking a salary cut and not having free coffee versus being let go, most employees would likely take the former."
Urmil "Tracy" Marshall, coordinator for the Office of Diversity and International Affairs at Fort Valley State University in Fort Valley, Ga., agrees that it's important not to focus on what is being taken away. She says that due to budgetary constraints, furloughs were implemented at the school; but rather than get discouraged, she focused on the positive.
"I reminded myself how blessed I was to even have a job," Marshall says. "We need to remind ourselves of our priorities in life, placing a greater emphasis on what we have -- not what we don't."
Communication is key
Although it's understandable for employees to be upset, frustrated and discouraged when benefits or perks are taken away, Kevin Sheridan, founder and CEO of HR Solutions, which specializes in helping organizations to keep employees engaged, says that employees are less likely to be upset if management communicates with employees.
In fact, 82 percent of employees surveyed in HR Solutions' International Normative Database say that it's important that their organization allow them to choose from a variety of benefits to meet their individual needs. The survey consisted of more than 3.3 million responses from 2,400 organizations.
"If an organization's leadership team simply decided amongst themselves which benefits would be best to cut, employees will commonly become upset and their engagement will be negatively affected," Sheridan says. "Open communication is a key driver of engagement, and employees will immediately recognize the fact that they had no voice in the situation. If leadership had simply asked employees which benefits were important to them, this situation may be avoided."
Attitude is everything
Despite having to deal temporarily with a few displaced benefits or perks, there are benefits to sticking around with your employer until those things are reinstated.
"It's a good time to remember that the perks were never the reason that you liked the job. No one gets up in the morning saying, 'I'm really excited to go to the office because there's free coffee,'" says Paul Glen, author and management columnist. "If people feel that the [cuts] are being made in a good-faith effort to save jobs, they will be even more loyal than before, since they believe that the company is working on their behalf -- not just for executives."
Additionally, according to the HR Solutions survey, 37 percent of employees have thought of resigning in the last six months. Twenty-three percent said they thought about leaving because of pay; 18 percent because of a supervisor or manager; 15 percent because of career advancement; and 5 percent because of benefits. Thirty-nine percent considered it for other reasons.
"This statistic is especially important because many organizations have cut benefits over the last six months, and it illustrates that the majority of employees have not thought of resigning as a result of adjusted benefits," Sheridan says. "These employees recognize the advantages of sticking around with a company, benefits or not, for advantages such as career development and compensation. Also, as soon as the economy picks up, many benefits programs will be re-evaluated; employees sticking around with these organizations will not remain without benefits forever."
Workers should also remember that there could be consequences to abandoning a job just because you lost free coffee or a transportation reimbursement. If you're thinking about leaving your job for such reasons, make sure that your missing perks outweigh any possible career advancement or opportunities you would receive if you stayed.
"In this economy, it may be very hard to find another job, and there's no guarantee that one will have free coffee, either," Glen says. "Also, at the new job, even if it is good, the employee will have less tenure and is more likely to be cut in future layoffs."
If you've had benefits or perks taken away in recent months and need help staying motivated, remember these five tips from our experts:
1. Get over it
"The longer you talk about it to fellow employees, the longer you will have bad feelings, cause others to have bad feelings and be less productive yourself, which is not what will help the company be able to restore what has been taken away," says Aubrey Daniels, author of "Oops! 13 Management Practices That Waste Time and Money (and What to Do Instead)."
2. Find motivation
Sheridan encourages employees to find motivation through career planning with supervisors, interacting with co-workers or being proud of where they work. For example, an employee could volunteer to act as a sounding board for job candidates considering employment at the organization.
3. Create your own perks
Nancy Irwin, a motivational speaker and author, says employees can take turns bringing in coffee, bagels or potluck lunches to help fill the void of things that have been cut.
4. Understand what's still offered and take advantage
Darcy Eikenberg, president and chief creative officer of Coach Darcy LLC, recalls a client who didn't sign up for a course because she thought training costs had been eliminated. She realized that a co-worker was taking the course and getting it paid for from tuition reimbursement, an area that hadn't been cut. "Do a deep dive into your company's programs, policies and even discounts because there's probably something you can use now," she says.
5. Focus on the solution, not the problem
Concentrate on actions today that will affect your organization's success and growth tomorrow, says Jonathan Berger, director of human resources at Direct Agents, an interactive advertising company. "Take this time as an opportunity to offer new ideas to your managers and take an active and entrepreneurial role in helping your company overcome straining times. If you do a good job, you may be rewarded for your efforts when things improve," he says. "In addition, by taking on new challenges and opportunities, you can further develop your skills and make yourself a more valuable asset to any organization."

Monday, August 2, 2010

WHY DO YOU WORK?

You get up at six every morning, rush to work, where you spend the sunniest nine hours of the day. This is the routine for millions of people. Any of you stopped to ponder spending those nine hours differently?

Why do we work?

There are various reasons why people work, and why they do the particular work they do. Some people stick to what they're good at, avoiding challenges. Some have been doing the same job for years and can't get out of the comfort zone. And some simply enjoy what they do. But the deciding factor is usually the security bought about by a sizeable income.
The majority of the world's employed population work for money, not love. Ideally, we'd all fall into the minority. But this would only happen if love could feed the family, cover the bond on your house and materialise into petrol. However, there is a way to do what you want, despite your circumstances or experience. Here's how…

Five steps to job satisfaction

1.Take time out
You need to think about what it is you really want. As graduates, we know exactly what we want from life, what we want to be and accomplish. But five years into the job we got straight out of varsity, when work life is devoid of challenges, it's difficult to remember exactly what those goals were. Your idea of a dream job may have changed along with your priorities, so it is important to get a clear idea of what kind of work will enrich your life now. Make a list of all your personal and professional goals. Then ask yourself whether your current job will help you accomplish them. If not, you need to reconsider finding another job.

2. Take the practical route
The most practical way to figure out what will make you happy is to take a career assessment or aptitude test. These assessments take your strengths, weaknesses and goals into account and will give you an accurate indication of the direction you need to go into. Another practical route is to undergo career counselling.

3. Make plans
Once you've figured out what your career goals are, you need to set plans in action. If you plan to leave the company, you need to re-work your CV and start looking for a new job.

4. Take action
According to About.com, there are 10 top reasons to quit your job. These are:


1. You are heading for a burnout, due to work stress.
2. Your relationship with your manager has become unbearable.
3. Your relationship with your colleagues has deteriorated to the point where you can no longer work together as a team.
4. You have ruined your good reputation through behaving inappropriately in the workplace. You may as well quit before you get fired.
5. Your ethics are out of sync with the company. Even though you're not involved with the malpractice, you feel guilty just for coming to work.
6. Your company is heading for bankruptcy.
7. Your priorities have changed. If you have started a family since joining the company and your new needs are not being met, you may want to find a job that can provide you with what you require to support your family.
8. Your values and beliefs differ with the company's corporate culture.
9. You are in perfect health and yet you struggle to get out of bed in the morning. This is a sign that you no longer enjoy your work, and therefore don't look forward to doing it.
10. Work is no longer challenging and there's no chance of a promotion in the next three years.

This is when you know that it's time to go. If things at the office are not this bad, you may want to stick around and make the best of it.

5. Love the one you're with
So, you'll never be the next president. But you can make the best of the job you have. If your work's not challenging enough, spend your free time doing what you love. If you don't earn enough, turn your hobby into an entrepreneurship in you down-time. You spend 40 hours at work every week. Work shouldn't take up your whole life. It represents only a portion of what you do and who you are. Ensure that you spend the rest of the week doing the things you love to ensure you lead a fulfilling life.