{"id":699,"date":"2019-09-09T12:16:48","date_gmt":"2019-09-09T12:16:48","guid":{"rendered":"http:\/\/www.hofferplastics.com\/?p=699"},"modified":"2025-11-13T22:20:33","modified_gmt":"2025-11-14T04:20:33","slug":"five-human-resources-tips-to-improve-your-bottom-line","status":"publish","type":"post","link":"https:\/\/hofferplastics.com\/leadership-values\/five-human-resources-tips-to-improve-your-bottom-line\/","title":{"rendered":"Five Human Resource Tips To Improve Your Bottom Line"},"content":{"rendered":"\r\n

\"3When most organizations think about human resources, they think of workplace mechanics like compensation, performance, safety, wellness, benefits, and training.<\/p>\r\n

When I think about human resources, I think about people. Without a human resource department, there is no dedicated team for attracting, training, and retaining talented people. And without people, there is no business.<\/p>\r\n

People should be top of mind for every executive, director, human resources professional, and CEO. Here are five people-focused HR tips that will improve your bottom line:<\/p>\r\n

1) Quality of Life<\/h3>\r\n

For better or worse, the HR department has responsibility for employee satisfaction – satisfaction with superiors and colleagues, and satisfaction with the daily duties of the job.<\/p>\r\n

So, how does a company measure satisfaction? Surveys? Exit interviews? Focus groups? I\u2019m frequently asked what tools are best. There isn\u2019t one answer. Test out some options and learn what generates the most insightful, specific feedback for your organization.<\/p>\r\n

Whatever tools you choose, the most important thing is that asking employees about their satisfaction is a frequent and consistent part of your business operation.\u00a0Your employees spend more time at work than they do with their families, friends, and loved ones, and their dissatisfaction is costing you. One report found that every employee exit<\/a> costs a company 33 percent of the exiting employee\u2019s annual salary. So solicit feedback regularly and make employee satisfaction your priority. Your bottom line will thank you.<\/p>\r\n

2) Kindness<\/h3>\r\n

Brene Brown wisely said: \u201cTo be clear is to be kind.\u201d<\/p>\r\n

In today\u2019s workforce, kindness goes a long way. Given the diversity of work styles, personalities, professional experience, and employee backgrounds, it\u2019s a given that arguments and disagreements will happen from time to time. A smart HR manager should invest his or her time identifying ways to mitigate arguments and encourage positive and healthy working relationships between employees. Anyone who has watched a millennial email with a baby boomer in the office knows that what is clear to one person is not always clear to another. To minimize disagreements over expectations, provide resources such as trainings, templates, and workplace standards that encourage clear, open, and transparent communication, as well as healthy, professional ways to address conflict resolution.<\/p>\r\n

3) Be An Example<\/h3>\r\n

As a leader, all eyes are on you. HR is looked to as the \u201cexample\u201d for the rest of the organization. A dysfunctional and frustrated HR team translates to a dysfunctional and frustrated office. Set the example as a professional by being accessible, shutting down office gossip, setting clear expectations, communicating clearly and effectively, and putting forward a positive attitude.<\/p>\r\n

4) Laughter<\/h3>\r\n

\u201cIn every job that must be done, there is an element of fun.\u201d \u2014\u00a0Mary Poppins<\/p>\r\n

Many may disagree with this point of view, but I truly believe that laughter should be part of the DNA of any organization. Leaders who can laugh at themselves are seen as more human and trustworthy, and laughter also goes a long way in reducing stress. It makes people feel comfortable, provides perspective, and sets a positive tone of openness in the company. One thing to be mindful of: use a tone that\u2019s appropriate and be sure to never make another employee a target.<\/p>\r\n

5) Build Your Employees Up<\/h3>\r\n

Want to know what your employees need to meet the demands of their job? Ask them. 50 percent <\/a>of employees say they would quit their job if training was not offered. So invest time and resources into continually developing your employees \u2014\u00a0whether it\u2019s internal training or external. Work with each employee to define a training and retention strategy to reduce turnover. Many organizations find the use of formalized programs like \u201c360 feedback\u201d or peer review that are often done anonymously. In my experience, I’ve found that just having more frequent, focused, and personal dialogue with my team members to be the most impactful. Our discussions often center around their ideas of what’s working and what can be improved. The inherent value adds of 1:1\u2019s and asking for their ideas is extremely effective in building a strong culture of openness, trust, and collaboration.<\/p>\r\n

 <\/p>\r\n

This article was originally published on HR.com:<\/em> https:\/\/www.hr.com\/en\/magazines\/hr_strategy\/august_2019_hr_strategy_planning\/improve-your-bottom-line_jzp95ubz.html<\/p>\r\n","protected":false},"excerpt":{"rendered":"

At family-owned Hoffer Plastics, Gretchen Farb oversees the finances of the plastic injection-molding business as well as the Hoffer Foundation. She manages the company\u2019s investments and its 401(k) plan. In the last 12 to 18 months, Farb instituted new enterprise resource planning software and helped lead the company to a record year. Revenue last year rose 12.5 percent to $90 million . . .<\/p>\n","protected":false},"author":4,"featured_media":700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"tpl-full-width.php","format":"standard","meta":{"footnotes":""},"categories":[10,37],"tags":[],"class_list":["post-699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-leadership-values","category-people-culture"],"yoast_head":"\n5 HR Tips to Improve Your Bottom Line<\/title>\n<meta name=\"description\" content=\"Discover five HR strategies\u2014like boosting satisfaction, communication, and training\u2014that help enhance your company\u2019s financial performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hofferplastics.com\/leadership-values\/five-human-resources-tips-to-improve-your-bottom-line\/\" \/>\n<meta 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