Your Job Is at Risk – What Do you Do?

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Your job can be on the line for several reasons that might or might not have to do with you directly. Instead of launching into a frenzy when you realise that you might not have a job in the near future, you should instead take stock of the situation and deal with it in the most dignified way possible. In addition to securing your future finances, you’ll also have to be emotionally strong to overcome this situation with grace. Preparing for it in advance won’t only soften the process, but it will also help you create a rough roadmap of how you plan to move past this and get your career on track once again. Here are three things you can proactively do if your job is at risk.

Take heed of your financial situation As soon as you find out that your job is on the line, assess your financial situation to make sure that you have at least six months of savings to get you by. If you don’t, make a note of the expenses that aren’t necessary and cut them down. This way you’ll be able to save more money than you otherwise would. Once you are certain that your flow of income will stop soon, you can also sell the useless items in your house on the internet. Doing this will not only give you some extra cash in hand, but it will also help you get rid of the unnecessary items in your house once and for all.

If you start to feel that your job is on the line, you should behave proactively and prepare in advance. Preparing can help you a lot for softening the process and let you plan how you are going to deal with this both emotionally and financially.  Below you can find steps which will help you overcome this situation.

1. Shorter Conversations with the manager

Subtle personality changes can be extremely informative. Everyone experiences off days now and then, but pay attention if you notice a string of off days coming from your boss where you’re concerned. If you once enjoyed a friendly relationship with your supervisor but have noticed them growing increasingly distant, this may be a red flag. 

2. You aren’t receiving new assignments

After working at place for a while, you become familiar with the ebb and flow of your workload. When you start to notice that times that were once busy for you are now stagnant, you should be on high alert. Your manager may be reallocating your duties to others in the wake of your impending absence.

3. Employees ask you to train them

Being asked to teach other people how to perform tasks that only you are responsible for is usually a clear sign that you should be weary. When you’ve been solely responsible for tasks for a while and now you’re being asked to share your knowledge, this may be a bad sign. Maybe you’ve noticed coworkers who once showed little interest in how you complete tasks asking questions about your processes or your boss has directly asked you to train someone.

4. No invitation to staff meetings

Finding yourself not invited to meetings after you’ve typically been asked to attend is a major signal. This may be especially significant if you notice people in your department or who share your grade are being invited while you’re excluded — especially if they typically weren’t invited in the past. Being shut out never feels good, and sometimes it can be extremely telling.

5. Start being proactive

Be around your boss more often and offer to help him with his/her tasks. If your boss doesn’t want your help, then, ask other managers if they need help. Don’t sit on your corner all day long. Be visible and show that you are willing to help and perform the given tasks. Maybe another department manager sees your value and takes you to his/her own team.

The moment you find out that there is nothing you can do to save your current job, start hunting for a new job. You can attend networking and corporate events, talk to people in your own industry, and update your resume to apply for jobs. There are several online and offline recruitment agencies who can help you in your job hunt. Apply early and go for as many interviews as you can. This way you’ll know how many companies are hiring and you’ll have a better understanding of the market conditions. The most important thing, however, is to not panic, and believe that this too shall pass. See where you went wrong in your current job and make sure to not repeat the same mistakes in the future.

Is your job security at risk? Remember: There’s no point in panicking. Instead, take a deep breath, tidy up your resume, and brush up on your interview skills. Keep your head up and your movement forward.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:
https://www.businessinsider.com/signs-losing-job-security-at-risk-2019-10
https://yourstory.com/2017/05/job-at-risk
https://www.entrepreneur.com/article/289672

Overcoming Negativity in the Workplace

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Negativity takes a toll on many aspects of the workplace. It affects everything from engagement to productivity, and even affects employee retention. No one likes to work in a toxic work environment, period. Combating negativity is not an insurmountable challenge; you just have to go about it in a strategic manner. The days of gathering around the water cooler have moved online, adding another challenge as people can hide behind screens and think less about the impact of their words and actions.

Workplace negativity disrupts productivity. It creates a place where employees dread coming to work, and employees who harbour negative attitudes about work can be toxic workers with performance issues. Employees who continually express negative opinions about the company and their co-workers may need strict counselling to modify their behaviour and attitudes. Attention to employee dissatisfaction is a sure way to overcome negativity in the workplace, however. Giving employees the opportunity to express their feelings about the workplace and helping them resolve issues that cause negativity are effective management methods.

How is it that just one discordant colleague, a single voice of negativity in a business unit or project team that is upbeat and enthusiastic, can cast such a long shadow on group morale? How does one bad apple always seem to spoil the whole bunch?

The power of bad also explains why it is so hard to sustain innovation over the long term, even when things are going well. It turns out that the impact on morale of even a small setback — a project that goes over budget, a product that does not deliver particularly well — can overwhelm all the successes that surround it. In order to overcome a setback, it usually needs 4 good things to happen.

Researchers have documented the positive impact of “social support” — friends, colleagues, neighbours who pump you up and cheer you on. Researchers have also documented the negative impact of “social undermining” — people who gossip, carry grudges, and otherwise bring you down. Not surprisingly, “Social undermining was found to have a bigger impact than social support.” So leaders with great ideas and good intentions won’t stand a chance of succeeding unless they are going to remove the bad apples within their department or organisation.

No Criticism, but Education

Too often our reaction to seeing or experiencing a negative or unfavourable behaviour is to do one of two things – ignore it or complain about it. These are natural reactions, yet they’re decidedly counterproductive. To make an impact and enact change, you have to take action and educate people. Call out negative actions when you see them, but remember that criticism isn’t taking action. You need to educate people on how they transform negative behaviours in a positive way.

Many negative behaviours are unintentional and go unnoticed by the individual. Frequent interrupters often don’t realize how disruptive they are. People making insensitive comments might think they’re being funny. Let them know how their behaviour is resulting in a negative impact. Show them the direct consequences of their actions and help them change. In the same line, be aware of your own behaviours and model positive actions whenever possible.

Speak Up

Take a stand against negativity and make your voice heard. You can’t create change by staying silent. Have conversations that address any negative behaviors you witness. Question why we’re allowing those negative behaviors to happen in the first place. Just because a negative action has been allowed or people have looked the other way in the past doesn’t mean it has to be that way forever. Have the difficult conversations. Stand up for what you believe in and push for change.

Don’t Address the Problem On your own

If you observe negative behaviour, chances are you aren’t the only one witnessing it. Find others who are willing to speak up. One voice makes a ripple, a group of voices creates waves, and many voices produce a tsunami. Find as many people as you can – there’s strength in numbers. Use that power in numbers to drive change at a faster pace. The more people you can get to be on the lookout for negative behaviours, the quicker you’ll see the changes in the workplace.

Ultimately, the good news is that bad news doesn’t have to drag down your company or your team. But it does require all of us, as executives, entrepreneurs, and change agents, to infuse well-designed strategies with a healthy dose of psychology. In business, as in life, it’s hard to get to the good unless you overcome the power of bad.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:
https://smallbusiness.chron.com/overcome-negativity-workplace-11532.html
https://www.forbes.com/sites/ashiraprossack1/2018/07/24/how-to-overcome-negativity-in-the-workplace/#19a519f641fe
https://trainingindustry.com/articles/strategy-alignment-and-planning/5-ways-to-overcome-negativity-in-the-workplace/

The Disadvantages of Business Ethics Worldwide

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Ethical compliance within an organisation is done for the benefit of the company and the employees. A well-crafted ethical compliance policy will help you and your employees make day-to-day decisions that advance your business goals without venturing over to the “dark side.” The use of ethical standards can both reduce the chances of a workplace lawsuit and help to create a positive work environment.

Reputation is one of the most valuable assets a firm can have. Leaders, managers, and employees care about their social reputation: They want to be seen as competent, generous, efficient, honest, and fair. However, an emerging body of research suggests that focusing too much on reputation can sometimes have a negative effect: Attempts to maintain the appearance of doing what’s morally right can lead decision makers to engage in various wrongs.

Take, for example, the Hallmark Channel’s stance on an advertisement it recently ran, featuring two brides kissing at the altar. After receiving public pressure from an advocacy group, Hallmark decided to stop running the ad because the brand did not wish to be “divisive” or “generate controversy.” However, this desire to appear impartial and stay out of the fray conflicted with the organisation’s stated value of “helping all people connect.” In an attempt to preserve its reputation for inclusivity, Hallmark ended up creating division.

Another example is represented by the events that led up to the great economic recession in 2008 and 2009 have placed a renewed emphasis on business ethics. Questionable financial reporting, inflated executive compensation and worthless public assurances undermined consumer and investor confidence and reignited the debate about whose interests a business should serve. While it seems that only good things should arise from business ethics, a business may be restricted in its freedom to maximise profit.

Companies increasingly recognise the need to commit to business ethics and measure their success by more than just profitability. This has led to the introduction of the triple bottom line, also known as “people, planet, profit.” Companies report on their financial, social and environmental performance. The Dow Jones Sustainability Index benchmarks companies who report their performance based on the triple bottom line. This type of performance reporting acknowledges that companies must make a profit to survive, but encourages ethical and sustainable business conduct.

Overall Management Strategy

One of the disadvantages of an ethical compliance program is that it requires the comprehensive support of management to be effective. If members of the management team decide to apply their own version of corporate ethics to the way they manage their departments, then this clash of principles can cause confusion in the workplace.

For example, a manager who tends to look the other way when his employees are committing sexual harassment sets a precedent that can start to undermine the entire corporate culture. As the ‘MeToo’ movement has made crystal clear, even with detailed policies in place, senior managers all too often act as if the rules do not apply to them.

Lack of Profit Maximisation

Developing, implementing and maintaining an ethics compliance program within your organization can be expensive and time-consuming. Ethics policies need to be continually updated to reflect changes in workplace laws and changes in your company culture as the organisation grows.

Proper administration of an ethics program often requires the hiring of an ethics officer and the commitment of company financial and personnel resources. Companies with international activities not only have to adhere to domestic laws in the United States, but have to monitor compliance with the laws and norms of behaviour in other legal systems and other cultures.

Another example in this category is, having factories in developing countries can reduce costs. This is because companies can have practices in place, such as child labour and low wages, which help to maximise profit. But although these practices are legal in those countries, they’re also incredibly unethical and will obviously never be tolerated by a company following ethical practices.

Improvements in working conditions, such as providing workers with living wage and having proper health and safety standards in place, are ethical but raises the amount it costs to run these factories. This, in turn, reduces profit which might not be an issue for large companies who can afford to allocate costs. But it can be an issue for small businesses, especially if they’re evolving.

Luckily, there are many different ways to operate ethically so companies can choose the ethical practices and approaches that best suit them. For example, advertising can considerably boost a company’s brand awareness. If you choose an outdoor print solution from a print specialist who can produce these products ethically, you can boost your reputation among your target audience even more.

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Sources:
https://blog.dominionprint.com/advantages-and-disadvantages-of-business-ethics-in-the-real-world
https://smallbusiness.chron.com/advantages-disadvantages-business-ethics-10414.html
https://hbr.org/2020/02/research-the-downsides-of-trying-to-appear-ethical

Organisations Have to Prioritise Young Workers’ Mental Health

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Young workers aged between 18 and 30 are more likely to have mental health issues than their senior colleagues, with a whopping 48% reporting suicidal thoughts or feelings. This information has been made available from a survey of around 3,884 people conducted over two years by Accenture revealing this worrisome fact. In comparison, only 35% of older workers experience such dark emotions.

Even though they are more susceptible to experiencing such feelings, 45% of young workers admitted to ‘holding back’ from talking about their mental health in the workplace, compared with only 22% of older employees.

Younger people have also reported that they are experiencing more pressure in their lives than their older counterparts, with 4 out of 10 people between the ages of 18 and 30 revealing that the pressures from work are affecting them on a daily basis, 1 in 3 are worried about the mental health of someone close to them.

Barbara Harvey, managing director and mental health lead for Accenture UK, has said “It’s clear that many young people face challenges with their mental health before they enter the workforce and while working, and that they are affected more often than their senior peers. Therefore, mental health must be a priority issue for employers.”

The aforementioned study has also brought up to the attention of the general public about the advantages of working in a supportive and open culture, with 41% of those working in such environments experiencing mental health challenges, compared with 65% in less supportive environments.

Mental ill health has been estimated to cost the UK economy around £94 billion per year, according to figures released in 2018 by the Organisation for Economic Cooperation and Development (OECD), with 1 in 6 people across Europe struggling with their mental health.

The financial aspect alone offers a compelling and insightful reason for organisations to take action in addressing this problem. For example, in 2017, an independent review commissioned by the British prime minister put the annual cost to UK employers of poor mental health in workers between £33 billion and £42 billion.

Additional action needs to be taken. Here are 3 simple actions leading organisations have started taking to get things moving faster in the right direction.

1.   Onboarding is Essential

Young people often enter the workforce with little sense of what is about to hit them. It’s important to help them make the transition to a kind of pressure many have never faced before.

Boots, a UK health, beauty and pharmacy company, regularly reaches out to secondary schools, colleges, and local universities. It runs workshops and gives talks that help potential recruits better understand the workplace, and taps its own younger employees as leaders of these events to ensure that the messages resonate. Boots also helps young hires to build skills and confidence and better adjust to their new responsibilities through group discussions and workshops. Early-career tutors are trained to help these workers and are, in turn, helped by others; they know how to escalate any concerns to a colleague who has had specific training on mental health issues.

2.   Train Them How You Want Them

Once people have been onboarded, they need help understanding how to manage the stresses and strains of the job and how to deal with those particular situations. The key here is to design solutions.

The international law firm Allen & Overy has many trainees, most of whom join on a two-year contract. Working with and led by the younger cohort, senior managers created a programme that focuses on the human element of life as a lawyer. Trainers equip new lawyers with ‘practical resilience skills and advice’ to help them achieve a healthy work-life balance in a high-pressure environment. Among those lessons are included how to set and maintain boundaries between personal and work time. A message that is best delivered by people who have experienced that.

One recent pilot initiative coming out of this process involves ‘protected evenings.’  It allows trainees to flag nights that are important to them, giving them more control over their schedules. Trainees also publish a newsletter every two weeks that helps address key concerns on their agenda.

3.   The Role of Senior Leaders

They should be open about the challenges they have faced and they should show vulnerability. When they speak up, not only would they help their struggling younger workers realise that they’re not alone, they would also be giving them some language to use to describe their own experiences.

Paul Feeney – CEO of Quilter a wealth management company in London – has stated that making it personal is the best solution: “In our industry, we have a saying, ‘Don’t take it personal.’ We should make it personal. People need to know it is OK to not be OK. The best thing to do is open up and talk about it.”

The more we can do to reduce the stigma of this topic and bring it further out of shadows into the mainstream, the less will people need to be brave to talk about their experiences. And they will be happier, more confident, and more productive at work and beyond.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.zenefits.com/workest/young-workers-demand-emphasis-on-mental-health-in-the-workplace/

https://www.independent.co.uk/life-style/health-and-families/young-workers-suicidal-thoughts-mental-health-talking-a9217911.html

https://www.wsj.com/articles/the-most-anxious-generation-goes-to-work-11557418951