Successfully managing staff is the key to creating a resourceful and highly successful workforce. When the priorities are set and prerogatives are defined, employees have a clear roadmap to follow. The following are some tips to achieve that.

Developing an employee handbook

This is a manual to assist employees in different aspects of employment. It contains the code of ethics, performance management details, appraisal details, and other general information. The way you structure the employee handbook depends on your organization.

There could be a case when you want to implement a dressing attire policy. You have to mention about this in the employee handbook. You will have a policy on leaves and its accrual. The employee handbook is the place where such details are mentioned.

Managing employees through performance management

Performance management is the continuous monitoring of employees and checking their progress. It is also giving regular feedback and providing pointers on their development. Performance management is very subjective across organizations. Many organizations do it correctly, while others may do it incorrectly.

An ideal performance management system should start off with goal setting. The goal setting is typically for the whole year. After the completion of the year, the goals are revisited, and the performance of the employee is appraised. The appraiser is the immediate supervisor of the employee.

Based on the performance, employees are given positive or negative feedback. Employees are expected to take all feedback seriously and act on them.

Employee development

There are always skills to be abridged in employees. Since technologies and associated methodologies are continuously changing, there is a need to continuously upgrade skills. Employers should provide required company-specific training to employees to train them to bridge this skill-gap.

Skill-gap development is a very pertinent issue. Many employees want career development and will stay in organizations where this is possible. Career development is again a contentious issue. Companies may not use a technology, and they will not train their employees in that technology. This may create a rift in employees who want to learn the latest technologies to make themselves more marketable in the job market.

Employee benefits

Employers must structure employee benefits that are non-wage perquisites provided to employees. It could be in the form of a bonus when the company makes a profit. Or it could be a cash advance for a job well done. Such financial favors always prop up the morale of employees.

Regular meetings

Regular meetings with employees keep them on the same page as employers. It also irons-out any discord and misunderstanding between the management and employees.

ESOP

Employee Stock Ownership Plans (ESOPs) are provided by some organizations. Employees are entitled to a limited amount of shares at discounted prices. The employees are given a time-frame to buy these shares.