Laurent and Benon Management Con

Increasing Employee Morale during tough economic times

Posted in:  Business Wednesday 19th, August 2009
 
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Laurent and  Benon
Senior Consultant

A high morale work place is essential to any business. Low morale can quickly take your business off the rails and lead ultimately to business failure. The root cause of low employee morale can be numerous including job security issues, limited upward mobility, lousy management practices, excessive outsourcing, lack of fair pay and much more.

Below are 3 simple ways employers can do this:

  • Be Honest. Let employees know the state of the company. It is critical that employers are honest about the company’s financial situation. If business is good, discuss new projects and contracts. If it’s not so good, focus on the integrity of the company and its management.

  • Let employees know you care. Provide information to employees about how to make the dollar go further, or where in the local area is gas the least expensive. Providing this information will show that you are listening and understand and ultimately, care. Providing this information won’t cost you too much time and more importantly, it doesn’t cost anything to provide information.

  • Don’t give up on training. We know budgets are tight but there are some very cost effective training seminars that don’t require round-trip airfare, two nights’ hotel stay and a rental car. Look locally for a good ½ day or 1 day seminar and send your employees to it! Not only does it show that you value their growth as an employee, it gives them a chance to be with each other, outside of the office and can be used as a really great morale booster. It’s also a great return on a minimal investment.

By Priti Shah

Laurent & Benon Management Consultants Ltd, a public limited company with its corporate office Gurgaon with Pan-India presence. We as an organization strive to offer the right Human Resource Solutions at the right time and enable our clients to enhance the net worth of their human resource capital.

For further Information please Visit us at: http://www.laurentandbenon.co.in/

Visit Blog at: http://laurentandbenon.blogspot.com/

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Reader's comments(3)
1:tataosah@yahoo.com
Hello.
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Posted by: tata tatababy os - 29th Oct 2009
2:employee morale is the thing which makes employee energetic while working. that is why it is very important from the point of view of the organization to keep the employee morale high.
Posted by: Deepak Tripathi - 20th Aug 2009
3:I agree, but i have my own reservation on the topic. I would rather prefer to get all involved in finding alternatives.
Economic recession is not a all of a sudden phenomenon other than due to natural calamities. Warning signal would reach you well in advance. That is the time the company should start working on alternatives.
Posted by: Nandakumar Kartha - 19th Aug 2009
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