Despite a historically critical attitude towards working from home, remote work has become more and more popular in countries across the globe. Research has shown a huge advantage for remote employees in terms of performance and productivity, with an almost 13% increase in performance over a nine-month period. For years, these studies continued to fuel the trend of companies moving to remote working and more flexible schedules for their employees.
Depending on the nature of the company you work for, creating and maintaining a healthy work-life balance can be extremely difficult. When you work on the clock and have set hours, it's a bit easier to mentally separate time at work and time for yourself. On the other hand, if you're a new lawyer or working at a startup, your working hours are bound to bleed into your personal life.
Employee engagement has been getting a lot of attention recently. From the well-known Gallup survey to articles in Forbes and beyond, it's a topic that has infiltrated the world of business. And for good reason, too.
Engaged employees have been shown to perform better, be less likely to quit, and be happier and more motivated. For companies, this translates into higher profitability with the same number of employees. It's a win-win.
With the frequency that we hear the terms "diversity" and "inclusion" today, it's fair to say these concepts have made their way into mainstream conversation. No longer confined to the Human Resources department, workplace diversity and inclusion are becoming key topics when discussing an overarching business strategy.
Whether you're a business leader, student, or mid-level employee, you probably want to feel confident and be successful. Generally, leaders are already fairly confident and are trying to encourage their teams so they feel more self-assured. On the other hand, many individuals still grapple with a lack of self-confidence.
No matter who you are, understanding the connection between recognition and confidence will help you find success.
In a rising trend, many Fortune 500 companies have bid adieu to employee performance reviews, deeming them an outdated way to check in with employees. Adobe, GE, and many others have instead moved towards a system of more regular one-on-one check-ins with employees, where they examine their work around specific projects and progress towards development goals. “It’s liberating people,” says Donna Morris, senior vice president of global people resources at Adobe. “It has really helped to create teamwork instead of individualism, which is critical in a creative company.”
It’s an all-too-familiar scenario: a couple of disgruntled employees with a glass-half-empty outlook are constantly poisoning the well and spreading their unhappiness to the other workers. Team members find it difficult to trust one another, projects stagnate (or worse, implode), and productivity plummets.
Evan Spiegel, millennial and CEO of Snap Inc famously noted of his generation, “We do have a sense of entitlement, a sense of ownership, because after all, this is the world we were born into, and we are responsible for It.”
Radical Transparency has been the subject of a TED Talk, and even received a shoutout on an episode of the HBO show “Silicon Valley,” but can your company truly benefit from this controversial concept? It’s certainly not new, but the buzzy business term has gained widespread exposure from the book Principles by Ray Dalio. In Principles, Dalio shares how he transitioned his company, Bridgewater Associates, from boss-to-employee critiques to a more thoughtful exchange of differing ideas, even when it means disagreeing with a superior. Dalio was encouraged to make this transformation after a colleague told him that his feedback style was too blunt. [Photo: Nadine Shaabana}
What does it mean to have purpose? For one thing, it’s quite different from passion. Passion is about one’s personal interests, which can become one’s life work, but often manifests itself in hobbies. Purpose is about finding a cause bigger than the individual. It is the touchstone that reminds people why they do what they do and that what they do matters. At an organization, purpose is a lofty goal that typically takes a team to achieve. Roy Spence, one of the founders of Austin-based advertising giant GSD&M, defines purpose as losing yourself to something bigger.