Employees can fail at work for many reasons. As an employer, make sure you’re not one of them.
In over 25 years in HR I’ve lost count of the number of times I’ve been approached by a manager with the words:
“Person X just isn’t working out”
The conversation after this statement usually heads down the path of the manager asking what we need to do to manage the person out of the business.
So why do employees fail at work…are there any common reasons? How about these?
When you identify a worker who’s “just not working out”, should you show them the door? Depends on the situation and what factors you’ve considered before making the termination decision.
In a survey of over 1500 HR professionals from Australia and New Zealand, ELMO Software, in partnership with the Australian HR Institute, found that the cost to hire an employee more than doubled in 2021, rising from $10,500 in 2020 to $23,860 per worker. And if the person has been a high performer, the cost can be even more. Replacing high-potential talent can cost a business two to three times the outgoing worker’s annual salary, analysis from The Dream Collective, a diversity, equity and inclusion consultancy, shows.
On replacement costs alone, it’s worth taking some time to considering your options before commencing the process of managing a person out of your business. My tip? Before you apply a solution to an issue, you should first determine you understand the problem in need of fixing. Why not start with identifying any core reasons behind the person’s “failure”? It might be that they are not failing; you are.
No employee wants to perform poorly in their job…we all want to be proud of our achievements and succeed at work. Success provides confidence, security, a sense of well-being and of being part of something. And most of us want a tick in those boxes.
Understanding the core reasons why employees fail at work is the first step toward offering solutions to help them succeed. When your people know you have their backs through not only good times but the tough ones, you’ll see improvements across productivity, job satisfaction, employee retention and engagement. Your time invested will result in a workplace with the reputation that sets its people up for success, not failure…and you cannot put a dollar value on that.
Like to know more about setting your people up for success? It’s often easier than you think. And it’s often not about spending more money. Check out our Employee Engagement & Retention page…if you like what you read, why not give us a call?
Give Bare Bones Consulting a call to discuss our range of HR services to help your business succeed.
Even if you elect to not proceed after our first complimentary consultation you’ll be in a better position to know what’s possible.
We believe our approach to HR is unique... but then again, so is your business.