You should have a few main goals in business, and one of them is to make sure that your staff are always progressing. Your staff are the people who look up to you the most, and the people who your business relies on the most. So having a laid back attitude and just leaving them to their own devices all of the time isn’t what you should be doing. For one, the lack of productivity that you’ll find will be incredible. Secondly, we guarantee that they’ll become bored within their role. Even the managers need a little nudge in the right direction from time to time, and as the company owner, there are a few ways that you can do this. If you feel as though your staff should be progressing more, have a read of the information we have below.
So many companies don’t actively focus on training with their employees, when it is one of the most vital parts to it. They’re looking for that consent guidance, and they’re not going to get that unless you’re actively taking a part in their training. So, whether you manage this inhouse, or whether you chose to take it elsewhere, you should be trying to do it every 6 to 12 months. For example, if you provide training to finance managers every 12 months as a top up, you know one of the most important parts of your business is being effectively managed. There is always new laws and regulations coming out, some of which will directly affect your finances. As long as they’re on top of it, there should be nothing going wrong with your finances. You could also manage things in house, giving them training on the way that you would like the finances to be managed, and things you’ve noticed that they’ve done well. It’s a two way street, and sometimes the compliments are necessary so that they work at the level you need them to work at.
This is something that you’re going to directly have to deal with. It’s down to you, how much you want to pay them, and how much you think they deserve to be paid. The one way that so many companies fail is by forgetting to give pay rises, or just not offering them at all. You’re going to get so much more out of your employees if you give yearly pay rises, and even think of things like random bonuses to keep you interested.
The more responsibility they have, the more exciting the role is going to be for them. By no means should you think about overloading them. We just think sometimes you should pass responsibilities down, and create new opportunities for the employees that have been there for you the longest. It might be worth asking them if they have any roles that they would like to try out, rather than just bombarding them with things. You’d be surprised how many will turn down certain responsibility offers!