Employees are the most prized
possession for a company. The efficiency of an employee could help organization
realize its true potential. However, there is no denying to the fact that an under performing employee could cost companies a fortune. An estimate of 40-50
million dollars is lost every year because of an under performance of employees,
worldwide.
It is extremely important to
maintain caution and care when it comes to performance management of an
employee. Sometimes the crux of under performance could be resolved without
taking any severe actions.
These tips on performance issues
would help you to resolve them objectively.
- Be considerate
Sometimes the
cause of under performance lies in external factors. Identify the crux of
problem by talking to your employee. Learn whether or not they are facing some
personal issues. Yeah, the ideal professional behavior demands you to
demarcate your personal and professional life. But you need to understand that
it is not completely in the control of an employee to not let their personal
life impact their work. So before you reach any harsh conclusions just talk
with your employees.
- Be specific
Don’t be vague
when pointing fingers at your employes. Be specific with your data and
observations. Instead of saying “your performance isn’t good” be specific as to
where their performance is suffering. Back your arguments with statistics and
data while confronting your employee.
- Offer feedback
There won’t be
any point of motivation if you cannot offer them with suggestions on areas of
improvement. Instead of criticizing make the session more related to feedback.
Prepare an action plan together with you employee and devise strategies on
improvement.
- Don’t ignore
Don’t ignore
confrontation for any sort of performance discrepancies. This lets out a word among your employees that unacceptable behavior is permitted. Be clear with
your policies and rules on under performance. Take strict actions when
essential. Don’t be stringent regarding work procedures but set clear
limitations.
- Let them know your expectations
More often than
not the cause of under performance lies in unclear expectations. When employees
are unclear of what is expected from them, they tend to under perform. In such
circumstances it is essential; to offer them requisite training and clear
understanding of their role.
- Learn their source of motivation
Money indeed is
a motivating factor but not the only one. Learn what motivates your employee.
It may be as simple as recognition, appreciation or rewards.
It is essential
to address the issues of under performance in timely and effective manner. These
tips would help you resolve some of the underlying issues with ease.
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