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Creating Development Plans That Work

Professional development plans can make a huge difference when it comes to retention and engagement for your employees. If your company hasn’t invested time in creating plans for each of your employees, stop what you’re doing and make this a priority.


Here are our steps for creating and implementing a meaningful professional development plan for your employees.

Where Do You See Your Business Going in the Next Year?

It makes sense to start with this question because if your employees’ goals aren’t aligned with the business’s, it’s a recipe for disaster. Consider all the objectives you want to accomplish in the next year and how each department fits into these goals. Determine what skills, knowledge or competencies your employees need to obtain to support where your business is headed. By spending time on developing your current employees, you’ll save valuable resources on recruiting and onboarding.

What Do Your Employees Want?

The next step is to consider what your employees want. It’s important to remember that just because an employee is great at X project or skill doesn’t always mean they love working in that particular area. Take time to chat through areas they want to grow and improve and items they would rather not be working on. Providing an open space for vulnerability will go a long way. You may discover they have interest in an area you were looking to expand. This is a great opportunity to explore what that might look like.

What Do Your Employees Need?

Just as you ask them to explore their interests, also ask them to share resources or knowledge they might need to make this possible. Many people may be afraid to speak up (we’re talking about you, introverts) and discuss areas where they are feeling overworked or lack support. Think through how this aligns with your business goals and objectives. Additional training for existing employees may outweigh the costs of recruiting and hiring someone from the outside. Since they know your business well, they may be able to add more value than an outside hire.

How Do Their Desires Align With Your Business Objectives?

You know where you want to take your business. You know what your employees want and need. Now it’s time to put goals in place that satisfy both of these objectives. Of course, your customer service rep may want to learn graphic design, but it doesn’t make good business sense. You can’t always bend over backwards to satisfy these hopes and dreams, but you can listen and give good feedback, especially if you find your employees in need of some motivation. Set goals in place that will provide a development for your employees that make sense. Use SMART goals to make sure they are measurable and can be easily evaluated in their next review.

How to Improve Employee Financial Wellness

Money is a powerful thing, and unfortunately, can be a leading cause of stress for many Americans. Willis Towers Watson released an infographic last year detailing the financial state of employees and the statistics might shock you. Here are a few of the highlights.

  • 48% of employees are worried about their current financial state, while 54% worry about the future of their finances.
  • 51% of employees experienced a significant financial event in the last year.
  • 29% of employees borrowed money from family or friends.

While you may think that employees with well-paying jobs and stable careers don’t worry about their financial status, the statistics couldn’t be further from the truth. Which begs the question.. Where do we, as employers, fit into this puzzle? How can we alleviate financial stress for our employees beyond compensation?

Educate Employees

“70% of employers think they should take an active role in encouraging their employees to manage their personal finances better.”

Unfortunately, there is a major gap in educating students on how to manage their finances. Even the most prestigious schools often neglect to discuss money management in the classroom. Which means, although Americans may be wealthy, they are uneducated when it comes to finances.

As the saying goes, better late than never, for employees living paycheck to paycheck. As employers, we can step in and help meet this need.  Offer programs that provide opportunities to learn how to manage their personal finances, invest wisely, and plan for their future. If your company isn’t already doing this, start now. However small, you can help alleviate the financial burden for your employees. If your company uses PerkSpot, employees can sign up for our weekly newsletter “theLOOP” where, in addition to health and wellness and career advice, they’ll also find tips for financial wellness.

Alleviate Anxieties

“Over a third of employees believe their financial problems are negatively impacting their lives.”

Help alleviate the stress that many employees are facing day to day by easing the burden of their everyday expenses. This is where PerkSpot finds its purpose in serving some of America’s top employers. By providing discounts on everything from monthly cell phone bills to mortgages to cars to electronics, we help employees save on the things that matter. Therefore, they can spend less time stressing and more time focusing on the job at hand.

Survey Satisfaction

“Only 35% of employees would say they are satisfied with their current financial situation.”

Do you know how your employees would view their current financial state?  sensitivity and privacy are essential when it comes to your employee’s finances.  However, you can ask general questions and take anonymous surveys to gauge their interest in financial assistance programs and education. You may be surprised at what you’ll find.

Financial wellness is not an easy topic and as employers, it would be easy to ignore and not claim responsibility. However, the impact we make on our employee’s happiness is crucial not only to their job satisfaction but on productivity, retention, and ROI. By educating employees, alleviating their stress and understanding their needs, you’ll be on your way to a better workforce. Need help getting started? Reach out to us!

Summer Wellness Tips for Every Office

It’s finally summer here in Chicago and we are so excited to see employees biking into work, enjoying lunches on the roof, and signing up for 5ks together.

Summer can be a great time to revamp your Health and Wellness initiatives at your workplace and we’ve got a few ideas to get you started.

Promote Healthy Eating

One of the great things about this season is that you don’t mind getting outside the office to grab something fresh and healthy. A small, but effective and practical way to help your employees stay healthy is to provide a list of healthy meal options close to your office. You can even create your own map on google maps and share it with the office.

Provide Meaningful Discounts

Gym memberships and healthy food options are often expensive. Lighten the load for your employees by offering these great initiatives at a discount. Enter PerkSpot. We’ve already done the negotiating so all you have to do is contact us to get started!

Coordinate Running (or Walking) Clubs

We have several people in our office who love hitting the pavement, especially in the summer. While others may need some extra incentive, walking or running clubs can be a great way to get everyone moving. Pick a day after work and promote the club around your office. You can even finish your run with a fun get-together after.

Hold a Healthy Potluck

Potlucks are a fun way to get everyone to mingle around the office and show off those cooking skills! Hold a potluck where everyone makes their favorite healthy recipe and brings it in to share. Employees will break out of the routine and maybe learn some new recipes while they’re at it.

What are your tips for keeping your office healthy? Share them with us in the comments!

Vulnerability is the Path to Engagement

There are a million articles written about employee engagement and ways to keep employees happy and passionate about their work.

But, there is one word that doesn’t usually come to mind when we think about employee engagement: vulnerability.

Brene Brown, New York Times best-selling author and speaker of one of the most popular Ted Talks in history, defines vulnerability in her book Daring Greatly as “uncertainty, risk and emotional exposure… the birthplace of love, belonging, joy, courage, empathy, and creativity.”

While it’s obvious that vulnerability plays a major role in our personal relationships, there is also significance to being vulnerable in the workplace. If being vulnerable opens the door to more belonging, courage, creativity, and empathy, imagine how this will affect our employees.

Here are few of the ways vulnerability impacts employee engagement.

Vulnerability Impacts Employee Engagement by Creating a Sense of Belonging

One of the most crucial aspects of employee engagement is helping employees find a sense of belonging in their workplace. They need to know their work is valued, and employees who develop meaningful friendships at work are said to be more productive and loyal to their company. In fact, according to a Gallup survey, 50% of employees who had a best friend at work also feel a strong connection to their company. Vulnerability creates a sense of belonging as it enables people to be true to themselves in the workplace. Unnecessary stress and tension disappear when people feel known and accepted for who they are. This includes acknowledging both victories and short-comings and pushing employees to be their true, and best selves.

Vulnerability Impacts Employee Engagement by Provoking Courage

In the same way that vulnerability enables employees to feel a sense of belonging, this also stirs up courage in the workplace. Vulnerability is not an easy task, and while we aren’t talking about spilling your deepest darkest secrets, there are elements of vulnerability that are crucial to a productive workplace.
Examples include:

  • Asking for help
  • Saying no
  • Speaking up in the face of resistance
  • Admitting ignorance or fear
  • Accountability for mistakes
  • Being able to walk away from projects or people that aren’t working out

Each of these aspects of vulnerability requires an act of courage. For some people, asking for help doesn’t come naturally, while others struggle to make their voice heard. By the same token, perhaps you’re a manager realizing an employee simply isn’t happy and needs to move on. Each of these examples pushes us to make the workplace a better place to be. Managers and executives should lead by example by pursuing these elements of vulnerability and in turn, create an open, judgment-free space for employees to do the same.

Vulnerability Impacts Employee Engagement by Stimulating Creativity

Finally, vulnerability can also do wonders for stimulating creativity. When you think about creatives, you may think about how raw and transparent they are with their emotions. Many creatives, including Graphic Designer Marina Willer, believe that vulnerability is essential to their creative process. “[Feeling vulnerable] makes you face the experience fully and almost embrace it,” she says. “Those moments can bring a lot of creativity and make ideas flourish.” Vulnerability can stimulate a part of our minds and emotions that we may not tap into on a daily basis. Imagine what your employees can accomplish if they aren’t afraid to speak their minds about what they really think; if their ideas are able to flourish, instead of being suppressed.