Hello folks, hope this blog finds you in good state. Today, we will be discussing about basics of employee management and engagement, purpose behind employee management activity and simple ways a B2B business can perform & keep their workforce engaged.
What is Employee management for B2B?
Employee management is easier said than done. It is one of the most prime HR functions at any vertical, be it B2B or B2C.
Employee management can be defined as any set of strategies that helps keep the workforce happy, productive and makes employee experience better at workplace. Different employee experience includes leave management, communication, flexible working, work culture, HR, performance management, etc.
These are some parameters from employee point of view. Whereas, an HR professional needs to ensure effectiveness right from hiring to their retirement. A smooth onboarding could play an important role in employee retention.
Benefits of employee management at B2B business
Let us now discuss the undeniable benefits of a successful practice of employee management strategies at any business’ base:
Unappreciated and unrecognised employee may feel unvalued at the workplace. This will also hinder their performance and dedication towards work. Hence, managing your employees and attending their parameters can help motivate them.
With the growth of remote teams in every B2B business, it is becoming important for all the companies to attend towards their data backup and security.
So, how do you ensure data security with remote workforce? Dedicated employee management system could help you track employees and your company documents. Monitoring and keeping a track of things around will prevent any data loss.
Proper employee management brings things under consideration. It manages employee communication and workflows smooth.
Data rich workflows helps at developing efficient workforce with data at their fingertips. Certain employee management tools are discussed in the later part of this blog.
Low employee costs
Effective employee management results in happier and more engaged employees. Better employee experience brings in satisfaction at work. This way you can conquer at employee retention and thus, lower your hiring costs.
Employee turnover is also no more a concern.
4 ways a B2B business can excel in employee management
Here are 4 popular tips to manage employees-
- Performance feedback system
- Employee learning
- Employee empowerment
- Easy & in-time payroll
Develop performance feedback system
This is one of the most important and easy steps to encourage your employees.Performance management system will help you collect feedbacks of an employee peers and clients worked with. This feedback will then be will used for performance mapping.
The data later helps in performance appraisal and recognition. The system will keep your employees motivated with holistic feedbacks.
Companies have witnessed improved business productivity with an open communication (or feedback system) at their business.
Employee learning and growth at company
It is no hidden that employees leaving the organisation within couple of months have reported improper onboarding and learning opportunities at base as the reason.
Give your employees new challenges and roles to keep them motivated and growing for further opportunities. This will also build their skillset and help them do more for your B2B business.
Here are a few ways you can ensure learning:
- Provide in-house training programs for your employees. Also, check training management system.
- Maintain an employee centric culture at base.
- Let employees involve in business meets and yearly planning meets with COO.
Employee empowerment with ESS
Employee empowerment is another important factor in managing your employees. Intuitive tool like employee self service portal helps your employees serve themselves. Simple queries like remaining leaves, pay slips, tax cuts, PF account updates, etc. could be rather solved through an ESS portal.
This also saves time of your HR department. Sending leave requests in seconds and getting it approved by manager is one of the super powers of an ESS tool.
Employee empowerment could really make workforce handling easy and effective with minimal efforts.
Easy & in-time payroll management
What factors are involved in monthly payroll? Leave management AKA time tracking and attendance management of employees are two main parameters amid payroll. Integrated online payroll management with employee management system can help bring all payroll data under one roof.
Thus, payroll management made easy. Fool proof payroll prevents disputes at workplace. On time payroll develops employee morale and makes them stay with the company as well. Doesn’t it?
These were some of the most practiced and working ways in employee management at any B2B or similar company. With rising competition and low-quality candidates at verge, it becomes very important to retain your high performers.
Employee management strategies and tools discussed here can be extremely useful for you in today’s date.
Thanks for reading. Happy employee management!