Economics/Business

Best practices of successful companies/ importance people management

Each year, a ranking is published with the best companies to work for, based on the opinion of their employees. In general, these organizations adopt similar practices in favor of valuing the team and the quality of the work environment . Best practices of successful companies

On the contrary, when a company that is not concerned with maintaining a good organizational climate and does not keep up with the team’s needs, it ends up demotivating people and having its productivity significantly reduced.

The best companies to work for pay extra attention to their greatest asset: human resources . But what do they have in common to be so recognized in the market? Enjoy reading and check it out! 

Best Companies to Work For: What Do They Have in Common?

The best companies to work for have a lot in common, from prioritizing people to social and environmental responsibility. How about getting to know some of the main points?

Cozy environment

Imagine it’s your first day at a company. When you arrive, no one answers your good morning. Besides, there isn’t a table for you yet, and they say wait for the boss, who ironically hasn’t arrived. While waiting at reception, they offer water in a half-dirty glass. Finally, you can hear two people fighting inside the office.

Could you imagine the situation? For most professionals, it would be a pretty unpleasant time. Perhaps they would even question themselves if they really want to work there or if they will just get up and leave.

This happens because this type of organization cannot convey a good image and, more than that, a good work experience. Therefore, invest in a welcoming environment, in which employees feel at ease and are motivated to work . 

people are priority

It may seem obvious, but we need to prioritize people, and unfortunately, many companies still don’t. Of course we want good results and profitability, but without happy people it is difficult to maintain productivity and high numbers . Best practices of successful companies

Therefore, it is no use creating actions that do not meet the real needs of the team. Therefore, always try to listen to the team and understand their problems in order to be able to help them in the best possible way. 

Are employees happy and satisfied with their work? It’s a good idea to have feedback conversations frequently so that you can talk to the professional and hear what he or she has to say.

Career path

career path is a project that specifies what a person can achieve. The best companies to work for already have career plans for their employees. This means that there is the possibility of growth within the organization itself .

When there is no merit-based career plan, professionals feel stagnant in their work and, at some point, end up looking for new opportunities in other institutions.

Offer benefits to employees

Providing benefits to employees is a common practice among good companies. If they are customized according to the needs of each one, even better. The benefits also contribute to attracting new talent, as they are a differentiator in the market. 

Professionals perceive that they are valued when they receive benefits, such as health insurance and profit sharing. After all, there’s no point in having a nice work environment if all the contractors act as PJ and have to bear all the costs themselves. Best practices of successful companies

Invest in development and training

The company must invest in the development and training of its professionals, through courses, workshops, lectures and other forms of education. It makes no sense for the person to pay with money out of their own pocket, as the organization benefits when it has an efficient employee . 

Social and environmental responsibility

Currently, both customers and employees value companies with social and environmental responsibility , especially with the increase in discussions around sustainability. Professionals are even more motivated when they know that their work will have an impact on the world in which they live.

Great Place To Work Certification

Great Place To Work has been working since the 1980s to identify the best companies to work for based on what their employees and not managers say.

While many professionals hate their bosses and jobs, there are still people who love what they do, as well as their coworkers and the organizations they work for. 

For the institution, the secret of success is to create an environment in which people feel integrated and part of a group so that they really want to perform their tasks with quality.

How important is people management?

People management is, basically, the application of strategies that contribute to valuing a company’s human capital . Therefore, it involves issues such as employee engagement, training and development.

When everyone knows their role in the team and how they can improve their work, the results increase significantly. However, managing professionals efficiently is not easy and the responsibility lies precisely with the HR team.

Today, technology already allows the existence of several tools to help in the optimization of processes that used to be extremely time-consuming . Thus, decision-making and strategic planning are done faster, based on data collected by the institution. Best practices of successful companies

In this way, managing people well means knowing how to listen to employees, giving constant feedback, closely monitoring the team’s work, ensuring clear communication between everyone and motivating the team.

As we have seen, the benefits are numerous, including reduced staff turnover , improved organizational climate, increased productivity, greater competitiveness compared to the competition and, of course, superior results .

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