Managing Human Resource Effectively
“A good job is more than just a paycheck. A good job fosters independence and discipline, and contributes to the health of the community. A good job is a means to provide for the health and welfare of your family, to own a home, and save for retirement” James H. Douglas, Jr.
After the picketing of Bi-Courtney Aviation Services Limited (BASL), operators of Murtala Muhammed Airport Two (MMA2), Lagos in October last year by various aviation unions, some staff have allegedly resigned over harsh working environment. This would affect the productivity of the organization which will in turn reduce the profitability of the company.
The Chief Security Officer (CSO), Mr. Olayinka Olatunji was also allegedly laid off months before his retirement as he clocks 60 this year.
Apart from Olatunji, several staff including the new Head of Corporate Communications, MMA2, Lagos, Mrs. Eniola Ade-Solanke also allegedly resigned.
Meanwhile, one of the staff who pleaded anonymity told MMS Plus newspaper that the report was false.
“Thank God you are here and you can see that the activities of the company are going smoothly. You have asked for several persons and you can see them around. That report is not true. It’s just an attempt to spoil the image of the company” he said.
However, employers have the responsibility of creating a good business environment for their staff if they want the organization to succeed.
The quality of well-being that employees of a specific company enjoy is a reliable measure of the health of that company as a whole. To keep a workforce mentally and physically healthy comes down to several types of services, as well as benefits. There are a few things an employer can do to be mindful of employee welfare.
Happy employees stay. According to a Center for American Progress study, the cost to replace an employee who makes $10 an hour is roughly $3,500. The higher the wage for that position, the higher the costs is to rehire and retrain a new person.
The time that it takes to advertise for a new position, screen the resumes, interview prospective candidates (often, multiple times), and finally to introduce someone new to the ongoing working environment and retrain them costs a lot of money for the business in a big way. The longer people stick with their jobs, the more proficient they become, and that has a huge impact on productivity. That directly affects the way a company makes its money. Seasoned employees also make fewer costly mistakes.
Employee welfare entails everything from services, facilities and benefits that are provided or done by an employer for the advantage or comfort of an employee. It is undertaken in order to motivate employees and raise the productivity levels.
It also raises the company’s expenses, However,it has huge benefits for both employer and employee. Under the principles of employee welfare, an employee who feels that the management is concerned and cares for him/her as a person and not just as another employee will be more committed to his/her work. Other forms of welfare will aid the employee of financial burdens while welfare activities break the monotony of work.
When a staff feels appreciated, the job will be more fulfilled, satisfied and productive. This will not only lead to higher productivity but also satisfied customers and hence profitability for the company. A satisfied employee will also not go looking for other job opportunities, hence an employer will get to keep the best talents and record lower employee turnover.