Big data is helping companies in every industry boost productivity in a number of ways. One way that they can use big data to improve productivity is by creating a set of employee conduct and performance guidelines that will help them keep their employees on track. They can solidify their policies in an employee handbook after using big data to determine the best approach.
Using Big Data to Come Up with the Best Employee Policies
There are a number of ways that big data can be beneficial for companies trying to boost employee performance and productivity. Some of the benefits are listed below:
- Big data can help identify toxic behavioral trends, so that they can be eliminated. This includes analyzing data on workplace bullying and sexual harassment, so that data-driven policies can be implemented.
- Data analytics can be useful for identifying methodologies that have the best outcomes, especially if you use employee monitoring tools that rely on data analytics. They can use these findings to create organizational guidelines to focus on improving performance.
- Data analytics is also ideal for driving innovation. McKinsey has said that big data is the next frontier in innovation. However, it is only useful if the company standardizes their protocols for using data-driven approaches to problem solving.
Companies can use big data to identify solutions to the aforementioned issues. However, they need to make sure that the approaches are formalized in the employee handbook afterwards.
Using Findings from Data Analytics to Improve Your Employee Handbook
You can make a number of great insights with big data. However, those findings won’t do your organization much good unless they are formally introduced as new company policy proposals.
There are a number of factors that dictate an organization’s performance, e.g. it’s leadership, internal management, performance-oriented culture, and employee engagement etc. But one factor that is usually overlooked and has a significant impact in boosting the performance of an organization is its employee handbook. This is where your findings from your big data efforts need to be documented.
An employee handbook is a collection of the company’s vision, mission, policies, employee laws, employee review etc. It is used to communicate the expectations and obligations of the company towards its employees and can boost workplace productivity! Here’s how a well-drafted employee handbook affect an organization’s performance:
1. Employee Review Process
An employee review process is a way of the employers to assess the employee performance and reward them accordingly. Now an employee handbook should include the detailed employee review process and the rewards & benefits the employees can get from it. This will boost employee morale and they will be motivated towards performing to their potential.
Some employee handbooks also include a list of their top employees and update it annually. This is a great way of motivating the employees to perform better. Digital employee handbooks can help in annually updating the employee review process since they can be updated unlike manual handbooks. You can use Airmason to create online employee handbooks that can be updated according to the company’s requirements.
2. Effective Communication
An employee handbook is a way for effective communication between the employer and the employee. This makes it a great way to measure employee engagement as well. When an employee joins a company, it is impossible for the HR to communicate all workplace policies, and missions to each employee.
With a well-written employee handbook, employees know what is expected of them and what they can expect from the employer and so, they perform accordingly. Employees always perform better when they know what rewards they can be entitled to, and that their employer will listen to their problems and needs and compensate accordingly.
3. Building PR
Having a good public image is really important for the organization’s performance besides having a good internal management. The external factors can make or break the market competency of the company. Now how does an employee handbook help with that?
Keeping a public employee handbook showcases how much the employer values its mission and its employees. The policies they adopt towards the employees shows their attitude towards the clients. Indirectly it creates their employer brand which helps them build a good public image. A company that treats their employees well will most probably be more preferred by the clients!
4. Real Time Updates
It’s not just important to keep a employee handbook, but it’s also important to keep a well-updated handbook. No workplace ever stays the same. The needs of policies change constantly. For example, you might realize that your employee handbook lacks policies about harassment or maternal leave. Now if you don’t update your employee handbook, it will create a problem at some point. Which is why updating it accordingly is important.
This improves the organizational performance because when you change your policies on a case to case basis for the employees, they feel heard and valued. This helps them be motivated to perform and boost workplace productivity. Real time updates are available with digital handbooks and are really helpful in addressing problems and resolving them effectively in time.
We have established that an employee handbook can help improve an organization’s performance through various factors like employee performance review, real time updates, and effective communication with the employees. It can be used to address any internal or external issues and create and include policies accordingly.
An employee handbook is the perfect way to engage the employees and improve employee performance reviews and promote a healthy work environment. A healthy internal environment leads to a strong organization and helps compete against external factors like the competitors etc.
You Need a Data-Driven Approach to Creating an Employee Handbook
There area lot of benefits of using big data in your company. One of the biggest benefits is that you can create a better employee handbook, which will address a lot of the concerns that you will face.
The post 4 Ways that Data Analytics Can Boost Performance by Improving Employee Handbooks appeared first on SmartData Collective.