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The Advantages of Employee Empowerment: Faster Problem Solving
The Advantages of Employee Empowerment: Faster Problem Solving
The Advantages of Employee Empowerment: Faster Problem Solving
Executives are often detached from the shop floor, and lack the depth of knowledge required in
the solution-finding process.
Additionally, people own the responsibility given to them, and the manager/employee
relationship benefits accordingly.
In a study of 19,700 exit interviews, the Saratoga Institute found that job dissatisfaction factors
were among the top seven factors for people searching for a new job.
Clearly, people who are more satisfied at work are less likely to want to change jobs – and
improving staff retention has an immediate and sizeable impact on the bottom line. The Society
for Human Resource Management has calculated that replacing a member of staff costs an
average of between six to nine month’s salary in recruitment and training costs. For an
employee on a $50,000 salary, this is between $25,000 and $37,500.
According to the Work Institute, more than 41 million employees voluntarily left their jobs in
2018. With the Bureau of Labor Statistics calculating average salary as $48,672, poor staff
retention is costing the U.S. economy an incredible $1 trillion to $1.5 trillion per year.
The risk of work practices falling into chaos must be tackled by proper training, and by ensuring
that supervisors maintain organizational standards. These standards must incorporate an
organization’s values and beliefs: care must be taken that employees do not work in
accordance with individual values that may be divergent to the corporate mission and vision.
Accountability issues may arise, leading to a blame culture that, if left unchecked, will lead to
further discontent and an environment of mistrust. In such a situation, it is likely that
employees will decide to take less responsibility for fear of repercussions should things go
wrong.
Positive leadership
Coaching, training, recognition, and rewards schemes
An open and transparent communicative environment
Emotional intelligence among leaders is also associated with the ability to embed a more
empowered workforce, helping people to take the initiative and evaluate their own
performance.
In short, if an empowerment strategy is well managed, your people will become partners in
your success. They will become a transformative force that will jumpstart change and ensure
the goals of your strategic vision are accomplished.