Employee development is important because learning on the job is crucial for becoming better and contributing more to your organization’s success. Studies have shown that people learn 70% of what they need to know in their work on the job, through experiences and trial-and-error learning. They learn 10% from formal learning like school and books, and 20% from mentors or coaches. It’s called the 70-20-10 Rule.
Developing your employees is crucial for their success and the success of your organization. It means engaging in a wide variety of activities that help your employees learn more and stretch to acquire new skills. Giving someone a new project that they have never tried before, or a special report about a new idea that might improve the company is a great way to develop employees. Mentoring and coaching is also an important part of employee development, giving them that crucial 20% that they need to learn from someone with more experience.
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I’ve been working from home for over five years. Over that time, I’ve learned a lot about how to manage the balance between work and life. The first day I worked from home instead of going to an office, I cried. That was 2014. The days and weeks seemed to yawn ahead of me with no end, no structure, and no one to chat with over a coffee break. It was one of the hardest things I have personally done,…
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Positive feedback leads to better results and happier employees. Gallup, the polling agency that has been focusing on employee engagement, is just out with new numbers and a white paper on “Why Employees are Fed Up with Feedback.” Their polling reveals how negative feedback demotivates managers and employees alike in overwhelming numbers. As Gallup reports, only 14% of managers feel good about their ability to give feedback. And a whopping 89.1% of employees who get negative feedback report feeling not…
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Yesterday Time released a chart showing the median salary of the top paying companies by state. Drilling down on the data, I noticed an interesting correlation. 33 out of 49 top-paying companies in the US have fewer than 60 employees. This has a few implications. First, as the median salary goes down, more companies have high numbers of employees. So apparently, some people are doing less with more people. Second, I want to note that there was one company that…
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