Good Employee Practices are Good for Your Business

In the current environment of relatively low unemployment, people have increased employment choices. Firms need to compete to attract and retain high quality staff. Being a good employer can provide a real competitive edge in this environment.

At a general level, being an employer of choice is about being considerate, respectful, open and responsive to your staff and their needs. This need not require you to provide everything asked of you by employees, but rather to recognise the benefit to you of good staff practices and to be willing to constructively discuss issues in the workplace.

The report covers issues such as:

• having a documented human resources strategy supported by effective ‘people policies’ such as employee performance assessment systems;
• measuring employee satisfaction;
• corporate social responsibility and triple bottom line reporting;
• providing training and development opportunities to employees and potential employees;
• improved management of diversity in the workforce;
• conducting productive employment relationships;
• competitive employment conditions;
• protecting your workforce from workplace injury; and supporting migrant talent.

The report concludes with some key points on how to go about developing and implementing these types of policies and programmes for your firm.