Twenty twenty three marks a new year and a renewed opportunity to set major goals for what you want to accomplish in your business.
And no matter how 2022 wraps up for you, I’m sure there are several things you want to improve in your business to make this first quarter and beyond bigger and better for your business.
Just like in our personal lives, setting business goals and resolutions can have tremendous success when we have a plan in place to execute.
There’s no better time than now to outline the changes you want to make in your business so that by the end of 2023, you’re leaps and bounds ahead of where you are now.
As you gear up to set and tackle those goals, here are a few important areas of interest to put on your list:
#1: Improve your workplace culture.
If you lost more employees in 2022 than you anticipated, you might want to invest some time in improving your workplace culture. Forty six percent of job seekers say workplace culture is an important factor for them when weighing their options. Plus, satisfied workers are 12% more productive than the average worker (Team Stage).
So, one of the best things you can do as a boss and CEO is make sure that you create a better environment for your employees to succeed by building strong employee relationships, encouraging frequent employee recognition, creating positive employee experiences and giving team members the autonomy they seek.
You can also schedule regular one-on-ones that aren’t work-centered so employees feel valued, seen and heard.
#2: Increase your employees’ salaries.
I know, this may not be the hottest topic on the list, but the reality is that better-paid employees are less stressed and more satisfied, which only enables them to perform even better at work.
And while it may be hard at first to pay your employees above-average salaries, the results are worth it: it creates a high level of output, improves word-of-mouth recruiting, makes it more likely that you won’t need as many employees, and increases employee retention. It’s a win-win for everybody.
#3: Hire another employee (or 2).
Sometimes, you have to do more than boost salaries. In many cases, you actually need a new hire, whether to perform a function no one else at your company can fulfill or to lighten the load on your existing employees.
And one of the most important things you can do as a boss is keep tabs on your team’s mental health – if employees are feeling overworked, overwhelmed and stressed out, it’s bad for them and for business. As a people-first company, you want to make employees’ mental health a top priority.
Bringing on a new hire can take the weight off of you and/or your employees, and give you more time and freedom to tackle other business goals throughout the year, like scaling or expanding your reach.
The new year is upon us and the last thing you want is to repeat any mistakes you made in 2022. Take some time to examine what is and isn’t working, and adjust your business model accordingly. There’s always room for improvement!
Ready to bring on that new hire and take the stress off of yourself and the rest of your team? Our HR in a Box System will give you all the tools, resources and guidance you need to hire, onboard and retain your growing team while building a fulfilling company culture. Get it here: https://yourhrinsider.com/hr-system-in-a-box/.
Barbara Mason is a HR consultant that brings over 20 years Human Resources experience and has been in senior level roles for Fortune 500 companies. She is the owner and CEO of Career Pathways Consulting and is an expert at helping female led companies build amazing teams, scales their businesses and increase their revenue.
To learn more about working with her, visit www.careerpathwaysconsulting.com.