MLC Advisory
Future challenges of HRM
Companies and human resources are faced with a multitude of complex challenges that directly affect employee well-being and overall organizational performance.
Absenteeism and mental health problems at work represent major challenges in many European countries. In France, absenteeism entails considerable costs for companies, amounting to some 60 billion euros a year, or 2.7% of the wage bill. What's more, a Eurofound survey reveals that almost one in five European workers is regularly exposed to high levels of stress. In Germany, around a quarter of employees suffer from symptoms of burnout, with the annual cost of absenteeism estimated at over 40 billion euros. In Spain, almost 30% of workers have experienced symptoms of burnout during their career. Given these alarming figures, it becomes crucial to find solutions to promote employee well-being and create healthy working environments and to implement strategies to improve employee engagement.
1 - Engagement & Motivation
Implementing strategies to improve employee engagement is crucial for enhancing productivity, reducing turnover, and fostering a positive work environment especially with younger generations that are more flexible and want to evolve quickly.
Strategies to improve employee engagement should be viewed as an ongoing process and since it requires continuous effort and commitment from leaders and the organization as a whole. By implementing strategies to improve employee engagement, you can create a more engaged and motivated workforce that will want to stay with your company.
Keep your high performers
2 - Reduce Turnover
Company turnover is a major challenge for many organizations. Frequent departures and new hires create difficulties. This leads to a loss of valuable knowledge, affecting the continuity and quality of work. What's more, the costs involved in recruiting, training and integrating new employees are considerable. High turnover can also affect the motivation and commitment of remaining…
Stabilize your teams, boost your success!
3 - Reducing absenteeism due to mental health
In some cases, difficult working conditions, inadequate management and excessive pressure on employees can lead to work stoppages and absenteeism. These recurring absences have a significant impact on productivity, business continuity and the overall health of the company. What's more, it creates a considerable financial burden in terms of replacement costs, lost time and resources invested in recruiting and training temporary replacements.
Create a healthy work environment, safeguard your success!
4 - Manage pressure, avoid burnout
Employees faced with high stress levels and excessive workloads are vulnerable to the risk of burnout, with devastating consequences for both the individual and the company. Burnt-out employees may experience reduced productivity, increased absenteeism and a deterioration in their physical and mental well-being. These conditions can lead to a toxic work climate and reduced motivation.
Protect your employees' health, boost your business!
5 - Improving employee mental health
The psychological health of employees has become a real issue for many companies. Too often neglected, this crucial issue has direct consequences on overall company performance. Employees suffering from mental health problems are more likely to experience high levels of stress, lack of motivation, lower productivity and prolonged work stoppages.
Invest in your employees' health and boost your company's success!
6 - Accompanying change
In an ever-changing environment, where technological disruptions and economic transformations are commonplace, companies that fail to adapt quickly find themselves rapidly falling behind. Unfortunately, many change efforts fail due to internal resistance, poor communication and lack of appropriate support. The result is lost productivity, demotivated staff and stagnant growth.
Anticipate change, and stay competitive!
7 - Implement culture change
A lot of companies want to make their culture evolve towards a more attractive work culture where people actually want to come to work and give their best everyday. But changing mindset takes time, and behaviors and expectations have to be adjusted accordingly. Resistance must be identified and managed with the buy in of all major stakeholders.
Increase your attractivity, change your culture
8 - Quality of life at work
Quality of working life has become a major issue for today's companies. Faced with increasingly demanding and stressful working environments, employees can suffer from a variety of problems such as burnout, lack of motivation, reduced productivity and even physical and mental health problems. These issues have a direct impact on overall company performance, talent retention and brand image.
Take care of your employees, boost your company's performance!
