Human Resources Management (HRM) departments are failing the people they are supposed to be focusing on.
It’s a problem. And it needs to change.
While these departments revolve around sensitive and complex topics, including performance reviews, analyses, and more, countless companies still function via traditional means. As the startup and small business culture continues to drive entrepreneurship, companies around the country are embracing aspects that appease younger employees. Yet in many regards, they are failing to analyze and improve their teams in ways where the employees feel genuinely appreciate.
Traditionally, managerial feedback can come across as hard, difficult to talk through and one sided; Think of the relationship of Toby Flenderson and Michael Scott from The Office. But where these styles of feedback fail are in how they resonate with Millennials. Millennials is the million dollar word, here. It may seem to be the topic of conversation in all sectors of business, and you’d be right. They comprise a stunning percentage of the workforce, and the numbers are only getting bigger.
So making sure that your HRM department is going to be appealing to this ever-growing workforce is crucial. Companies like Chairlift, a platform that engages employees and streamlines talent management processes, is starting to break ground in this area. Their goal is simple: provide feedback and performance reviews that are meaningful and less complex. “The truth is, millennials aren’t necessarily being evaluated differently,” says Leon Ginsburg at Chairlift. “They thrive on open, continuous feedback, not just annual reviews. They want feedback delivered in a way that doesn’t rely on conventional means.” They allow management to offer feedback, streamline performance reviews, manage objectives, and a heck of a lot more.
Millennials have been largely successful at redfining aspects of business from working from home, work-friendly cultures, glassdoors concepts and flexible work schedules. HRM is no different.
Their platform positively affects everyone in the company, including management and employees, Millennials and others alike. Chairlift is embracing the transforming HRM industry, which is now working harder than ever to be champions for employees. They do this by being open, honest, and fluid with their hierarchy of power.
Unsurprisingly, it’s working. Companies, like Buzzfeed, that use Chairlift report more satisfied employees and higher productivity. So while startups and smaller businesses are on track to revitalize how HRM policies work, bigger corporations are seeing benefits from it too.
For HRM develops and entrepreneurs, this is a big step in the right direction. As more and more startups continue to hire young entrepreneurs, a shift towards streamlining HRM is necessary to retain employees.
For once the Toby’s of the workforce can feel empowered and confident in leading to a better organized and happier workplace environment.