Whilst many business owners have already started working on their new goals and objectives, there are some challenges that go hand in hand with being the boss in January.
Forewarned is forearmed, so in this blog we consider the potential challenges that the New Year brings.
January can be a bit of a sombre month. The festivities are well and truly over and it can be tough to get motivated and back into a productive routine. Hopefully most of your staff will have enjoyed the break and return ready to hit the ground running, others might be feeling less enthusiastic about being back at work.
Know your staff and consider an initiative to get them motivated and engaged. Recognise that team members are different and what works for one person will not necessarily work for another.
Staff moving on to pastures new
According to Monster, January 4th is the biggest job search day of the year. Many people associate the New Year with a new job and your staff may be thinking about moving on to pastures new.
People move on for a variety of reasons and ‘a job for life’ is an unfamiliar concept these days. Whilst there are things that you can do to retain staff, it’s important to be realistic and have succession plans in place to cope if a valued member of staff hands in their notice.
The pressure of the final quarter of the financial year
It may be the start of the new calendar year, but the financial year is drawing to an end. For many businesses, this means that all hands on deck are needed to close off the year, increasing workloads and stress levels.
Of course, a little stress is part and parcel of running a business, and many would argue that it’s what focusses the mind, however, it’s a fine line and you need to consider what that means to you and your team.
If you need a little help or guidance when it comes to effectively tackling the HR challenges that are thrown your way this month, please get in touch by completing the Contact Form or calling us on 01604 763494 to arrange your no-obligation discussion.