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13724 Venetian Court, Orland Park, Illinois 60467
Office 708-301-6425  Fax:  708-301-6455 
 

Providing Human Resources Consulting for Small to Mid-Size Organizations

 
August, 2010
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Greetings!
 
Busy times for busy people!  As the summer vacation season nears an end, there is often pressure to "catch up", to "make up for lost time"; often this is self-imposed pressure resulting in increased levels of STRESS.  Stress has the potential of being a debilitator, but can also be a motivator; stress can incent action.  Stress can be likened to blood pressure; it needs to be controlled but you sure don't want to be without it.  The following main article presents some tips and suggestions for controlling stress which we hope you will consider.
 
Our sidebar this month continues the theme of planning ahead and presents what we hope is useful information for your consideration in developing your 2011 salary increase budgeting. 
Stress Business
Stress? 

 
Are your employees functioning efficiently? Are they struggling to meet deadlines? How is the quality of their work? Do they seem to be preoccupied or disconnected - (don't forget to evaluate yourself in the process).
 
Managing an organization in 2010 has created more challenges for leadership than at any other time in the near past.  In addition to management struggling to create and maintain efficiencies within their department or division, they must also remain "in touch" with the needs of their employees. Workers are also feeling increased pressures attempting to balance work and life issues in a challenging world.
 
This juggling act is critical to their individual success as an employee but even more so for the organization. It has been proven by countless studies that employees who have lower levels of stress outperform their counterparts when burdened by actual or perceived stressors inside or outside the workplace.
 
There are many antagonists responsible for cultivating stress in our lives. In this article, we will focus on a few simple strategies that we can share with our employees that may help ease some of the anxieties associated with self-induced work-related stress.
  • Set Goals and Control Time Allocation: Set goals that are realistic, achievable and measurable within appropriate time frames. Scheduling more than you can handle or trying to cram one last appointment in before lunch can definitely create an overload and cause undue stress. Schedule your time accordingly. Learn how to say, "No" if you're faced with an overload situation.  Carefully consider any time-based commitments you make and fit them into your schedule appropriately.
  • Reconsider All Meetings: Make certain there is a need for a meeting. Is it an efficient use of time and does it serve a valid purpose. Meetings should only occur when interactions are required. The Wall Street Journal, quoted a study that estimated American managers could save 80 percent of the time they currently waste in meetings if they did two things: start and end meetings on time and follow an agenda.
  • You Can't Be All Things To All People: At some point in your day, something has to give. Prioritize your commitments and address those which are the most important. Time management could be defined as the ability to control events - when we are in control, the stress is minimized. However, when we allow our commitments to overrun our ability to control, we become our own worst enemies and stress starts its invasion.
  • Make Time Decisions Based on Analysis: Categorizing your to-do list is a simple yet often forgotten strategy in defining your workday.  To best eliminate the possibility of undue stress leeching into your agenda, categorize your tasks into these four groups. (Spend a majority of your time on the items that fall into the last two categories) Not Urgent and Not Important, Urgent but Not Important, Not Urgent but Important and Urgent and Important.
  • Manage Procrastination: Most people procrastinate for these three reasons: You don't know how to do the task, you don't like to do the task, or you feel indecisive about how to approach the task. Most often, breaking a large project into small manageable tasks can create the feeling of accomplishment. List each section of the project on a To-Do list and reward yourself for each portion completed. Remember this - activity precedes motivation: get something started and the motivation will often come with starting the task.
 
Share these strategies with your staff and implement them into your own daily work life. They really can reduce stress levels which can ultimately lead to positive returns on human capital  investments.
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 Salary Increase Planning 

The Conference Board has just released their annual survey report conducted among 313 U.S. companies this past April which projects a modest increase in planned salary increase budgets among those firms for 2011 (this has been an historically reliable survey over the years).
 
The median salary increase budget in 2010 was 2.5% (the same as for 2009).  Projections for 2011 show a modest increase to 3%.  Across industries, the 2011 forecast shows little variance, with no employee group in any industry projected to exceed the overall median of 3%.
Pay for performance continues to be the common approach for the allocation of salary increase budgets, as companies remain focused on higher-performing employees and growing the business.  The vast majority of surveyed businesses do not plan on budgeting general "cost of living" or "general increases" as there appears to be little risk of inflation eroding the real value of salary increases.
 


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Regards,
 Rich
Rich Lehr, President
RGL Consultants