As 2021 draws to a close, managers need to prepare for 2022. These TechRepublic Premium resources can help.
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The past year has been a whirlwind, especially for business. Things have changed. Companies must now work to support a hybrid workforce, employees are more selective about where they choose to work, and consumers are demanding pandemic-era services become the norm.
These new business challenges aren’t going away anytime soon. The only way to face them head-on is to prepare now for what may happen to us in 2022. For management, year-end planning is a serious and overwhelming task. After all, budgets need to be planned, employees need to feel supported, and business productivity needs to be ensured.
To help you speed up your year-end planning, we’ve compiled some of our best resources, brought to you by TechRepublic Premium. Below, you’ll find everything from goal setting tips for employees to budget planning tools. Here is a safe and successful New Year!
According to a recent Gallup poll, 51% of workers are disengaged, completely detached from their job and from their employer. And according to PwC, 65% of employees are looking for a better job. How can you, as a manager, help increase employee morale? Motivating employees by helping them set and achieve their professional and personal goals is a good start.
Setting clear goals and celebrating with your employees when they are successful is a sure-fire way to motivate. With each goal achieved, your employees can have tangible proof of their progress and contributions to your organization.
Our Employee Goals Policy provides a simple overview of what can be considered acceptable goals and how you can work with your employees to develop plans to achieve them. It also includes a basic tracking worksheet to help you document the goals assigned to each member of your team.
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Another way to improve employee job satisfaction is to recognize when they do a great job. According to a recent OC Tanner poll, 37% of respondents said that more personal recognition would encourage them to produce better work more often.
Employee performance reviews are a great tool to provide the recognition your employees deserve. Beyond that, it gives you the opportunity to listen to their concerns and provide feedback on how they might improve their performance.
Unfortunately, many managers find it difficult to provide a useful performance review. They often encounter difficulties when defining evaluation criteria and monitoring individual employee goals. After all, with many employees, each with their own responsibilities, no two opinions are the same.
Our employee performance appraisal policy and accompanying appraisal model can help you develop fair and effective appraisal processes that deliver the recognition your employees desire.
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The uncertainty of COVID-19 continues to impact how businesses spend their budgets, especially when it comes to IT. According to TechRepublic’s IT Budget 2022 research report, 43% of survey respondents will tighten their budgets due to COVID-19.
However, 20% of those surveyed predict their organization’s IT budget for fiscal / calendar year 2022 will be less than $ 50,000, up 16% from last year. And about 18% forecast budgets of $ 1 million to $ 9.9 million.
Whether you are tightening your department’s budget or increasing it to make room for future growth, you need the right tools to plan for it.
Our Budget Planning Tool includes an Excel template and related guide to help you set up your budget template and fill in the appropriate fields. In addition, the Excel file is fully customizable to fit your needs. Whether you are a seasoned budget planner or just new to the process, you can use this template with success.
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Renewing supplier contracts can be an overwhelming undertaking. Not only do you have to keep track of your suppliers, but you also need to know when renewals are due and how much is spent on good budget planning.
When planning for year-end, it’s common for managers to spend time evaluating supplier contracts, obtaining quotes, and completing purchase orders. Unfortunately, this can lead to more questions than answers.
When is the best time to renew? Do we have to renew everything at the start of the year? Or would it make more sense to spread your payments over a calendar year?
Our Supplier Contract Renewal Planner can help you prepare for your renewals so you know exactly what’s owed, how much to pay, and when to pay it. Additionally, you can filter the planner by vendors, technology involved, or internal staff responsible for each product.
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