If there’s anything the past two years have taught us, it’s the importance of being able to keep our best employees on staff.
It’s hard enough having to make the right hire for your business, and there needs to be an equal amount of attention after making that hire that goes toward keeping the best talent in place. In order to do that, you’re going to need to take a strategic approach to ensure that your employees get what they need in order to stay.
HERE ARE 7 STRATEGIES YOU CAN ADOPT TODAY TO RETAIN EMPLOYEES.
- Encourage employees to give input: This is a simple technique that any manager can implement. Create a culture where your employees feel like they can speak up and that their input is valued. Allowing employees to voice their concerns can help increase retention and increase productivity.
- Stop micromanaging: You have hired employees because they’re qualified to do the job, so you need to allow them to do it. Micromanaging can keep your employees from being their most productive selves. Avoid micromanagement by focusing on the outcome of certain tasks versus the step-by-step process of getting to those outcomes.
- Offer flexibility in the workplace: Flexibility is one of the driving factors in employee retention. Flexibility is something that has specifically become top of mind for new employees, and in the future, it will likely become an expectation instead of a benefit. According to this report from Zapier, 74% of employees would be willing to quit their job to work remotely. Allowing employees to be flexible with their schedule and work environment shows a level of trust that will go a long way to retaining them.
- Recognize hard work: In Glassdoor’s Employee Appreciation Survey, “53% of people said feeling more appreciation from their boss would help them stay longer at their company.” Almost equally important, though, is that 68% of employees surveyed said their boss already shows them enough appreciation. The lesson we can take from this is that recognizing your employees’ hard work often is one of the best ways to keep them satisfied.
- Promote internally: Does your business need to continually search from outside the company to find managers for leadership positions? Hiring for these positions internally can show employees that there is a reward for hard work and a future and pathway to promotion if they remain at the company.
- Team-building activities: Team-building activities have become more and more necessary in today’s climate. As many employees work remotely, they can often find themselves feeling isolated from their coworkers. Team-building activities such as games or ice-breaker questions during staff meetings, help build camaraderie and connection with each employee.
- Provide training/professional development: Professional development should be a top priority for your company as it develops a plan for retention. Offering professional development opportunities helps improve your company culture by showing employees that you are willing to invest in them.
Keeping the best talent on your staff will help increase your company’s productivity, make the office a more enjoyable place to work, and could even help attract new hires to fill any current vacancies you may have. If you need help developing strategies to keep your employees, we would love to talk to you!