Any respectful and successful business will comprehend that their team of employees is the very core of a company. When you have a good team of people around you, you are much more likely to succeed as a business because you need everyone to work well and be productive and efficient so that every aspect of your company runs well.
Hiring the appropriate people is only the beginning to expand your team – during this initial stage, individuals need to show you how they are worth being part of your team. However, as people start working in your company, it will be up to you to ensure that you retain them within your company for as long as you can.
4 Tips To Improve Employee Retention In Your Office
When you have high levels of staff turnover, it can be difficult to hire people, and your company may gain a bad reputation. If employees stay with you for a long time, this will build your rapport and trust with each other as well as their loyalty to your business. In this article, we will provide you with expert tips to improve employee retention in your office.
1. Make Day 60 as Important as Day One
As we mentioned previously, making a job offer to an individual is only the very first stage of the hiring process. Oftentimes, employers pay a lot of attention to the newbie when they first start, but this quickly fades, and they are forgotten and expected to work effectively as if they had been in the job for long.
This can make them feel neglected and not valued, and if the job is difficult, they may struggle and believe they are not apt for the job. Avoid this by providing continuous support to your team and by ensuring they are equipped and trained to do the job well.
2. Optimize Employee Benefits
Work benefits are at the top of the list right next to salary, when it comes to people making decisions about getting or staying at a job. This is a very important subject as people can become anxious and worried about the future should anything happen in their life outside of their control. Some of these perks include holidays, maternity and paternity leave, health and life insurance, among many other suggested benefits from Zenefits.
Any entrepreneur will tell you that managing different aspects of a business can be overwhelming, however, technology has facilitated this by creating platforms that enable you and your employees to access and enjoy their benefits from one single system. Making sure your business adopts such measures will make things much easier for you and your employees and increase your likelihood of retaining them in your company.
3. Give Your Employees Flexibility With Their Schedules
You may have specific goals and expectations for your business but it is important to understand that your employees will have their own lives outside of work, and it can become difficult dealing with personal issues knowing they have a very demanding boss. A great advantage for employees is to allow them some flexibility with their work schedules so that they can have a good work-life balance.
Maybe you have a single parent that needs to take the children to school, so they need to start a bit later, or you have someone with a specific health condition that needs to work from home from time to time, or simply some individuals are more productive after lunch rather than in the mornings. Giving your team this freedom, as long as they complete the work required from them, reduces pressure, and will certainly want them to stay with the company for as long as possible.
4. Recognize Your Employees’ Hard Work
Understandably, you have many concerns and issues to deal with as a business manager. But you must shift your attention to the appropriate areas. We mentioned above the importance of employees being happy and staying for longer periods with your company. You may not be able to achieve this if you are not recognizing the employees’ hard work.
Statistics have shown that oftentimes managers believe they indeed recognize and reward the work of the team, but it seemed that staff members themselves do not agree. Rewarding people’s good behavior will only make them respect the company and want to continue a good job. You can easily do this by rewarding people one day off, for example, a voucher to their favorite store or even by promoting people.
Keeping your employees happy does not have to be a difficult job, and it is crucial if you want your company to succeed. The employee retention tips discussed above will provide you with an idea of how to ensure people enjoy working for your company, increasing the likelihood of employee retention in your office.