10 Tips to Retain Employees
- Catch people doing something great
Top employees thrive on appreciation. Devote a few minutes every day to thanking your outstanding performers for their work. Over time, try to notice something great about everyone's performance. It makes a huge difference to employee morale when you take time to notice individual contributions and say a personal thank you - especially when you're busy.
- Find thoughtful ways to reward performance
Money can't buy true staff satisfaction. Rewarding your staff is like choosing a gift - it's the thought that counts. Show you understand what each person values most, whether it's public recognition, more responsibility, a change from routine, movie tickets to share with the family, or inexpensive office amenities like a coffee machine or daily fresh fruit.
- Make work as enjoyable as possible
Enjoyment is high on the list of reasons people stay with a job. Create a workplace in which employees can get to know each other and have fun. You could organise team outings like picnics or sailing. Perhaps you could create break out areas where workers can relax and chat without disturbing others. Or provide changing facilities so staff can cycle, jog or walk to work.
- Avoid overworking people
Are your best employees constantly overworked? Your business and your staff can't sustain that pressure for long. People will leave or their performance will drop dramatically. Consider whether you could create another permanent or temporary position to avoid overworking people.
- Demonstrate faith in your staff
Allow your employees to make decisions. Show staff that you believe in their dedication, competence and judgement.
- Help your staff to retain their edge
People who are good at their job take pride in their abilities. Ask your staff what training and skills development they need, and make sure they get it. When employees feel their skills are stagnating or declining, they look elsewhere for positions with better opportunities for growth.
- Create learning opportunities within your organisation
Top performers shouldn't need to leave in order to find new challenges. Help them learn new work skills and broaden their knowledge of your organisation. For example, consider opportunities for cross-training and inter-unit transfers.
- Support your employees' career aspirations
Help employees to pursue a career path in your organisation. Discuss their career aspirations and give them the support they need to achieve their next steps.
- Make sure managers communicate well with staff
Find out how your employees feel about management communications. If communication is not as effective as it should be, identify the problems and train managers in those areas. Keep asking for feedback from staff. Great communications are essential for great performance.
- Review performance regularly
Performance reviews are most effective when they are scheduled at reasonably frequent, regular intervals. Reviews ensure managers maintain a clear understanding of what each staff Remember needs to keep them happy and performing at their best.