Employee Retention: Is it so Difficult?

Gone are the days when only hikes and raises could keep your employees happy. Employee retention has emerged as a primary concern in the uber-competitive market whereby recruiters are coming up with novel strategies almost every day to retain their valued employees. Hikes clearly have ceased be the sole incentive for them to stick to you! There’s a lot you have to do as a CEO. Every workplace is governed by different dynamics and it is your responsibility to make your employees feel that they are a part of this environment. Inspiring your employees remains a continuous process. Whether you want to keep them “beneath” you or move forward “with” them is completely your choice. However, don’t really expect to achieve great results by overriding your employees’ aspirations. They have many more options to explore today and they clearly won’t stay with you long if they feel stifled at their workplace. Here are a few effective tips to keep your employees happy.

How to keep your employees satisfied and encourage better productivity

Foster a feeling of “ownership” among them

Yes—this will ensure that your employee feels responsible for what the company is selling. It becomes easier for self-managed teams to operate efficiently if every team member is thoroughly aware of what the other team member is doing. You, as the entrepreneur, should continuously work towards inspiring your team members to bring their ideas to the table while you can chip in with suggestions at crucial stages of planning and execution. The idea is to “guide” not “dictate”. If there are tasks which don’t require specialization you can rotate responsibilities among employees to help them break away from monotony.

Appreciate

Reward your employees’ efforts by acknowledging their contribution. It would be great if you are keenly observing each one of your employees to find out if he/she prefers public accolade or a personal “thanks” message. Act accordingly. This can go a long way in cementing better employer-employee bond.

Besides acknowledging their contribution, appreciate their presence in your network. Send out warm wishes on special occasions with the help of custom eco2 greetings ecards. There is a wide array of template, graphic and animation options available. Choose different templates for different members and back them up with custom messages, tailored for individual employees.

Show that you trust them

Business managers are often afraid of assigning new tasks to employees, fearing that the entire process of acclimatization would eat up much of the productivity. However, monotony remains one of the crucial reasons behind employee attrition in general. It is important for you to inspire your employees to get out of their comfort zone and try new things.

Offer them the scope to Improve

Your employees might be learning continuously at every stage of their work. You can help them bolster their learning curve by allowing them free training programs. Your company personnel would feel the need for such training sessions—not only for career improvement but also for delivering better performance for your company as well.

Reach out to them via monthly or bi-monthly interactive sessions to find out about challenges and risks in the areas of work and work towards mitigating them together.

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