Stop Losing Employees: 4 Tricks to Beat Turnover
No matter what industry you're in, turnover is a problem you can't ignore. If you're lucky, it's relatively low compared to industry standards, but if it's not, it's time to do something. Because turnover is, in fact, something you can prevent if you're proactive.
First, Assess the Situation
There's a reason people are quitting your company. They might not all leave for the same reasons, but if you do some sniffing, you can probably find a few root causes. Maybe one manager is pretty harsh on his staff and they're running for greener grass. Or maybe other companies are paying more than you are. Whatever the cause, identifying it is the place to start.
Now look at a few tricks to reduce your turnover numbers and keep employees engaged, happy, and in place.
1. Give Them Props
Everyone likes being recognized for a job well done, but many employees say they are not satisfied with the amount of recognition they are getting from their employers, and around that same amount say they would work harder if they were recognized more. It does not take much to notice an employee doing a good job and giving him a pat on the back. Bringing up a good point in a business meeting, finding a time-saving shortcut, or referring a new hire to you are as attention-worthy as major accomplishments.
2. Engage Them Better
Everyone talks about employee engagement, but for many companies, it remains only a concept. It can even be as simple as listening to their input, acting on their ideas, and helping them feel like an important part of your company. Just make sure you're treating each employee like a valued member of the team.
3. Reward Them
Certainly, if your sales team hits its quarterly goal, you can reward them with a fancy dinner, but there are other ways to reward staff without spending much - if any - money. Give them extra days off if they achieve their goals, provide them with schedule flexibility, or let them name your next product. Get creative in your rewards and keep them on their toes.
4. Keep Your Promises
Employees who do not feel they can trust their employers are usually among the first to hit the classifieds. Consider whether you have delivered on promises to your staff. It is important that you deliver to your staff, and when you can't, it's important to maintain clear communication. You can't please all your staff all of the time, but by looking at your work environment and making it as pleasant and welcoming as possible, you'll cut down on the number of people who leave your company.
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Sign up for Cloud services today and we will pay your first month's bill!
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Lyons HR offers 15% OFF Profesional Service Fees for the 1st year for all new PEO Pro and PEO Prime agreements! This is a Chamber Member exclusive deal. Be sure to inform the representative at Lyons HR and recieve your discount!
Category: Staffing and Employment Services
Would you like to see your Member to Member Deal here in our E-blast? Check out the program details and guidelines here and let us know by contacting info@gadsdenchamber.com or calling 256-543-3472
We would like to invite you to click the bold business name links below to be transported to the Facebook page of your fellow Chamber members. Please take a moment to "LIKE" these member pages and look for your Facebook page to be featured in the future!
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