Retaining worthy employees in an organization is becoming more complicated day by day.
Treat them the way you'd want to be treated. Period.
People generally only leave some place if they feel they'll be appreciated more (in words and pay) somewhere else.
Most companies have an "away day". Staff go away for a day, in a nice hotel, discuss how the company can do better, get to know each other, la di da....
I say, every year Companies have an "away week" in an Exotic Location, preferably near a beach in a 5 star to discuss how the company can do better, get to know each other, la di da......with time to chill.
People would think twice before resigning.
Is it though? In a recession it is completely a employers market, there is an unemployed person snapping at the heels of every employee in this kind of environment. The employee should be worried more about whether you are going to keep him, thats just life. If anything, treating him with respect now will prevent him from jumping ship when things get better, but there will be dozens of qualified and cheap people on your doorstep if he left just now.
really? Even in this economy? Hard to believe! Well a good working environment helps... so it's best not to ride a workers back too hard... let em do their job, let em make more decisions, let em feel more involved in the operations of the business. Make em feel like his contributions are making a difference. Notice I didn't say anything about money. Of course, you've got to pay a competitive market rate, or, what I liked was company perks, like a company car! Now for many businesses that's a little much these days, but there's other ways to reward employees.
There are a lot of employee and motivational programs. Employers should focus mainly on business advancement, organizational development, career planning as well as rewards and recognition for their companies. If there are rewards and recognition, employees are also expected to perform better than their best.
Have a great week!
Treat employees with respect. If you give employees a stake in the company, shares for instance and you will have an employee who really feels invested in making the company successful and profitable, it profits them directly to see the company grow in profits and public reputation. It's not really that hard.
Make sure they are happy. Be fair, but have rules. Make coming to work fun. Allow them to put their families first. Provide as many resources as possible. Make them comfortable. Provide praise and rewards when good work is done. Be professional but supportive.
To keep my staff happy I offer incentives to earn more money. Productivity should be rewarded where possible. A happy, content enviroment, with mutual respect. Listen, learn, and never bully your way into getting what you want. Gratitude, and the odd boost in morale will get you everywhere. This year, for our xmas party I am taking them all to a hotel for the night, where we will have a meal, then hit a casino. The next day we will all go from the hotel for a christmas lunch bash. They are all really excited about it, and so am I. I am very fortunate that my shops have not had anyone leave in 6 years. We have added to the numbers over the years, and I am proud to say I have trained many of my girls from school leavers to management positions.
invest in your employees, offer training that will advance their careers, and don't forget to try to promote from within. I have the most respect for my former employer who invested $ into training, certificates and even paid for schooling. I would have stayed longer than 10 years had I not had the opportunity to work for myself, and believe me, I do Invest in myself all the time.
Pay them well and allow them to do their best and hope for more responsibility.
Pretty much the only things I've ever cared about have been pay/other financial benefits and being treated with respect. I've more than once settled for less pay but never been willing to tolerate lack of respect.
I once worked with a supervisor who would go out to conferences/seminars that was supposed to teach managers how to motivate people. She'd then come back to the office and try to use what she'd learned immediately. I remember once she came back and about a half hour after she was back she came over to me, put her arm over the back of my chair, and said, "I'd just like you to know how much I appreciate what you do." It was about as transparent as it gets, and I didn't particularly feel very respected, in view of the fact that "someone" apparently thought I was dumb enough not to see what she was doing. I just think employers should skip all the fru-fru baloney they often do these days and aim to put their money where their mouth is, as well as respect their employees.
1. Encourage your staff to take on responsibility (as long as it's within their capabilities). Don't micromanage (I've worked for a micromanager and found it VERY annoying)
2. Ask for your employees' opinions
3. Acknowledge when your employees know more about something than you do
4. Don't pass your employees' ideas off as your own
5. Don't play favourites
6. Don't backstab
7. Don't be a diva, and don't take your personal problems out on your staff.
Plus what other people have said in this thread - e.g. show gratitude and appreciation etc.
Honesty and respect.
If you are honest with your employees, they will always know where they stand, which will help them feel respected.
If your employees feel respected as people, they will want to do better for the company.
Of course, big fat year-end bonuses are great incentives too.
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