How to Keep Your Best Employees from Leaving the Company

Employee Retention

 

Many managers often fail to realize that doing everything you can to make great employees stay is cheaper, not to mention more efficient, than finding new workers and training them from scratch. This makes it all the more important for companies to identify their star employees and keep them in the organization.

And although salary will always be a factor in employee satisfaction, what turns out to be more influential is employee engagement, or the level in which workers feel inspired by, involved in, and excited about their work.

So, how do you ensure your staff is engaged and loving their work? Below are a few ideas.

Treat Employees as Partners

Employees greatly appreciate being treated as real people with real contributions to the company, instead of individual cogs in a giant mechanism.

Companies that have embraced intrapreneurship, or treating employees as business partners or entrepreneurs, have found increased levels of employee engagement, with workers getting freedom and the feeling of real ownership over their work. And when this happens, they are more likely to stay and perform at a high level.

 

Be Honest and Transparent

Although this sounds like common sense, transparency and honesty through open communication is one of those things many companies ignore at their own peril. By opening lines of communication in your boss-employee relationships, you can ensure your staff know what’s happening in the business, which helps make them feel a part of what’s going on.

 

Challenge Employees With New Responsibilities

One factor that kills employee engagement is boredom. When employees feel bored, dissatisfaction follows, then a desire to look for work that’s new and exciting. To nip this problem in the bud, expose your staff to new responsibilities that will challenge them, expand their knowledge and help them hone their skills and acquire new ones.

 

Treat Employees Right

Needless to say, it’s important to treat your employees with the respect and dignity they deserve. Forget about employee engagement, do it because it’s the right thing to do. Take the time to get to know your employees at a personal level, and talk about things not related to work. Show them you care about them and see them as actual people, not just workers.

Bottom line? Treat your employees with respect and chances are, they’ll happily stay with you for the long haul. For more workforce management tips, be sure to follow this blog. If you need access to a pool of local talent, talk to the staffing services experts of Star Staffing to learn more about our recruitment solutions.