5 great ways to retain employees (31west knowledge series)
DESCRIPTION
Its hard to find good talent. So why not do your best to retain the diamonds you've dug out of a coal mine? These are 5 proven ways that will help you retain great talent without compromising on your company's principles and budgets.TRANSCRIPT
5 Great Ways To Retain Employees
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Knowledge Series
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Cultivate Interest - Here’s How
1 Reduce Monotonic WorkResearch work in free time; something off the book
2 Make Work FunTheme daysFun days‘Bring your family to work’ day
3 Team OutingsTeam lunch/dinnerCamping in the woodsJust some gossip over coffee
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1 Take a small walk in open to release stress.Coffee does not help; It increases tension and headaches in most casesDrinking more water keeps the body hydrated.
2 Sharing WorkProper staffingDelegating work
Stress-Free Environment – Here’s How
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3. Clarity
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Clarity – Here’s How
1 Keeping PromisesNo undisclosed deductionsNo false commitments
2 Team HuddlesGeneral discussionsSetting up expectations and goalsBoosting team morale
3 Employee Complaints Redressal ForumAlways listen to the other side of the storySingle point of contact for addressing concerns
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4. Motivation
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Motivation – Here’s How
1 Creating New OpportunitiesGrowth opportunities are always lucrative Helps company streamline
2 Promote & Appreciate Active ContributionHelps an employee feel noticedContribution can be towards the improvement of the company/project
3 Performance Based IncentivesCreates an opportunity for employees to earn moreIncreases the productivity of the employees
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5. Mentoring
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Mentoring – Here’s How
1 Grooming Employees For GrowthGrooming makes them ready to take up new responsibilitiesIncreases employees’ confidence
2 Never Ignore Weak EmployeesWeak employees are often neglected whilst they need helpTraining programs can be helpfulSetting up goals and following up on them boosts confidence
3 Audits and FeedbackHighlight their strengths and help them understand their weaknessesCreates clarity with respect to expectation vs performance
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Result
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