According to research, to engage & retain top performing employees is one of the best ways to help company growth. This approach is neither new, nor is it easy. In recent years, employee poaching and job-hopping have become rampant as recruiters look to having the best employees in the market while employees hunt for better job opportunities. As an employer, the last thing you want is to look back and find that you lost talent simply because you could not offer them enough to stay.
Millennials (18-34 years) take up over half of the job population. 87%of these same professionals have confessed to being open to meeting with recruiters despite holding job positions in different corporations. There is always that longing for a better opportunity. As the employer, you have to put thought and deliberate effort into creating a conducive environment for your employees for you to retain them.
Some methods that have proved to help companies engage and retain their employees include;
It is not easy to be productive with an under-motivated employee. Lack of motivation arises from a couple of factors;
- Sometimes, even unconsciously, employees can disregard the wellbeing of their employees in one way or the other. For example, ensure that there are enough office supplies at the office. This ensures that work is not disrupted and that the employees do not have to go back into their pockets for supplies that are not their responsibility.
- If, by chance, an employee had to dip into their pockets for something the company should provide, make a point of compensating. This will keep them motivated and to feel acknowledged by you hence increasing productivity.
- Encourage your employees to break routine. Some jobs require you to sit or stand for long hours, and this can be exhausting and dangerous to the overall health of the employee. Encourage them to rest during breaks and do activities that do not revolve around work. Opt for an out of office meeting with breakfast, lunch, or a snack. This breaks the monotony and offers room for you to mingle with the employees on matters beyond their job description. This will help you get to know each other.
Communication helps a long way in defining tasks and tasks that need to be addressed. As the employer, it may be tempting to overrule decisions made by the employee or even disregard their opinions. This will only cause withdrawal and, eventually, less productivity.
Ask for the employees’ input and implement their ideas. Listen to issues that they raise as they may have a direct influence on the growth of the company.
3. Observe company culture
Company culture ranges from those daily routines at the office, to those activities that you do outside the company for leisure. These are; Group projects, leagues, reward ceremonies, office parties, daily morning briefings, and even morning prayers.
Maintaining these practices keeps the employees looking forward to something interesting besides their daily workload. For example, employees will be motivated to complete their group and individual projects and meet or go beyond the set target as they look forward to the yearly bonus and reward ceremonies. This benefits not only that employee but also you as the employer. Ensure to reward them well as this is also redirects them from other competitors.
4. Support your employees’ career growth
Every individual aim is for growth in every aspect of their life. As an employee, it is your mandate to ensure that the working environment you provide offers room for growth both as an individual and a corporation. You can do this by;
- Offer your employees a skill development training program, such as leadership training.
- Provide mentorship programs.
- Offer promotions.
- Increase pay once in a while, especially with the increase in the cost of living.
5. Offer your employees’ job flexibility and life balance
Employees strive to impress. After all, that is one way to maintain your job. However, as an employer, it can be easy to overlook this and entertain long hours, even when not necessary. Ensure that your employees have a balance between work and personal time. If an employee works overtime, compensate them.
If you want to retain top performing employees, respect their time. For example, avoid calling them in on their off days unless it is critical. If you need them to work on their off days, tell them in advance and compensate for the same.
Humility is the highest level of respect you can give to your employees. Be firm, but be kind. This way, they will not only respect you but also feel comfortable enough to engage with you with regards to work. Never forget that we are all human, and the attitude you use to approach your employees will be the determinant of if and how much your company will survive with the talent you have.
Doing the above will help your company to retain the top performing employees while ensuring company growth. For a personal training for your company on how to further keep your best employees happy, reach out for our HR training today. We’ll give you a custom solution for your needs.