Trying to run a successful business is deemed to be one of the most difficult tasks in anyone’s lifetime. The amount of planning thought, tears, and dedication that goes into it is unimaginable. However, if you truly want a business to succeed, the secret ingredient is to retain your best members of staff.
If you are in a period of growth and noticing a healthy business that is sustainable, a lot of the credit has to go to the staff that is pushing your product to your consumers. As the great resignation is in full swing, now is the most important time that business owners have to look at what they need to do to retain staff and maximize their chance of continuous growth. Read on to find out more.
Focus on employee engagement
If you are wanting to retain certain members of staff, you first must have a conversation with yourself and think about, do they really know what your business is about. Are they aware of the business goals and aims? Do they know how crucial they are to making these goals a reality? Employee engagement allows employees to learn the answer to all of these questions.
Employee engagement can be encouraged in many different ways, one of them being team-building activities. If you are hosting activities that require team tactics and healthy competition, you are able to keep your employees engages and excited about the business and what you can offer them. This, in turn, keeps them engaged and allows them to showcase your business to their peers whenever possible.
Support them
One of the key factors that any employee is looking for in a business, is a supportive hierarchy that has the employee’s best interests in mind. Showing that you care right from the start is the key to letting employees know that you are truly one that cares about their growth; Think about having an onboarding process.
An onboarding process allows new starts to meet their colleagues straight away and build a working relationship with them. After you have conducted this onboarding process, have a meeting with them, maybe a month down the line, and ask them if this process helped, how they are getting on, and if there’s anything else that you can do as a business to help them settle in to ensure that you are retaining talented staff.
Pay them their worth
A gripe that many staff has in the modern working era, is that they are doing the jobs of 3 or 4 people, however, only receiving the basic salary of 1 person. If you have staff members that are going above and beyond for the business and ensuring that profits are coming in at a steady and consistent pace, then you have no reason to not offer them a wage increase and/or bonus.
With the cost-of-living crisis on the rise once again, this is something that you can do for your employees that will ease their stress from them. A fantastic living wage and a great company with fantastic aims will never struggle to retain staff, keep this in mind.
Offer flexibility
The world is vastly changing, and the COVID-19 pandemic has meant that workplaces have had to adapt to the current needs of employees, and this includes how flexible they need to be. If you are an employer, you should be looking at giving your employees the chance of hybrid working and a flexible timetable.
This simply gives them the opportunity to work around any real-life issues that may occur, because at the end of the day, things do happen that are out of everyone’s control. By offering them this level of flexibility, they are able to minimize the risk of anything out of their control occurring, and this further gives them a sense of trust from your side.
