According to research, 40 percent of employees start looking for a new job after working for 6 months in a recent job. There could be many reasons for this turnover rate. Employees may feel dissatisfied with their salary package, they may feel the office environment uncomfortable, or there could be many other reasons. But here we are not discussing the reasons but the solution or the tips on how you can retain your employees forever.
Simply, if you want your employees to make a long-term commitment to your company, you need to give them reasons to stay. You can go with Predictive Success. Here are 6 ways you can retain your employees.
Give Them Responsibilities
Giving your employees a sense of responsibility will make them feel like you trust them and want them to be a part of their team. This allows your employees to progress. Along with providing them responsibility, give them opportunities so they don’t feel alone when faced with challenging work. Encourage them to expand their knowledge.
Show Them Respect
Give respect, take respect. This applies in almost every field of life. But this is also applicable in the workplace. If you respect your employees, they will respect your company and their relations with your company.
Your employees want to know that they are respected. It’s always said that people usually forget the things you say to them but always remember the acts you do towards them. Being a manager, you should make it a priority to give respect and positive memories to your workers that they never forget.
Compensate Them
Pay is not everything when it comes to job life. A good job life includes other benefits as well. For example, you pay your employee above the average salary but don’t allow him to take leaves when needed, or you cut their pay according to the number of leave they take. This will make them frustrated with their job and they might want to leave your company.
That’s why you must compensate your employees as much as you can. Allow them to take sick leaves and carer leaves. Some employees don’t know what is carers leave?. They think that they can only take leave when they are sick. Give them the freedom to take care of leaves when an unfavorable situation arises. In this way, you show your employees that you care for them.
Share Credit
Many managers overlook the importance of sharing credit with their employees and they end up seeing less productive and demotivated employees. Sharing success credit among your employees shows them that you recognize their efforts and acknowledge their abilities. When things go well, never forget to give rewards and recognitions to your employees.
Be Generous With Relaxation Time
This is one of the most important factors that help to retain your employees forever. Don’t restrict your employees with hours and deadlines. Give them flexibility regarding the completion of tasks. Allow them to work in flexible hours so they don’t stress out and use their mind and ability to the maximum.
Read also : Keeping Your Employees Is Easy With These 5 Tips
