Approximately 60 percent of all employees have been with their current employers for 3 years. This is an interesting stat and it speaks to the importance of employee retention, which business owners should be mindful of. Not only will this help them build better companies, but Robert Jain can attest to the notion that it can save money in the long term. Here are some employee retention do's and don'ts to know.
For business owners, one of the ways to retain employees is by providing opportunities for growth. The more ambitious men and women always want to improve themselves, whether it's in regard to their personal or professional lives, so allowing them to grow is paramount. They will feel like they're being valued, which will convince them to stick around. This is a great employee retention tip that names like Bob Jain can support.
It's also important for business owners to understand the importance of a work-life balance. While employees should work hard, it's equally important for them to devote time to their loved ones and outside interests. Life isn't about work on a 24/7 basis; this can actually make the workplace more stressful than it should be. By consistently expressing the need for the aforementioned balance, your employees will become more content.
When it comes to the "don'ts" of employee retention, losing one's cool with employees should be at, or near, the top of the list. No day at the office is perfect, but this doesn't mean that it should be seen as the end of the world. Business owners should know that even the best employees have off days, which is where calm, civil conversation comes into play. Talk out these matters with your staff; it will make for a better work environment.
While it's important to acknowledge shortcomings in the workplace, what about those moments when employees perform at high levels? Everyone wants to be recognized for the good work that they do, after all, which is why it's important for business owners to make this effort. Even if it's as simple as a "congratulations" during a morning meeting, small acts of kindness go a long way. They also ensure that employees stick around for the long term.
For business owners, one of the ways to retain employees is by providing opportunities for growth. The more ambitious men and women always want to improve themselves, whether it's in regard to their personal or professional lives, so allowing them to grow is paramount. They will feel like they're being valued, which will convince them to stick around. This is a great employee retention tip that names like Bob Jain can support.
It's also important for business owners to understand the importance of a work-life balance. While employees should work hard, it's equally important for them to devote time to their loved ones and outside interests. Life isn't about work on a 24/7 basis; this can actually make the workplace more stressful than it should be. By consistently expressing the need for the aforementioned balance, your employees will become more content.
When it comes to the "don'ts" of employee retention, losing one's cool with employees should be at, or near, the top of the list. No day at the office is perfect, but this doesn't mean that it should be seen as the end of the world. Business owners should know that even the best employees have off days, which is where calm, civil conversation comes into play. Talk out these matters with your staff; it will make for a better work environment.
While it's important to acknowledge shortcomings in the workplace, what about those moments when employees perform at high levels? Everyone wants to be recognized for the good work that they do, after all, which is why it's important for business owners to make this effort. Even if it's as simple as a "congratulations" during a morning meeting, small acts of kindness go a long way. They also ensure that employees stick around for the long term.
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