Intellectual Ideas to deal with increasing Employee Turnover
Many businesses excel when it comes to landing quality employees. That’s because they do everything by the book. They screen qualified applicants, ask for references, and ask thorough questions during the interview process. After that is when things start to fall apart. Many businesses stop checking in with new employees.
They think that just because they landed a quality employee they don’t have to do anything to keep them. Don’t make that mistake because that can lead to a high employee turnover rate. Here are six ideas to boost employee morale and decrease the employee turnover rate.
1.) Make Your Employees Feel Special
Once you hire a new employee, it’s up to you to make sure that they are thriving and well-adjusted. Employees who don’t feel challenged and see no room for growth will be less inclined to stay.
That’s why you should make them feel special. All you have to do is learn their name and some background information about them. Remember their work anniversary or birthday. If they feel their company cares about them, they’ll be more comfortable sticking around for the long run.
2.) Acknowledge the Hard Work They Put In
When an employee does something good, acknowledge them even if it’s just sending them a quick email to say a great job. Offering rewards for meeting sales goals is a great way to keep employees focused on the tasks at hand. Many businesses offer an ‘Employee of the Month’ award because it helps foster healthy competition among employees. It gives them something to strive for.
3.) Schedule Team-Building Events
If you have a large group of employees working together, it’s important to make sure that they get along. If fights pop up between employees, one or both may be tempted to quit. That’s why you need to meditate the situations immediately. Before things like that even become a problem, try to schedule team-building activities where employees can get to know one another. This will also help them build trust, know they can rely on each other, and create a better work environment.
4.) Small Perks Go A Long Way
In an office setting, small perks can go a long way in keeping employees happy. Offering gear with the company’s logo on it will make them proud to be apart of something. If employees are doing a great job, reward them with a pizza party. When employees are putting in overtime, bring them in coffee or doughnuts just to show that you appreciate what they’re doing. Employees will notice this and feel cared for.
5.) Keep Your Office Door Open
An open-door policy is a great one to enact. Your employees should know that if they ever are struggling, have a problem, or feel unappreciated that they can come and talk to you. Make sure you have time to devote to your employees. Click here to learn about payroll outsourcing so that you can focus more attention on being present instead of the technical side of things.
6.) Offer Room for Growth
No employee wants to be stuck in a dead-end job. They want to know that there is room for them to grow. This is why you should offer a competitive salary, ways to climb up the ladder, and opportunities for a raise. When employees have different goals to work towards, they’ll want to stay for the long run. The second they feel stuck in a dead end job, they’ll consider other options.