In a recent study conducted by the US Bureau of Labor Statistics, it was discovered that nearly 3 million Americans quit their job on a monthly basis. If you are a business owner, you know how important it is to keep your valued employees loyal.
As time goes by, it is only natural for an employee to start looking at other jobs to ensure they are in the right place. It is your job as a business owner to keep employees happy and content with the work environment you have provided them.
Utilizing the power of technology is a great way to ensure tasks like weekly work schedules are made correctly. With the help of Enterprise Employee Scheduling Solutions – Humanity, you can avoid making costly mistakes during this process. The last thing you want is to make scheduling errors that will anger or alienate your valued team members, which is why using technology like this is vital.
The following are just some of the most effective employee retention strategies you need to think about using.
Focus on Making Your Employee’s Job Easier
Oftentimes, there will be a number of employee pain points that need to be addressed in order to keep team members loyal and happy. Over the course of time, a team member may find themselves doing lots of things that aren’t necessarily their responsibility. It is your job as a business owner to find these pain points and resolve them.
One of the best ways to find out about the pain points your team is experiencing is by conducting employee surveys and encouraging direct feedback. If employees feel like the lines of communication with you aren’t open, they are more likely to seek out another job when experiencing work-related problems.
In some cases, the problems employees have can be solved by implementing the use of new technology or hiring new team members. Regardless of what you have to do to fix these problems, addressing them in a timely manner will serve you and your business well in the future.
Keeping the Salary and Benefits Offered to Employees Competitive
The team at Glassdoor performed a survey recently that found over 45 percent of people who quit their job do so because of being offered more money. Instead of losing valuable members for this reason, you need to do all you can to keep your salary and benefits packages competitive.
With a bit of research, you should be able to find out how much your competitors are offering to their employees. If you are getting beat in both salary and benefits, then making a change is a must. While this will cost your business more, it will be well worth it. By keeping these elements competitive, you should have no problem keeping employees in place for a long time to come.
Hiring the Right People For Management Positions
As your business grows, you will find it increasingly difficult to manage every aspect of your company. Rather than burning yourself out, you need to focus on putting the right people in management positions within your company.
When hiring managers, be sure to focus on putting people with great leadership skills in these positions. Hiring the wrong managers can lead to employees becoming disgruntled and quitting as a result.
During the interview process, take the time to find out more about a person’s management style. Putting people in place that believe in leading by example is a great idea that will make retaining valued employees much easier.
Rushing through the employee hiring process may lead to bad hires being made. Instead of having to deal with the fallout from these bad decisions, focus on taking your time and finding the best employees possible.
