The economy is improving and employees are feeling confident about entering the job market. Here are five tips to help you retain your good employees:
- Hire right. Managers often hire their turnover by making bad hires.
- Encourage turnover. This ma seem counterintuitive, but employees who don’t want to be working for you or who are not performing should be encouraged to go. Keeping them results in good performers looking for better opportunities elsewhere.
- Hold managers accountable for retention. If reducing turnover is truly important, then establishing acceptable retention standards and managing to them is critical.
- Talk to your employees. Tell employees how important they are to you and your organization. This will be a powerful conversation—one that most employees never experience in their career.
- Make them an offer they can’t refuse. Retaining workers requires making good hire decisions, investing in their growth, and creating a work environment they’ll love and not want to leave. It also means developing a management style that inspires respect, loyalty and appreciate. Employees quit bosses, not jobs.
Maintaining a stable workforce is an essential ingredient in growing your organization. Do what you need to do to retain your best employees.
If you want to know how I can help you retain your star performers, click Dacri & Associates.
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