It is no secret that high staff turnovers are a concern for both small and large businesses. When talented members of staff begin leaving in droves, tight deadlines become impossible to meet and company morale can soon diminish. There are several reasons why an employee might hand in their notice. Whether a career opportunity with higher pay has tempted them to jump ship or a general feeling of disenchantment is rife in the workplace, it can often be difficult to get to the root of the problem. Nonetheless, if you are a business owner, you might still find yourself wondering How can I prevent my employee from leaving? Let’s discover 3 ways to stop employees leaving.
Giving employees recognition when a job is done well is one often overlooked way to boost morale and celebrate success. Bonus structures, verbal appraisals and even handwritten notes can ensure your employees feel seen and that work completed is beneficial to the business. Showing your staff appreciation humanises the workplace and can brighten even the busiest of days.
Creating a positive atmosphere makes employees comfortable and more likely to produce their best work. Pay special attention to staff that are not typically in the spotlight and aim to keep track of birthdays and other relevant anniversaries. You can even organise staff outings to enjoy team building time outside of the office.
Focus on the future
Communicating frequently and openly is key here. Employees need to be able to see opportunities for personal and professional growth within an organisation in order for them to stick around. Allowing movement within the company can be as simple as encouraging an employee to try out a different role or join a new team for a trial period.
Establishing an organisation that strives towards enabling staff to achieve their career goals is vital to success. Furthermore, fluid workplaces – where employees are no longer rooted to a specific job role and instead share responsibilities with others – enable staff to get a deeper understanding of a business. Listen to any feedback from leaders and do not be afraid to train members of staff in other relevant areas of the business such as sales or admin.
Address issues promptly
In even the most thriving business, disagreements and differences of opinion are a natural consequence of pooling together a diverse team of individuals. Ask your employees questions about how any pressing issues or situations make them feel and try to reach resolutions. Do not rely on quarterly surveys for feedback and instead seek employee comments in real time.
As a business leader, ensure you are present and mindful of any signs that your staff are unhappy. Allowing problems to go by unaddressed can lead to feelings of dissatisfaction and tempt employees to seek work elsewhere. Acknowledge any misunderstandings, enable developments, and be proactive in making changes in a timely manner.Ultimately, retaining valued members of staff is a challenge that most companies have to face in the fast-paced world of modern business. Providing employees with a positive and open environment is essential for company culture, and, as a direct consequence, business success. If you would like to learn more about reducing staff turnover, check out this blog about retaining long term employees to discover more.