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How to Improve Employee Retention

When a top employee resigns from their position, it may indicate that there are issues with your company’s employee retention strategy. Perhaps the employee did not feel appreciated for their work, perhaps they did not feel welcome to the team, or, perhaps, they were not satisfied with the calibre of their duties and responsibilities. 

There are a variety of reasons why a high-performing worker may leave a business, however, there are equally as many strategies that can be implemented to keep them with the business for the long term. In this post, the Find Your Audience team will provide some advice on how to improve your employee retention strategy. 

Have an orientation session

Whenever a new employee joins a company, it may be overwhelming for them. This is because they are placed in a new environment and company culture, must learn the different roles of their team members, as well as get used to performing their new set of duties. A way to help a new employee get acquitted with the office and their new colleagues would be to have an orientation session. This can include a tour of the office, introductions to different departments, as well as informing them about who to go to should they have any questions related to their role. 

Provide some feedback

Employees who know how they are performing would be able to improve their methods and, therefore, the overall quality of their work. Feedback can be provided through in-person conversations, scheduled phone calls, during video conferences, or even via email. In addition to providing feedback, make sure to allow employees to raise any concerns they may have or ask questions. This would give them more clarity on what is to be expected of them in the future. By providing constructive feedback to new and more experienced employees, a business would be able to constantly grow, adapt, and change for the better. 

Include company perks

Perks can give employees more incentive to stay within the company. It doesn’t have to only be about raises or paid vacation days. For instance, offering coffee or free snacks within the office can help improve employee morale and make them feel more welcome when they come into work everyday. If an employee’s birthday is coming up, then a company may also consider sending a personalized email to them. Another way to show appreciation to employees would be to inform them of company-wide events such as an invitation to a baseball game or a musical concert. 

Offer professional development opportunities

Professional development programs or courses are another way to improve employee retention. These can involve mentorships, online classes, or even invitations to business conferences related to the company itself. When employees are able to see themselves growing with a company in terms of their professional career development, then they would be more inclined to stay with the business. 

Celebrate business milestones

Don’t forget to celebrate business milestones, either. When a team is able to finish a big project, a company may thank them for their hard work and accomplishments by acknowledging them or even signing them up for a company outing. Employees who feel appreciated for their contributions are more incentivized to innovate and improve the company itself as well, since they would genuinely enjoy their business duties and responsibilities. Other ways to show appreciation would be to send an employee an email or a thank you note.

Improving employee retention involves paying close attention to the needs of workers and their relation to the company as a whole. By educating employees through effective orientation sessions and professional development opportunities, providing feedback to improve their work performance, including company perks to boost morale, as well as celebrating significant milestones, a business would be able to keep workers who are in it for the long run.

To receive a thorough consultation on other ways a business can be taken to the next level, give the Find Your Audience team a call at 647-479-0688. The team may also be reached via email at hi@findyouraudience.online.

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