Monday, July 9, 2012

Employee Retention and Enhancement for Employers

Employee retention is getting a lot of buzz here lately. There are discussions on hiring, the new EEOC rules, unemployed individuals not being hired due to being unemployed and many other hot topics.  I realize that companies want the best talent and they want to keep the best talent.  This week’s discussion is for Employers to learn to maintain the best talent.  I hear quite often that employers are looking for the best talent and they want to retain the talent.  There are several things that employers can do to obtain and maintain the top talent.

1.       Transparency is an important factor in the world of employment.  When a company keeps their employees informed they will have fewer turnovers and more retention.  Unlike 50 years ago, there are not a lot of people staying on one job 30 years, Companies are not as loyal to their employees anymore so many companies will lose people in the shuffle.  When a company does not have transparency, they will have people who are left guessing what is going on and that can lead to fear and rumors.
2.      Weeding out the problem employees can help make the loyal workers remain loyal.  Allowing a problem worker, the one who misses a lot, call in a lot, or just has that negative attitude can make work a much more enjoyable place to be.  Before terminating someone for being a problem worker I think it is better to provide some job coaching and allow that once great and dedicated worker to return to those roots.  Often it seems that managers tend to take on the attitude that they do not want conflict at work so they ignore unethical and unprofessional employees with the “out of sight, out of mind” Philosophy.  Sometimes an employee has to be terminated due to their behavior, but at least give the employee a chance to succeed.
3.      Having a comment box where employees can drop comments in an anonymous fashion can tell an employer tons of information about where the state of the employees are.  Listening to your employees will give them a greater sense of belonging to the company.  Everyone likes to know that their concerns have been heard and that they are being addressed, but when an employer does not get back with the employees on their concerns, the employees can feel unimportant.
4.      Incentives are a great way of keeping employees happy and engaged.  I am not talking about monetary incentives necessarily, but asking the employees what kind of incentive would benefit them.  Gift Cards for online shopping, to be done off work hours, dress down Fridays, not dress unprofessional, Fridays, Free Coffee or sodas, Or anything that will help the employees feel they a part of the company.
5.      Opening up your hiring pool to those individuals who are unemployed will give you a pool of people who will appreciate the chance.  Often when employees become disgruntled with their place of employment their work ethic goes down and they take the job for granted.  Helping reengage them, providing job coaching and finding out why they are less happy will help an employer, but sometimes the bad apples do have to be terminated.  Hiring someone who is unemployed will get you an employee who will go above and beyond to succeed.
6.      Employee satisfaction surveys are a great way to see where your employees are in the company.  Asking for honest and anonymous feedback can let you know where your employees are.  I have heard of some companies doing this for their employees, but I have never been able to give my employer feedback about concerns I might have, mainly due to never being given the opportunity.

I will often say that a happy engaged employee make for a great bottom line for an employer.  Gaining the happier workers will make not only the company look good but will make the customers feel great also.  Employers I hope you will look at this as a few suggestions on how to grab up the best talent, and how to keep them.  


Britney Palmer said...

Thanks for sharing this great article ! That is very interesting I love reading and I am always searching for informative information like this.

Stephen Marble said...

It's true that Incentive awards program can positively impact your employees in an instant. Bukoo Gifts ( ) is a easy and perfect medium if you are thinking about some incentive for your employees.

Chris said...

Thank you both Britney and Stephen for your comments