There is way more at play than money, when it comes to employee retention. We all know it’s hard to keep our best people, and it costs a lot more to hire a new employee than it does to retain a good one.
But, when our employees begin to disengage, they take their first steps out the door.
Relationships of any kind take time, intentionality, and daily investment to thrive. Here are our three top tips to retaining your employees:
Poor communication can be toxic to an organization. Assuming someone knows information they don’t cripples your staff and sets them up to fail. Often, companies have given their team all the information, but have flooded the brains, desks, and inboxes with too much information. Information overload is just as dangerous as not giving the information at all.
When your employees don’t know what’s important or relevant, they’ll either assume it all is urgent (which leads to burnout) or none of it is (which leads to disengagement).
Great communication begins with highlighting what is most important.
Say thank you.
If you want to see your employees stick around and be at their best, it’s important to make sure each individual feels valued and seen for their contributions to the team. In a large business, this can be a real challenge, but is worth the effort in both productivity as well as long-term retention. It’s much harder to leave a place where you feel essential, but it’s easy to leave somewhere that you just feel like a cog in the machine.
Feedback is a funny thing. We all need it to grow, but it can be hard to seek, because we are sensitive creatures. Often, when feedback is given willfully, it can be extremely negative. Additionally, we often gloss over the positive feedback and only hear the negative feedback offered.
That said, if we want to engage people, they must feel like they have a voice and a safe space to speak. Offering accessible channels for feedback and keeping the lines of communication open on both sides will ensure that troubles get resolved more quickly, long before a great employee decides to quit.
At Retriever Digital Signage, it’s our strong desire to see all of our clients’ businesses thrive and grow. We believe that our Retrievers can be a tremendous tool for internal communications, helping you keep your great people around for decades.
We want to help you keep your best people around, and we’ve written a book all about how to effectively communicate with – and keep!- your best people. Download it here!