Running a corporation is about so much more than the bottom line in modern business. Sure, profits and margins are significant, but sometimes the human element takes a backseat to other corporate concerns. To thrive in a contemporary business environment, that needs to change. Taking care of your employees is the first step to improving engagement and helping them grow at the organisational level. In general, employee retention is one of the most significant drivers of good performance. So, how do you retain employees, drive engagement, and help your staff succeed? Look no further than these five tips!
Be Open And Transparent
As someone in charge of an organisation and running a team, it’s vital never to underestimate the value of being open and transparent with your teams. Language is pretty essential. Using “we” instead of always saying “I” can be pretty effective. But you must also thoroughly explain your plans and goals to employees and the rationale behind them. Helping employees understand why you do things the way you do is much more effective than merely stating, “that’s the way things are.”
Furthermore, it’s vital to explain your reasoning behind decisions, workplace changes, and new initiatives to employees as soon as possible. Consult them about making decisions, so they don’t feel left out and confused about what’s going on at work. The key here is communication. Communicate changes in processes ahead of time, so there’s ample opportunity to adjust to the new procedures before implementation. Clearly defining boundaries and expectations is the best way to improve engagement, improve communication, make the office a better place, and be more productive.
Give Them An Extra Day Off
If you want to earn respect and improve morale, consider giving your employees an extra day off once in a while—or offering a paid day off as an incentive/reward. Sometimes, it can be beneficial to ditch the classic two-day weekend instead of a three-day one. This small, simple gesture is a highly effective way to engage your employees. It helps them focus, be more productive, and have a better sense of well-being. Time off and vacation are fantastic methods of reducing burnout and are ideal for revitalising employees. Figure out ways to give employees an extra day off once in a while, whether flexible hours or the opportunity to work from home. Being a little more relaxed in this area can improve employee mental health and create a better, more positive environment at the office.
Use Employee Recognition
Employee recognition programs are a great way to reinforce the values and culture of an organisation. They’re handy for engaging employees in their work by acknowledging their contributions (both big and small) and providing a platform for employees to support each other directly. Employee recognition can include thanking someone for a job well done, recognising them for going above and beyond, or simply supporting them on their post’s project or company goal. Social recognition is becoming increasingly popular among organisations because it’s an easy way to show employees that they’re appreciated. With so many options for credit, it can be challenging to find the right platform for your company. Look for a platform that has cloud capability, can integrate with existing platforms at your organisation, and it’s easy for your employees to use. Encourage regular use of the system and prepare to enjoy a much more positive working environment.
Recognise Their Work Anniversary
When an employee finds a new job or role within a company, it can be a fascinating time. Onboarding, learning the ins and outs of the organisation, and getting down to business is all part of the experience. It’s a unique experience for everybody, and it is difficult to duplicate as one progresses in their career. With that in mind, remember that an employee’s first day is a big deal. They should be recognised for it. On their first anniversary with your company, you might want to take them out to lunch or coffee. Send them a thank you letter for their hard work over the past year. Consider a gift to commemorate the first anniversary of their work roles, such as a gift card, a plaque, a piece of jewellery, a subscription, or something else they would like to commemorate their anniversary. Having a solid employee anniversary recognition plan for similarly recognising every employee is one of the best ways to improve morale and create a positive working environment. Celebrating milestones regularly and recognising people for their hard work leads to a more successful team and, eventually, more success in the long term.
Help Improve Work-life Balance
In several surveys over the past few years, there’s one concept that keeps coming back repeatedly like a boomerang in the outback: employees desire better work-life balance. No one wants to feel like they are attached to their company 24/7. To improve work-life balance, a company has a lot of power. It can start with offering flexible hours and being fair with sick time. Nobody should worry about losing their job because they can’t come in at a particular hour due to a sick family member or other mitigating circumstances. Flexible hours empower employees to continue working and maintain the time they need to complete their responsibilities without worrying about their employment status. Paid time off is also an excellent way to improve work-life balance. Paid time off (PTO) means that employees get paid during their vacation and other types of leave, such as sick leave and bereavement. Most companies already offer PTO in some capacity, but everyone must know how much PTO they’ve accrued. This lets them find ways to use their PTO and avoid any potential problems when an emergency comes up. Do your best to improve work-life balance, and you’ll see better employee retention and happiness across the entire organisation.