August 12, 2021

Mary Sullivan

How to retain employees

After months, maybe even years of training and working with your employees side-by-side, it’s easy to regard them as family.

Now, would you let family walk out on you? Of course not, right? Well, the bonds you think you have will deteriorate if you don’t put in the work to keep employees engaged.

Of course, that still leaves you with a question. What can you do to fix this?

Well, we’re glad you asked. With this guide on how to retain employees, you’ll have a top-tier workplace back together in no time! So without further ado, let’s get right into things.

You Need Recognition to Retain Employees

A national survey revealed that more than 80% of surveyed employees feel underappreciated by their boss or supervisor and not given recognition for the hard work they do. When employees feel underappreciated, they won’t work as hard and will become less engaged with their work, heightening the chance they’ll leave for a different job.

To counter this, make sure to praise your employees when they do good work. When your employees know you respect and value them, they will feel more loyal to your company and become less likely to quit.

Give Employees Tools to Grow From Within

Another thing that employees find frustrating about jobs is that they don’t give them chances to grow their professional skills after the first few months. While working to teach skills to your employees they can use in other careers can seem counterproductive, doing so will boost employee retention and give them a more positive view of their workplace.

Don’t Pinch Pennies

If you want to keep employees around, there’s no excuse to not pay them competitive wages. The closer you lean towards sticking to minimum wage (or lower), the more you have to deal with the fact that your workplace will have to deal with constant turnover.

Trim the Fat With Onboarding

The goal of your onboarding process should be to get an employee trained as quickly and efficiently as possible. When the onboarding process drags on (or is nonexistent), employees get bored or feel like they don’t have the chance to engage with what they’re doing. This means they head out to go find another job, and you’re stuck having onboarded them for months with nothing to show for it.

Mental Health is Vital to Good Morale

Finally, taking care to address the mental health of your employees is vital to retaining them. Stressed or overworked employees will come to resent their job, opting to kick it to the curb in favor of somewhere less harrowing.

Try to have open conversations with your employees about mental health and enact a zero-tolerance policy for any form of bullying or harassment between employees. Giving recreational bonding activities for your employees to do together after work also helps give them a chance to relax and improve their mental health.

If you want more tips on improving employee morale, look for platforms like PayActiv to help you out.

Restoring Harmony to the Workplace

So, now that you have our tips for retaining employees, what are the next steps you can take? Well, if you’re looking for some bonus ways to make your workplace the best possible, check out the other articles on our website!