It is especially important as the economic climate begins to shift again that companies take employee retention seriously. More qualified candidates are willing to take a chance to change jobs if they are not satisfied now than they were in 2009. People cite many reasons for dissatisfaction in the workplace including a lack of empowerment, no recognition, limited work/life balance, or no enjoyment. As the manager or business owner it is up to you to ensure that your employees are happy and motivated in their jobs. Here are three tips for improving your company’s employee retention.

  1. Implement great onboarding. 22% of employees will leave in the first 45 days on the job. 5% will leave if there is a traumatic experience on the first day. Situations like this can be avoided if you develop a strong onboarding program to use for all incoming employees. Spend time sharing information about your company culture. Assign the new employee a mentor who can show them the ropes around the office. Ask for feedback on your performance as a manager. Strive to make the new employee feel like a part of the team.
  2. Offer challenging projects. Many employees crave more responsibilities. Individuals who are required to perform the repetitive tasks are less likely to be satisfied with their jobs on a long term basis. Employees want to feel engaged and creative regardless of their backgrounds. Sure, these functions need to get done but offer your employees a way to intersperse challenging projects with their day to day duties.
  3. Provide regular feedback. There are two ways most companies provide employee feedback. One is to wait for the next review and the other is to point out mistakes as they happen. While both are important parts of your employees’ learning process they can become frustrating if they are the only form of feedback in the office. Positive reinforcement and encouragement goes a very long way. Provide feedback frequently to correct actions or recognize accomplishments.

Are you looking for more ways to motivate your employees? If you are looking for job recruiters in Troy MI, contact Harvard Resource Solutions today.