One of the most important, but often misunderstood, factors of running a business is the ability to retain your employees. The entire hiring process is complicated and consumes a lot of money, so it’s wise to get the most out of each employee to make sure your investment was worth it.
Unfortunately, far too many employers rely on outdated methods and scare tactics to motivate their employees. While this might work for some people, they aren’t universally accepted methods of managing your employees. Many members of staff will eventually leave your company if you aren’t keeping them happy. Loyalty and trust are two-way streets and both ends of the stick have to follow the same plan.
Whether you’re a startup or an established business, here are five different methods on how you and your employees can build lasting relationships to ensure they are loyal to not just you, but your company as well.
Maintain the workplace that they work in
If your employees don’t enjoy their working conditions, then you need to make it your business to request office fitouts for your business and revamp the workplace. There are some limits to this, however. If your employees are requesting new chairs, then ensure that they are actually requesting them for a reason and not just for luxury. Though it helps to care about your employee’s well-being, you need to make sure you draw the line before it gets out of hand.
Upgrade their hardware and tools
Most businesses don’t need anything more than office computers to work on documents and presentations, but if your employees do intensive tasks on the computer such as video editing or design work, then a more powerful PC is mandatory. If your workers are using outdated tools or machinery that looks ancient, then do yourself and your business a favour by upgrading the equipment so that your company runs more efficiently and your workers are happy.
Speak with them
Depending on how many employees you have, it’s worth taking a stroll around the office and interacting with them to keep up with their tasks and also to check if they’re feeling fine. Many employees don’t have anyone to turn to if you don’t have a human resources department for them to express their concerns, so make yourself approachable and you’ll be surprised at how much more your employees like you for understanding their troubles.
Treat them for their hard work
Hard work should never go unrewarded. If your employees are pulling extra overtime hours and going the extra mile for your business, then they deserve an extra boost. Be it a little bonus to their salary or a personalised gift, there are many different options.
Give them time off when they need it
Not every employee can handle extra hours and being overworked. As much as you appreciate their extra work, you should give them time to rest by giving them a break now and then. Remind them to use their holiday dates, check in on their health and mood after long overtime hours, and ensure that you’re not pushing them too hard.
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Vinh Van Lam & Stuart Horrex
Your Creative Coaches CoSydney & ArtSHINE
