In our previous two articles (‘Main Causes of Employee Turnover’ and ‘Best Ways to Retain Employees: Part 1’), we discussed why you could be losing staff, the negative impacts this could have on both your business and your bottom line, and some of the things you could do to fix this. In Part 1 of the ‘Best Ways to Retain Employees’ we outlined some of the ways you might retain your staff, and here we will be continuing this discussion.
It might seem natural in times of economic pressure or if you’re understaffed, to ask your existing employees to take on extra work. This could mean asking your employees to work late or even work over the weekend. Obviously, this should be avoided if possible, but it’s understandable that it can sometimes be impossible to avoid. However, a good work/life balance is paramount to the happiness of your staff. You should try to spread this work out so it’s not always the same person being asked to pick up the slack. Encourage employees to take their full lunch break and organise social outings to promote teamwork and friendships. These social outings allow your employees to create more meaningful relationships with their colleagues, and also helps them to feel valued. This serves the dual benefit of encouraging team co-operation and stopping your employees from feeling like all they ever do is work. You can find some useful ideas and/or suggestions for social events and team building activities that you can do in Ireland in our Events PDF below.
Lack of Recognition or Feedback:
Making your staff feel valued is one of the most important things you can do with regards to employee retention. Give credit where credit is due; and give constructive feedback on how employees can improve. Positive feedback is important; people want to feel that their hard work is being recognised. Another way to make your staff feel valued and keep them from feeling overworked, is to invest in staff wellness days and activities, and performance rewards. Adults need recognition. A reward scheme for when employees do particularly well is a great way to achieve this and can be applied to most industries. If your employee gives excellent customer service, goes above and beyond expectations, or if your employee completes a particularly difficult or large project; they definitely deserve recognition, and a reward scheme is a good way to give them that. Fun activities and company social activities are also a great way to reward staff and allow them to unwind. Find some ideas for different activities in our guide below.
Now that you know why this is happening and how to fix it, all you need now is the resources to help you. Take a look at our employee retention guide and get some inspiration for engaging activities for you and your staff. We've covered both social and professional events, so you can save time researching and go ahead and book it! Don't be deterred by the prices, instead, think of these opportunities as investments for your business. Pay attention to your employees, and in return they will pay attention to you and your business. After finding out all the ways you can best retain your employees you may be wondering how to fund your new strategy. We suggest some ways in which you might fund these endeavours in our article 'How To Finance Your Employee Retention Methods'.