There is a higher turnover rate in the market now. Employees are becoming less engaged and are constantly looking out for something better – Be it better prospects or because of poor management.
There is an increasing need to retain good employees and to understand what the employees are looking for. These are some tips to improve your retention rate.
COMMUNICATION
The more communication there is, the better. It is one of the simplest form of engagement and employees would feel that they are valued and matter to the Company when the management takes some time off their busy schedule to have the meet up with them. When there is frequent feedback, employees are clearer on their roles and accountability, and can understand how they are performing.
Communication can also be in the form of outside work, when a manager care about their personal matters as well. The personal touch is what employees really value.
FOCUS ON STRENGTHS
Generally, people want to feel good at what they do. They want to feel that they are being valued. Mangers who emphasize on employee strength instead of their improvements help employees build confidence and this enhances productivity at the work place.