There are different ways to keep your employees happy without resorting to underhanded methods. This may sound counter-intuitive to employee incentives and benefits, but it’s true. The most engaged and best employees are motivated not only by money or perks but also by other factors.
How do you make a powerhouse team that will help you sustain your business? Here are some ways you can try.
Ensure Your Employees’ Engagement
No matter how diligent your HR team is in engaging your employees, the general global statistics don’t lie when it comes to your top talents or best employees. According to a study by the Harvard Business Review, one out of four top employees is often at risk for leaving or seeking greener pastures. You can counter this by keeping them engaged. Engagement should not just be a one-time thing. Make quarterly and semi-annual temperature checks on the enthusiasm of your top workers.
Promote a Feedback System
The best way to keep knowing your employees’ sentiments before they start building union groups is by having a non-threatening feedback system. Have an anonymous survey link or suggestions box that will allow employees to be honest and fearless. They should be able to speak their minds about things that they think will improve their employment experience and the overall environment of the company. It takes a village to raise a child, and similarly, it takes an entire community of employees to foster a healthy workplace.
Keep Trying New Things
Stop innovating, and you’ll stagnate. Keep your business flow right by keeping up to date with trends. Try some new things that can work or bring about functional changes to your company and employee handling. By way of example, successful businessman Jon Smith’s sub sandwich franchise did not just come out of the blue. He worked hard, maybe earned him some costs, and tried a lot of things first before he started to see a system that works.
Demonstrate Clear Growth Opportunities
Give your employees something to aspire career-wise. If they see their position as a dead-end job, they will treat it with much mediocrity. Keeping people passionate about their job involves giving them a continuous track of growth. Don’t forget to hire a competent HR team to help implement this. Some CEOs are good with their employees but don’t have a qualified HR team to express this goodness. Make sure that everything is consistent from top to bottom so that employees are not confused or getting mixed signals with the treatment they get from the senior management and their direct supervisors.
Propagate a Mission Statement
The importance of a mission statement in a company can never be understated. You don’t even need to pick up a Jim Collins business book to see that this is important. Even Forbes and other business publications often talk about this critical component to business success. Have a mission statement that binds all departments together. Whether they are working on making the sandwich or handling the finances, they are all part of a single team with a single mission.
Apart from these important methods, don’t forget to meet halfway wherever possible. Allow work from home incentives for some roles, provide consideration for parental leaves for new parent employees, and be a listening ear for employees in distress. These small things can go a long way in keeping employees happy and promoting your business as if it were their own.