4 Tips to Retain Your Top Employees
Posted August 1st, 2019
If you have one (or many) top performers on your team, you understand the importance of retention. Losing your best and brightest to a competitor could be detrimental to your company’s success, harming morale, hindering productivity, and making a candidate search an unexpected necessity.
Luckily, there are things you can do to bolster retention, ensuring you most talents employees remain on staff. Here are four tips that can help you retain your top employees.
1. Build Relationships
It is common knowledge that most professionals don’t quit their jobs; they quit their bosses. By working on building meaningful and positive relationships with your staff, you can increase the odds that they’ll stick around for the long-term.
While you don’t necessarily need to be friends with your employees, you do need to be friendly. Additionally, be honest when you share information and accountable for your actions. Make sure you strive to exceed expectations in your work, holding them to the same standard you set for them as well, as this helps you function as more than just a manager, but a true leader.
2. Help Them Achieve Their Goals
Most professionals have aspirations beyond their current job. If you can play an active role in assisting them with achieving their goals, you can increase their level of job satisfaction and their overall sense of loyalty.
Provide them with access to professional development opportunities. Give them challenges that keep them engaged and let them acquire new skills. Help them craft a career plan that allows them to advance within the company. By assisting them with their goals and creating clear pathways for advancement, you can improve retention.
3. Make the Work Meaningful
Highly engaged employees don’t just work for a paycheck. Instead, they find a deeper meaning in their work, making their roles more rewarding.
By showcasing the connection between a top talent’s efforts and a broader company mission (beyond profitability), you can make their tasks more meaningful. This makes their job more intrinsically rewarding, increasing morale, job satisfaction, and productivity.
4. Don’t Neglect Your Culture
Having a great employee experience can go a long way if you want to improve retention. Usually, this involves developing a supportive and inclusive culture, making your company a place where people want to work.
Highly skilled professionals nearly always have options when it comes to employment. If they have in-demand skills, they can likely find a new position with a competitor with relative ease. That means, if you neglect your company’s culture, they might be headed toward greener pastures faster than you’d think.
In contrast, with a great company culture, you can become an employer of choice. Professionals are more likely to stay with organizations that they enjoy working for, and your culture plays a big role in that perception.
Crafting a winning company culture does take time and effort. But, if retaining your best employees is a priority, it is worth it in the end.
If you’d like to learn more about how you can retain your top employees, the team at Bayside Solutions can help. Contact us to speak with one of our knowledgeable staff members today and see how our employee retention expertise can benefit you.
