How to keep your best employees
One of the hardest roles as a manager is learning how to find good employees and then finding a way to retain employees. The average employee will stay with a company for about 3-5 years. It will be difficult to learn how to retain employees, especially when times get tough and you need to start looking for different ways to scale down the amount of money you spend on payroll and other expenses.
Good employees can quickly turn into bad employees if you don't look for ways to challenge them and to keep employee morale high. It is understandable that your employees will start to get bored with their jobs after they have been there for a few years so you constantly need to look for ways to keep their spirits high and show them that they are truly valued by you and the company.
In order to retain employees and help them become good employees, follow these simple suggestions:
1. Learn the value of good management. Employee morale starts from the top and trickles down to the bottom. What are you doing to manage your employees and to keep them happy? No matter how great of a manager you may think you are, there is always going to be room for improvement and you need to be willing to grow and change. Ask your employees for feedback and have some thick skin as the feedback they give you may not always be favorable. You need to look for things that your employees that will make their jobs easier and to find out what they want.
2. Your attitude. One thing a manager needs to work on is their attitude. When you come in with a bad attitude, it will affect your employees. You must look for ways to improve your attitude, even if you cannot be happy all the time your employees need to see that you genuinely love your job and you would like to get the best out of your employees through positive encouragement.
3. Have fun. All work and no play will decrease employee morale and it will be difficult to retain employees. You need to take time to have fun with your employees. What can you do to have fun? Treat them to lunch, have pot-luck lunches, take them to the golf course or ball park for a half-day of work. Getting out of the office will help to increase employee morale and it will inspire your employees to work harder and they will value their job.
4. Give your employees freedom. While it is your job to manage your employees, don't look at every single detail of their job. Give them an assignment and give them a bit of freedom to use their own creativity. This is a great way to give your employees a challenge and to work hard on improving their skills.
5. Improve working conditions. Even if you don't have a lot of money, you can still improve working conditions through simple changes. Perhaps you can change the way a particular process works. Maybe you can save up to buy some refurbished computers or monitors that will allow employees to do their jobs better. Employees need positive working conditions in order to explore their creativity and to become productive employees.
6. Treat your employees with respect. One of the best ways to retain employees is to respect them. Even if you bring more experience to the table, each employee must be allowed to give suggestions and you need to listen to them. Be careful in the way you talk to your employees as some managers tend to talk down to employees without realizing it.