This month we have been discussing the various things you can do as an employer to retain quality employees with the goal of strengthening relationships and increasing levels of loyalty. Non-monetary benefits such as telecommuting are perks that many job seekers look for when applying for and accepting new positions. Another benefit that keeps many employed within an organization for the long haul is autonomy in work and recognition for a job well done.
Employee autonomy is proven to be beneficial for both the individual and the organization as a whole. Providing your employees with independence in their work lets them know that you have faith in their abilities to get the job done. Micromanaging every aspect of a project can be incredibly discouraging and can inhibit success and productivity, especially when you factor in differences in personalities and working styles.
Additionally, giving your employees appropriate levels of autonomy is beneficial for the employer in a number of ways. When employees have independence in their work, they are less likely to fall into the vicious cycle of boredom and discouragement which leads to lower levels of productivity. When those cycles are avoided, your employees will be more satisfied in their positions and more likely to assume more responsibilities and pride in their work.
When said job is not only completed, but completed in an exemplary manner, providing your employees with sufficient praise (both publicly and privately) does a lot to boost morale and encourage continued efforts. When individuals know that their work is appreciated and that they and their contributions to the company are valued, morale and confidence levels spike.
Remember that each employee works and operates differently, so provide each with suitable levels of management and autonomy depending on what will reap the best results for all parties involved. Allowing employees with the freedom to make decisions and manage their workloads, when managed appropriately, and delivering recognition and appreciation for successes and accomplishments will help you establish a workplace full of satisfied, engaged, long-term individuals.
The start of a new year provides employers with a fantastic opportunity to evaluate what is important to them as an organization. A common priority that is universal across various industries are productive and loyal employees. Without efficient employees, you aren’t likely to see the levels of profit and productivity that your organization strives to achieve. So how do you ensure low turnover and long-term employees?
Benefits. Now we aren’t talking about diamond-tier health care packages, or retirement programs that will ensure early retirement. While these benefits with a monetary focus are certainly important, employees are increasingly seeking work-life balance in their jobs which is a perk that can be surprisingly simple to implement and mutually beneficial.
Depending on what you can budget, there are countless benefits that you can offer your employees to help ensure loyalty, longevity, and productivity:
- Telecommuting and Flexible Schedules – A perk that is becoming more and more desired, particularly with younger generations in the workforce, the option to be a remote employee is something that doesn’t really cost your organization much on the backend, but can result in high levels of engagement and morale.
- Autonomy in Work and Recognition – Providing your employees with more independence in their work lets them know that you trust them to get the job done. When the job is not only completed, but done well on their end, sufficient praise and recognition does a lot to increase motivation and encourage continued efforts.
- Opportunities for Growth – When employees are engaged and committed, they always want to do their best to contribute to not only their individual position, but to the success of the organization as a whole. To keep that desire for continued commitment going strong, work with your employees to develop a plan to help them grow within your organization (e.g., mentoring, e-learning, or certifications/coursework).
Taking the time to meet your employees halfway by offering various incentives to keep them motivated and engaged can help reduce expensive turnover. When you factor in the various resources necessary in recruitment, it can certainly benefit your organization to invest in the retention and growth of quality employees. Follow along this month as we discuss in more detail the above options for incentives and perks.