In an age of economic uncertainty and baby boomers reaching retirement age, it is becoming more important for employers to retain their quality employees. These tips can help you keep those star performers with your company.
- Be clear and fair. Employees should have understandable job descriptions and duties and know what is expected of them from day to day. In pay raises, treatment, and opportunities, it is very important to be fair to all employees. Give employees the tools, training, and time necessary to do their jobs well. Do not over or under work employees.
- Supervise Wisely. Employees often leave supervisors; not jobs. Use a supervisor who regularly gives feedback to employees on performance, earning potential, expectations, and success. Many employees feel that senior management never notices them. Employees should communicate with their immediate supervisors, but also with senior supervisors over their skills, knowledge, and talents. Create an environment in which employees can feel free to critique current methods and collaborate with supervisors for solutions.
- Appreciate and reward. Never threaten an employee’s pay, position, or job security. Make sure employees feel appreciated for their work. This can be done through pay raises, bonuses, gifts, and celebrations for meeting a goal. But also important is the everyday recognition that comes through simply saying “thank you” or sending an email to senior management detailing an employee’s great work.