Every successful business owner will tell you that a large part of their success is due to their staff. Specifically, loyal staff.
Why? Replacing staff is time-consuming and costly, which affects the bottom line. Perhaps more importantly, loyal staff are generally happy staff. They are more likely to suggest improvements, will be more productive, and they create a happier working environment. This can help create a bond between colleagues and improve staff morale even more.
That can help you attract the best possible staff, which is great for your business.
The good news is, it’s possible to take a few simple steps to boost staff retention. Try the following six simple techniques:
1. Offer Free Beverages
This can seem like such a small thing, and it certainly won’t cost your business much. While it may be small, it’s appreciated.
We recommend you choose the best Arabica coffee and a similar high-quality tea. This shows your staff that you value them, and you want them to be comfortable at work.
Consider this. You’ve had a bad day, and you’re feeling pretty stressed. You head into the company kitchen and make yourself a drink while helping yourself to the free chocolate or crisps on offer.
You’re instantly going to feel better. That’s thanks to an employer who cares. It’s not surprising that you’ll work harder after.
2. Give Public Praise
Everyone likes to be recognised when they have done something well. Most people also like others to know they have done well, but don’t want to be the ones who tell everyone.
Employers can simply praise an employee at their workstation, letting them know how impressed they are with their performance. Done properly, other employees working next to the praised employee will hear the praise and ensure everyone in the business knows.
It shows all employees what is possible and has a surprisingly positive effect on morale.
3. Offer Training Opportunities
All employees want to feel valued and appreciated. You can do this by offering them something that shows you trust them and want them to be the best version of themselves possible.
That’s exactly what a training opportunity offers. Simply speak to your employee and either give them the training they need or find out how else you can support them.
You may be surprised at how effective this approach is.
4. Allow Remote Working
This has become an issue since COVID-19. Some businesses have found it hard to get people back to the office.
If you’re after happy, and therefore loyal, employees, you’re going to need to strike a balance. Allow remote working, but make sure they are in the workplace between certain times or a set number of days a week.
That allows the employee to shuffle their home life and stay organised while ensuring you still get the great team atmosphere, which builds loyalty.
5. Conduct Regular Job Reviews
This is a great way for employees to be honest and share what they are unhappy or uncomfortable with.
By making the review about them, you’re showing them you care and that they are important. If you then act on some of their comments, you’re building long-term loyalty.
Summing Up
Don’t worry if you don’t get it all right straight away. Keep talking to your staff, identify what they need, and you’re on the right track. The rest will come with time.