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StrategyDriven Talent Management Article

Top Ways to Retain Employees

StrategyDriven Talent Management ArticleWhether you’re the manager of your department or the CEO of a company, it’s so important to make sure you retain the attention and engagement of your employees. When your employees go through the hiring process, they’ve proven themselves to be the best men and women for the jobs your company offers. In order for the company to do well, there needs to be a level of continuity and consistency in the workflow. One of the best ways to make sure this happens is through retaining top talent. There are a few strategies to implement in order to make sure your company holds on to its best employees and attracts more awesome and talented employees in the future.

1. Mentorship
Partner new team members with more experienced employees. It’s so important to foster an environment of mentorship. The experienced employees can teach the newer ones the ropes of the company. There’s also a level of openness regarding how to improve and facilitate a better workflow. When the company implements a mentorship system within the workplace, it takes away the vibes of competition and backbiting. Everyone is in the room with the same goal: to make the company more money and win. When everyone is on one accord, the results can be truly divine.

2. Ownership
Take note of the strengths of your employees. If they’re not already exercising them in some way, give them opportunities to thrive. Sure, there is a level of initiative employees need to take. However, as the leader, it’s important for you to make it clear that you’re open to your employees taking on new roles, growing and improving company strategies. There are many employees that have lots of ideas, but have bosses with large egos. Don’t let ego get in the way of an employee’s ability to offer more to the company.

3. Gold Stars/Incentives
Money is a major motivator, but it’s not the only one. Bonuses are amazing for helping employees stick around. An upgrade to the company benefits package, weekly lunches and telecommuting are a few of the tricks to get good employees to stick around. If the work environment is conducive to their personal and professional happiness in a very tangible way, it’ll be hard to get them to leave.

4. Accountability
It can be really detrimental to a company when an employee decides to quit abruptly. If they’re a major part of the team, their presence is essential. Design an environment where members of the team are able to check in with one another and remain accountable to each other. This will foster a level of transparency. If a person is deeply unhappy in their work, that’ll come across when they interact with other employees. Keeping one another accountable will help the company become stronger as they’ve been bonded together.

These are a few of the best ways to make sure your company holds on to the best of the best. As you progress and tweak the process, keep an ear to the ground. You’ll want feedback to learn how you can improve as the head of the team. As you gain advice, listen to it and implement the most effective practices. A company doesn’t become a well-oiled machine overnight. In many cases, it takes years of mistakes and fine-tuning. Lean in and embrace the process because the company will be better as a result of it.