Four steps to increasing employee tenure
As a businessman you always want a good employee to stay at your company for a long time. as we know that having great product knowledge in employees will lead your company to reach on top. However, those eras have gone when the employee would stay at a company for their whole life. according to global studies and so many reports have shown that salary workers stay at a company 3 to 4 years. The reason could be anything.
Some result has shown that employees change job due to high stress, unfavorable working condition, monotony, and many other reasons like that. As we know that lengthier tenure is wishful quality to have. Here I am going to help you take four steps, it will increases employees tenures
Celebrate positive experience
As we work in an organization or any small company, what if we don’t get reorganization, it would be harsh. As an employee, they remember experiences either negative or positive. However, if we talk about all those kinds of stuff which they have done by being in an organization, nobody tells you everything.
Suppose that you have 10 years of experience in some specific area that you have spent time in a big company. if I tell you, tell me about your 10 years ago experience, what would you like to tell me? I’m sure, you want to tell that when your decision got to succeed how your colleague and your boss used to treat you or how your boss used to make you feel special all the time.
As an organization owner, you want employees to stay at your organization, then you should give them reorganization and celebrate the positive experience. Also, I want to clarify that just distributing expensive gift, or giving the party, it is not called a positive experience celebration.
It means, how much you care about them. You just asking about some questions like how is your energy today, are feeling comfortable, how is your weekend. Believe me, once any organization brings this culture, I am a hundred presents sure, they are going to love it. remember you forever.
Balance talent magnets
Millennials have revolutionary ideas they like to share it and create something new to impact on the world. If this kind of employees working at your organization. It means they have the ability to take your organization to the next level. As a businessman, you are building a product for a large purpose. And if you are giving the opportunity to be part of the big project, they love it because everyone wants to achieve something big.
Also, you need to clarify the reason for existence and tell them, once the mission accomplishes what the situation looks like. It also important, the organization should influence employees by showing the success story of your company and make them know the value of employees.
In this way, employees will have a different opinion about your company. they will believe that is the only palace where I can make my dream come true. As you have may have heard before by someone, “this is the coolest company I have ever seen in my life.” have you ever thought why someone says that, well, because they know how to treat people and the importance of employees.
Know what makes each team member thrive
Any organization should know what makes employees thrive. As an organization member, we priorities and focus on company needs, which is good for the company. but as a member of the company you should know how to thrive your own employees here are some common things you can make the team thrive like giving direct honest feedback when they become upset to motivate them by saying keep going, don’t micromanage, it means to give them full opportunities do it on their own.
Also, make them clear what is exactly going to do. as you know that employees just don’t only have a professional job but also, they have a personal life, sometimes their life get up and down. So, if they arrive at the company, all members should cheer them up. In this way, they will feel happy and deliver you a great job.
Be prepared, now you can say why should I prepare myself? Well, as human beings people make mistake if they acknowledge, you have to forgive them. So, if any employee makes a mistake, you have to tell them politely this isn’t a good idea. you have to fix yourself to do the work.
Give flexible work option and prioritized internal recruiting
Those days have gone when employees come to the company and stick with the organization’s chair for a day. However, now it is impossible because they like to work as a freelance. So, if you want employees to engage with your organization, you should give a flexible work option. In this way, you will make them comfortable. by being comfortable, your employees bring an idea to your company. A global report has shown that around 24% people are working by sitting at home. This opportunity is raising day by day.
One of the most important things which I haven’t motioned before, it is called giving high designation. If employees are being loyal to the company for a long time and improving productivity. It means you have to give them prioritize instead of hiring outside people for the post.
Here are some benefits you get by hiring internal employees, like you don’t need to introduce internal candidate to your company employees which mean they will only focus on work, you can improve the salary 20 to 24 percent by promoting them, however, if you are hiring external candidate, you have to spend a lot of time and money on them to find actually good one and many others. when your earlier employee is taking new designation, give them warm welcome. This moment will never ever forget your employees.
Overall, I want to say that just being honest with each other you can increase tenure.
