No matter what you do, you’re going to have employees leave your company. It’s inevitable. Sometimes, there’s absolutely nothing you can do about it. Some employees may have issues beyond your control, like illness, retirement, or family matters. When an employee leaves for a reason such as these, there’s nothing you could have done differently to convince them to stay.
However, some employees leave for reasons that you can control. If you find that you have a high employee turnover, it may be time to look into doing something about it. If potential employees hear that your company has a high turnover rate, they may see it as a sign that your organization has some problems. Before that can happen, implement a few of these innovative ideas to help lower your turnover rate.
Being flexible involves more than just giving your employees time off when they need it or allowing them to work from home every now and then. It also means being flexible with your employee’s duties and listening to their feedback about office protocol. Employees are more productive when they’re able to meet their needs while still working. Would you rather have an employee who doesn’t work at all for a week or one who works from home for a week? This flexibility is vital to reducing turnover, especially among millennials. These younger workers love having flexibility in their work schedule, and older employees are sure to appreciate it, too.
Engage Your Employees
Do you actively engage your employees, or do you rarely speak to them? By engaging your employees on a daily basis, you’ll find that they remain interested in their work. Keeping everyone involved gives each employee a feeling of ownership and of being appreciated. If you show that you care about your employees and make them feel that they are important to the company, they will have more of a reason to work hard. Engaged employees are more creative, participate more, and are more confident in their ideas and their work. They’re likely to stay with the company because they’re valued.
Know your Employees’ Job Needs
Do you know what your employees want out of their job? If you don’t know what their expectations are, how can you meet them? Employees who find that the work they’re doing isn’t what they expected when they applied for the job may decide to look for work elsewhere. Those who have responsibilities that they don’t particularly want, understand, or are good at are also likely to look for other work.
This doesn’t mean you restructure every job so that the employee only has to do what he or she wants to do. Rather, it means you work with the employee to find them tasks that interest them and that play to their strengths. Everyone knows that they will have to do some work that they dislike or that they don’t want to do. If that’s all an employee has, though, they’re quickly going to get burnt out on the work. Balancing the basic tasks that must be done with interesting projects that give employees something to really excel at is the key to balancing their needs and engaging them.
Help Your Employees Balance their Work and Home Life
Employees who feel as if their job is demanding more time and focus than their home life may begin to get burnt out. No one wants to feel as if their job always has to come first. If you notice employees who see irritable more often than not or who have less enthusiasm and energy, talk to them about it. It may be something completely non-work related. If that’s the case, see if you can be flexible with their working arrangements.
If, though, it’s because they’re feeling burnt out and stressed because of work, it may be because there’s no balance to their work and their home life. You may need to reassign a project or two, or you may simply need to talk to the employee about taking a few days off. Some people are workaholics and never want to take a vacation day even when they need the break.
Host Company Events and Outings
Sometimes, it’s best to get your employees out of the office and give them a change to bond in a more relaxed atmosphere. Company events do just that. These events can focus more on relaxing and socializing, such as having a company picnic or holiday party. On the other hand, they can also focus more on developing professional skills and knowledge. You can combine both of these activities into one event, too. Having a banquet followed up with professional after dinner speakers, for example, gives your team a chance to get to know each other outside of the office before learning something new. These speakers can even help your employees feel more motivated and energized at work, giving them a reason to stay.
Socializing between coworkers was once considered something that shouldn’t be encouraged, especially in the office during work hours. Today, though, professional psychologists have stated that workplace friendships help to lower stress and make people feel more like a team. Both of these factors can lower employee turnover and help employees work together more efficiently.
Challenge Your Employees
In addition to wanting to be engaged and valued, employees want to be challenged. Those who do the same tasks over and over are going to get burnt out and feel as if they’re wasting their talents. The same goes for employees who are given easy work all the time. They may find it nice not to have to really work hard, but after a while, they’re going to feel like they’re not getting to use their skills and education. Employees who are challenged every now and then feel as if their knowledge is being recognized. They’re being given a chance to shine, and for many, it’s a chance to really show everyone what they can do.