Stop Your Employees Leaving Now By Doing This

Some turnover is good, since you should always want to inject some outside ideas and perspectives into your business,
 
But when it’s too high, or if you lose just a few employees with critical skillsets, it becomes an issue.
 
Because it’s a difficult job market for employers, making it hard to quickly fill open positions.
 
And turnover is expensive:

• According to Deloitte, the cost of one employee leaving can range from tens of thousands of dollars to 1.5-2X their annual salary.

 
So, how do you keep your employees from leaving?
 
𝙏𝙝𝙚 𝙖𝙣𝙨𝙬𝙚𝙧 𝙞𝙨 𝙩𝙤 𝙚𝙣𝙜𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙚𝙢𝙥𝙡𝙤𝙮𝙚𝙚𝙨 𝙖𝙣𝙙 𝙘𝙧𝙚𝙖𝙩𝙚 𝙖 𝙜𝙧𝙚𝙖𝙩 𝙘𝙪𝙡𝙩𝙪𝙧𝙚 𝙩𝙝𝙖𝙩 𝙣𝙤-𝙤𝙣𝙚 𝙬𝙖𝙣𝙩𝙨 𝙩𝙤 𝙡𝙚𝙖𝙫𝙚.
 
Therefore, if you haven’t taken specific steps to engage your employees, you are at risk of losing them.
 
There are some core, fundamental practices you need to put in place to engage employees, and create a great culture:

• Things that include recognition, transparent communication, and development opportunities, as well as caring leaders.
  
  
• Along with ensuring you have the right people in the right jobs, and meaningful work.

 
Because while great pay and benefits, flexible schedules and any number of nice-to-have perks are all of greater or lesser importance, they will not by themselves engage employees and make them want to stay.
 
And don’t forget your remote employees.
 
It’s critical to go out of your way to ensure they feel connected.
 
Since those day-to-day interactions that are so much easier when everyone is working at the same location, aren’t happening anymore.

So, start by training your managers on how to connect with- and have their remote employees feel included:

💠 Regular coffee-hour via Zoom; planned discussion topics – no controversial subjects
💠 Surprise days off – no contact from anyone that day, and no expectation that any calls or emails be responded to
💠 Some meetings with cameras on – but not every time
💠 Surprise “thank you” call – be specific
💠 Handwritten “thank you” card mailed – simple design – be specific.
 
Then start implementing the core practices like the ones mentioned above, based on what your employees tell you they most need.
 
It’s never too late to start, and engaging employees so that they decide to stay, will make a big difference.