The Global workforce is going through what is termed “the Great Resignation”. Employees are resigning all over in masses over the last couple of years. The US Bureau of Labour says in America alone, the resignation rates in America crossed the previous record in September 2022 when more than 4.4 Million employees resigned from their jobs. Although there are many other factors involved, according to the experts, the Pandemic encouraged employees to finally do what they have been thinking for a long time. It let the employees shift their priorities and look after themselves first. It means if an employer wants to retain their employees, they have to invest in them first. So here are some tips that will help you keep your employees happy and your workplace functional.
Flexible Working Hours
Today, the first thing someone looks for while applying for a new job is a better work-life balance. An organization that provides flexible working hours to its employees is the perfect solution. It will help your employees look after their responsibilities at home and work as well. Four day work week is the latest trend to offer the employees the much deserved time off.
Fair Compensation
You must always look and be fair to your employees when it comes to monetary compensation. The main reason an employee joins your workforce is so that they can pay their bills and feed themselves and their families. If he is unable to fulfill these basic needs, sure enough, he will take his skills to some other place. This will not only mean that you lost an employee, but you will lose an employee who was ready to work hard. All you need is to compensate them fairly.
Celebrate Individual Success
You must not wait for the annual functions to reward your employees who have been performing well from the beginning of the fiscal year. Acknowledge their milestones. Call for a team meeting and thank them or appreciate them in front of everyone. It makes them feel valued and appreciated as well. It will motivate them to work harder in the future. Also, you can even gift them something based on their liking. For example, an annual gym membership for someone who is very conscious about their health or S.T. Dupont Lighter for one who is passionate about cigars would make for a perfect gift. It will also help to build a personal connection which will in turn benefit both of you.
Growth Opportunities
Investing in your employees’ personal growth and mapping out opportunities for them to increase their skills simply shows your investment in your employees. Offering them chances to learn new things such as online courses and access to resources will help them develop expertise in other fields as well. It will help them perform better at your organization.
Focus on Employee’s Mental Health
Positive mental health is the key to a productive and engaged work environment. Offer incentives such as a yoga club membership or counseling services. It will help them stay mentally focused and creative enough to complete their responsibilities.
Conclusion
A happy employee means a happy and healthy organization. An employee gives their all for their workplace without expecting anything in return. With these tips, you can keep your employees healthy and happy.
