A high turnover rate hurts both your company’s bottom line and your brand’s reputation. That’s why in today’s post, we discuss four easy strategies to increase employee retention.
All these ideas are simple, easy to understand, and can be implemented at very little or no cost to your organization
1. Continuous Feedback
Increasing employee retention can be as simple as listening to your team.
What do your employees love about your company? Conversely, what aspects would they like to change? Take the time to ask these questions, and listen to your team with an open mind. The responses can help you not only increase employee retention but also improve the general performance of your business.
2. Encourage a Reasonable Work-Life Balance
If you drive your employees into the ground with endless demands, they may deliver in the short term, but you can rest assured they will start eyeing the exit.
Remember that your employees also have a personal life, and that they need to be well-rounded individuals in order to achieve their full potential. Some ways to promote a reasonable work-life balance among your employees include:
- Provide paid leaves
- Be flexible
- Offer remote working alternatives
- Encourage your employees to take breaks regularly
3. Recognize the Effort of Your Employees
Did you know that almost 50% of Americans quit their jobs because they feel unappreciated?
Needless to say, these figures put the importance of employee recognition into perspective. Recognizing the effort of your team creates a positive environment and can help you increase employee retention levels.
Here are some ideas to improve your employee recognition strategy:
- Give recognition promptly and regularly
- Offer both monetary and non-monetary incentives
- Surprise your team with lunches and other treats
- Make recognition, fun, meaningful, and personal
4. Use Background Screening
You may think of background screening as a tool that benefits employers primarily. The truth is that an effective background screening strategy brings benefits to all those involved with an organization, including executives, employees, clients, suppliers, and associates.
Thorough and efficient background screening helps improve employee retention because it sends a host of positive messages. It denotes that you care about quality and that you strive to create a safe, rewarding, and productive environment for everyone.
A prompt and professional background screening process changes your team’s perception of your organization by letting them know that they work for an employer for whom safety, compliance, and productivity are paramount.
Plexus Global: Background Screening Services in California
Plexus Global is a background screening company located in Riverside, California, serving organizations all over the U.S. and abroad.
Contact us today by telephone (844-516-1008), email (firstname.lastname@example.org), or through our social media accounts on Facebook, Twitter, and LinkedIn.