Employees want to feel appreciated, wanted
and feeling like they contributed and made a difference. According to studies more than 70% of
employees leave their direct managers, not the company. In order to retain your people there are two
key actions you can take.
Train your people. People feel valued when you provide training
for them. This investment pays huge
dividends as trained employees are much more productive, happier and tend to stay
at companies longer. Provide leadership,
management, sales, customer service, negotiation, people skills and other
training and you will see the investment pay for itself quickly. Invest in your people and they will invest in
you.
After training them, empower your people to
do the job. People that are empowered
feel that they are contributing, growing and making a difference. This is often worth more than monetary
rewards as people like accomplishments and empowerment is key to making this
happen.
Want to increase retention? Make it a goal to train and empower your
people.
John Waid
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