Five Strategies to Prevent Your Best Employees from Walking Out the Door

A stellar team can help move your business in the right direction. As a small business owner, you know that finding and keeping the right staff is critical for daily and long-term success. 

But, how do you hold on to your people when America is amid a “great resignation” that affects small and large businesses? 

As the pandemic wanes and people start to evaluate their lives and careers against a new backdrop, you want to ensure that your employees decide to stay with you. Understanding why people leave jobs and knowing a few key retention strategies can help keep your best employees on board, even when the job market is sizzling hot.

 

Understand Why People Leave Jobs

People leave jobs for as many different reasons as there are jobs. As an employer, some of the transitions are expected and outside of your control. For example, an employee who finishes a degree may decide to move on to a job in her field of study. Sometimes people have new family obligations–or family commitments change–and they choose to scale back or increase work obligations. Likewise, sometimes interests just change or curiosity drives people to try new things. 

 

In these cases, there’s not much you can do as an employer. Generally, the best option is to thank the employee for her service and end the relationship positively. Doing so means you are poised to continue a good relationship with that person. In some cases, the employee may return to you later or suggest an equally great friend as a resource.

 

However, some resignations are closely linked to employer actions and policies. Many times, employers are blind to the things that frustrate employees. For example, a lack of day-to-day flexibility or a strict vacation policy might send some employees packing. Employees who feel under-appreciated or sense conflict in the ranks also may leave.

 

The key is to know which issues are within your sphere of influence and which are not. If the problem is one you can control, proactive planning can prevent resignations and keep your all-star staff on board. 

 

Communicate Clearly with Your Team Members

Like so many aspects of life, communication is the key to a productive working relationship. To know what matters to your employees, keep the lines of communication open. It may feel awkward, but a simple call every few weeks to ask your team members what’s working and what’s not working can go a long way toward enhanced communication.

 

When you call, express that you are open to feedback and changes based on what you hear. Take input from employees in stride. When an employee is brave enough to share her thoughts and frustrations with you, respect the courage it took to speak up. If the feedback hurts or is contrary to what you expected, take a deep breath and vow to consider it.

 

When team members share frustrations, ask them to suggest ways to address concerns they have. An employee with a concern often has a solution in mind, which relieves you from solving the problem. If you hear the same feedback from several employees, encourage them to form a committee to address the issue and bring potential solutions to you.

 

In some cases, employees just want to be heard and know that you care. Making the call and asking the questions is an excellent step in that direction.

 

Share Feedback

One way to show your team love is to provide feedback on the regular. No need to wait for a performance review to talk about skill development. When employees see that you have taken the time to notice their work, provide feedback, and suggest new ways to grow, they know you care and feel valued.

 

When you see an employee struggling, encouraging feedback can make a huge difference. Likewise, when you see an employee thriving, mention that to her. Finally, if you sense an employee is bored or restless, finding a growth opportunity can help provide a challenge that keeps her engaged and highlights possibilities for future opportunities.

 

Recognize, Recognize, Recognize

In the workplace, recognition can fuel your team through challenging projects and encourage them to keep up the excellent work. It also serves as a reminder that you see each employee and appreciate the work they are doing. 

 

Recognition can be as easy as a phone call or an email that says, “hey, I notice what a good job you are doing.” Another strategy is to thank people at the end of a workday or after a challenging meeting.

 

Recognition can also take additional forms. Having a wide range of recognition tools makes the practice easier for you. But, when you manage a team of remote workers, the traditional ways of thanking your team and showing appreciation may be more difficult. Team lunches, impromptu gatherings, or stops at the local cafe for a quick “well done” treat are tougher to pull off when your team is scattered all over the country. 

 

Check out this blog for tips to make recognition a habit and to find no and low-cost ways to recognize your team.

 

Keep Pay and Benefits Current 

At the end of the day, your employees are generally working to support families. So, keeping pay and benefits current is an essential factor in retaining staff. It’s easy to forget about pay adjustments when you are busy doing good work with a great team. But, if your employees have been receiving the same pay for a year or more, it’s time to do some research. Here’s how:

 

  • Ask around to find out what like-businesses are paying for similar jobs.
  • Inquire about benefit offerings, including vacation time and flexibility.
  • Compare the data you gathered to your pay structure.
  • Make adjustments as needed. 
  • Communicate the changes–and the thinking behind them–to your team.

 

Be open about pay and benefits as you talk to your team members. Explain the research you did and the cost pressures you are facing in discussing pay. If you can’t increase pay or change benefits, be open with your team about that and explore whether other forms of compensation might be mutually acceptable.

 

Be Flexible and Offer Flexibility

As the pandemic winds down, people (especially moms!) may need new and different types of schedules. Be open to looking at and discussing new options. Offering a little additional flexibility in the short term could help you retain a valuable staff member for years to come.

 

How Do You Retain Staff?

I’d love to hear your tricks for keeping staff on board. Drop me a line and share your best tips.

 

 

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Share the Love! Recognition is the Key to Happy Teams

People are like flowers. They bloom when they get attention. In the workplace, recognition often serves as the sun that helps feed your team and encourages them to keep up the excellent work. But, when you manage a team of remote workers, the traditional ways of thanking your team and showing appreciation may be more difficult. Team lunches, impromptu donut days, or stops at the coffee shop for a quick “well done” cup of joe are tougher to pull off when your team is scattered all over the country. 

So, what to do instead? Here are our tips for making appreciation part of your business’s culture and a list of suggestions to help you find the right tokens of your appreciation to share with your team.

 

Learn the Love Language of Your Employees

The first step is to do a little homework and find out what types of appreciation your employees find meaningful and what things don’t resonate–or worse, backfire. For example, some people love to hear their praises sung publicly. But, one person’s moment of glory can be a cringe-inducing experience for someone else. 

To find your team’s temperature, start by asking team members how they feel about recognition options as part of a regular conversation. Asking these questions may feel a little strange at first, but can be quite natural with practice. As you have meetings with each team member, casually ask about specific recognition preferences and file each person’s thoughts away for use later. 

Ask about specific options. For example, a team shout out, an afternoon off with pay, a spa gift card, a new chair–throw in whatever you are considering as part of your recognition plans to get a good sense. Also, ask each employee for ideas.

If that feels uncomfortable, another option is to send out a team survey asking each person to rank specific recognition options in terms of preference to get a pulse of what your team members genuinely appreciate. Include a write-in box so team members can contribute ideas, too. (If you take this route, consider sharing the survey results with your team so that everyone knows what matters to each other and recognition can become a team sport.)

As you are in the information-gathering stage, observe the way your employees recognize others. Do they start calls with a round of thank you’s? Are you often copied on notes where one team member praises another? These are clues about your current recognition culture. You may find that you want to build on it or head in another direction.

Finally, consider what makes the most sense for you. 

  • What’s your comfort level with recognition? Does it come naturally, or is it a muscle you need to build? 
  • What does your budget allow? If you don’t have a specific recognition budget, don’t worry. There are several ways to acknowledge good work and effort without spending money, and they are all appreciated. (See our ideas for recognizing your team below.)

Answering these questions will help you frame your thinking around recognition options for your team. Make a list of the ways you want to acknowledge others. 

 

Make Recognition a Practice

Now that you’ve done the research to determine what matters to you and your team and considered how you’d like to see a recognition culture grow for your business, it’s time to make a plan. Pick a few ideas from the list below and commit to sharing recognition at specific intervals. The right amount of recognition will vary based on your personality and team size. Find the right cadence and add the practice to your calendar. Don’t worry if it feels forced at first. It will get easier.

 

Ideas for Recognizing Your Team

First, let’s look at low and no-cost recognition ideas:

  • Say thank you often. It seems simple, but it’s easy to forget when you are in close contact with someone, and it goes a long way. Hand-written thank you cards, greeting cards, and emails are all effective. 
  • Start or end each team call with shout outs for good work.
  • Schedule quick one-on-one meetings with team members to share positive, encouraging feedback. When on these calls, make a point of not sharing constructive feedback or talking shop. Keep it to a few minutes of personal chit chat and a big helping of thanks.
  • Host a virtual award ceremony to recognize a great quarter or completion of a big project. Ask team members to present tributes to each other or serve as the MC who praises each person.
  • Praise your team via social media. You can use your business accounts, so all your customers see it, or you can add an endorsement of a person on LinkedIn.

If you have a small budget, want to recognize a significant contribution, or celebrate a milestone, here are some ideas to get the most bang for your buck.

  • Embrace the value of the surprise gift.
    • Send flowers for a job well done.
    • Treat the employee (or team) to lunch with a gift card to a local restaurant.
  • Personalize it! Order a personalized commemorative object, such as a nice pen, a plaque, or coffee mug, as a thank you for work on a specific project. 
  • Consider workplace perks as a thank you.
    • Offer increased flexibility.
    • Give the employee an unexpected afternoon off with pay.

If you have a bigger budget or just feel more comfortable using cash or gifts as a thank you, there are many options available.

  • A cash bonus is always welcome. Services like Zelle or PayPal can instantly deliver a cash boost as a thank you. Even a relatively modest amount of cash is welcome. Everyone enjoys finding an unexpected $25 deposit in their account.
  • Gift cards for travel are fun ways to say thank you. With a gift card, the size is not that important–it truly is the thought that matters. (Bonus idea: With travel difficult due to COVID-19, many people dream of their next vacation. Enlist a strategy of sharing travel-related gift cards as thank-you’s over the next few months to help your team see clear to a time when vacations and travel will once again be part of life. When they finally take the vacation, they’ll remember how you helped to make it possible.)  
  • If your team is home-based and you want to go big, consider using home office equipment as a thank you. Options include standing desks, comfortable chairs, or other office pieces that can make your team member more comfortable and productive each day.

 

What Do You Do?

Recognizing your team members goes a long way toward building an effective team and keeping people engaged. I’d love to hear more about how you acknowledge your team and the results you’ve seen.

 

 

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