Surprising though it may be, most businesses these days do not have employee retention strategies in place. Here are a few tips to get you thinking about how to plan the long-term growth of your workforce — and your business as a whole.
Orientation
It’s vitally important for businesses to have a good system in place to introduce new employees to the workforce. A comprehensive orientation program can help new hires transition smoothly into the workforce, and assuage not only their concerns about their new role, but their co-workers and peers as well.
Interviews
Prospective hire interviews are important — but they can be useful for the employees you already have. Conduct “stay” interviews to assess your employees’ happiness, frustrations, goals, and more. This can help you strategize long-term, and help your employee strengthen their positions.
Incentives
Offering incentives to employees based on their output or success can be tricky, but done correctly, it can energize your workforce and encourage a healthy sense of competition. Think creatively about the kinds of things you can offer as incentives — not just cash rewards, but added workplace perks like parking spaces or extra days off as well.