How to Retain Your Best Employees
Provide some small perks. Free bagels or lunch on Fridays, they’ll appreciate it and may be more likely to stick around.
Promote from within whenever possible. And give employees a clear path of advancement. Employees will become frustrated and may stop trying if they see no clear future for themselves at your company.
Flexible work. For many employees, this is the most attractive perk that any company can offer as flexible work gives them more of the work-life balance they need. And as a small business, you may be in the position to offer the most flexible work arrangements of anyone. Besides offering employees tailored work schedules, such as four day weeks or being able to leave early each day to pick up children in daycare, you may also be able to offer work from home or telecommuting options.
Create open communication between employees and management. Hold regular meetings in which employees can offer ideas and ask questions. Have an open-door policy that encourages employees to speak frankly with their managers without fear of repercussion.
Get managers involved. Require your managers to spend time coaching employees, helping good performers move to new positions and minimizing poor performance
Standup Desks. Sitting all day at work is terrible for you. Getting your employees a standup desk shows them that you care about their well-being and want them to be as energized and productive as possible.
Communicate your business’s mission. Feeling connected to the organization’s goals is one way to keep employees mentally and emotionally tied to your company.
Make sure employees know what you expect of them. It may seem basic, but often in small companies, employees have a wide breadth of responsibilities. If they don’t know exactly what their jobs entail and what you need from them, they can’t perform up to standard, and morale can begin to dip.
