how to reduce employee turnover
DESCRIPTION
Learn the methods of how to reduce employee turnover and continue to grow your company.TRANSCRIPT
HOWTO
R E D U C E
EMPLOYEETURNOVER
HIRE THE RIGHT PEOPLE
When hiring, make sure that the candidates who are interviewed not only possess exceptional work ethic, office knowledge, and skills, but that their personality seems to mesh well with your office’s unique culture.
F L E X i B i L i T Y
• Consider telecommuting, offering onsite backup days, and compressed schedules.
• Let employees take breaks for sunshine; time outside keeps employees reenergized for work
COMPETITIVE SALARY & BENEFITS• Work with HR to compile data
on today’s industry packages–Review salary and benefits at least annually. Have HR keep track of trends in the marketplace.
BOLSTER EMPLOYEES’
ENGAGEMENTEmployees need: –Social interaction –A rewarding environment–A challenging position
SOCIAL INTERACTIO
N• Treat employees members of a real team
• Include employees in meetings, where goals and visions are set. Have a dry erase boards where employees can share their best ideas.
• Install peer recognition programs (i.e. monthly memos distinguishing individual employee achievements)
A REWARDING ENVIRONMENT
• “Awards, recognition and praise might just be the single most cost-effective way to maintain a happy, productive work force.” – The Wall Street Journal
• Simple acknowledgements, like thank you emails or even a post-it-note with a nice short message
A C H A L L E N G I N G POSITION • A position that challenges the
employee, promising him or her the potential to grow and achieve promotions
IN SUM: INCITE AN ENTHUSIASTIC OFFICE CULTURE
Don’t just leave your employees looking forward to five minute de-stress sessions
in the office break room. Have them looking beyond the
file cabinets, computer screens, mailing labels and
lists, and swarm of office products. Have them enjoy the company of their
coworkers!
THROW OFFICE
P A R T I E S “Seventy percent of respondents to a study commissioned by Seamless Corporate Accounts, an online food service company, said the gatherings are important to company morale, while 90 percent said they’d be disappointed if holiday parties were canceled.” –New York Post
SURPRISE EMPLOYEES
“Although appreciation can diminish over time, strive to do the unexpected--from handing out free Chicago Cubs tickets to spot bonuses at company meetings for excellence...Constantly surprising your employees will carry more momentum within your organization than one-off gifts.”- Jon Morris, Inc. Magazine
MAKE SURE THAT EMPLOYEES HAVE TIME FOR F U N“Summer weather is actually a real business opportunity. Team members and employees will appreciate the chance to get fresh air and sunlight and have some fun. The perception that such ‘frolicking’ will lead to a decrease in productivity is, in most cases, not backed up by research or reality. In fact, the opposite is true – fun increases productivity. Why do you think Google and Facebook have all of those scooters, foosball tables, and X Boxes? They know what we need to know – fun is serious business.” Steve Strauss, USA Today
Shoplet is the leading purely online office supply retailer. Founded in 1994, Shoplet is one of the original e-market places.
We specialize in office products, Ink and Toner Supplies, as well as Cleaning and Maintenance Equipment.
SOURCES• http://guides.wsj.com/management/r
ecruiting-hiring-and-firing/how-to-reduce-employee-turnover/
• http://www.nypost.com/p/news/business/jobs/office_party_on_vduTLm35td5KyqrXEXpUmM
• http://www.inc.com/jon-morris/make-your-office-a-fun-place-to-work.html