How do you keep the right people in the right jobs while also acknowledging that employees are capitalists, too? I have some ideas for you. Why don’t you do some good old-fashioned HR for a change? I know, I know. That’s crazy. But you have access to assessments, talent management methodologies, workforce planning tools, and workforce optimization software.
5 ideas for keeping a happy workforce
Once you’ve crunched all the numbers and analyzed all the information at your fingertips, you’ll discover that mostly boils down to one thing – treating your employees better.
Here are five (5) ideas for building a happier workforce that will stay for the long haul:
- Money, money, money — This one is not rocket science; people are more likely to stay with employers that are willing to pay them handsomely. If you’re able to periodically give your workers raises, you will no doubt see a considerable uptick in retention.
- Additional budget improvements — Of course, paying your staff more isn’t the only way you can invest in your employees. Consider modifying the budget in other ways, like perhaps spending more on travel opportunities for your employees, or investing more deeply in training resources such as work injury prevention programs. Be creative.
- Revisiting the office environment — Some people might value the nature of their workspace. For example, can you afford to give more people legitimate offices instead of just cubicles? This is a surefire way to make people feel like their roles are more appreciated.
- Building a long-term plan — In the long run, people like to know where their careers are going. They like to have opportunities to acquire more skills and climb the corporate ladder. Is there a clear path toward career success carved out for your staff members? If not, consider making this a priority.
- A focus on recognition — Finally, people like to feel like they’re recognized by their employers. Showing a little bit of gratitude for your employees’ work is simple, cheap, easy, yet amazingly effective for building up retention among your ranks. You’d be amazed at how big an impact one basic “thank you!” card can have.