Paying employees more than anyone else does not always retain employees. High job satisfaction is usually the number one thing that keep your employees loyal to the company. Retaining employees is a critical component of company success. It is good for the bottom line and means you are creating and building a firm foundation for the future of your company. Besides recruiting the best people for your company, you also have to nurture and engage your talent to stop them from leaving. You certainly don’t want to spend your time and effort training people who will leave the job after a few months!
Show Them Opportunities
If employees feel as though they have hit a wall or don’t see a future within the company, they will look for better opportunities elsewhere. If you enable them to acquire more skills and progress in their careers, they are far more likely to remain loyal.
Career Development
Prospects and mentor-ship are attractive to the most talented employees. They would rather stay at a company offering them this than go to another company offering them a higher salary. One way to encourage them to keep progressing is to make it easier for them to study and do assignments. You can reimburse tuition fees and give them paid study leave before exams.
Clear Communication
Benefits such as clear and frequent communication of company happenings, individual and department direction and big-picture company direction make all the difference in employee happiness. The best benefit you can provide to your employees is the opportunity to make a difference through their work and help guide the course of the company.
Vacation Time
Employers that offer generous paid off-time are more successful. Employees appreciate a possibility to take a break. Many employees value this more than a higher salary! These employees are your superstars, so you can be confident they will get their work done as well as enjoy a few extra days of time off with family and friends.
Show Appreciation
Find ways to show appreciation each week. Your people want to hear from those in management about how they are doing. Little compliments go a long way. Events such as coffee and smoothie breaks for the who group or different teams is a great way to step back for a moment and appreciate a win or just to say thank you for their consistent effort.
Transparency
In more than one study, employees indicated that company transparency was the number-one factor in determining their workplace happiness. And why not? Transparency fosters trust, and trust is important for the health of every relationship under the sun.Building happiness and engagement through transparency means updating the entire company, regularly, on strategies and current events. Sharing your vision for the future helps everybody feel like a more vital part of the team, with a deeper connection to the work.
Career Path
Providing developmental support, such as training opportunities to employees . It is critical for businesses to have regular career planning discussions with their employees. Make sure all employees are aware of the types of career paths offered throughout your company.
Public Recognition
A public recognition is more powerful than a private one. You don’t have to put up a stage with flowers and stereo sound system every time, of course. But a compliment in public is far better at boosting one’s esteem than the same one sent via an email or even 1-on-1. Have a Wall of Fame with photos of your go-getters. provide a group lunch, reserve a prime parking space or change a title.
Offer Benefits Beyond The Basics
There are many ways to supplement salary by assisting employees in other areas of their lives. Offering benefits such as wellness incentives, expanded holidays, personal leave options and employee recognition programs in addition to 401(k) plans and health care benefits., it is the unconventional perks that keep employees. Those extra perks say “You’re working for people that care about you,” “These are people who know you and your family members. They care about any situation you’re dealing with.” That is usually more important to most employees than a salary increase.
Please keep Valet Coffee in mind when you are planning your next Cincinnati / Northern Kentucky partner, client, or employee appreciation event!
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About Valet Coffee
Valet Coffee is a full service, mobile espresso and smoothie bar. It’s a unique way to impress customers, appreciate employees and kick up any special event to the next level. Our professional baristas will bring the taste and feel of an authentic European coffee house. We do all the work, all you have to do is entertain. Valet Coffee’s mobile espresso and smoothie bars are one of Greater Cincinnati’s best marketing tools.
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