In recent years, workplace loyalty has taken a backseat as millennial workers constantly weigh up their options, moving jobs every two-three years. So, what can businesses do to make their organization a place that people want to work?
Of course, they can offer a good salary, paid holiday, medical insurance and a pension plan to start with, but they can also concentrate their efforts on creating a work environment that people enjoy being in. Job satisfaction is key to retaining staff and their talent. Job satisfaction occurs when staff feel:
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Appreciated
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Respected
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Involved
Create a safe and comfortable work environment
So much time is spent working, that if you provide a safe and comfortable work environment, not only are employees more productive, but you are demonstrating that you respect them too.
You have a legal obligation to keep your employees safe and to have liability insurance for employers to recompense them in the worst-case scenario. Liability insurance is important for your employees’ protection, but also for yours too. As Hiscox point out, businesses without the right level of cover for their staff will face fines every day until the correct insurance is put in place.
Make employees feel valued
While employees are a company’s best asset, they don’t want to feel like one! Your employees should feel like they are valued within your business and not just an essential overhead. It can be as simple as greeting them by name, chatting to them about projects that they are working on, or asking their opinion on topics. Taking the time to be personable with your staff makes them feel valued and an important member of the team.
Develop an honest and open work environment
Praising employees for work well done makes them feel valued, but what is often overlooked is the ability for employees to be able to voice any concerns or issues that they want to raise. An open work environment makes communication a two-way street. There will be aspects of their roles that you do not have intimate knowledge of, and you may be impressed by what you hear! Be open to suggestions and ideas and take on board any recommendations and solutions that employees may propose.
Revisit the recruitment process
Growing the right team of employees to serve and grow your business takes time. If you have a high turnover of staff, you need to address the workplace culture that exists in your business, but you should also reconsider the focus of your recruitment process. Recruiting employees is not an easy task, you have set duties that they must be able to perform, but you should also think about how the candidate’s personality will fit in with your organization – skills can be taught, but personality is innate.
With the right team behind you, your business can thrive. While your employees are there to fulfil work obligations, they need to feel satisfied and valued while working for your organization. A happy workforce is a loyal workforce and one that works efficiently and productively to help you achieve your business goals.