Recognition goes a long way in making employees feel valued. Regularly rewarding those who go above and beyond in their jobs lets them know you appreciate all their efforts. Consider holding a short monthly company-wide meeting to highlight the achievements of worthy staff members and present them with a meaningful reward.
Your top talent is motivated by achieving goals and seeing the results of their hard work. Therefore, it is important for you to clearly communicate the big picture of your company’s mission statement and the goals and strategy for how these will be achieved. Then, provide every employee with a set of goals they are expected to meet so they see how their work affects the business’s success. Finally, give regular updates to your staff on the goal progress of the business.
Your employees probably know their jobs better than you do, and they usually have ideas to make a product or procedure better or more efficient. Encourage this type of innovation by creating a method for your staff to submit those ideas to the leadership team. Then, provide recognition and a reward for any of those that are implemented.
Your shining stars generally don’t want to keep doing the same tasks for years. Often they have a career path in mind and jump at the chance to take on additional opportunities at work. When new leadership jobs open up, make sure to consider if one of your current staff is a great fit for the position. Nothing discourages your top talent more than not being considered for a promotion, especially if you hire someone from outside the company.
Technology makes it easy for most workers to do their jobs from any location at any time. Offering flexible work schedules and remote work is a big incentive in today’s workforce. Likewise, making it available to your top talent motivates them to stay in your employ.
Following these tips helps keep your best employees at your company for years to come. The return on investment they provide for your business is worth your efforts to retain them.
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