Organizations
vie with each other for hiring the best minds and so, they invade top
colleges, universities and institutions. But do these hires stay long
in the organizations? The fact is a large number of these recruits
stay in the organizations for a short duration and start hopping
jobs. This means the job of the HR division does not stop with just
hiring. They must take all possible steps for retaining thesetalents.
Employees
nowadays focus on various other factors also in addition to getting
hefty paychecks. Let us have a look.
1.
Career path that is well defined
If
employees know that there is ample room for growth and that the
management will facilitate such a growth, they will be more loyal to
the organization. They will genuinely engage in the steps taken by
the company to grow. Therefore, the management should put in place a
clear-cut development plan for the career growth of employees. When
employees feel that their skills and work are valued, they will feel
empowered. They will also work hard to deserve the careerdevelopment.
2.
Keeping the employees motivated and engaged
Unless
the management team takes steps to keep the employees motivated and
engaged, they cannot achieve their business objectives. Engaged
employees will be enthusiastic in doing their work and so, their
productivity will be very good. They may not hesitate to travel the
extra distance for helping the organization grow. This means
organizations should put in place the best practices for engaging the
employees. But unfortunately, most of the companies focus only on the
measuring the performance of employees rather than adopting the best
practices for engaging employees.
3.
Work-life balance
Employers
should help employees have a proper work-life balance. Of course, job
demands are increasing and so are personal goals. Due to this,
employees may tend to over-work. This is certain to lead to fatigue
and therefore, instead of coming out with increased productivity,
their performance will dip. Hence, employers should encourage
employees to adopt suitable time management techniques. They should
also encourage them to pursue activities or hobbies in which they are
interested. But at the same time, these activities should not be
allowed to hamper their working.
Not
only that, employees should be encouraged to do suitable cardio
exercises so they can get a good supply of oxygen. This will help
them overcome their fatigue. Employers should also encourage
employees for setting what is known as "Me-Time" so they
can spend quality time with their family or for following their
passion.
4.
Recognition
Bosses
in general do not miss chances to find fault with employees or to
point out when the performance of an employee dips. But many bosses
fail to appreciate when an employee does a good job. If employees are
appreciated for their performance, they will get motivated. This will
give a boost to their confidence and they will willingly engage
themselves in the efforts of the management in uplifting the company.
5.
Collaboration and accessibility
In
many organizations, the top management remains "invisible."
In other words, employees may not be able to access them. If
employees are allowed to collaborate with the top managers, their
trust in the system will improve.
6.
Fair reviews
Reviews
should be fair which means that they should be objective. Employers
can think of having a committee for reviewing the performance of
employees so subjectivity and bias are greatly reduced in the
reviewing process. In fact, reviews should be key milestones in the
career of an employee. The focus should be on the key achievements
made by the employee, her strengths as well as development areas. A
lot of scope should be made available for discussion at the time of
reviewing.
In
short, employees' loyalty goes beyond paychecks. Employers should
therefore figure out how to engage employees so they will actively
participate in the process of the growth of the company.
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