Points to Consider
Now that you have found the right workers for your business it is up to you to devise a plan to keep them. Turnover can be very costly to a small to medium sized business.
Keeping workers doesn't just happen. It requires a planned approach to finding out what is important to the people who are working for you. In order to devise a good plan you need to consider these important points.
- Know why some employees came to work for you and why others didn't.
- Determine things you can build upon.
- Identify what needs improvement.
- Know why employees are staying with your company.
- Use formal and informal conversation to find out what is working right.
- Respond with action or an explanation as to why things cannot be changed.
- Know why employees are leaving.
- Keep records and look for patterns.
- Anticipate any changes in the workplace that might cause employees to leave.
- Consider the effects mergers, restructuring, changes in technology or change in location might have on workers.
- Take steps to minimize the effect on workers.
- Determine if personal issues might be causing employees to leave, for example, negative interaction with a supervisor, poor performance review, friends leaving, etc.
- Know what options you have.
- Consider a variety of ways to keep employees.
- Consult with employees for suggestions and insights.
- Consult with other businesses or employer organizations as to what is working for them.
- Collect information that will help you analyze the results of your strategies.
- Evaluate if your strategies are working to keep employees.
- Set timelines and goals.
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