As an employer, you may certain employees that always go above and beyond. The put in a little mroe effort, they work well on their own and in a team, they grab any challenge and opportunity, and they rarely complain. These are the kinds of employees you want to keep with you for as long as possible.
The thing is, many employees, especially millennials, don't tend to stay too long at one job before deciding to move on. To keep these employees, you're going to have to earn their trust and loyalty. Here are a few ways to do that.
Offer benefits they won’t find elsewhere
Offering medical aid and pension contributions is something not many companies do these days and it may be difficult for you to afford. However, there are other benefits that attract workers and these don’t cost a lot of money. Letting employees work their own hours or work from home is something that is appreciated by many people. Even if you only allow them to work remotely for five days out of a month, it’s something. Of course, you need to make sure people are responsible and don’t abuse the system. Remote working and flexible hours is a great way to hold onto employees.
Give them praise
Make sure they know they’re doing a good job. This doesn’t mean the odd pat on the back or constantly inflating their ego. This means that when they do a particularly good job, you recognise it. And you should do it publicly. Although nobody wants to admit it, they want others to know they’re doing a good job as well. So don’t keep it quiet. Praise may also motivate them to keep working harder and performing better - this is great for them and you.
Reward hard work
If someone completes an incredibly difficult project in a record amount of time, you may want to throw a little party when everything is finished. And if someone works excessive overtime to complete a task because you’re under-staffed, then give that person some time off. Finally, if an employee is bringing in big business or producing exceptional work, consider giving them a cash bonus.
Give them the opportunity to improve
If they want to acquire more skills, send them on short courses. If they want to know more about a certain subject, like agricultural finance, then take the time to talk to them about it. Don’t let them get bored. They need to feel like they’re getting better at their job, learning new things and constantly growing and evolving. If they remain stagnant and do the same thing everyday, they may be tempted to leave for a job that offers them a challenge.
Good employees are difficult to find, so when you find one, you should make sure that you do the best you can to keep them working for you.