Keeping top talent inside of the business is very important. It can often prove challenging to continually restart with new employees every few months or so. This results in a massive drop off in productivity, not only while the position remains empty, but while the new employee is trained and while someone is required to move away from their own work to help train the individual If you are a business owner, how should you go about improving this and assisting employees with their overall quality of work? You need to make sure they are happy. Happy employees who feel appreciated are less likely to leave work for any reason. While potential advancements may arise in other businesses, you never want lateral movement. This is where someone moves from your company to another company to take the exact same job. This is where Darius Fisher steps in and shows how you can improve your relationship with employees, which in turn reduces the chances of them leaving.
First of all, your employees need to feel appreciated. There are a few ways to do this. First, you should keep them in the loop. This means tell your employees what is happening with the company. They shouldn’t be caught off guard. You should also acknowledge when they do something good. Everyone likes the occasional recognition for a job well done. That doesn’t just stop after being a child, it continues on, yet adults hear it less and less. Darius Fisher, the head of Status Labs, points out why this is important and how you can go about offering this recognition.
In order to produce better results, employees need incentives. They already come in and do work for you every single day, but it can be difficult to do this when there is no end in sight. Instead, offer an incentive to reach a particular goal. This gives them the chance to improve it and to push through to the end. Receiving that award, whether it is a gift certificate to a restaurant or movie or something else, it is usually well worth the effort.