It’s far more than making your employees happy for the moment. Many people in this world are planners, and planners like to know what is going to happen in the future. If you are having trouble keeping employees around these might be some of the reasons why.
You’re Not Promoting Them
No wonder they want to leave! It hurts really bad when someone new is brought in when the talent you already have is not even considered. Why would you even look outside of the box right off the bat. Of course there are times that it is a must to hire from outside, but there are also times that you should take a long hard look at your surroundings and start there. Keep in mind that the employees that you already have know the ins and outs of the company already, so if they are a skill or two short, it might be worth it to train them. This will also benefit you as the employer. You can take as little or long as you like transferring them from one position over to the other.
You’re Not Thinking About Their Career
Your employees want to grow and succeed in their career, it is important to them and should be to you as well. Trust us, they would prefer continuing in their career within your company. Get to know the employees who work for you. Learn of their strengths and what goals they have. This way, you will know if it is a good fit on both ends. It will be much easier for both you and them to determine the type of plan that allows them to grow. Another way to groom your employees is to offer training and leadership programs. This way you are investing in their future and they are trusting you more and more.
You’re Not Allowing Their Success to Relate To The Success Of The Company
Let’s be real here. We all like to be a part of the success, especially when we should be. Think about it, you pay your employees and they go with the motions. But don’t you think they would be more interested if they knew they were connected to the results? A great benefit in addition to compensation is shares and stock options. This really makes an employee feel as though they are an important part of the entire machine. There will always be levels at companies, but it is important to know that everyone is equal in participating for the final score.