Now that the economy has picked back up in most areas of the US, finding, recruiting and retaining high quality employees is more important than ever. Once your small business acquires and trains high quality staff, they need to keep them. If you don’t know how to show employees you care and value them within your company, you can expect them to look elsewhere for positive recognition of their contributions.
According to research by OfficeVibe.com, 51% of of workers are looking to leave their current positions. 80% of employees would work more hours if their employers were more empathetic. 60% of employees would like to have their work praised more often. Any of these statistics could result in empty work spaces at your company on any day of the week.
On the flip side, happy employees, appreciated by their leaders tend to treat customers better and keep them happier. Sales can be as much as 20% higher by happy employees. What are you doing to keep your small business employees happy to work for you? Not only is it imperative that they like and appreciate their leaders and managers, but a company culture they appreciate is just as important. Empowered employees can do a lot to grow your small business.
How You Can Show Employees You Care About Them
There are many strategies and tactics you can use to let employees know their work and contributions are important and valued by your company. Some can take a while to develop and may have some significant costs that can affect your budget. However, there are many quick, simple and affordable that can be added to your employee-employer relationship immediately. Point Recognition offers the 20 ideas below to get you started in the slide show below.
Do Any of these ideas appeal to you? More importantly, will they meet the expectations of your employees? Good employees take time and money to nurture and grow. Develop an employee recognition program a priority for the future success of your firm.
Guest author Kelly Chesterson is the Vice President of Operations for Point Recognition. Kelly holds a Master of Business Administration degree from Baldwin-Wallace College and is a Certified Engagement Practitioner. She has worked in the reward and recognition industry for more than eight years.
