How to keep good employees from quitting?

Let’s face it, employee retention is a challenging task for any organization. According to Statista, the average employee tenure with their current employer in the U.S. is about 4.6 years (as of 2016). In other words, most employees don’t stay with one company for a long time but rather switch jobs often and sooner than later after they have been hired somewhere.

That being said, it is essential that businesses have strategies in place to retain their employees and prevent them from leaving their organization as soon as they are eligible to do so – especially given that turnover can be expensive, no matter how small the team may be.

Fortunately, there are many things you can do to keep your employees happy and engaged while also having an eye on those who might be planning on moving on sooner than later – even if that isn’t necessarily their intention at this point in time...

Communicate more with your employees

As we mentioned above, it is essential that managers and executives are aware of what is happening across the company and what is going on with the individuals within their team. This way, any issues or concerns can be identified and addressed at the earliest opportunity.

While this might seem like a no-brainer, it is surprising how many organizations aren’t as open and communicative with their employees. Rather than keeping them in the dark on what is going on, it is important to keep people informed about what is happening within the company and what is expected (or not expected) of them.

This is another great way to identify and address any issues that might be occurring behind the scenes.

Pay attention to employee engagement

Another way of spotting those who might be wanting to move on is to pay attention to employee engagement. This is a great way of identifying if any of your employees are unhappy or lacking in motivation as they might be considering other career opportunities.

An engaged employee is one who is happy with their job and the company that they work for. On the other hand, an employee who isn’t engaged with the company is one who is dissatisfied, unmotivated, and uninterested in their work.

As such, if you find that certain employees aren’t engaged with their jobs it might be time to address this and see what can be done to increase their engagement. This might be as simple as discussing their job with them and trying to understand what might be causing them to feel disengaged in their work.

Depending on what you uncover during this conversation, you might be able to address the issue immediately and get your employees back on track and feeling engaged again.

Be transparent and show you care

Employees who feel valued and appreciated are less likely to want to leave their job. Trust and transparency go hand in hand here. As an employer, if you have no interest in building trust with your employees, this is a great way to do so.

Whether it’s through regular one-on-one meetings with your employees or simply communicating openly and honestly with them, you will likely notice that your employees appreciate this level of openness and trust.

And, in turn, this will encourage them to stay with your organization as they will feel valued and appreciated for the work that they are doing.

Allow for flexibility and autonomy in the workplace

It is important to allow your employees some flexibility in the way that they work. More and more employees are looking for autonomy in the workplace and the chance to choose how and when they complete their work.

For example, some employees might want to work from home while others might want the ability to work a few hours each week from a coworking space. This way, they will have more flexibility in their daily lives and will likely be happier and more engaged as a result.

Provide continuous learning and development opportunities

Employees who feel as though they can learn and grow within their organizations are less likely to leave their jobs. Continuous learning programs are perfect for this as they allow employees to take advantage of learning and development opportunities that will help them grow as individuals and excel within their jobs.

As such, you might want to consider implementing programs such as an internal mentoring program or inviting guest speakers to attend and share their knowledge with your team.

Create a culture of inclusion and diversity

Diversity and inclusion are two words that are increasingly being discussed within organizations. That being said, it is essential that you foster a culture of inclusion within your organization and promote a positive environment for all employees.

There are many ways in which you can go about fostering a more inclusive culture within your organization. You can start by inviting guest speakers from organizations that promote diversity and inclusion. You could also facilitate discussions about topics such as sexual harassment in the workplace and how to avoid it.

Offer competitive benefits and perks

The benefits and perks offered by your organization are the first things that new employees will consider when they are deciding whether or not to accept a job. As such, it is important that you offer benefits that are competitive with those offered by other companies in the industry.

It is also important to keep an eye on the benefits that you are currently offering as it might be time to refresh or update them. For example, if you are offering health benefits that rely on the use of paper claim forms, it might be time to switch to an online system.

Similarly, if you are offering a pension plan that was introduced 20 years ago and is no longer considered to be competitive, it might be time to switch to a new system and level of benefits.

When it comes to employee retention, a lot of it comes down to strategy and planning. You need to know what you're dealing with, and then you can develop a strategy for keeping your employees happy and engaged.

If employees are happy, they are more likely to stay with the company. So, it's important to be aware of how you can keep your employees happy.