Employee Retention

Recently HR Review reported about a survey on Employee Engagement. According to the Gallup Engagement Survey only 24% of employees are engaged with their job. That is quite an alarming figure and something that employers need to tackle, especially in this current climate.

In a different survey by ACCOR, 90% of leaders say engagement impacts success, but 75% have no engagement plan.

So why are employee’s struggling to be engaged in their workplace? Is it poor leadership? Are there trust issues? Are the company’s values different to the employees? And what happens if employees are not engaged. Will they produce poor work, not want to involve themselves in projects, or leave and go and work for a competitor?

So how can you raise employee retention? Here are a few ideas:

Relationship with Manager – A recent Gallup poll revealed that a key indicator of employee satisfaction and productivity is employees’ belief that their boss cares about them and can be trusted.

Recognition and Appreciation – Some people are more driven by incentives other than money. Celebrate achievements both individually and as a team; write a note of thanks or recognition with honest, sincere appreciation.

Stimulating, Fulfilling Work – Include employees at the beginning of projects. Employees will be more enthusiastic and you will be surprised to see the creative results and different opinions that bubble up.

Clear Career Path and Opportunities – Providing training opportunities with respect to new skills and career development is an indication that a manager or company is willing to invest on behalf of employees. Encourage employees to join professional organizations by paying membership fees and giving the time off to attend lunches and conferences that foster professional growth.

Respect a Balanced Life – Acknowledging and respecting the importance of family and personal life of employees prevents burnout and fosters loyalty.

At Dale Carnegie we understand the need to engage with employees and gain their commitment. If you would like further tips then why not come along to our Inspirational Leadership Seminar on 24th August and 22nd September.

Helen Mills
Financial Controller
www.london.dalecarnegie.com