Employees are the backbone of your company. You will only be
able to build a stronger company when your employees are fully involved in what
you do. They should be giving their hundred percent to their work. As a
company, it takes a lot to ensure that employees are content with what they are
doing. In this guide, Jay Holstine takes you through a few mistakes that many
organizations make that adversely affect employee retention.
Avoiding Mistakes to Boost Employee Retention by Jay Holstine
Here are a few mistakes you must avoid to boost employee
retention rates.
1.
Having the Wrong Hiring Procedures
Having the right hiring procedures is integral to ensure
that the employees you hire are a good fit for the company. The employees you
hire will only stay with you if they fit well with your company. But if you
don't have solid hiring mechanisms in place, chances are that you will onboard
employees who aren't good for the company, which means that you won't be able
to retain them for long too.
2.
Getting Employees Overworked
It is very healthy to have policies that ensure that
employees work to their optimum capacity. Having said that, if you give them
more work than they can handle, they will start feeling alienated, which
adversely affects job satisfaction. Give employees the amount of work that they
can handle. Too much work will only put excess pressure on them. Jay Holstine
says it is wise to get feedback from them about how much they can handle to
allow them to be an active part of the process.
3.
Having Too Many Rules
It might sound like a great idea to have stringent rules in
place to ensure discipline in the workplace. But always remember that too many
rules will only make them confused. The simpler you keep things, the easier
they are to follow. While some basic rules should be enforced, pressuring them
beyond a certain limit will only lead to greater problems.
4.
Tolerating Poor Performance
If you tolerate poor performance, those who work hard will
feel like they aren’t being rewarded according to their work. When they see no
growth at your organization and no room for improvement, chances are that they
will look for better opportunities to switch. Therefore, underperforming
employees should always be given appropriate training to work hard and improve.
Jay Holstine says this is one of the most integral ways to ensure highretention rates.
5.
Micromanaging
Employees will only give their best to what they do when
they have a certain degree of autonomy at work. If you micromanage them, they
will have no ownership of their work, which will only lead to higher turnover.
Always involve employees in decision-making, allowing them to also make
decisions according to what they deem fit.
Final Words by Jay Holstine
Make a conscious effort to avoid these mistakes, as pointed
out by Jay Holstine. You will notice that your employees will be happier, and
that will eventually also positively affect your productivity.
