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Tips For Retaining Your Top Performers

October 2 2019 - No business can grow and reach the next level without retaining their top performers. Unfortunately, this is something that many smaller companies struggle with because they find that many employees get allured by the bigger brands that are able to offer higher wages. There are a few steps that you can take to retain your top performers though and this can have a huge impact on your entire company and could also help you to attract new talent too. It can also create a tight-knit group which can make work much more enjoyable for all. Read on for a few ideas.

Offer Career Progression

The top performers are usually driven and looking to advance their career. This means that in order to keep hold of them you will need to be able to offer career progression within your own company by promoting within, by offering training opportunities and providing guidance and additional responsibilities to staff.

Open Communication

A good business is one that communicates well at all levels of the company. You need to provide regular positive feedback to staff, but you also need to make sure that staff can come forward to you with any ideas, feedback, questions, and concerns. Adopting an open-door policy is a smart way to achieve this.

Perks

You may not be able to match the wages that they could earn at a larger company, but you can offer perks which will make your company more appealing. There are all kinds of different perks to consider, such as:

Staff Socials

Employees are much more likely to stay at a company when they have strong relationships with their coworkers. You can use team-building events to develop these relationships, but you will find that they often develop simply through allowing open communication during the working day and through regular staff social events, such as after work drinks on a Friday or staff BBQs in the summer.

High-Quality Equipment

You also need to make sure that your team has access to high-quality equipment that can make their daily role easier. Manufacturing companies can do this through the use of high-quality baling wire from places like Baling Wire Direct so that your team can do their work efficiently each day. You can also find recycling baler machines for compacting all of your recyclable material from specialists like www.recyclingbalers.com. This will make a big difference in how the staff feels and show that you value them.

Comfortable Office Space

The office space must also be somewhere calm and relaxing too. People will spend most of their week in the office, so this needs to be a space in which they feel comfortable. Here are a few suggestions:

  • Open plan office
  • Ergonomic furniture
  • Maximizing natural light
  • Plantlife
  • Decoration
  • Spaces for relaxing

These are all highly effective strategies if you want to keep hold of your top performers. This can be a huge challenge for smaller businesses, and it is frustrating, time-consuming and expensive to recruit new staff members constantly. When you can retain your top performers, it can help the company to grow while also helping to create a positive work environment with a tight-knit group.



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