Monday, July 5, 2010

Keeping Great Employees

There have been countless changes brought on by the recent economic turmoil. Many companies have resorted to drastic changes in their attempts to survive. Not all were able to survive. Cutbacks and layoffs sent ripples of fear and uncertainty around the globe. And those who still have jobs are grateful to have them.

Being grateful to have a job is not the same as being happy with the job and the company. Once the current economic situation improves (and it will) and people feel more comfortable making any kind of moves (and they will), it’s very likely that some of those unhappy souls will dare to make some serious changes – yes, quit. Are you prepared to lose some of your talent? Can you afford it?

So how will you keep your employees? How will you ensure that they’re happy – especially in an environment riddled with cuts and raise freezes? It’s quite simple.

Let us assume that you already know that while people work for a paycheck, they need more. Feeling valued and appreciated makes a tremendous difference. But is that enough? Times are tough and work is stressful. Now more than ever employees need to be able to connect with others at work. Give them a way to share their joys, fears, and concerns – a safe place to vent and express themselves – and you’ll be helping to build a community, stronger teams, and more loyal employees. Having a sense of belonging inspires people to stick around in good times and in bad.

So what are some ways to strengthen your teams and inspire your employees to stay? It doesn’t have to be complicated. Organizing lunches to bring people together over food and corporate sports teams are oldies but goodies. But why not take it up a notch? Support networks and work-related/professional clubs are a great way for people who have something in common to connect. Hobby and interest groups can be engaging and a great deal of fun. Online networking and blogging have become such a large part of today’s culture. Why not make them part of the company’s culture. They can offer so many ways for people to connect. They can be as formal or informal as you want them to be, but it’s a good idea to offer more than one way for people to connect.

Put on your thinking cap and come up with some of your own ideas. Remember to lead by example and inspire others to participate. Most importantly, have some fun doing it.