Your employees are leaving, because they want better opportunities. What are you giving them? If it’s not better opportunities, you’ll lose them.
Here’s what you need to consider:
- Do you pay your employees what they’re worth?
- If you can’t afford competitive compensation, do you compensate by giving employees flexibility and autonomy, allowing them to feel they’re in charge of leveraging their time and productivity, and can work harder or longer one day and take a bit of a break the next day?
- Do you give your employees the chance to learn new things and develop professionally?
- Do you respect and value your employees, and do you clearly demonstrate that you value them?
As a manager/supervisor, do you step to the plate? If you want the best employees, you have to be the best manager.
- Are you as accountable as you want your employees to be?
- Do you play to each employee’s strengths, or do you focus more attention on their weaknesses? Do you define these areas as weaknesses or as areas to improve?
- Do you build strong relationships with your employees?
- Do you help your employees grow?
- Do you ask your employees to let you know how you’re doing and what you can do better?
The items listed provide you a pass/fail test. If you want to retain your employees, you’ll do all of the above.