With the appraisal season in its full swing, companies are busy implementing their best performance appraisal methods. However, during these unprecedented times, retaining employees is beneficial both for the companies and the workforce.
Here are some strategies to ensure that your best minds are retained:
Connect better through group activities:
Set aside some time from the working hours and organize fun-filled sessions. This will increase employee engagement and give your employees a sense of belongingness where they would bond better with each other while spending some quality time.
Encourage constant learning and development:
Provide virtual workshops, online sessions to your employees to make them well-equipped with the skills in demand. With learning becoming more virtual and less expensive, this is the best time to upskill your employees and make them more employable.
Implement health and wellness programs:
With health and wellness gaining more importance during the pandemic, you can offer Employee Assistance Programs (EAP). You can also create a virtual wellness spot for sharing tips and recommendations on being fit, staying healthy, improving mental health, etc. Also, try and initiate health and wellness projects within the workplace.
Offer flexible working hours:
With remote work being an important part of the ‘New Normal’, companies should offer flexible working hours to their employees. This would also help in making sure that the work-life balance of their staff is being maintained. This approach of flexibility raises one’s productivity too.
Organize 1:1 personal meetings:
While team meetings and group sessions are part of an employee’s everyday life, there might be some who are more comfortable in talking about their work and related issues during personal sessions. You can also organize personal meetings connecting an employee with an expert in a particular field to offer them the guidance that they need to flourish even more.
Present perks and benefits:
Providing appropriate perks and benefits goes a long way in ensuring that your employees are retained and for good reasons. You can offer employee benefits in different forms such as paid leave, healthcare coverage, elderly or child care support, health insurance, flexible timing, etc.
Promote proper communication:
Always have open communication with your staff. See to it that their suggestions, concerns, and ideas are heard and acknowledged. Honest communication boosts performance and brings into light the concerns that are otherwise not paid attention to. Reach out to every individual regularly.
Provide mentorship sessions:
After hiring a new employee, pair him or her up with a mentor. An experienced, well-trained, and supportive workplace manager will be able to guide the newcomer in the best way. He or she will gain new insights from the mentor and pick up the on-job skills.
With the threat of Covid-19 looming large, employee retention can be a big challenge. Employers need to value and recognize the efforts and contributions of their employees by providing proper benefits, extending growth opportunities, and supporting them at times of need. When an employer feels valued, he or she is likely to remain with the company.