Thursday, 26 August 2021 05:44

These are the 3 most vital techniques to retain employees

Rate this item
(0 votes)

A critical part of growing any business is hiring the right people -- and then keeping them.

After you get good employees on your payroll, your challenge is to keep them — the United States Bureau of Labor Statistics notes that the number of “quits” has risen for 10 years in a row, going up by 1.8 million to reach 42.1 million in 2019. And although every situation has its own unique factors, there are a few strategies any leader should apply across the board to decrease the odds of workers jumping ship.

1. Pick the right people

The “right” person for the job isn’t always the one with a great pedigree from an Ivy League college or the person who’s got a bunch of certificates to brag about. I care way more about whether the candidate has a proven track record and has demonstrated in real life that they can get it done for their team and me. And that really comes down to whether they are applying a lot of information from different disciplines to their area in a tenacious way. 

But the right person is more than a walking bag of skills. They’re also happy. Happy people are easy to work with. Their can-do attitude is infectious, and they inspire other people to figure out how to make everything work. 

So make sure that the experience and knowledge a worker has can transfer well into the goals you have for the future. They should be able to give some examples of previous success. And by hiring someone who’s naturally or consciously more upbeat, it’s going to be much easier to build a culture where everyone supports each other and stays in the game.

2. Onboard incredibly well

Good onboarding needs to happen quickly to accommodate a competitive, rapidly shifting market, but you still need to take your time and train your hires thoroughly. They should come out of the process with a clear understanding of what their responsibilities are and how they’re supposed to get things done. This will let them connect with their team better and really perform at their best for you right away.

On the other side of this, if you’re going through the onboarding process and you see that the hire just isn’t going to make it, don’t beat around the bush. It’s much better to be honest, have that tough conversation in a kind way and find someone else to open doors inside and out.

3. Lean on three core values 

The three core values that apply really well to worker retention are radical transparency, extreme ownership and complete honesty. 

Radical transparency is all about everyone knowing exactly what’s going on. This is more than just communicating across all levels and explaining yourself. It’s also about trusting them to take whatever you communicate to them or whatever is happening and make good choices. It’s about trusting them to get results and believing that they’ll show you their progress when they should. People are people, not mushrooms, and they don’t deserve to be left in the dark. 

This connects to extreme ownership, which is just taking clear, absolute responsibility for everything related to the job — and maybe even some things a little to the right and left of the job, too. The employee’s reward for owning what they do usually is the greater freedom to explore creatively and be flexible. So by picking the kind of person who can claim both wins and mistakes, you actually encourage innovation. And most people who earn your trust through good responsibility realize they’re in a fun game. They enjoy their work more and are more willing to stick around because of it. 

Lastly, complete honesty means you don’t pussyfoot around. You tell it like it is every single day, evaluating constantly rather than periodically, because ultimately that’s more respectful to everybody involved. This way, the employee knows exactly what they’re doing right or wrong or how to do better, and they don’t end up wasting your time by acting like a square peg in a round hole. 

When you lean on all three of these values, you end up with a great relationship with workers who are both coachable and courageous. You don’t have people denying or resisting the reality between the company and them, and people can grow in really positive ways. 

Retention is far more about how you treat people than the specific perks you throw at them. From the very beginning, you need to look for happy people you know can deliver. And once you find those people, you need to bring them on board in a way that leaves them confident and clear about what to do. And, if you stick to radical transparency, extreme ownership and complete honesty throughout this whole process and beyond, you’ll have a trust-centered, authentic relationship that’s stable and fun for everybody.

 

Entrepreneur

May 13, 2025

NGX records significant growth in Q1 2025 trading activity

The Nigerian Exchange Limited (NGX) reported a remarkable 44.8% surge in equity transactions for Q1…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 10, 2025

The No. 1 lesson I learnt about relationship building, from a human connection specialist

Developing healthy, lifelong connections is something that Mark Groves knows all about: He equips individuals…
May 10, 2025

Town residents involutarily get high after Police burn 20 tons of confiscated cannabis

The 25,000 residents of Lice, a town in Turkey’s Diyarbakır province, involuntarily got high after…
May 13, 2025

Terrorists attack Nigerian army base in Borno, troops missing, sources say

Suspected Islamist militants attacked a Nigerian army base and captured soldiers and ammunition during a…
May 13, 2025

Here’s the latest as Israel-Hamas war enters Day 585

Freed Israeli-American hostage leaves Gaza, Israel says no ceasefire An Israeli-American hostage was released from…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.