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Retaining Your Top Employees

(October 2011) posted on Tue Sep 20, 2011

How to construct a positive work environment to ensure employee retention.

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By Marty McGhie

But boosting employee morale doesn’t have to be all about hosting events or offering up gifts. You can also spice up the day-to-day events. For instance: Figure out a way to make even the most mundane meetings more enjoyable. We recently realized that our monthly financial staff meetings were beginning to get pretty dull – so dull that our employees pretty much tuned us out immediately after glancing at our profit numbers. So instead of sticking with the monotonous meeting style, we made the financial review into a game: Ferrari Color Jeopardy. Now, our employees have an interactive event that they all participate in and enjoy, while still learning about the numbers.

My second suggestion also lends to a positive work environment: open communication. The ability to speak openly without fear of consequence is an important quality in a productive office. If all levels of management feel free to make suggestions and even offer constructive criticisms, they will feel that they’re valued members of your team. Of course, you might find an employee that will take liberty with this policy and he or she will become a chronic complainer, consistently taking a negative approach. But, you’ll also find that the majority of your employees who feel open to communicate their concerns will become more willing to accept criticism when it’s directed at them without being immediately threatened. As a result, employees will consider constructive criticism as a helpful dialogue, not a one-sided attack.

Keep in mind that although discussing shortcomings via constructive criticism is necessary, it’s equally important to establish a business environment where your deserving employees receive praise. Continual positive reinforcement will lead to happy employees and encourage continual success. Make this a top priority in the way you manage.