When you’re running a business it’s important to hire the right team members and then keep them on board. That last part can be easier said than done and a lot of companies struggle with high levels of churn. High churn rates are problematic because they will end up costing your company a fortune. As well as this, it will mean that you lose some of the best thinkers and innovators that your company possesses. So, let’s look at some of the steps you can take to keep your team on board.
Let Them Learn
First, you need to make sure that you are letting your team members learn and grow in their roles. This will ensure that they find the time they spend at work far more fulfilling overall. As well as this, it means that you can dodge the problem with micromanagement in your company. If your team members feel as though you are looking over their shoulder every minute of the day, they might decide that they don’t want to stick around. Instead, they’ll probably explore a company where they have more freedom overall. Learning management software makes it easy to upskill team members and ensure that they get the full support they need.
Focus on Rewards Not Punishment
Next, you should think about focusing on rewards in your company. You might be tempted to punish team members for poor behavior or low levels of productivity. For the old message about the carrot and the stick ring true here. You’re far more likely to achieve positive results if you focus on rewarding team members for any hard work. Punishments that you need to avoid include pushing team members to work late if they don’t meet a deadline or taking time away from their personal life. If they do need extra training to bring them up to speed, this should be in business hours.
Be Flexible
During the worst of the COVID-19 pandemic business teams were able to work from home or outside. A lot of polls suggest that employees want this level of freedom to continue. At the very least, they want a hybrid model of work in place so that they don’t spend all week at the office and avoid the worst of the commutes. It’s worth noting that a lot of businesses are already providing this option for new hires. So, if you’re not then you’ll be playing catch up here.
Start Strong
Finally, you need to make sure that you are starting strong from day one. Essentially, this is all about the onboarding process that you are using in your business. Without the right onboarding process, your team members are going to feel lost and a little confused about how they should move forward once they have claimed a role in your company. The right onboarding process will provide them a direction and even a complete path that they can follow in your company. This can help you avoid team members leaving seemingly moments after they have accepted a position at your company.