Employee Retention is becoming a significant problem for many companies and industries, especially lately. Companies need to be able to retain their talent and entice new workers toward their organization. There are plenty of reasons people leave companies, including poor salary, bad management, no advancement opportunities, and many other reasons. Using technology is a great way to address retention issues in the workplace. Here’s how.
Offering Remote Work
If you want to combat employee attrition and turnover in a reasonable way, consider offering remote work. Depending on what you manufacture, produce, or the business you’re in, remote work can be a possibility for just about any employee. It removes the hassle of a commute, can easily streamline communications, and is readily accomplished by in-house software that can handle connecting workers from all over the world together. Offering employees the ability to work remotely is something that can really make your company stand out and avoid causing workers to leave prematurely. According to a study, 37 percent of workers would leave their current job for either a part-time or full-time remote job. That’s some serious food for thought! Ultimately, giving employees the ability to telecommute can help reduce employee turnover rates, better motivate them, and create a positive/high morale workplace with just a simple gesture.
Use Employee Recognition Platforms
Employee recognition is an integral part of any company. It offers plenty of amenities, communication, and interaction for an entire team. It’s a way to celebrate achievements and motivate employees to do their best, using technology as a conduit for positive change in the workplace. It’s critical to understand the importance of employee recognition and how it can impact your business. The goal here is to provide you with some basic information on how employee recognition works, so you can determine if this is something you want to incorporate into your company culture. Recognition goes a long way to helping your employees succeed. Still on the fence about employee recognition? Here are a few reasons you shouldn’t be:
- Driving excellence
- Providing quality data
- Creating democratic decisions
- Creating trust
- Reinforcing company values
- Rewarding employees
- Engaging employees
- Building morale
- Increasing productivity
- Providing a platform for regular and meaningful feedback
The bottom line here is that companies can greatly benefit from (and should definitely use) an employee recognition program to help their employees grow, develop, and gain a sense of trust/camaraderie with one another throughout the entire company.
Help Train and Develop Employees
Provide opportunities for growth and development: employees want opportunities for growth and development within their organizations. People (especially those in the Millennial cohort) will leave their jobs if management is poor or there aren’t any opportunities for advancement, so providing a learning platform to learn new skills, train for other positions, and he belong within the company is crucial. That’s one of many reasons providing training and development programs is so critical. Such programs can help keep your team members engaged and motivated in their roles, while pushing them to learn new skills. Simply find a new learning platform to implement or adapt an existing one to get your employees learning today.
Use Continuous Performance Management
Continuous performance management technology isn’t a new technology, but it’s an exceptionally useful one. It essentially helps employees be more productive and focused at work. Using CPM, managers can coach, train, monitor, and identify potential problems with employee productivity for employees across the organization. It allows for quick reviewing, taking corrective action if necessary, and even providing rewards.
Additionally, continuous performance management systems provide employees with feedback on their work in a more timely manner, which helps them to improve their skills over time. By connecting employees together with management to help them develop their skills and goals, CPM ends up being a godsend to most organizations for taking care of their most important resource, their employees.
Use Virtual Check-ins
Using virtual check-ins at work to engage employees, help them set goals, check on their progress, and generally interact with them is a great way to get the most out of your team. It’s also a great way to help people be more productive and feel less isolated in their role at work. But how do you use virtual check-ins in a way that works for everyone? Start by utilizing technology in the right way. Don’t force people to download an app if they don’t want it or don’t need it. Even if it’s a convenient way for you to interact with them, it might not be for the employee. If they’re on an older device or operating system, they probably won’t have access anyway! Instead, create an email address that lets employees send you messages.
This skirts the download issue and makes it easier for the employee to talk to you online. If you’re going to use teleconference apps like Skype or WhatsApp, ensure they’re available across all platforms. That way all participants have equal access and opportunity to engage in a virtual check-in with management. Check-ins also need to be meaningful, with a good line of questioning.
Don’t just ask “How are things going?” Find out what’s going well, ask for improvement suggestions, and have a dialogue with your team. Find out how you support and follow up. By doing check-ins regularly and using technology to facilitate them, you can help your team accomplish their goals and integrate better together overall.