Looking to keep your Finance staffers for the long haul? Find ways to make them want to come into the office each morning.
Even though unemployment numbers are high, long-term retention is still important for companies.
And, when it comes to retaining employees, engagement is crucial. In fact, according to a recent survey by Kelly Services, 51% of employees said they would accept a lower wage or diminished role if their work contributes to something “more important or meaningful.”
Here are three strategies to help your workers get what they want from their jobs:
- Give them more control. People enjoy work more when they feel valued and in command of their own destiny. This can be accomplished by allowing employees to weigh in on important decisions, giving them complete autonomy in certain areas or letting them take on more challenging assignments.
- Keep ’em in the loop. It’s important to give all of your staffers a big-picture view of what’s going on with the company. This includes providing timely info, explaining management’s decision-making, as well as documentation and other proof of the company’s success.
- Opportunity for upward growth. No one wants to believe they’ll be doing the same mundane tasks five, ten or even twenty years down the road. If your staffers don’t see any opportunities on the horizon, they’ll be updating their resumes before long. Education and training opportunities, career-path advancement, team participation and cross-training are all proven tactics to keep turnover low.
