Top performers, leaders and specialists with rare qualities - if you have such employees in your company you should consider yourself lucky. But keeping such top employees with the company over the long term requires a sure instinct. Motivation and identification are the keywords when dealing with employee retention. Motivated people who can identify with the company stay with the company. But every employee is motivated by something different. Thus, take time to find out what your staff needs to stay motivated to work for you.
Retaining employees - show and reinforce trust
The best way for you to retain highly qualified employees is to give them space to organise and complete their tasks on their own. Train your staff to assume responsibility by giving them a clear framework that they can organise themselves. You should also allow key figures to participate in important decisions. Ask for advice or let them make partial decisions. In this way you show your employee great respect and signal that you would like to continue working with them in the future. Then your employees will be willing to stay connected to the company over the long term.
Show recognition - retain staff with praise and rewards
One of the most effective strategies for keeping employees in the company is open praise and genuine recognition. Offer praise during a meeting or in a public email. A simple thank you in day-to-day life is also effective. This makes your employees feel valued, and they gladly remain with the company. In addition to recognition, it is also important to balance out hard work. Whether it is a financial reward or an exciting new project, you need to find out what your employees want and work to bind each employee to the company.
Challenge and encourage - the key to retaining employees
Professional and private advancement is often the number one priority, particularly for talented and highly qualified employees. Retain employees more with options for development than with bonus payments and salary increases. Lifelong learning in the form of further education and free space for said learning will bind your employees to the company. You can and should also always challenge your employees. Assign difficult tasks that allow a particular employee to grow. This mix of trust and opportunities is the most important step in terms of keeping employees in the company. Important: never let promising employees stagnate for too long. If you cannot offer your top performers a chance for advancement, sooner or later you will have to let them go.
In terms of retaining employees, the following is fundamental: be a good supervisor who offers praise, is easy to talk to, knows value when he sees it, and offers perspectives. This results in a style of leadership that allows employees to identify with the company. By genuinely show that you do not want to give up your best people, you motivate your employees and do everything in your power to keep your staff.