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Aim to Retain: Keeping Your Employees Happy

Posted May 24, 2022 by Regions Home Improvement Financing

retaining employees

With unemployment remaining consistently low, retaining your employees is more important than ever before. No solution is an overnight fix, but over time, you can see a stronger, more satisfied workforce. Here are some ways to keep your home improvement workers engaged and happy working with you:

Provide Opportunities

Important factors workers look for include challenging work, career growth, advancement opportunities, wanting to make an impact in their role, and a great work environment. If you don’t have these opportunities at your company now, work to develop them. Growth opportunities mean providing for professional and career development through coaching, training, providing feedback, and more. Not only will this help with retaining employees, but it’ll also make your team better and provide a better experience for your customers.

Recognize & Reward

Almost 80% of employees who quit their jobs listed lack of appreciation as the reason. Make a conscious effort to recognize your workers who go above and beyond in their roles. If you don’t already have one, create a formal recognition program with set parameters and expectations. When an organization has a program like this in place, they have 31% less voluntary turnover than those that don’t.

Outdo Competition

Whatever industry you work in, you’re likely facing a lot of competition that provides the same services. To avoid having your employees jump ship for greener pastures, keep up with what your competition is doing. Always look for ways to you can exceed their products and services. By positioning yourself as a leader and expert in your field, it increases the likelihood of attracting and retaining the top talent that’s available out there. Everyone wants to work for the best!

Work/Life Balance

A great way to lose workers is creating a culture that leaves no room for a life outside of work. The more freedom and flexibility you provide, the happier your employees are likely to be in their work. Plus, with more freedom, comes the expectation of more responsibility. This allows your employees to take ownership of their projects and become better at what they do.

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