It is imperative for any organization to control attrition (or) retain the employees by means of employee motivation. It is known fact that organizations cannot attain greatly desired goals without well experienced / qualified workforce. An engaged workforce is a productive workforce always; thus, companies has to concentrate on employee motivation to get the best possible organizational results. There are various techniques that should consider with regards to employee motivation and retention:
Learning & Development Opportunities:
The aim of talent development (or) management is to build / maintain a competitive advantage for your business model. Always employees look for their personnel / professional growth within the organization. Various mentorship programs (Technical as well as Non technical) will help to facilitate development activities as they expected. If an employees feels that there is a semi-permanent plan for them within your company that will give more chances that array with their professional goals, they will be more naturally disposed toward to stay for the long-term with in the organization.
In order to retain good performer’s, the mentors needs to provide constant feedback on the employee efforts. Every employee wants to receive constant and clearly defined feedback from their next line managers.
In practice the most employers/ mentors focus mainly, on what employees are doing wrong. While you don’t want to leave problems to suppurate, it’s often more effective to spend time on what the employees are doing right. Over abundance negative feedback eventually depraves and discourages employees. On time positivistic feedback, is something, that employees enjoy receiving from their mentors. Employees probably to keep performing things in the right way in order to receive more of it. More significantly, they’re probable to find that they are good at their responsibilities; a positive element leads to intemperately job satisfaction. Take this seriously and think about it—having stated that, there is a good line, between the right quantity of positive reinforcement and too much. An employee may become self-complacent with too much praise, or no praise which directly impact on performance; it is highly important for any mentor to pass the line carefully. Finally, an organization must extolment the employee promptly to muse a positive and prompting gesture. Take this seriously and think about on few lines: Is your organization mission statement clearly understood by all of your employees? What is your business working to accomplish? What are all the short and long term goals? And etc.
Review how the policies designed with regard to monetary compensation? Even though, money is n’t everything, it is a key factor in employee motivation and retention. Organizations need to find out what other employers are offering for same positions. If workforce is properly recognized for their efforts they will feel as though they are a valued member of the team. Also take in to consideration for timely incentives (such as bonuses, fringe benefit and etc).
Your leadership pipeline must be employed in order to have staff stock up. Values, policies, and practices will all make up the culture of your company. Making a good company environment is not something that takes place overnight. You must work at it strongly.
Top management requires studying the art of involving employees in the decision-making process with in the department, how ever, management will most likely takes the ultimate and final decisions, by involving and taking suggestion from department members can impregnate a feel of employee ownership in the process. Key people of department should be involved to actively take part in the decision making process by providing their valuable suggestions.
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