Courtesy – entrepreneur

With the trend of working from home more than before, concerns around employee retention have taken flight. This has persuaded business owners to look for retention strategies that will help retain staff engagement and loyalty. Here’re a few tips on how to do that right.

Start from the beginning

Employee retention begins at the very first step, the onboarding procedure. Ensure that the new recruits are clear regarding their objectives and goals. Also, get a dedicated HR manager who will keep a regular check on the team members to make sure they feel valued.

Development and training

Same to how mentoring programs work, employee development and training give win-win situations to businesses and employees alike. Also, it is a retention strategy worth investing in. Especially with best practices and technology evolving rapidly, key talent should be on top of changes to stay competitive.

Show money

You can do a lot to make your A-employees feel valued. Get them recognized among peers, organise social events for teams, and more. But imagine losing your top talent to a competitor paying more money. So, you need to ensure you offer the right salaries to lure workers to stay.

Transparency and honesty

Lying to employees or hiding things from them kills loyalty, making all your retention efforts go in vain. Especially in challenging times, open and clear communication becomes more essential.

Mentoring program

Get an experienced mentor to support and guide your staff on the leadership journey and choose the right rewards for performing. Mentoring programs help enhance retention and staff management while boosting productivity and performance.

So, following the right strategies and getting the best small business mentor opens ways to success.