Employee retention is helpful for maintaining strong work environments and always contributes to the improvement of the company. You can think of it like how eating nutritious fruits keeps the body's internal structure in excellent shape and encourages its development.
Although employee retention rates vary by industry, it goes without saying that every company wants to hang onto its top performers. Here are five things you can do to keep the employees, including you virtual assistant you currently have.
Make Each Day as Important and Fun as Day One
The success of your recruiting and application processes is just as crucial as ensuring that your VA has a great, enjoyable onboarding experience.
The onboarding process is how you get to know a new employee. To assist them in becoming completely productive as soon as possible, you want to make the most of every opportunity to move ahead.
Give Your VA Flexibility with Their Schedules
Do your employees really need to work five days a week from 9 to 5?
You might discover that your employees are more productive and contented and have less friction between work time and their personal duties if you implement flexible work hours and telecommuting.
Keep in mind that it's crucial to clearly define the policy and get it properly to avoid any misunderstandings.
Acknowledge Your VA’s Hard Work
Everyone loves being recognized and praised for their efforts. In order to maintain employee engagement, it's crucial to thank your staff for a job well done.
It's the same with your best employee. According to a survey conducted in March 2022, 46% of workers claimed they quit a job because they didn't feel appreciated. However, 65% of respondents stated they would put in more effort if they thought their bosses would appreciate it.
Just one in three American workers strongly believe that they received acknowledgment or praise for doing good work in the previous seven days.
It is simple to understand why it is so crucial to offer incentives for employees to stay with you when people regularly feel that their finest work is overlooked. These individuals are twice as likely to state that they will depart in the next year.
Prioritize Professional Development
Even if your greatest employees are already excellent at what they do, they are constantly looking for ways to improve. They may desire to remain with your company if professional development and advancement are prioritized there.
In order to match senior-level executives with your top achievers, you can also create a mentorship program.
When you invest in employee development through a learning management system, you'll simultaneously create a pool of prospective future leaders within the organization who, statistically speaking, have a higher chance of success than leaders hired from outside the company.
You may increase employee engagement and retention by planning, managing, and delivering individualized training to staff members strategically and affordably.
Increase Your Benefits
Perks are the cherry on top these days when you're courting candidates. When it comes to employee satisfaction, a competitive benefits package often comes in second place only to income.
Yet, it's important to keep in mind that with five generations represented in the workforce, a benefits scheme that is one size fits all is likely to fail. The solution is a targeted benefits scheme.
It has often been shown that improving engagement may be achieved with the correct benefits programs in place.
