Now more than ever, it is critical for employers to prioritize employee retention. Research recently conducted by Gallup reveals that 52% of employees are considering exploring new opportunities during the latter half of 2023. Often, organizations heavily invest in the initial stages of the employee’s journey–such as on-boarding, but unfortunately, the focus on the employee tends to dwindle after a short while.
To retain the best talent, it’s essential to demonstrate commitment across all phases of the employee experience. Even if you don’t currently have a formal employee experience program in place, you can start by fostering meaningful connections and building relationships with your employees that extend beyond their job functions. Remember, cultivating a supportive work environment and having an engaged workforce is key to the retention of people, not just “employees.”
But establishing and maintaining an employee experience program takes attention and intentionality. Here are a few ideas you could implement immediately at little to no cost to help improve your employee engagement and experience.
- Regular Feedback Sessions: Schedule periodic one-on-one meetings with employees to provide constructive feedback and genuinely listen to their perspectives. Don’t wait for the formal annual review. This helps build trust and encourages a culture of continuous growth and improvement. Have this conversation informally at an off-site location like a coffee shop or somewhere more casual.
- Encourage Team Collaboration: Utilize project management tools or internal social platforms to facilitate seamless collaboration among team members. Encouraging cross-functional interactions and idea-sharing fosters a sense of belonging and boosts overall employee morale. When employees feel siloed, their employee satisfaction drops dramatically.
- Encourage More Work-Life Balance: Maintaining a healthy work-life balance is essential for employee well-being. Your company can encourage balance for your employees by offering flexible schedules, encouraging uninterrupted vacation time, or implementing an employee wellness program that encourages a healthy lifestyle.
Hopefully, these ideas springboard you into improving your employee experience. Ultimately, if your employees are happy, they will want to stay, and your company can grow. If you would like to discuss how Ncite Partners can help your recruiting and retention efforts, please reach out to us at recruiting@ncitepartners.com.