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8 Essential employee retention factors that modern employers ignore

Employee retention factors are more important than ever. An employer’s ability to retain employees is no longer an aspect of being a “good” place to work. Top performers are literally a LinkedIn Inmail message away from being snatched from the team you’ve worked so hard to build. Of course, it’s only natural for employees to grow. People’s needs and wants for their days spent at work change — more so in our “ quitting economy .” Employees aren’t staying in positions for decades notes Ilana Gershon, associate professor of anthropology at Indiana University, Bloomington, “Good jobs were ones with a good salary, benefits, etc. Now, it’s one that prepares you for your next job.” Let that sink in for a while… Modern employers are no longer just responsible for providing employment. To receive optimal output from a hire, a modern employer must have it all plus prepare them well enough to move on (quite the tall order if you ask me!). Employee turnover is costly, it affects the perf...
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I’m tired of working in this firm due to sack threats and poor pay Q. I am an underwriter at an insurance company. This business has outstanding repute and holds sway in the local market and even among industry rivals, and is the envy of many. But the sad truth is that employees are treated dismally and constantly threatened with sacking. The pay is poor, and working conditions are hostile. Ironically, the firm spends millions of shillings every year for publicity. Please advise me because I am tired of this pretense.  I do not know how long you have been in this company, or whether this is your first job or how you joined the organisation, but all these have a bearing to answering your question. If you have been there for long, there is a good reason that has made you stay  despite the challenges. This means you have needs that are being met, from advancing your career, gaining work experience, training, networks to even financial needs, despite the poor pay. You n...
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Tips for Rebuilding Team Morale after Tough Times

When it comes to  maintaining employee morale  it’s been one thing after the other. There’s been the ongoing effect of the recession, crises like the Canterbury earthquake, restructuring and hiring freezes. No matter which way you cut it, it’s been a stressful time for both employers and employees over the past 18 months.   For many, increased workloads and job uncertainty have been part of the landscape, so it’s little wonder a lingering sense of unease and depressed morale has become common in many workplaces. Low morale can take many forms - reduced productivity and efficiency, increased errors, missed deadlines, apathy and a higher rate of absenteeism. Even if your business managed to ride out economic and national crises, it’s likely your team is still anxious about what the future might hold. If you suspect your team is experiencing low morale, try the following strategies to rebuild confidence and energy. Open the channels of communication.  To count...
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9 Things Bosses Do That Make Great Employees Quit It’s pretty incredible how often you hear managers complaining about their best employees leaving, and they really do have something to complain about — few things are as costly and disruptive as good people walking out the door. Managers tend to blame their turnover problems on everything under the sun while ignoring the crux of the matter: People don’t leave jobs; they leave managers. The sad thing is that this can easily be avoided. All that’s required is a new perspective and some extra effort on the manager’s part. First, we need to understand the nine worst things that managers do that send good people packing. 1. They overwork people. Nothing burns good employees out quite like overworking them. It’s so tempting to work your best people hard that managers frequently fall into this trap. Overworking good employees is perplexing; it makes them feel as if they’re being punished for great performance. Overworking emplo...
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High performance organizations and teams differ from average organizations in several ways. Here’s how; 1. They have very clear clarity in what their vision, performance expectations and values are. 2. Sharp focus on all the aspects of the business that is within their control, and does not get carried away with external condition that is out of their control. 3. They have strong accountability, and hold people accountable for living the values. There will also be consequences of failing to perform. 4. There is no complaining or giving excuses in these organizations. Please always take complete responsibility for their mistakes, deadlines and goals. 5. Motivation will always be driven by excitement and not by fear. This is when you are motivated by the excitement of winning or achieving goals. 6. These organizations insist on Training and Development as managers are measured on how well their subordinates perform as well. 7. Rewards, opportuni...
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A team based environment demands that you make responsible decisions; it requires you to take charge of your career. It requires you to develop excellent interpersonal skills because you have to interact at a much different level with your team members. No longer is it just you and your job!
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