3 Keys to Employee Satisfaction

3 Keys to Employee Satisfaction

Note: This is a guest post from our friends at 15Five.

You can read our previous posts about the cost of employee turnover and how to increase employee retention. 

All organizations rely on their employees for success. It doesn’t matter how valuable your product or service is. Without your top performers, you won't be able to deliver. That’s why it’s important to focus on employee satisfaction and retention.

Making sure your employees are engaged and happy with their work boosts your odds of keeping them. Using continuous performance management review software can help you monitor performance and be aware of employees that don’t seem to be working to their full potential.

Don’t let your business fail because you didn’t take steps to optimize your employee satisfaction and retention rate. To ensure your best workers stay with your organization, keep the following tips in mind:

1. Offer Opportunities for Development and Advancement

Employees are more engaged with their work when they feel their employer offers them opportunities to develop their skills and advance. A top performer wants to know the hard work they put in each day will be rewarded. They don’t want to stagnate in a dead-end role. They also want to know you’re giving them the chance to learn new skills that will make them even more valuable to the organization.

You can motivate your top employees by offering free classes or letting them attend professional development seminars. Make it clear that they will have the opportunity to take on a more important role in the company if they continue to perform well.

2. Provide Feedback and Facilitate Communication

A recent survey indicates that, as of 2016, approximately 43% of American workers operate remotely at least some of the time. That rate is likely to increase as new technologies make it even easier to coordinate with team members working in different locations.

The freedom to hire a remote team offers major benefits. Instead of choosing the best local candidate for the job, you can employ the best candidate from almost anywhere in the world.

There are drawbacks to this trend, though. It’s easy to forget that employees rely on constant feedback from their team leaders to understand the value of their contributions. Supervisors working with remote teams should use management tools that allow them to provide that kind of reliable, consistent feedback.

It’s also a good idea to ease communication between your remote team members. You want them to remember that, while they may not see each other in the office every day, they are coworkers. Another recent survey shows that employees who have friendships with their coworkers are more likely to stay with an organization.

3. Recognize Achievements

Research shows that when managers recognize employees for their accomplishments (especially in a public manner), engagement increases.

It makes sense. A top performer likely puts a lot of effort into their work. They want to know you value and acknowledge their contributions. Recognizing employees publicly also helps you develop a positive workplace culture, in which other employees feel they too can earn recognition if they’re willing to put in the work.

Applying these strategies is key to your success. Again, you may have a good idea for a product or service, but an idea is nothing without the execution. For that, you need strong employees; these tips will help you make sure you keep happy, satisfied employees.

Read our previous posts about the cost of employee turnover and how to increase employee retention. 

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