Employee retention is always a high priority for your organization since the cost of a new hire can take time to recover. If you want to increase retention rates, make sure your employees feel they are valuable to the company and are motivated to participate in company activities. You want to make sure you are staying in touch with all employees and that managers are taking steps to keep lines of communication open.

Here are some essential retention strategies for your team:

Ongoing Feedback

All managers need to provide constructive feedback to employees so their team can make adjustments or changes as needed. They need to set up a process for providing this feedback on an ongoing basis so employees are kept up to date on their performance and progress with the company. This can make it easier to make hiring decisions and also ensures employees feel valued and recognized for their efforts.

Good Communication

Maintaining open lines of communication is key to improving employee morale and making sure you are getting the right type of feedback in a timely manner. You want to make sure managers are doing a good job of communicating to team members regularly via email, by setting up meetings and over the phone. If you are working with remote workers, it’s even more important for management to check in with employees regularly since this reduces the chances of miscommunication and problems that turn into crises.

Regular Team Meetings

One way to boost employee morale is to host regular team meetings. You want to make sure you are connecting with employees regularly with a group meeting or conducting daily meetings where everyone is kept up-to-date on what is happening that week or that day. This level of communication and socialization can improve employee morale and productivity. It can make it that much harder for employees to leave because they feel so connected.

If you need help increasing employee retention rates or just want to attract more high-caliber employees, consider working with a reputable staffing firm. Morris Bixby Group can help you attract high-quality candidates that end up staying with your company for the long term.