The benefits of retaining, keeping your ‘good’ existing staff are numerous! Such as, saving the cost of recruitment expenses, disruption to the workplace and productivity thus creating a more cohesive team e
nvironment.
Looking after your staff makes for happy employees. Happy staff are usually more productive and creative, and less likely to leave, so it makes sense to adopt robust retainment strategies.
Read on to discover our 6 Top Tips on How to Keep your ‘Good’ existing staff
Tip 1: Value your Team. Show you care for them by treating them as individuals. Get to know them to better understand them and visa versa. Reward and recognise their contribution and effort towards achieving the Business goals. Let them know they matter and foster loyalty. Loyalty can't be bought.
Tip 2: Foster healthy relationships. Develop meaningful relationships built on trust, respect and honesty. Lead and support your Team, encouraging open lines of communication to build rapport and understanding. Listen and hear what they say, and act as needed.
Tip 3: Build a positive workplace. Make it a place people want to be part of. Adopt best practice in all areas, and include social events for networking opportunities. Acknowledge differences and diversity as a strength to creating a healthy workplace culture.
Tip 4: Empower and Enable your Employees. Avoid micro-managing and show your employees you trust them by assigning responsibilities. Recognize and reward achievement and high performance. Make them part of the bigger picture by seeking their ideas through training and brainstorming activities enabling the opportunity for input and feedback.
Tip 5: Offer Competitive Rates and Benefits. Keep up to date with Industry rates and match or better. Add other benefits such as bonuses, flexible working arrangements, and health and wellbeing packages.
Tip 6: Provide Opportunities for Development and Growth. Include professional development, Mentorship programs, career plans and learning and advancement pathways. Encourage staff to gain new skills and offer challenges and experiences to keep them actively engaged. Find out what motivates them to get the best results for all concerned.

Your Accounting Partner
Your Management Accounting Partner
Your Expansion Engineer
Your Special Projects Partner