5 Ways to Keep your Best and Brightest Employees

Staying satisfied at the workplace, from both the employer and employee’s perspective, is becoming a daunting challenge in everyday America.

A 2010 Corporate Leadership Council survey detailed that more than 25 percent of employees were planning on changing jobs within the next 12 months. As if that statistic alone wasn’t alarming enough, more than half of the executives who participated in the survey agreed that their organizations are unsuccessful at retaining the top talent they’ve hired.

The growing problem in the workplace can be pinned on both parties, although the employer is responsible for taking charge in implementing a more suitable atmosphere. Check out the list of tips below.

1) Open Communication
Employees deserve the right to know where they stand on an impending promotion. Being dishonest or putting off a decision usually has worse ramifications than informing the employee of the bad news. Even so, as an employer you need to foster visibility. Employee’s exposure to you can be an essential ingredient to keeping them content with their future. In these meetings stress the value of developing leadership attributes.

2) Hold Employees Accountable
Research suggests that employees thrive when they are given real responsibilities, something that employers are reluctant to give. Employees that are frustrated usually feel like they aren’t being pushed enough and/or are getting too many general assignments. So show them that they matter. To keep these go-getters happy, employers should assign meaty projects. Then in turn the company is able to measure results.

3) Be Flexible
Handing over an inflexible assignment to an employee, such as relocation when the person has young children, can be a morale buster. You must compromise on the situation to make sure your employee isn’t disgruntled, or the odds are stacked against you. And that isn’t a scenario you want when you’ve just promoted someone.

4) Assign Mentors
You shouldn’t leave an employee hanging out to dry when they are first hired. Tap an effective mentor who fits their personality. Remember to occasionally sit down with that mentor and make sure they are there for encouragement and support/

5) Use A System
Having a ‘method to your madness’ as an employer shows that you provide fair and sustainable solutions to any problem an employee may have. George Penn, senior director of Corporate Leadership Council, says the key in a system is to “provide processes for creating criteria, assessing performance and controlling compliance in administration.”

Parting ways with an employee is a stressful situation that may cause harm to a company. By following these strategies effectively, satisfaction issues within your office will indeed be curbed.