More than ever, organisations need to think strategically about how to reward staff in order to attract and retain them. There is fierce competition for great employees, more people are now moving roles and this can affect productivity and your team. This month we have complied a list of our top seven reasons why your employees no longer love you and ways to tackle them.
1. You don’t say thank you
A simple thank you to your employees for outstanding work can make them feel more valued and costs nothing. This can be done either via email, in person or in a public setting, such as a team meeting.
2. You are not flexible
Flexible working has become more widely accepted by employers in recent years and has several benefits. Many not for profit organisations are unable to offer the top salaries when competing for best employees, but flexible working costs little and any disadvantages are usually offset by increases in productivity and morale.
3. Training and development is lacking
Training doesn’t have to be expensive, read our blog on ‘5 ideas for training on a budget’
4. Your team don’t work as a team
A strong team will produce better results. Ensure you are motivating individuals to work as a team, through regular meetings. This helps staff understand the workload of others and they can support one another, offer advice/ expertise where others are struggling. If you do have the budget, arrange for time out of the office as a team, everyone is more relaxed outside of work and this can help with team building and general communication.
5. Reward schemes and benefits are lacking
Budgets are often restricted for not for profit organisations, however not all rewards and benefits have to be expensive. Look outside the traditional benefits, such as lifestage benefits, access to retail discount schemes or salary sacrifice schemes.
6. They are overworked
Overworked employees are not productive, research has shown that productivity drops when employees are overworked. If a colleague is taking on a larger workload, then ensure they are correctly paid and have the correct job title, also have regular meetings to look at their tasks, what can be delegated and check your employee is not stressed.
7. Wrong hires and promotions
Recruiting the wrong people or promoting the wrong staff can damage your team, business and cost your organisation money. It can lead to higher staff turnover, low morale and poor productivity. Read our recruitment advice on ensuring you make the right hire on our website.
Being a manager is a tough job, especially when you have invested, trained people for them to move on. Little changes rewarding your team can make all the difference. If however your employee does decide to move, this can be an opportunity to find a new employee that loves your organisation, creating fresh ideas with drive and ambition. If you would like further advice on how TPP can help you, contact us on 020 7198 6000 or email@example.com.