Small business owners can face employment challenges when unemployment rates are down. Employees have many options available and, if they are not happy with their current position, they can easily switch jobs. It is more important than ever for employers to keep their employees happy.
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The incoming workforce values independence more than any other generation has before. Failing to provide your employees with the autonomy they desire can lead to poor work morale. In fact, many studies show that autonomy in the workplace is one of the most important factors that employees look for when choosing a new job.
Because it makes them more satisfied with their position, they’re less likely to leave. Instead of focusing on the hours your employees spend doing work tasks, focus on the results that they achieve for the business. Give them the ability to show their value, and avoid micro-managing employee schedules.
Comfortable Work Environment
A comfortable work environment is one of the most important factors that contribute to employee happiness, yet it’s under-recognized. Workplace comfort also has a direct correlation with employee productivity. Simply put, an employee who is uncomfortable — such as too cold or too hot — is going to feel unhappy with their job while also being less productive.
Employers can increase the comfort of their workplace by purchasing quality computer chairs, having a dedicated break room, and ensuring that the HVAC unit is updated and efficient. Using a programmable thermostat also allows you to pre-set the temperature in the office, ensuring that it is at the ideal temperature the minute your employees walk in. Regular tune-ups can also prevent HVAC problems that can affect the comfort of the office.
Employees often only receive feedback when they are doing something wrong. Too much negative feedback can hinder an employee’s ability or desire to do a job well. Make sure any necessary negative feedback is paired with constructive details, and always give appreciative credit when it is due. Appreciation can significantly increase the overall morale of the office. When employees feel appreciated, they are less likely to seek alternative employment.
Paying too little money makes it difficult to retain employees. Some businesses will even find it difficult to hold onto quality employees when paying a rate that is average. Employers may need to pay above industry standards in order to retain good employees. The good news is that increasing their pay may serve you well in the long run. Employers can spend thousands of dollars each year on employee retention.
When evaluating income, it is also important to remember that income includes employee benefits. Even if you are not in a position to pay more, you can offer better health care or work perks such as gym memberships or free coffee in the office.
Failing to value the happiness of your employees can be a costly mistake. A business is only as successful as its employees, and keeping them happy is the first step toward business success.