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Five Ways to Retain your Most Valuable Employees

According to the Bureau of Labor Statistics, over 2 million American voluntarily leave their jobs every month, and a report by Forbes says that number is rising.

Healthcare workers are in higher demand than ever, so it is important for companies to retain their current high-performing employees to be successful.

To aid in that mission, the report gives the following tips to leaders:

TAKE CARE OF YOUR EMPLOYEES

To do this, simply ask your employees directly what they need in order to feel engaged and highly satisfied in their jobs. After you discover what they desire, respond accordingly. Having this conversation with your current employees can increase job satisfaction from the start. However, it’s very important that you don’t just ask the question—as a leader, you must also show you’ve considered and responded to their feedback.

EMPOWER YOUR EMPLOYEES

Allow your employees to take over ownership of their work, let them demonstrate innovative ways to problem solve and allow them to do so without unnecessary intervention. This is especially important with millennials, who report feeling like their own boss as an important factor in job satisfaction. Giving your employees more free-range when it comes to accomplishing goals is also a way to empower them. Try allowing a work-from-home day, or establishing more flexible office hours.

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ELIMINATE POLITICS

Leaders have the power to eradicate unwanted behaviors, attitudes, and agendas within the office. Be on the lookout and identify when bad politics are affecting the group, act quickly and declare the behavior unacceptable. If needed, let the leaders of the pack know that type of behavior is unacceptable. Your team needs to know an office without disruptive politics is non-negotiable.

BE TRUSTWORTHY

When employees feel as if a manager is unfair, dishonest, or deceitful, they flee. It takes time to build trust, but when leaders have a positive attitude and prove themselves to be dependable, reliable, honest, and ethical, employees are drawn to them. People enjoy working for those who show openness and transparency in the workplace.

RECOGNIZE YOUR EMPLOYEES

Employees find real-time feedback to be not only instructive, but also rewarding. Praising your employees for good work lets them know they are valued and appreciated, and often leads to even more industrious work. Forbes also reports this type of feedback increases job satisfaction and engagement levels.

Do you currently make a habit of these five behaviors? If not, both you and your company could be facing some personnel issues in the future. Working hard to ensure your employees feel valued and satisfied in their current position is a sure-fire way to keep them around.