One of the hardest aspects of running a business has to be keeping your employees motivated. At the end of the day, in a country like Singapore where the business world is so competitive and the cost of living is famously high, it can be hard to retain your best talent. Many people will no doubt be looking for where they could potentially make a little more money, but you’re not always in a position to be handing out huge pay rises in a bid to keep your employees loyal.
Unfortunately, those monthly meetings where employees will hear about your latest innovations and targets won’t be enough to keep them interested in the future of your business. Sure, some of your staff members will work hard to earn their promotions and climb the ladder over the long term, but it takes more than the standard company incentives to really achieve complete employee engagement in Singapore. In reality, you may have to think outside the box a little to think of ideas that will result in your employees feeling truly appreciated.
This article will discuss a few ways in which you can make your team feel valued, but you might want to consider partaking in some extra training yourself if you want to make your employees know they really matter. After all, making sure you keep your most talented staff members is just as important as finding them in the first place.
Make Sure Your Employees Feel Valued
In a competitive nation like Singapore, many of your competitors will be trying to steal your most productive employees. Here are a few ways you can make sure your most talented employees stay loyal to your company.
- Make sure you’re polite to your staff – It might sound like common sense, but you’d be surprised by how many people feel their boss doesn’t make any time for them. The odd smile and a question or two about your employee’s life will help make them feel appreciated.
- Ask your employees how the company could be better for them – It’s all too common for business owners and managers to ask their staff about how they could do better for the company. The problem is, many of your employees simply need a job. Make sure you ask them about their needs from time to time if you want to earn and retain their loyalty.
- Have your managers undergo training in employee engagement – If you’re the owner of a large company with hundreds of employees, it’s understandable can’t get to know them all on a personal basis. Your managers, on the other hand, need to know how to maintain a good working relationship that builds trust. Have them undergo some training once in a while.
Needless to say, you’re not going to earn the respect and loyalty from every employee you hire. However, the more employee respect you receive, the better results your business will see. Make sure you stay up to date with the latest employee engagement methods.