Sooner or later, your employees (both field and in-house team) are going to quit their job, if you do not know how to retain them. For a business to be successful, employee retention is very critical. As a business owner, you should know how to do it right. By retaining the best employees in your organisation, you can make a lot of profits, give better services to your customers and take your business to the next level. The absence of a key employee in your business can cost you a lot.
It was found in a research that hiring new employees as a replacement and training them incurs more cost to a business than retaining the old ones. The goal of this post is not to scare you, but to make you aware of how important it is to retain employees. With the same in mind, we are going to share a couple of ways you can retain the best talents in your organisation. So, without wasting any time, let us have a look at them in brief:
Introduce a Flexible Working Arrangement
There is no doubt that salary is one of the most important factors, based on which, your employees decide either to leave your company or stay. However, flexible working arrangement is another important factor that can retain employees for longer despite of low salary. If you wish your top employees never leave your company, consider offering them flexible working arrangements and fulfill their needs.
Reward Your Employees for Achieving Their Goals
This is one of the best and easiest ways to retain top talents within your organisation for long years to come. You just need to track your field staff or in-house employees and acknowledge them for achieving their targets. There are many software and mobile applications, with the help of which, you can monitor your employees and one of them is Trackyu.
Establish a Mentorship Program
Mentorship program is not only necessary for the in-house team, but also for the on-field team. If you set up a mentoring program in your organisation, you will help your employees to be more supportive and engaged. It will encourage your employees to be helpful to their peers.
About the Author:
Trackyu is more than a sales person location tracking app that provides its users to track and monitor a wide range of activities of the on-field employees. You can use Trackyu on every sort of device – smartphones, desktops, laptops, tablets, etc. Its main goal is to improve the efficiency of your employees by enabling you to track their real-time location, attendance, performance, tour expenses, and much more at a competitive price.