Keeping Your Best Employees Part II

A business owner I used to bank years ago called me out of the blue yesterday.  He came across my blog and read the post “Keeping Your Best Employees”.  He lamented that he recently lost two employees who decided to go out on their own.  He’s fearful that he may end up losing additional employees to this new start-up once they get going.  This is a typical business owner; very successful, on task, a very hard worker, and he always treated his employees fair.  That being said he probably wasn’t the best motivator.  

Employees today have a real fear of being fired or laid off permanently.  Not only are they looking for a job they are looking for reassurances, real connections with their superiors, and they are looking to be motivated.  That being the case its important that employers know how to motivated and engage their staffs.   Here are a couple of suggestions that I shared with him to reach his remaining employees.  What about upgrading certain job titles even if you are unable to increase the pay, you can always increase the pay at a later date.  People appreciate and value higher titles such as assistant manager, manager, and supervisor.
Consider letting some employees work from home as long as their job duties allow them to.  Your employees will love this one for the sheer fact that they won’t have to get up early, get dressed in business clothes and be tied to a desk all day long.  Remember to keep up the weekly or even monthly meetings. This gives your employees a chance to vent and discuss their job duties and roles and provide solutions and suggestions wherever they can.  In turn it makes them feel more needed within the company. 

I recently heard a great quote “when people are focused on surviving, they forget that the end goal is thriving”.  Always be frank about current circumstances, but demonstrate a positive view of the future.  You know it’s coming even if you don’t know just when that thriving future will arrive.  

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Branch Manager that has worked in the small to medium sized business lending field. I have experience in all types commercial lending and I'm here to provide insights from a lender's point of view. I hope to impart some knowledge that can take your business or profession to the next level. I currently work as a Branch Manager at the 10th & Bannock Office for Banner Bank in Boise, Idaho.

Posted in Business, Employees, Jobs, Motivation

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