There is talk on the web about retaining great employees and the way some of the articles are written about the subject you would think a lot of companies have a real struggle to get and keep great employees.
Not sure what makes the employees “great” employees other than the fact that if they are the ones leaving the company they obviously have options elsewhere.
So what would I do if I had a company with employees and I wanted to retain them without going over the top and paying them huge salaries obviously …
Allow home working
Allow the employees to work from home as and when they choose to.
Less hours in work day
Expect 5 hours “in the zone” work from each employee each day but pay them for 7.5 / 8 hours.
Allow the employee to revise skills, have breaks / lunch, collaborate with coworkers, work on personal projects, exercise or even depending on your limits allow the employee to occasionally take the rest of the day off in the 2.5 / 3 hours spare.
Alternatively if the employee really wants to, the employee can carry on with his / her workload. It is up to the employee what he / she spends the 3 hours doing each day.
Some afternoons could be spent doing group activities whether work related or fun related.
Also note that the above idea is not an excuse to compress more or the same amount of work into less time. If that happens then the above advantage has obviously been nullified.
20 to 21 days holiday entitlement a year? Increase it. I think for every 8 weeks worked an employee should get around 5 days off work.
Lunch around a big table together
Have the whole company eat lunch together every working day around a big table or multiple tables if needed.
Once a month meal
Once a month take the employees out for a meal, paid for by the company.
Every 3 months have an employee activity day
Every 3 months arrange for there to be a fun activity day such as paint balling or some other group fun activity.
Have an open culture
Set the tone of the workplace as a place where people can ask work related questions of their teammates. Work related mistakes should not be jumped on but merely highlighted in a nice way.
These are the points I would implement in my business if I owned a multi employee business. Not all the points would have to be implemented but the more points the better. I would only apply these rules if the staff where regular employees, the rules would not be applied to contractors. Obviously if the workplace is toxic then none of the above points apply and employees will leave anyway but that is a different topic of discussion.