Every day businesses are struggling to attract and keep their top performers. It’s a competitive marketer out there, and companies need to start getting creative with their retention and recruiting efforts. To do so, you need to figure out what makes your employees tick. A paycheque is great, but let’s be honest, it’s not the only thing employees care about.
Though money is still important to employees, many other factors regarding employee satisfaction and happiness come into play.
8 Things Employees Value
- Respect
- Appreciation and recognition
- Career development
- Meaningful work
- Belonging
- Communication
- Ongoing training
- Unique perks
- Respect
R-E-S-P-E-C-T. Aretha Franklin said it best.
Respect goes both ways. How can you expect your employees to respect you if you don’t offer the same courtesy? At this point, respect should be a basic expectation, but that’s not always the case.
Start an open dialogue between leadership and employees to set expectations on mutual respect. Hint. Hint – a good start is leading with integrity and honesty.
- Appreciation and recognition
Appreciation is a key piece in adding value for your employees. Recognizing your staff for their hard work goes a long way to maintaining happiness and cultivating a positive work culture. Providing timely feedback, shoutouts during meetings and formal awards are just some ways to show appreciation. Implementing a rewards and recognition program strategy will improve employee satisfaction, and when employees are satisfied, you’ll see productivity rise.
- Career development
Do you want employees to stick around? Give them something to work towards. No one wants to be stuck in a dead-end job. Make your company somewhere people can see their present AND future. Offer opportunities for your team to grow their skills and advance their careers. So when you ask them where they see themselves in 5 years, hopefully, it will be with you.
- Meaningful work
Employees want to be part of something bigger than just their daily to-do lists. Seeing how their individual work contributes to the company’s mission and goal gives employees a sense of purpose and meaning. When you feel like you are a part of something bigger, you’re more inclined to want to succeed.
- Belonging
Everyone wants to belong. It’s a human need. Belonging in the workplace describes how an employee feels accepted and valued at their workplace. When employees feel a sense of belonging, turnover can drop by 50%. Creating a culture that celebrates diversity and inclusion opens the space for more people to feel like they belong.
- Communication
For any relationship, whether work or personal, communication is vital. Poor communication and unclear expectations are a top reason for employee unhappiness. Think about it; it would be challenging to work when your boss isn’t consistent or clear on expectations. Keeping an open line of communication will eliminate mistakes and increase efficiency.
- Ongoing training
Did you think training stops after onboarding? If so, it’s time to shift this mindset. Upskilling and reskilling employees will keep their skills sharp and stay ahead of technology advancements.
You’ll help your company and show your employees they’re worth investing in.
- Unique perks
In today’s age, life feels like it’s moving at the speed of light. Technology seems to advance faster and faster. With this brisk pace, finding a work-life balance can be impossible. Most companies offer the same basic benefits. Including unique perks that improve work-life balance will not only attract new hires but also increase the overall happiness of your current workforce. Consider adding some of these perks to your benefits package:
- Gym memberships/discounts
- Unlimited PTO
- On-site daycare
- Flex hours
IT Recruitment Agency in Toronto | About Live Assets | IT Staffing Solutions
Live Assets is a boutique IT Staffing/Recruiting firm specializing exclusively in building IT teams of excellence for the Information Technology sector.
We are a small, but productive team that works closely together and has had a 96% success rate for the past number of years!
We have a diverse number of clients and industries and focus on both full-time and contract I.T. opportunities.
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