Best strategies for Business employers to motivate their workers

In recent years, it’s become well-known that younger professionals have increasingly embraced job hopping as a way to level up. With professionals being more qualified than ever, many won’t hesitate to drop their current position for a role that offers substantial benefits, including more paid time off, development opportunities and ample compensation.

If businesses are truly interested in retaining their current workforce, they will need to implement strategies that foster loyalty and increase retention. Below, 20 Forbes Business Council members each share one tactic business leaders can leverage to build loyalty and strengthen retention within their organizations.

Best strategies for Business employers to motivate their workers
Best strategies for Business employers to motivate their workers
  1. Develop A Culture Of Growth And Development

Fostering a culture of growth and development is crucial. Provide ample learning opportunities, mentorship and clear career paths. Recognize and reward achievements while ensuring employees feel valued and invested in the company’s success. Promoting work-life balance and actively listening to employees’ needs will foster a sense of belonging and loyalty. – Chris Coldwell, Quicksilver Software Development Inc.

  1. Be Honest And Transparent

Honesty and transparency among team members go a long way. One thing I have learned throughout my leadership journey is that employee retention doesn’t always tie to financial compensation. There are a lot of members on a team that place importance on being part of a team and knowing they are part of the larger picture. – Jordan DeBrincat Mintzas, Altree Developments

  1. Prioritize Building Relationships With Employees

Smart businesses need to prioritize and nurture relationships with employees. It’s not just enough to recognize them; you need to draw in each individual so they feel engaged with your company as valuable contributors. Rewards like digital gift cards can be delivered to where people are in seconds—quickly reinforcing positive behaviors, showing appreciation and nurturing company engagement. – Talbott Roche, Blackhawk Network

Frank Yeboah

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