What are the efficient ways of keeping employees work for you

0 votes
I started my own company a year ago and now that we are doing good in the market, I want to keep my employees continue working for me. Can anyone share their ideas how can I do that?
Sep 5, 2019 in Career Counselling by Prashanth
894 views
The best way is to pay them well and recognize their contribution to work along with extracurricular activities such as parties, games, etc to have work-life balance.
I don't mind working for the same employer unless the job is challenging instead of being mundane/monotonous!

2 answers to this question.

0 votes

Hey Prashanth, as a leader or founder of the company it should be your utmost priority to have good employee retention strategy, where you do a lot of things for employee welfare and recognizes their contribution towards company. To keep your employees working for you, you should try some of these effective ways or methods to engage your employee:

  • Spend time with your employees to know them better and understand their issues.

  • Provide them with proper resources, tools and trainings for their specific job description. It will give them more confidence.

  • Let them know how the company is doing as they are the backbone of the enterprise, and many times its success or failure will depend on them.

  • Allow them to grow, give them the opportunity to show off their skills and ability to do their assigned task. Hovering and micromanaging only results in added stress.

  • Recognize your team and their hard work and acknowledge the job done well. To be a successful leader, it’s good to understand what form of recognition works best for your staff.

  • Encourage their personal development, learn about their hobbies and interests, even as far as learning what it is they eventually want to do with their lives. Think about the company and the different areas it may specialize in.

answered Sep 5, 2019 by Anvi
• 14,150 points
0 votes
Pay them well. That's all you have to do.
answered Sep 9, 2019 by John
Well, that doesn't work in all the cases @John. If money is not the reason for someone to leave, paying them more, won't keep them back.
Everybody works for money. So maybe paying them a good amount will hold them back.
Everybody works for money. But not everybody works only for money. There are people who work for experience and don't care how much they are getting paid because they have a long-term plan. Some people work because they like what they are doing and there are people who work because they like it there and don't want to get out of their comfort zone. The main thing to do is to identify why people are leaving the company and then fix the issue. If salary is the issue, then yes, paying more will hold them back.

Related Questions In Career Counselling

+1 vote
2 answers
0 votes
3 answers
0 votes
2 answers

What are the certifications required for getting a job of AWS Engineer?

Hi, These are the following certificates you can ...READ MORE

answered Jun 14, 2019 in Career Counselling by Gitika
• 65,890 points
1,274 views
0 votes
2 answers
+1 vote
3 answers

Switching the third comapny in 4years

Hey, Actually the whole depends on you , ...READ MORE

answered Apr 4, 2019 in Career Counselling by sumit
2,149 views
+2 votes
4 answers

Opting for Masters

Since you have acquired some work experience ...READ MORE

answered Oct 14, 2019 in Career Counselling by Saurabh
• 160 points
1,248 views
+1 vote
2 answers

Is pursuing MBA better than GATE or GRE?

Opting MBA - better for marketing, business ...READ MORE

answered Apr 5, 2019 in Career Counselling by Anitha
1,270 views
+1 vote
2 answers

People in India stuck with career after working for 10+ year

Yes, it is true. As year passes, ...READ MORE

answered Apr 2, 2019 in Career Counselling by Banu
1,576 views
0 votes
2 answers

What are the job scopes of LINUX system administration for a job?

Hey Pavitra, some of the career options ...READ MORE

answered Jun 21, 2019 in Career Counselling by Anvi
• 14,150 points
4,688 views
0 votes
2 answers
webinar REGISTER FOR FREE WEBINAR X
REGISTER NOW
webinar_success Thank you for registering Join Edureka Meetup community for 100+ Free Webinars each month JOIN MEETUP GROUP