Coping with
employee loss
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All companies could suffer employee loss. Hence,
it is important to be careful in making decisions during the
recruitment process. Likewise, be prepared to deal with this situation.
Successful traders would often say that manpower
could make or break a business. Indeed, no company can operate without
workers. It has been said that the output of workers are often the
secret formula for business success. The reason behind this is the idea
that good production of employees would mean positive revenue for the
company. Low production, on the other hand, can mean less profits.
Thus, it is not a wonder why many firms invest on their workforce.
But it is a fact that not so many businesses enjoy
a low turnover of employees. With the tight competition amongst
corporations today, the working class gets a variety of options when it
comes to career. This has become a problem for business owners and
managers. Employees are not stopping in their quest to seek bigger and
better opportunities. Turnover hurts companies, as it is costly. Some
may not understand, but it is tedious to train people all over again.
This is why careful decisions must be made during the recruitment
process. Companies are not just looking for jobseekers with the right
qualifications. They also look for those with the right attitude to
become members of their organization.
In case an employee stops working, either due to
absence or vacation leave, this would affect the business operation as
a whole. Hence, supervisors and managers should be prepared for this
scenario at all times. Most often, companies would require prior notice
from their employees in instances where they could not report for work.
But there are some emergencies in which they fail to give
notifications, thus creating problems. This is what higher management
should be ready for. They must draft some measures to cope with
employee loss. Finding a temporary replacement is among the top
options.
Meanwhile, companies are responsible for
motivating its employees. There would always come a time when workers
get bored with their jobs. This is a reality, thus management should
find ways to encourage their workers to do well in terms of
performance. Business owners and managers may use several strategies in
employee motivation.
One advisable move is to keep open communication
with workers. It is an advantage when you, as an owner, could develop a
talking relationship with your staff. Remember that your workers do
have opinions of their own. They will appreciate it if you are there to
listen to their views. You should also not think twice in asking them
how they feel about their present jobs.
The reward system is a common motivation strategy.
Employees must be recognized for their efforts. Hence, it is
recommended that you give some incentives to workers who have shown
excellent performance. Likewise, a simple commendation could boost the
morale of your staff. It is a fact that workers would be more enticed
to perform well if there are goals set by the management with
corresponding rewards.
In conclusion, companies must work hard to
maintain its workforce. Losing employees, especially those good ones,
could become alarming. Fast turnover would also signal loss for the
business. As a first step to prevent the said situation from happening,
companies must make employee motivation measures a priority.
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