Hang on to Your High-Performers With These Tips

When you have high-performing employees among your ranks, making every effort to keep them on board is essential. That’s why it’s crucial to take action, regardless of whether they’re showing signs of stress, job dissatisfaction, disengagement, or burnout.

You can create a supportive culture that your best and brightest will value by being proactive. They’ll become far less likely to seek opportunities elsewhere, mainly because their needs are being met.

If you want to hang on to your high-performers, here are some tips to make it happen.

Offer Competitive Pay and Benefits

While today’s professionals aren’t solely looking for high pay and ample benefits, not meeting the standards for your industry in this arena makes retention difficult. High-performers typically have choices when it comes to employment. If they feel under-compensated, the odds are good that another company is willing to step up in that department, which may be enough to draw them away.

Regularly research salary and benefit norms in your area and aim to match – if not exceed – what’s offered. That ensures your jobs remain competitive in this vital area, giving high-performers less reason to consider other positions.

Make Communication a Priority

Clear, transparent communication is the foundation of a strong team and positive culture. Make sure your employees are as informed as possible about the state of the company and any decisions that impact their employment or individual role.

Additionally, create opportunities for casual bonding. Team-building exercises and off-site events that are fun and don’t require an after-hours commitment can strengthen relationships. By cultivating a sense of camaraderie, loyalty typically grows, making it easier to keep your high-performers on board.

Embrace the Power of Coaching

In most cases, top-performers want opportunities to grow and advance and take ownership of their work. By coaching them toward success without micromanaging, you can support their development while providing a degree of autonomy.

Begin by creating pathways for advancement. Then, offer guidance and create opportunities that help them advance down that road. Set challenging but viable targets and focus on areas that allow for skill development and acquisition, making the journey as engaging as possible.

Along with helping them achieve their career aspirations, this approach boosts job satisfaction daily. Employees can use their preferred techniques as long as the results align with or exceed expectations, creating flexibility and leaving room for innovation.

Create a Culture of Open Appreciation

In the end, everyone enjoys feeling appreciated. Make sure you create a recognition-oriented culture, openly expressing your gratitude for their efforts and achievements. Additionally, encourage employees to do the same for each other, allowing everyone to showcase their appreciation for those around them.

Ultimately, each of the tips above can help you hang on to your high-performers. If you’d like to find out more about how you can boost retention among your best and brightest, the team at The Advance Group wants to hear from you. Contact us today.

 

 

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