3 tips on how to retain employees
March 14, 2014 10:40 AM
1. Employees want to feel empowered with control and authority to do their jobs
Of the more than 418 Americans surveyed, Korn Ferry finds that less than 60% say they are rewarded for a job well-done.
I think going forward what were seeing, especially with millennials, money is not what drives them, says Damon. What drives them is that 1) they want to make a difference and 2) they want to feel like what they are doing is important, and they also want to feel like they are growing personally.
I think going forward what were seeing, especially with millennials, money is not what drives them, says Damon. What drives them is that 1) they want to make a difference and 2) they want to feel like what they are doing is important, and they also want to feel like they are growing personally.
2. Workplaces should create an atmosphere where workers want to stay
While 54% of Korn Ferrys participants said their workplace's atmosphere is welcoming enough to stay, approximately 15% said no and 31% were unsure about their future plans.
Companies need to think about careers and making interesting roles for people in a different way, Damon explains.
Companies need to think about careers and making interesting roles for people in a different way, Damon explains.
3. Employees want to be heard
Korn Ferry finds that approximately 35% of report that their company leaders are not good listeners.
The new way of thinking about creating opportunities for growth for people is to think about the organization chart as a jungle gym, says Damon. You dont always have to go up to grow.
The new way of thinking about creating opportunities for growth for people is to think about the organization chart as a jungle gym, says Damon. You dont always have to go up to grow.
