According to Occupational Psychologists, the biggest factor that effects how long you retain your staff for, is how much they suit and enjoy their job role.
Companies try and offer “hygiene” factors to hopefully entice their staff to stay with them. For example: A pool table, a gaming console, duvet days, fresh fruit on ready supply, a dog in the office, competitions, dress down days, company days/nights out, finish early on a Friday, open plan offices, a table tennis table, Gym, extra days holidays and the worse thing is big pay rises. Of course, the list goes on.
So why are big pay rises the worst? They cost the most and if you create “golden handcuffs” you might well be retaining a staff member who is not that motivated and only stays for the cash. Yellow Pages did this. Ouch.
The real key to increasing engagement and retention is to ensure the people doing the specific job roles suit and enjoy them.
What we mean by “suit their role” is that their preferred behaviours (the way they enjoy behaving) match the behaviours that make someone successful at that specific job.
People whose behaviours suit the role are 3 x more likely to be a success and if you feel successful, you feel happy.
The cycle goes like this: You are being a success> you get recognition for it> so you repeat it> and the repetition makes you even better! And the cycle continues.
What do you think are the biggest factors for staff retention?
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