How do you retain a talented employee in your startup?

The company must keep its employees, especially the highly experienced and skilled, from resigning from the company in favor of working in another company, because the resignation of important employees...

How do you retain a talented employee in your startup?

The company must keep its employees, especially the highly experienced and skilled, from resigning from the company in favor of working in another company, because the resignation of important employees of the company will cause great loss and pressure on other employees.

This is because the search for a new employee to fill the old place is a process that costs a lot of money and time,

A company can maintain its employees by keeping them happy and providing space to develop their skills. You can do this through several methods:

Freedom of opinion
Although it may seem simple, creating an environment that allows employees to express their opinion freely is an important step. In a set of studies, organizations that allow their employees to express their opinion freely have a higher productivity and a 32% lower rate of resignation.

Some employees may not express their opinion about work matters for fear of being punished, and this is where you come in to create a safe and comfortable environment within the company.

Higher salaries
This method alone may make employees continue to work with you, so why would they resign to work for a company that pays lower salaries? That's why make sure you pay above average salaries to your highly skilled employees and reward them from time to time.

Because of the financial security that it provides to them, there are several other benefits in addition to the employees staying to work in the company, as it reduces the psychological pressure of employees, which leads to a noticeable increase in their productivity and focus.

Room to grow
Since we are born as we grow physically and mentally, our body stops growing at some point, and we still have the desire for professional and cognitive development. Highly ambitious employees need a space in which to develop their skills and experience and accomplish tasks they have not accomplished before.

The work may become boring and the employee may feel that he is not important if he continues to do the same tasks over and over for a long time and this applies to you as well as a manager, the company must provide space for growth and development for everyone working within it, the majority of employees, especially the youth group, aspire to continuous development in their jobs .

If an employee asks you to change some of his duties, take the request seriously.

Appreciation
Be sure to praise your talented employees and tell them that you appreciate the work they do from time to time. Your appreciation for your company’s employees may take different forms, such as: celebrating their birthdays, praising the work they do, financial rewards, and others.

The psychologist Ron Friedman, who specializes in motivating people, mentions in one of his books that appreciating employees with simple actions and words every short period gives a better result than giving them a large reward every year, for example. And don't forget to say "thank you" when an employee does a service or task for you.

Administration
Surely you have heard before that micromanaging an employee reduces his productivity and not only that, micromanaging a highly productive employee may make him resign from the company.

Your job as a project manager is to give the task to the employee and set clear expectations about the required results, and the employee will find his or her own way to finish the task. If you are explaining to your employee step by step how to finish a task, stop doing it immediately.

And of course you should hire the right people for the job, people who are able to get the job done on their own effectively and in a timely manner.

Flexibility
One of the useful steps is to provide the option of a teleworking system or a hybrid work system that mixes office work with teleworking.

Providing a flexible system to work in your company increases the retention rate of highly productive employees in your company.

Providing a flexible work system that supports the employee’s balance between his personal life and his work and this is an important point, David Ballard, a specialist in psychiatry and interested in the psychological aspect of employees says: “Focusing on extracting the greatest benefit from the employee is no longer a beneficial method, the employee must feel that he is part of The institution and that this institution provides him with a positive work experience is part of a happy and meaningful life.”

Offer extra vacations
Offer the most productive employees in your company extra days off from time to time, these are the best employees in your company, you can trust that they will complete their work to the fullest and will also enjoy several days with their family and friends.

What are the other benefits of the happiness of the company's employees?
The happiness of the employees is a precious thing for the company because it brings it many important benefits in addition to the employee’s survival and not his independence, and these benefits are:

1. Happy employees are smarter

Studying for Swarthmore University; Employees make better and smarter decisions if they are not subject to fear and anxiety, and to remove the fear factor you must put your trust in the employee and show your appreciation for them.

As for the worry factor, you can remove it by providing the employee with financial security and providing a more flexible work schedule.

2. Happy employees are more creative

Another Adobe study found that employee satisfaction increases creativity, and employee creativity is an important factor in your company's growth.

3. Happy employees provide better customer service

Customers appreciate dealing with happy employees, because they care more about work and provide a higher quality service.

Increased customer satisfaction increases your company's profits and improves its reputation.

4. Unhappy employees are less productive

In a Social Market Foundation study, two groups were given snacks and watched 10 minutes of funny videos, and the second group was not served snacks or watched funny videos.

The researchers found that the first group were more engaged when they started working and were 12% more productive than the second group.

5. Happiness is an epidemic

Happiness spreads and affects the whole team.

When you create a healthy and happy work environment, you will have a positive impact on the company in many ways.

High-performing employees who always complete their work to the fullest and always put forward creative ideas that develop from work The company is a very valuable factor in the company, and one of the most important reasons for its development, so you must keep them.