Retention of staff is key to keeping productive, motivated and talented people who foster a positive work atmosphere. Here are some key factors to consider when thinking about boosting retention in your team.
Culture
The culture of a company is quite important. It gives the employees a sense of belonging and something they can connect with. Being a truck driver in the transportation industry has a culture that gives you a sense of responsibility and keeps you motivated. Culture in a business is about fostering environments where people want to come to work every day.
Career pathways
There is nothing like working in a company that helps you develop and grow your career. We all look for ways to earn more money and to be rewarded for what we do. The aim is to create a team that is equal and that motivates and encourages one another to do better. This is through visual progress and career pathways, where people can drive their own success, rather than relying on others to create opportunities.
Reward and recognition
Imagine working for a company that gives you insurance, offers gym memberships, access to discounted food, gives you an end-of-year bonus or takes you on a treat for a job well done. Who wouldn't want to be associated with a company like that? Acknowledgment and recognition doesn’t have to be a financial burden though, it’s about creating an environment that gives praise, and shows staff they are valued and appreciated for their work.
Work conditions
Success Formula has been at the forefront when it comes to improving the conditions of our truck drivers. Helping leaders understand work/life balance and ensuring that they are open to policy and approaches that focus on employee experience. Making work flexible through utilising technology to make life easier, not harder for those out on the road.
Designed and managed work
Ensuring truck drivers work on a well-designed and managed schedule doesn’t just mean a reduction in unproductivity, but that staff also feel valued for their contribution. Employees who feel supported, who don’t have the tools and resources or who aren’t given feedback are set up to fail. Ensuring that work is designed and managed for their skills, and that leaders are consistently checking in will ensure a culture that retains staff.
Well-being
Success Formula focuses on helping leaders discuss and understand wellbeing. This involves paying their wages on time, working the normal hours, and getting paid for the extra services they provide. Companies that prioritise physical, mental, economic and emotional wellbeing will boost retention through individual resilience and employee safety.
Interested in learning more about Success Formula and how we can help you build a business environment that retains new hires, and re-engages current staff, all while boosting employee morale?
Reach out to kelly@successformula.co.nz for more information on how we can support you and your organisational goals.
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