Greater Cheyenne Chamber of Commerce Business Journal Q4 2014 | Page 46
Beyond Raises:
How to retain top employees
Originally published by Touchpoint Media
By: Heather Chaet
As companies grow, so do the wants and needs of
employees. And with an improving hiring landscape, your
star staff members may be looking around to see what
other opportunities are out there. How do you keep your
top employees from leaving, especially when a raise is
beyond your bottom line? We chatted with small business
owners to see how they retain their best-performing team
members.
to keeping top team members. “I offer employees
the option to set their own schedule,” says Leanne E.
King, President of SeeKing HR, a human resources
consulting firm. “We have an employee who recently
changed her work schedule so that she could teach a
yoga class at a local gym every morning. She comes
in every day energized and ready to go. Such a small
shift in hours made an enormous impact in her worklife balance.”
Make sure your business philosophy is more than words
Money can’t buy happiness, nor can it always keep an
J.P. Medved, editor-in-chief at Capterra, an online
employee in your ranks. What does make a difference?
Believing in what the company stands for. “If an employee directory of business software vendors, agrees
flexible hours are optimal for retaining employees,
believes in the company’s philosophy and really feels
and also results in optimal work
that he or she helped customers
production. “Employees can pretty
with their lives, the employee’s job
as they please,
satisfaction rating goes way up,”
”We think freedoms much come and go is getting done
provided their work
says Andrew Thompson, CEO and
president of PEAK Performance,
contribute to an to a high standard,” says Medved.
Not only does this make it easier
a business development company
based in Chicago, Illinois. “When the environment where for people to deal with life outside
of work (picking up kids, waiting for
opportunity comes, and more money
people feel like
the cable repairman), it also lets
is offered elsewhere, it doesn’t
matter. Money is not the issue.”
they are treated people work when they work best
and allows them to be much more
Though it starts when you hire
like adults, and
productive HY˂