Tips to Keep Your Employee Satisfied

Tips to Keep Your Employee Satisfied

“Employees are a company’s greatest asset – they’re your competitive advantage. You want to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company’s mission”Anne M Mulcahy

The real strength of your business lies not in your monetary assets, but in your employees. A successful business is possible only when your employees not just need to work for you, but want to work for you. We have all heard of mediocre supervisors and managers who take their team for granted, do not respect their efforts, do not appreciate their diligence and do not offer rewards. The end result? Employees leave – and some of them are actually wonderful – and your business just got weaker.

A while ago, we made a blog post on how to demonstrate the proper attitude towards your clients. The same applies to employees too. Unless you – as a business owner – display good attitude, you are never going to get loyal employees. Remember that respect and loyalty has to be earned, and in order to earn them, you have to show the same.

Employee dissatisfaction is widely regarded as the one of the main reasons for high turnovers at companies. When you are owning your business, especially, you cannot afford to lose good workers. Much like in marketing where it’s more expensive to acquire new customers than maintain a satisfying relationship with current customers, employers too will find that hiring and training new employees uses up many more resources than keeping your current employees happy.

Many employers blame lack of monetary incentives for the employee turnovers. The common complaint is: “How can I give them a raise when I am struggling to get established or stay afloat!” But you actually underestimate your employees. What you need to realize is that they are not just asking for raises. While monetary incentives are wonderful, appreciation can be shown in many different ways. From a simple Thank You to a mention in your company newsletter to creating a team-friendly atmosphere to celebrating birthdays, there are multiple non-monetary rewards that will work wonders! In fact, some studies have shown that although monetary rewards are good for the short-term, non-monetary incentives create a lasting emotional connection that encourages them to stick by you through thick and thin.

End result? Your business just got stronger!

Click on the attached word document (below) to learn more about some simple, yet powerful techniques to keep your employees happy, thereby creating a cohesive environment that enables growth and profitability. Note:The article was taken from