The secrets to cultivating committed and loyal employees
Substantial relationships trump a flashy company name or even “better-than-the-rest” pay packages when it comes to cementing employee loyalty and commitment, says Johan Botes, group CEO of Consilia Technology, an ICT consulting firm .
He says that employees are far more likely to commit to your company if they have relationships with co-workers and superiors than just financial incentives.
“They find meaning in these associations. Without this, they are a lot more likely to search for workplace satisfaction elsewhere,” he says.
3 essentials Botes says an employer needs to do to help build employer-employee relationships:
- Build a relationship that shows genuine interest in your employees.
- Form personal connections that go beyond strict work requirements and performance.
- Find out who your employees are and what makes them tick.
These strategies, says Botes are some of the fundamentals to gaining employee commitment.
Key factors to follow to earn your employees trust according to Botes are.
- Lead by example
Along with a mission that all employees understand and can get behind, leading by inspiration, example and being consistent are critical, says Botes.
“Don’t worry about mistakes while implementing the mission. As a CEO you should be bold enough to admit lapses and discuss them with your employees. Discussing your thoughts about future priorities will give employees the feeling that they are “in the loop” and in it for the long run.”
- Mentor your employees
Helping your employees grow professionally and providing them with genuine feedback and direction is an important part of cementing commitment and trust, Botes says.
“Ask your employees for input and challenge them continually to live up to their potential. Spot your employees’ talents and skills – and make sure you nurture them.”
- Give your employees freedom
Botes says you should allow your employees to leave their comfort zones by providing them the independence to create solutions to tasks, even if it means making mistakes.
“Employees who understand their role in the business contribute to its success. It is only at this point that employees will take ownership.”
- Give your employees a purpose to commit to
While money and perks are important to employees, Botes says, “Real motivation comes from within, from the feeling of purpose and creating an impact. This is what makes and keeps employees committed.”