3 Simple and Cheap Ways to Engage and Retain Your Top Talent

Cheap Ways to Engage and Retain Your Top Talent

Are You Taking Advantage of Cheap Ways to Engage and Retain Your Top Talent?
Engaging and retaining top talent should be the cornerstone of any talent management strategy.  The good news is that employee engagement and retention does not have to be complicated or expensive.  There are plenty of simple and cheap ways to engage and retain your top talent.

What Smart Talent Leaders Do
Lots of employees grumble about their work and their workplace culture. Smart talent leaders make sure employees have few reasons to complain about either.  The best way to keep employees on board and working effectively is to keep them engaged.

Three Smart and Cheap Ways to Engage and Retain Employees
Here are three ways that employee engagement training experts recommend you can encourage employees to stay and thrive:

1.  Show Them You Care and Value their Contributions
Give them praise when it is due…often and specifically. From an engagement perspective, you will know your employees feel valued when they:

  • Believe the organization makes investments to make them more successful
  • Know leaders value people as their most important resource
  • Think the company is committed to making it a great place to work
  • Feel they are paid fairly considering the value they bring to the organization

2.  Provide Meaningful Work
When you assign important tasks, it shows you have confidence in their ability and you trust that they will fulfill their obligations in a timely and effective manner.  From an engagement perspective, you will know your employees are on the right track when they:

  • Enjoy doing their work
  • Believe their job is in alignment with their career goals
  • Are able to consistently utilize their strengths
  • Find their job interesting and challenging

3.  Be Generous and Understanding
If you want to increase employee loyalty and engagement, respect their requests for special time for family, sickness or simply a breather. No one can work full bore indefinitely. Be as generous in pay and as flexible in granting time off as you can afford.

The Bottom Line
With these three simple and cheap ways to engage and retain your top talent, you are more likely to keep your employees happily engaged…right where they are.

To  learn more about improving employee engagement at your organization, download the Top 10 Most Powerful Ways to Boost Employee Engagement

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“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

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LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

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LSA has been a tremendous asset to my portfolio, both at my current company and my past company. As an HR leader, I am always looking for ways to find external resources that can provide a solution to our management training needs. LSA does that for me. Their solutions are presented in a much more leadership-oriented manner so as to be crisp, business relevant, and easy to apply right back on the job. I will continue to augment our programs using LSA solutions.

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LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people. I highly recommend LSA’s employee engagement solutions.

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Vice President, HR and IT

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Workforce Planning Bureau

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Cutera

I continue to be impressed by the level of leadership development and management expertise and quality of advice and facilitation that LSA has to offer. What a smart and client-centric group of great people who really know how to help leaders attract, engage, develop and retain top talent.

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Sarah Parks
Senior Project Manager

Hyperion

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