Retaining and keeping your top performers motivated is never just about the money. Often it comes down to the recognition they receive and the rewards they can aspire to beyond the bonuses.
Staff engagement surveys regularly reveal that employees believe non-monetary forms of recognition are a strong motivation to stay with their current employer.
From personal experience, I always found that my teams were far more driven to achieve if they knew there was an afternoon of sailing coming their way if they made budget, or that a day off or weekend away were up for grabs for ‘outstanding achievement’.
One thing most people need is recognition that they are doing a good job. Non-existent feedback breeds negativity and lethargy. We need to know we are appreciated for what we do and, when we are, we are more likely to try harder.
Our friends at Ajilon have come up with an awesome infographic with some great tips on how to improve your staff retention strategy.
Author
Paul Slezak
With over two decades of experience in the recruitment and human capital industry, Paul Slezak has established himself as a transformative force in the realm of leadership and career coaching, group facilitation, and talent acquisition. His unique perspective, drawn from his early career as a leader in global recruitment firms and his entrepreneurial success with his own start-up, has enabled him to make a significant impact on leaders, teams, and organizations across the world. Paul's passion for helping others achieve success and high performance is evident in his commitment to transforming leaders and their teams at local, national, and international levels. He specializes in promoting the importance of human-centered intelligence, focusing on soft skills such as authenticity, transparency, and trust to complement business-centered acumen and drive better workplace outcomes. As an impartial facilitator, Paul brings his expertise to team offsites and strategy days, ensuring alignment on goals, values, and culture while keeping participants on task. His engaging and energetic presence, coupled with his unique "entertraining" and "edutaining" delivery style, enables him to connect with audiences both large and intimate, sharing personal and professional anecdotes that inspire and energize.
