What Can You Offer Your Employees Beyond Salary?

What Can You Offer Your Employees Beyond Salary?

Can only salary make your employees happy?

Let’s find out…

Yes, employees do work for salary, but that is not all of it. There is so much more that employees look for, and if you are to retain them, then you have to be able to offer them that. We will see some of them in this post.

Growth

Good talent does not like to linger. Good talent likes to take leaps, and grow themselves in their career. A growing organization would offer them this, and this is what you should be to be able to retain them. When there is no end in sight, employees would not be very enthused about putting in a hard day’s work. On the contrary, if you are able to show employees that they have the space to grow, not just professionally but personally, then you will not just retain them but also get the best out of them.

Learning opportunities

Following growth closely are the learning opportunities that organizations can offer their employees. Not everyone works just for the salary – some do because they like the learning opportunities that organizations have to offer. People like the challenges learning offers, not to mention the fact that it helps them get ahead in their job roles. Therefore, ensure that your workplace has lots of learning opportunities to offer.

Culture

Workplace culture has a profound impact on all the employees, even though you don’t think too much about it. Culture shapes employees and allows them to slot in and perform their tasks. It also helps with transparency and clarity at the workplace, and therefore, it is very important that you have the right culture. Good culture will help nurture employees and get the best from them. Also, culture must be one of the parameters on which you evaluate new hires – if you feel that the employee will not be a good cultural fit even if she or he has the right qualifications, you should not make the compromise and hire them. Indeed, culture is dynamic and will be taken forward by the new hires; make sure that you get the right ones.

Trust and autonomy

Employees don’t like it when you breathe down their necks; they prefer that you let them complete their tasks in peace. If you are too controlling a manager, chances are that your employees will just do what you ask them without initiative or pro-activity. They work more to please you than to complete the work to the best of their ability. Also, if they could indeed satisfy what you ask from them, they will not push themselves any further. That’s why it is a good idea to trust your employees and give them the autonomy and space they need to work. You will anyway have appraisals and reviews – make sure that you measure performance accurately, and for those who can perform well even without supervision, you can rely on them to get the job done.

Rewards and recognition

Who wouldn’t like to be recognized and rewarded, huh? One of the things employees work for is recognition, and if you can give them that, they will be very happy and will stay with you for a long time. Look to constituting a rewards and recognition program for employees so that they can celebrate their work.

I hope you learned something from this article. If you have something to add, please use the comment section below.

 

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About James Maron

James Maron is an author at SutiSoft, Inc. He shares his views on SaaS and Cloud-based business management solutions.