Introduction on Is Great Job Limited To Brilliant Payoff?
Quite more than often, the working class and employers assume that a grand payoff is the only way to attract, hire, or retain personnel. And this is exactly where all of them go wrong.
Let me elucidate with an elementary example-
Would you rather have parents who listen to you, care for you, or the parents who acts as a mere financer of yours? Clearly, the parents who support you emotionally and mentally too. Likewise, the place we work at is like our second home and thus it is essential for the environment and seniors to be warm, motivating, and appreciating towards the employees.
Hence, the dynamics have changed drastically over the years and a big payoff is not the only thing that matters to an employee even if he or she thinks so. Here are some of the things that he unknowingly seeks and you must strive to offer.
The 3 Rs (Respect, recognition, and Rewards)-
Just like getting compensated fairly employees also want to be appreciated, acknowledged, and rewarded for the effort they put in. So, take the help of HR software in India to identify the top performers so that you can give them the treatment they should be getting.
Spoil them, make work more and more comfortable for them, and enjoy the benefits.
Wellness programs and other benefits-
Retirement policy and provident funds are widely provided by companies. What different benefits are you giving to your employees? Not any? Then try to provide health, vision, dental insurance, and checkups as well.
Even better if you are able to cover their families in it. Besides, mental health is another aspect that is not paid due attention to. Appoint a therapist for your employees and make sure they go talk to him/ her by spreading by removing the stigma and normalizing it.
You can also provide advanced salary loans and wellness programs for disability and life. You can also make the program more flexible by adding pet insurance.
With so many options to choose from, compensation is clearly no more a measure for an employee or candidate to choose your company over others. It is hard to retain employees in a world progressing at such a fast pace; but by implementing these three changes to earn the loyalty of your employees, you can make it possible!