Several times per week I take a look at my Google Alerts and see what has come through. One of the alerts I have set is on the topic of employee morale. Another is set for the topic of employee retention. Today the first two alerts I clicked on frightened me……………….
Two so-called experts gave lists on how to improve morale and retain employees. One had a list of 5 items; the other 7 items. Both of these experts included pay raises and bonuses right up at the top of their lists.
Now I double checked just to make sure these articles were written in 2011. They were.
Seriously? Pay raises? Bonuses? 2011? These are “experts” on employee matters?
Don’t get me wrong; there are companies that are still offering cash to improve morale. They are not in the majority; and the pay raises that I have seen given by client companies are hardly anything employees are taking to the nearest BMW dealer. Heck they’re barely covering the gas to get people to the grocery store these days. And they’re certainly not increasing morale or keeping good employees from visiting Monster.com and Careerbuilder.com
But here’s a couple of sure-fire ways to keep morale high in these turbulent times.
80% of employees who leave a job, leave their employer because of bad supervisors. Yep, 80%. They don’t leave because they don’t enjoy the work. Take a hard look at both of these thoughts and maybe your morale and retention issues might not be issues.