Page 53 - How to Motivate Every Employee

Don’t worry about employee
retention
Retain your employees

For a manager, it all comes down to keeping the people who keep
your business in business. Is your culture one that turns people on
and gets them excited about coming to work? Are all employees
treated with dignity? Do their jobs have a meaningful purpose?
That’s important to retaining your best employees. It’s only natural
that people want to work and stay at a place that embraces caring
and respect for others.
When you hire and invest in people, you create a valuable asset,
and you want to hold on to them and keep them feeling motivated.
So what have we found out about doing this? Research and surveys
have proven time and again that it’s not about the money, titles, or
shareholder value. And let’s face it, you may not have much power to
control those aspects anyway. It all comes back to creating an envi-
ronment where people want to work and will do just about anything
to get hired and keep their jobs.
Managers who understand this work toward building a reputation
in their organization that says, “Everyone wants to work here.” The
Men’s Wearhouse is a good example of high employee retention. New
hires spend about four days in one of the 30 sessions held yearly at
the corporate university. The cost to the company? A cool million.
The return on investment? Lower turnover than any of its competi-
tors in the industry. And all managers know that the hiring process is
complicated, time-consuming, and filled with uncertainty. Minimize

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