You care about your employees and want them to excel, but one of your biggest concerns is building them up only to have them leave you behind, moving on to potentially bigger and better opportunities. While you want these individuals to succeed, the goal is to get them to do so within your organization rather than leaving and working for someone else. Despite having a rational fear of losing good employees, there are several steps you can take to overcome that fear while continuing to provide the support and guidance your employees need to become the absolute best at their jobs.
#1. Keep a Positive Mindset
When it comes to good leadership and retaining employees, it's best to lead by example and keep a positive mindset. If you're always on edge and easily aggravated when something goes wrong, it'll make employees feel uncomfortable. You don't want people to feel like they have to walk on eggshells around you because they'll be reprimanded for making an honest mistake. Instead, you want your employees to feel comfortable enough to come to you and confide in you, even when they're struggling and unsure what to do next. While some days are more hectic than others, staying positive can help you set an excellent example for your employees, making them want to stay with your company instead of leaving and finding work elsewhere.
#2. Provide Advancement Opportunities
One of the most common reasons people start looking for a new job is because they feel like they've hit a plateau at the current one. If you're not offering advancement opportunities and there's no way for your employees to climb the ladder, work their way up, and earn even more than they did when they first started, they have nothing to look forward to by sticking with the job. Lack of promotion would cause anyone to feel undervalued and unappreciated, no matter how much they love what they do. Don't just build your employees up. Focus on helping them reach new goals for themselves so they can get to a point where they're moving up in life and are earning more for their hard work and consistency.
#3. Be the Kind of Boss You’d Want to Have
Try to be the kind of boss you'd want to have by putting yourself in your employee's shoes. You know you wouldn't want to have someone yelling at you each time you made a mistake, and you wouldn't want to deal with a toxic boss who didn't take the time to listen to your concerns. Be supportive, encourage creativity, and don't be afraid to ask for feedback. Find out what you can do to improve as a leader based on the responses you've received from your employees, and work hard each day to be better than you were the day before. Showing a consistent effort in being a boss that people can appreciate will help you retain the employees you're building up through positive reinforcement, team-building activities, and genuine one-on-one support.
Building your employees up is a good thing. However, you may be worried they'll leave your company and use what they've learned while working for someone else. While it's normal to feel that way, as long as you're making an effort to be there for your employees and provide support and guidance while offering opportunities to advance, you can expect your employee retention rates to increase.