Creating a work environment that attracts and keeps the workforce
By Greg Smith
In many industries today, jobs are going unfilled. It should go without saying, if you cannot attract and keep your workforce, then you must change what you are doing or face the consequences.
Take your pick.
Which type of place do you want to work at: one that is cold and gives you a sense no one cares, or one that makes you feel good and appreciated? Money and benefits are important, but studies show that in the long run, the work environment -- the feeling they get when they come to work -- is more important in retaining and motivating people.
People like a friendly place to work.
The friendly-factor does not require a large investment and expense, but it does require time and thoughtful consideration. Take for example a construction equipment dealership in Louisville, KY. Their turnover is almost nonexistent. This is quite an accomplishment in an industry facing massive talent shortages.
Their employees and service technicians share in a profit-sharing plan that could possibly mean $700,000 upon retirement. They are eligible to participate after one year and become fully vested after six years. No one has quit after becoming vested in this company. To further help his employees, the owner brings in a financial advisor to help the employees pick stocks, plan for retirement, or to get advice on buying a house or saving for a child's college education.
Other friendly-factor benefits:
Here are a few other friendly-factor ideas to consider:
About the AuthorThe Friendly-Factor
Greg Smith is a nationally recognized speaker, author, and business performance consultant. He has written numerous books and has been featured on television programs such as Bloomberg News, PBS television, and in publications including Business Week, Kiplingers, President and CEO, and the Christian Science Monitor. He is the President and "Captain of the Ship" of a management-consulting firm, Chart Your Course International, located in Atlanta, Georgia. Phone him at 770-860-9464. More articles available: http://www.chartcourse.com