As employee retention increasingly becomes a priority for all types of healthcare organizations, it’s in the best interest of leaders to seize opportunities to increase job satisfaction amongst their team. According to Gallup, an astounding 51% of workers are looking to leave their current jobs. With more than half of U.S. workers dissatisfied with their employment status, healthcare organizations are tasked with creating a culture that both attracts and retains top talent.
Fortunately, there are many low-cost but very high-impact rewards that can have a long-term, sustainable impact on your employee retention efforts. Here are some of the best ways you can enhance employee satisfaction and drive growth to your organization’s bottom line.
A formal mentorship program can help employees of all backgrounds and experience levels gain the confidence to grow within your organization. Through mentorship, employees can receive meaningful guidance and feedback. It’s also key to provide an outlet where employees can confide in colleagues, because it establishes trust and creates a rewarding culture in which employees feel valued and appreciated.
One of the most popular cost-effective rewards you can offer your employees is the opportunity to live a healthy lifestyle. Implementing organizational wellness programs, such as in-house yoga classes or nutritional seminars, encourages healthy living and gives your employees resources to maintain optimal health. Additionally, employee benefits such as scheduling flexibility or vacation bonuses can also promote work-life balance and improve employees’ health and well-being. When employees are given the means to live healthy lives, they are more likely to be in good shape and ready to excel within their roles at work.
Many employees dislike being left in the dark about organizational decisions made by upper management. By seeking input from your team, you can engage your employees and encourage them to regularly contribute their talents to your organization. Offering your employees opportunities to present their ideas at meetings or conferences will help them develop their professional skills, grow in their positions, and enhance their value to your organization. Furthermore, increased exchange of information is an integral part of improving your organization’s productivity and gathering the insight needed to make necessary internal changes.
As you can see, there are ways to break down the silos and roadblocks that often lead to poor employee retention. By recognizing the value of the initiatives outlined above, you can put your employees and your organization at large on the track for success.