Increase wages
No matter how devoted an employee is to his job, first and foremost, it is his source of livelihood. And if you have to think not only about how to do your duties quickly and efficiently, but also about how to live until the next paycheck, this will not only lower a person’s motivation, but also encourage him to look for a higher-paying position.
Any company has limited financial office 365 database resources, and it is not always possible to promptly increase salaries. Then you should think about how to change the payment system so that employees have the opportunity to earn more. Perhaps you should offer them participation in additional projects or establish a percentage of transactions as a reward, which will be due to the person responsible for concluding the contract. It will be useful to listen to the wishes of the employees themselves on this matter.
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Provide additional monetary and other incentives for employees
It happens that the salary in the company is quite competitive, but specialists still quit. In this case, for employees who solve complex problems and demonstrate high performance, a system of additional compensation can be introduced.
The advantage of this measure is that it can only be applied when certain indicators are met, and therefore not everyone will be rewarded and not regularly. At the same time, employees’ understanding of the possibility of receiving more when achieving a given result becomes a good motivation.
Sabbatical: Career Timeout
Every organization provides employees with vacation. Its length varies throughout the year, and the entire period is rarely provided at once. The vacation is not always enough to fully recover and return to work with renewed vigor.
A sabbatical is a long, uninterrupted leave that can last for a year or longer. The employee retains his job and continues to receive his salary.
Sabbatical
Sabbatical allows a specialist to fully relax, recharge with new ideas, and ultimately disconnect from management and colleagues. It is very effective when a person is in a state of professional burnout, and then almost the only solution to the problem is to release him from work for a long time. Initially, such a measure was practiced in educational institutions for teaching staff. Then many of the world's largest corporations, such as Google, adopted the experience.
The sabbatical may be disadvantageous for the employer, because the employee is not at work, but the money is being paid to him. However, the employee will appreciate such a measure. Considering that this is not very common in Russia, it is unlikely that an employee who receives a sabbatical will want to quit.
Implementation of financial well-being programs
During the COVID-19 pandemic, many employees faced the threat of being laid off. Those who managed to keep their jobs faced a drop in income.
In order to retain an employee with reduced motivation to work in these conditions, it is necessary to provide employees with financial support. Of course, it is difficult to increase salaries, since enterprises have also faced a drop in income, but other measures can be used. For example, you can establish a flexible salary schedule, help employees pay off a loan, provide them with targeted subsidies.