What is your best advice to increase employee retention?

 I started polling on this and get interesting feedback. Here they are - 

1. Pay salary weekly, Change their Habit, So that they won't fit anywhere by mind and habit.

2. Go remote! Now! 70% of employees prefer to work remotely, and most of them will have a remote job in 6 months. It's up to you to decide if their remote job is in your company or in their next one.

Some of the advantages remote workers mention: - Avoid spending 2 hours a day in commute. - Spending more time with family and friends. - Select a work environment that fits their preferences - Apply to work opportunities anywhere in the world.

Searches for remote work grew 600%. Google saw a whopping increase in searches for terms like "remote work", "work from home", "telecommute", etc. People are curious about this reality that is new for so many.

Some search use cases are: - What is a remote job in the first place? - How to set up a home office? - What are the best tools for remote teams? - How to earn a better salary working remotely? So, 70% of people want to work remotely.

But only 16% of companies have gone remote. This is a huge opportunity for companies to roll out remote policies, and attract a wider range of talent.

3. Focus on culture. A high-functioning culture will buffer the effects by maintaining a sense of community. It’s easy to leave a company, but it’s hard to leave a community of people.

The old startup culture is gone for good. Personal freedom is the replacement. Stability/Belonging -> Freelance Cool office environment -> Remote based on lifestyle Company purpose / values -> Individual purpose / values Conformity to company norms -> Independence

4. Pay people more. Don't wait for them to ask

5. Regular career chats. Understand their goals, how you can help 6. Create a culture of ownership. And walk the walk on that autonomy. Don't micromanage 7. Build a compelling vision and communicate it. Explain why people should stay

8. Ultimately, you have to pay people what they're worth, give them a compelling mission to strive for, align it with their goals, and empower them to swing big and grow WITH you. And as a manager, embrace servant leadership. They're the stars of the show.

9. Give them purpose, convince them of their mission, pay them well, lead by example, limit the pay multiple between the highest-paid person and the lowest paid person, get rid of arrogant bosses, ensure gender equality of pay, implement pay scales and job grades that apply to all.

Don't give them too much stupid tasks (some is ok), make their job interesting, cut down on corporate requests, cut repetitive town hall meetings, avoid matrix structures, keep work levels reasonable, don't bother them after 6 pm, don't bother them on weekends, bring pets to work.

10. "The Great Resignation" You know how many employees we've lost? ONE! ONE person in TWO YEARS!!! WE HAVE 119 EMPLOYEES!!!! If employees are leaving you for "more money.... Don't just raise salaries... Fix your leadership! People don't leave just because of more money. They leave because they don't feel valued. They leave because no one ever gives them feedback. They leave because they have no autonomy. They leave because the organization cares more about profits than their well-being. In general, they leave because they had a bad boss.

Fill your company with Humble and selfless people who lead with love.

The resignation will not be a PROBLEM it will be your competition.

11. During performance reviews or otherwise ask what motivates the employee the most (or have their manager ask). I’m always surprised at how wrong we are when we guess. Use that motivation to keep your best players.

12. Go back to the way companies treated their employees in the 60s, 70s, and 80s (and even the 90s to some extent)

13.  Go back to the way companies treated their employees in the 60s, 70s, and 80s (and even the 90s to some extent): - Pay more than the living wage. - Give benefits packages that give them time away from work - Maintain 40-hr workweeks - Stop treating employees like commodities.

14. Provide mini trips to re-energize people.

Stop promoting people with no leadership skills just because their good at something or because it’s a political benefit. Create a fun office space and allow employees to work in a hybrid environment.

15. I put my money where my mouth is: . Remote team/flexible schedule . Revenue tied-bonuses May not work in all industries, but it’s the only way I’ve found to keep good talent in digital marketing.