Developing your small business to the extent that you need to take on employees is particularly difficult but extremely rewarding, as every now and again you sit back after putting in the hours at work and realize that you’re no longer a sole trader and are working your way towards becoming a medium or large sized organization.
Whilst recruiting employees is a difficult task in itself, what a lot of small businesses struggle with is ensuring that none of their employees leave because they’re unhappy in the working environment.
To ensure that this doesn’t happen within your small business, the following information gives you some ideas on how you can keep your small business employees happy and content with their part in the company.
Ensure that you’re abiding by the minimum working standards
Although something that you should be doing normally as an absolute bare minimum, it’s always worthwhile checking for any changes in the minimum working standards for your industry and ensure that you continue to abide by them at all times – it might only be a simple thing, but if you’ve got a quiet employee who doesn’t want to speak up if you’re doing something wrong, this small change could make the world of difference to them.
Provide something above and beyond what’s expected
Whether it’s additional holidays, a company car or an employee benefit scheme, a particularly great way to keep employees happy is to offer them something that they wouldn’t normally expect within their role.
You don’t have to spend a lot of money on the extra perks – it could simply mean being more flexible with their working hours – but by making the role within your business more appealing than at a competitor’s company, you’ll instantly reduce the likelihood of the employee looking elsewhere for work because they’re unhappy.
Offer an attractive salary
Although it’s said money can’t buy happiness, offering a salary above the generally accepted rate for the job in question will help tremendously to keeping your employees happy.
Again, it doesn’t need to cost you a fortune, but even by offering 5 or 10% on top of what would be expected, you can be sure that you’re making the position particularly attractive.
Treat your employees how you would like to be treated
It might sound like somewhat of a cliche, but by treating your employees how you’d like to be treated if you were in their position, you can be certain that you’re not making the position one that no one wants.
You do need to be realistic in your thoughts – you might want $70,000 a year for working in a job where the average salary is only $35,000, for instance – but by making the role suited to your needs and desires in a way that’s possible, chances are it’s going to be suited to others, too.
Whether you realise it at present or not, there’s a huge difference between being a business owner and being a manager of staff and whilst both are difficult, if you’re not taking into consideration the needs of your staff, you’ll soon find that being a business owner is something you’ll only be doing for a little while longer.
This post was originally featured on April 5, 2011.