Your Leadership Link by Cullen S. Gibson, Vice President
Things You Can offer Employees That are Better than a Raise
Job Security and Stability
Research indicates that employees prioritize security and stability. The key challenge is how to provide these assurances. Surprisingly, fostering a sense of security among employees can be achieved by consistently exhibiting honesty and transparency.
When employees observe a commitment to sharing information as much as possible and as early as possible, it significantly reduces fear and apprehension about the future. The more information employees have about the company’s situation and their role in it, the more empowered and in control they feel. Even in the face of unfavorable news, being forthright builds trust and enables them to better prepare for any forthcoming changes, whether positive or negative.
Have a great week and stay tuned for Number 5!
This series been derived from the book “Love ‘Em or Lose ‘Em: Getting Good People to Stay” authored by Beverly Kaye and Sharon Jordan-Evans.