An employee retention policy is the set of rules and regulations that employers use to keep their employees from quitting. Think of it as a set of company guidelines that keep your employees loyal and satisfied, their needs met and their accomplishments recognized.
When Fortune magazine asked former CEO of PepsiCo, Indra Nooyi, what the most important leadership advice she received, Nooyi said, “Whatever anybody says or does, assume positive intent.” It makes for a smoother conversation with your peer when you assume good intentions.
Feedback can be given in three ways: Through constructive feedback, recognition and praise, and criticism. When it comes to helping your peers achieve success, don’t fall into the trap of focusing on just positive feedback and criticism.
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Showing appreciation to your coworkers is essential and choosing a day to celebrate each other is the perfect opportunity to do so! Not only is this good for morale, but the statistics back it up.
If traditional performance management isn’t cutting it, consider taking things a notch up with continuous feedback performance management: the high-powered way to get results!
For a lighthearted way to share your gratitude to a coworker, send a coworker appreciation meme! You'll both get a good laugh and your coworker will feel good knowing they are appreciated.
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