Most businesses would rather avoid having to continually hire for the same positions over and over again. This means employee retention is essential for most business models to prosper. Therefore, whatever a company can do to motivate its workforce and keep employees happy will help with retaining workers while also making the business model more efficient and ultimately more profitable.
It does not matter what age a worker is, having a purpose is one of the main motivators for employees. This is true for Millennials as well as baby-boomers. Although this may come natural for certain enterprises which have real world-changing missions, most business models have more down-to-earth purposes. Therefore, it is important to design how workers are managed towards giving them a sense of individual purpose where they feel they are able to learn, grow and develop.
One of the best methods for developing this sense of purpose for workers on an individual level is by creating goals and milestones for each employee. This will help each worker realize a potential career path with the company which allows them to develop and grow professionally. Managers should consult with employees regularly on their progress and give feedback on their performance.
In order to provide the personalized treatment necessary for each employee it will be important to keep track of the various milestones each worker has achieved. Betterworks Software provides a platform which helps managers keep track of the career development for individual employees in the workforce. The software has already proven to be effective with 25 companies posting around 20,000 milestones for their workforces.
Learn more about Betterworks – https://www.owler.com/company/betterworks