What Does The Boss Do When Employees Receive Bonuses Then Leave The Company?
March 21, 2022
Despite being a familiar keyword, “employee engagement" is a potential keyword and needs to be focused on in 2022, according to Talentnet’s CEO – Ms. Tieu Yen Trinh. Also, she suggested 3 approaches to help strengthen businesses' trust and increase the level of employee engagement after being affected by the pandemic.
The end of the year is a time when employees start considering whether to leave or keep on working. Especially after 2021, the compensation and bonus levels of several companies are not as good as before. Despite being grateful for having a job during the pandemic, many people are still “heartbroken” by this decision.
Employee engagement will be one of the keywords that are not new but very important, that HR needs to invest more in 2022. This interaction and connection describe the level of enthusiasm and dedication of employees to the job, it is the desire to contribute and accompany the business, along with the responsibility and the effort
3 solutions to strengthen employee trust
To build trust, increase employee interaction and engagement, Talentnet expert suggests 3 solutions that managers can apply.
Don’t hesitate to share about the benefits and responsibilities: The decision to whether leave the company or stay can come from a feeling of “disappointment” when employees receive things that are lower than their expectations. Sharing benefits and responsibilities also provide employees with a better vision of their future goals. Anticipating this problem, many businesses choose to share KPIs, sit down and discuss with their employees, listen to their aspirations, and give them advice about their career roadmap in the new year. HR also needs to constantly update new policies during the year so that employees can anticipate year-end bonuses and avoid disappointment when receiving unsatisfied results.
Physical benefits show the company’s efforts after a difficult business year, but ritual benefits create a sense of assurance and safety for employees. ‘Ritual benefits’ is also an important keyword of 2021 and remains valid until 2022
By increasing the number of days off, providing medical care for their family, building employees sports and entertainment rooms, providing free coffee during working hours or contests for employees to show their personality, awards honoring their dedication, etc.
Employees can still leave the company even if they receive good treatment. For that reason, it is important to build common values between businesses and employees through inspiring speeches from the CEOs.
Although retaining employees is a top priority, if you’ve tried your best and still can’t get along, the manager can let the old employee “leave happily” and welcome the new members. Employee engagement is important and doesn’t happen by accident. Therefore, if the current solution is not effective enough, businesses will have to make efforts to build employees’ trust, especially businesses that have been through a resignation crisis in the past year.
Source: CafeBiz