In order to keep your employees happy, you’ll need to make sure that you don’t do certain things. There are plenty of things you could do that would make your employees feel appreciated and valued, but if you choose not to take these precautions, it can lead to bad employee relations, which leads to employees quitting on you. Read on for five things you should avoid doing if you want to keep your employees happy.
1) Don’t Take Away Their Responsibilities Without Asking Them
If you’re looking for a new way to motivate your employees, try not taking away their responsibilities without asking them first. Many small business owners complain that their workers aren’t motivated or driven enough—but what they might not realize is that their managerial style could be the source of dissatisfaction. When it comes down to it, people are driven by motivation and reward—so don’t jump right in and assume that you know what your employee wants more than they do! To really get a sense of where your employees’ priorities lie, ask them what they think would be best for moving forward. They may have some great ideas that you never thought of before!
2) Don’t Hold Back From Promoting Them
One of your biggest assets as a small business owner is your employees. But when you’re a new business, you may be reluctant to push for promotions for certain members of your team or offer bigger salary increases than you can really afford. While that might save you some money in the short term, it can be much more expensive in terms of productivity—not to mention it could even cost you some employees down the road. If an employee is being productive and working hard, give them what they deserve by promoting them and providing rewards that go beyond just a raise. It’s good for both parties involved in more ways than one.
3) Don’t Leave Them in the Dark
Small businesses should always let their employees know what’s going on behind closed doors. Regardless of how wonderful your business is, things will go wrong from time to time—and letting your employees know about it means they won’t be blindsided when you suddenly have to implement a new policy or change procedures. Keeping up with communication makes both your workers and your customers feel as though they are part of a team, which will make them want to stay longer at their job.
4) Let Them Know They Can Trust You
If your small business employees feel that they can trust you as a leader, you’ll build loyalty. Small business employees want leaders who are not only good at what they do but also dependable and honest. With honesty and reliability comes respect. And with respect comes loyalty. When someone is happy where they work, they rarely look for other jobs. Show your employees you appreciate them by being trustworthy, reliable and loyal. As long as you keep their best interests in mind, it’s likely they will return that respect – and stay with your small business for a long time to come.
5) Make Sure There is Room for Improvement
The most dedicated employees often turn over in organizations where there is no room for growth. If you want your employees to stick around, make sure they can grow within your company. Giving them opportunities to learn and develop skills will ensure that they stay happy at work and continue performing well. At my company, we have team members who have worked with us for almost a decade because they are able to take on more responsibilities as our business grows—they know that there is room for improvement and they feel like their hard work will be rewarded. A happy employee is an engaged employee, which leads to increased productivity and profitability for your organization as a whole.
How United Funding Group can help your small business
Maybe you’re a small business owner, and like many entrepreneurs, your cash flow is super tight. Maybe one of your employees just quit without notice and it’s leaving you scrambling for help. Or maybe you need a new piece of equipment or software that would really make your company run smoother. Whatever it is, United Funding Group can help you with a merchant cash advance.
Merchant cash advances are short-term, small-dollar loans meant for businesses that need a little extra cash in a pinch. The repayment terms for MCAs are designed so businesses can get what they need and pay it back without having to make a big change to their cash flow. MCA financing options from United Funding Group also help businesses keep employees happy by providing them with quick access to funds.
To learn more about how United Funding Group can help your small business with a merchant cash advance, give us a call. We’ll walk you through our merchant cash advance financing process and make sure you understand what it is, how it works, and how much it costs. And because we don’t ask for collateral or personal guarantees, we offer every customer top-notch customer service, even if they’re first-time customers. To learn more about how United Funding Group can help your small business with a merchant cash advance, give us a call today at 1-954-287-4539.