Keeping the Best Employees
“Pay is only one incentive that good employees seek.”
Obviously, as we move forward, the work-family balance will be a major impediment for working families, particularly women. Perhaps it is time for your company to hire a grant writer, seeking funds to add daycare spaces for employees. It is a major plus for retention.
In addition, employees are willing to work overtime, when their kids can be cared for close to them. If your business has deadline pushes or seasonal increases in workload, this option can make all the difference. Imagine a long night, with a few teams or employees, huddled together to meet the demands of a priority client; all while their kids are safe down the hall enjoying popcorn and a movie.
Even in this age of the pandemic, employers hosting virtual parties or sleepovers for their employees’ children during heavy workloads and deadlines, will increase productivity and morale. Hey offer it as a regular feature to give parents a break and you will have an employee for life!
If you hire college students, particularly those who are majoring in education and child development, who participate in the government-subsidized student education grant, (college work-study) you could reduce cost by becoming a subsidized employer. Win-win: you get to assist college students, as they are developing their career and they get experience, all while increasing retention of your employees by offering a needed service.
