Employees are happier when you are thinking of them. Not only thier pay and their benefits, but also thier future. How are they going to develop from that junior analyst to CEO? How can you be sure they stick around to be developed? By not only laying out a plan for them to grow, but also giving them an opportunity to do so will play a pivotal role in the development of your team.
Trade Conferences Conferences are an excellent way to develop employees, encourage intracompany communication, learning new technologies, and having fun with coworkers. Many startups offer employees significant conference budgets as a part thier benefit package to encourage them to attend and share what they have learned. Conferences are highly specific to their industries, but here are a few places to get you started":"
Subsidized online classes Many businesses are now offering subsidized online classes for thier employees. This enables employees to better thier craft or to learn a new skill they didn't previously have. Many of the reccomendations here offer company-level subscriptions so anyone can log in and learn.
Professional Affiliations, Certifications, Licenses Broker? CFA? CISSP? CSM? MCP? Often your industry requires proffessional certifications, affiliations and licenses. A great way to improve employee retention is to offer them the continuing education, fees, and the time needed to stay current on thier certifications
Personality Testing Personality testing is an awesome way for you to understand your employees. Are these people suited for thier position? Are they going to be a culture fit? A quick (or not so quick) test can help you finalize and understand who you are and who you are working with.
Monthly – employee/employer coffee
Mentor program
Career Development
Strong understanding of career track
Strong KPI’s Making sure everyone knows thier role and responsibility is crucial, in addition to helping them see what they will be reviewed against in the year ahead.
Quarterly performance reviews