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How do handle employee retention, especially remote employees?
After COVID-19, companies and employees have realised that remote working is feasible. Many companies have shifted to hybrid or complete remote work.
However, this shift has also led to a significant loss of human interaction, leaving employees feeling disconnected from the company culture. Consequently, there has been a decrease in employee retention.
I was wondering if anyone who's a founder or a company owner providing remote work have faced or is facing this.
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Deniz Savkay
We are a 2-people company. We were living in different cities before. After we started the company we moved into the same city. We try to work in different cities but after some time communication quality starts to drop. So now we mostly work from home but we see each other regularly going to each other's cities
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Create a sense of connection and camaraderie among distant employees through virtual team building events. This can include virtual happy hours, team challenges, online games, and other activities that make remote workers feel more connected to their coworkers.
If you work online, does not mean you are disconnected from the company culture.
Company culture is nothing but how you interact with each other online, respond, crack jokes, have enjoyable online meets, be transparent in the company policy, share the result with everyone and build a company as a team.
I do things differently.
Pay more. Give bonuses.
Let people decide. If they aren't 100% pm board with the mission let them go.
The ones that stay get rewarded
@atticusli can partially agree. What if there are better options than just bonuses?
@atticusli Absolutely! Who better to shed light on this than someone who has been an employee themselves? When I joined a company, I was offered bonuses, festive gifts, and everything else you mentioned. However, I eventually decided to leave. The reason was simpler than you might think. Despite the perks, I felt a lack of connection, especially during challenging times. Employees spend a significant portion of their lives at work (approx. 70%), and having someone to share experiences with and rely on for support is crucial. This support can often be more valuable than financial incentives. Think of it like a simple formula, the employee churn rate is directly proportional to the number of quality relationships in the workplace.
I was confronted with these problems myself in my former company. That's why I developed a solution with my team. Our app will go live soon. I would be delighted if you could test it.
https://www.producthunt.com/prod...
