Some companies couldn’t cope up with
the problems faced because of this pandemic. As a result, they decided to scale
down and retrench some employees. They couldn’t keep everyone in the team since
the profits are low and the operating expenses remain the same. It’s the
opposite for some companies. Due to this pandemic, the demand for their
products and services has drastically soared. They need more employees to meet
the demands. Due to immense pressure, some of their employees decided to step
If you’re among the companies facing
this problem, it’s a bit tough. You’re lucky to continue operations, but you’re
also losing your assets. These tips will help you prevent bleeding out your
Hire more people
Finding people to fill out some posts
is a lot easier these days since many others
have lost their jobs. You should increase the number of employees to meet
the demands. Otherwise, your current employees will feel overworked. You can’t
keep telling them that they’re lucky to still have a job while others have
already lost theirs. They could easily walk away from the job if it means
giving themselves a break.
Increase your employees make wages
Again, you’re lucky to continue
operating amid the crisis. Other businesses have to close due to the lack of
any activity. There’s no money coming in, but there’s still money going out.
The least you can do to the people who keep your business running is to reward
them with a higher wage. They deserve it. You want them to feel that you see
their efforts. If you’re in a thriving industry, other companies could easily
steal your employees. Hiring new people and training them to do the job would
cost you more than increasing the wages of your current employees.
Give people enough break
If the work
from home setup is possible, you have to stick with this method. It’s the
safest way to prevent people from getting exposed to the virus in a regular
workplace. However, if it’s not possible, you have to observe safety measures
at work. Also, don’t forget to give your employees enough time to rest. They
also have to spend time with family. They feel grateful to have a job, but they
also need to be with family members. Find a way to manage your employees well
so operations can keep going, and everyone gets enough break.
Talk to your employees
Find out why some of your
employees are leaving. Talk to everyone in your team and make sure you
understand how they feel. You should do it even before they decide to head out
of the door. An honest conversation with them could change their minds and
decide to stay.
You can’t afford to lose your
employees during this pandemic. Finding the right person for the job could be
difficult, and it will adversely affect your business.
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