Ok, I’ve talked about honesty enough; now let’s talk about company benefits. I don’t expect you to be able to offer the level of benefits of a Fortune 100 company, but you have to provide the bare essentials; health insurance and vacation/sick days. And you need to pay for at least 50% of the cost of the health insurance for your employee and “if” you can afford to, a percentage of the cost for their dependents.
By offering and assisting with the cost of the health insurance, you’re showing that you care about the well being of them and their families, and the paid time off shows that you value the time they spend with their families. These types of benefits are also attributed with successful companies, and keep in mind that the best people want to work for the most successful companies.
I was watching Dr. Phil a few months ago and he said something that stuck. He was talking about wives that were fed up with their husbands because they didn’t do their fair share around the house (laundry, dishes, cooking, cleaning, etc…). While talking to several couples, it came out that the wives weren’t necessarily mad about doing more, just that their husbands didn’t verbalize their appreciation for what their wives were doing.
Not that it’s ok to let your wife do all the work, but at the very least, you should let them know how much you appreciate what they’ve done. And that leads me to my next point; show your employees your appreciation for what they do for you and the company. Tell them thanks and good job as often as you can, send them a thank you card, buy them dinner for two at a nice restaurant, some movie tickets, order some pizzas for everyone, bring in donuts, anything to show how much you appreciate what they do. Don’t play favorites, treat every one of your employees like an MVP, from your administrative staff to your top sales person.
The unfortunate fact is that most companies don’t do this at all. If any of your employees have ever worked for someone else, they’ll really appreciate what it feels like to be appreciated by you.
We’ll tackle more in the next issue…