Engaging employees is synonymous with retaining employees, and engaging employees is on the forefront of moving companies forward. In our most recent podcast with Eric Chester, we talked about how to both manage and retain employees. Eric is the author of On Fire at Work: Great Companies Ignite Passion in Their People Without Burning Them Out, his best-selling book that talks about getting employees to “work harder, perform better, and stay longer.” Eric has delivered more than 2,000 keynotes to great companies all over the world, including Harley Davidson, McDonald's, Sprint, Great Clips, Wells Fargo, and Subway. He has spoken on three different continents and is a 2004 inductee into the National Speakers Association’s acclaimed CPAE Speaker Hall of Fame.
The concept of employee retention has largely evolved over time.
Decades ago, employers, or even employees, didn’t have a thought about engagement or about being “happy” at work. The relationship between employers and employees was a transactional relationship where you just do your job and get paid. We have now come to realize that money isn’t the only motivating factor in why an employee chooses to stay. Employees are now focusing more on the experience. In order to keep employees engaged, companies should reach out to their employees. By doing so, they learn the employees’ points of view and are able to create a better workplace.
Eric spoke about his experiences as a high school teacher and youth speaker. These taught him about talking to individuals in the trenches. By conversing with these individuals and learning what their thoughts are, he was able to inspire them. Over time, he became interested in generational studies and wrote the book Employing Generation Why?. The book was a huge success, and he companies started asking for his help on managing employee engagement. When he works with companies, he follows the same strategies of talking to employees in the trenches. He would take excerpts and present these to the management. The management will then learn what they can do to improve the workplace. Eric emphasized that with most of these organizations there are really no employee retention strategy. From his On Fire at Work book, he explained that there are seven cultural pillars that employees evaluate their jobs. Money is only one of them and is far from the only assurance of keeping an employee in a company. He further added that retention is a by-product of hiring the right people and treating them the way they want to be treated. Employee engagement problems are solved when companies put an effort into making a better workplace.
Companies only get out what they put into their workforce. Listen to the full podcast to learn more on how talking to employees and knowing their points of view makes a better workplace. Reach out and initiate change in your workplace.
We would like to thank Eric for his time and enthusiasm. We encourage everyone to get a copy of his book On Fire at Work: Great Companies Ignite Passion in Their People Without Burning Them Out and to check out his website at www.ericchester.com.