Sunday, July 12, 2020
Home Entrepreneurship How To Get The Best Out Of Your Employees

How To Get The Best Out Of Your Employees

Business is set up to make a profit and in order to make a profit, you have to set up the right factors in place. One of those factors is your employees.

Your employees working for you are a very vital part of the organization and one of the factors that determine the success of the enterprise. It does not just require getting the right people for the job, but also managing those people to put in their best and attain the aim and objective of the enterprise. Employees are very key to the success of the enterprise as they are the ones that are in direct contact with the end-users and they speak a lot about the organization.

There are some steps you have to take to get the best from your employees, of such, are:

1. Pay Them Right and on Time

 This is very important and it is one of the best ways to motivate your employees and get the best out of them. An employee that is well compensated for his work is motivated to do more as the salary is a reward for their work. And you should endeavor to pay them up to standard according to the industry. Endeavor not to pay less than your competitors or a little more if possible so as not to lose your best hands to your competitors.

Read Also: 7 Things Successful Nigerian Entrepreneurs Don’t Do

2. Always Reward for Best Performance

 It is better to reward for the best performance than to give penalties for breaking rules. This will encourage the employees to do more and work harder. Like the set, a price for each month for an employee of the month based on some performance will encourage employees to always put in their best.

3. Employees Welfare

While bigger companies can put in place things like health packages, scholarship, cooperative and others for the benefits of the employees, the smaller companies can be very close personally to the employees and attend a function like birthdays and parties to create a kind of closeness within employees.

4. Empower the Employee

 It is necessary to empower your employees with the right training for maximum productivity and after awhile access them and retrain. It is also necessary to provide them with the proper working tools and working environment.

5. Set Goals

It is important for you to set the goal for the company and make the employee a part of that goal. It should be an attainable goal and every achievement should be celebrated with the employee as they will feel being a part of that achievement and strive to achieve and attain higher heights.

Read Also: Entrepreneurship community: Top 10 Business Forums For Entrepreneurs

Ikoi Abode Ikenna
Ikoi Abode Ikenna is a Pharmacist living in Lagos, Nigeria. A fan of entrepreneurship, technology, and web development and seasoned blogger, currently the owner and editor of Abode Business (www.abodebusiness.com) and West Entrepreneur Forum (www.westentrepreneur.com) you can follow him on Instagram @pharmabode

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

How To Start An Ostrich Farming In Nigeria

One of the most lucrative and profitable areas of the Agricultural sector is livestock farming. And of course, Ostrich farming is one of the...

6 Reasons Why House Renovation Will Increase It Market Worth

Are you considering selling your real estate housing investment, but don't know how its market worth can be increased? Do you plan to sell...

Lucrative Opportunity In Exercise Book Manufacturing

Since existence, right from start, the need for an exercise Book and other writing paper has itched, the putting down of thought, feeling and...

Small Business Ideas and Opportunities For Teachers

We pray for our teachers for giving us sound education may God reward them.  Are you a teacher and seriously in need of business...

Recent Comments