7 top tips to motivate and retain employees

Knowledge base from Boox

By Lynne Gowers on 18th August 2015

7 top tips to motivate and retain employees

As your business grows, you’ll find yourself needing more people. While finding good people who share your values is never easy, it’s only the start of your new role as an employer.

Good employers realise quality people always have a choice and the option to market their skills elsewhere if they’re not happy. They also know that taking the time and effort to retain good employees is far cheaper and less disruptive to their business in the long run than recruiting over and over again.

Tips to motivate and retain your staff

So what’s the secret to motivating and retaining employees? As with most inexact sciences, there isn’t one. But there are measures you can take to motivate and retain employees. Here are seven of them.

Share your vision

Let your employees know where you plan to take your business – and how their role contributes to that goal. This will show them that you’re looking beyond mere day-to-day existence and help them spot opportunities for their own personal growth.

Have regular 1-1s

Getting to know your employees will a) help you discover their strengths and b) show them you value them as individuals. This could lead to you tweaking their role or working arrangements specifically around their skills, aspirations or personal needs – all of which helps to keep people motivated.

Offer coaching and training

Set aside time to teach people skills and processes specific to your business. If you can afford it, put some money aside for a training budget. This again shows that you’re serious about helping your people grow.

Set targets, KPIs and rewards

Set targets and key performance indicators. Offer rewards. Link these to your wider business goals and do everything you can to help your staff reach them. Make them realistic, though, as unachievable goals will have the opposite effect to the one you want.

Walk the walk

Leading by example is imperative in a small business. Your own actions, attitudes and approach to work will set the tone that others will follow. Be the worker you’d want to employ yourself and establish the standards you want your staff to uphold.

Pay the going rate – consider share options

There’s no getting round this one – remuneration is one of the biggies when it comes to employee retention. Keep abreast of the salary surveys in your market sector and geographical location and be as competitive a payer as you can. Consider share option schemes too. As well as enhancing your employee’s financial package, they’ll also bind them even closer to your company’s cause.

Make time for fun

Develop a social side to your business. Whether it’s paint-balling, go cart racing, a golf day, curry night or a week in Marbella will depend on the type of people you hire and, of course, your budget. However, giving your people the chance to let their hair down is great for team spirit – and that’s ultimately good for business.

Was this article helpful?


Although we attempt to ensure that the Information contained in this publication is accurate and up-to-date at the date of publication it may not be comprehensive, we accept no liability for the results of any action taken on the basis of the information they contain and any implied warranties, including but not limited to the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement and accuracy are excluded to the extent that they may be excluded as a matter of law.

Download our
FREE guide

Our guide to closing your business explores some of the options for closing or suspending a limited company

Please enter a First Name

Please enter a Last Name

Please enter a valid Email Address

Please enter a valid Mobile/Phone Number

Data protection: We take data very seriously and will not share your details with anyone else. If you wish to receive marketing communications from Boox please tick this box.

You can change your preferences at any stage by clicking on the 'Manage my preferences' link at the bottom of our emails. By continuing, you agree to our Privacy Policy.

How would you like to receive communications?


Select Yes or No


Select Yes or No


Select Yes or No


Select Yes or No
Please Verify Captcha

View our latest blogs

Take a look at our recent blogs below.

We’re here to help

Discuss your business and accountancy
needs in detail with our friendly team with
absolutely no obligation.

Call our friendly team on 0808 168 0422 or

Request a call back

(Open 8.30am to 5.30pm Monday to Friday)

Emily Ewin New Client Manager
Emily Ewin New Client Manager