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Team Building And Employee Retention | Accolade Corporate Events

As the job market becomes increasingly competitive, it can be difficult to hold on to valuable employees. Read about how team building can play a big role in effective employee retention.

One of the newest challenges facing human resources departments in the 21st century is employee retention. As it becomes increasingly easier for business professionals to network within the corporate sphere, through social media, seminars, conventions, and other new channels, there are now many more opportunities for employees ? your employees ? to find a ?better? job.

?Better? can mean a lot of things for a lot of different employees: better-paying, more engaging, better opportunity for advancement, or better opportunities. regardless of why an employee might potentially leave your company, it is a scary and unpredictable reality that few HR departments want to deal with. After all, companies invest a great deal into its employees ? no one ever wants to lose talent and productivity, and start from scratch with an unknown, new employee.

Team building is one way that businesses can avoid losing valuable employees.

We?ve written about it before on this blog about the delicate balance that exists between fostering a team atmosphere in your office workplace and the need to understand and listen to your employees. While managers and business owners dream of having a workforce that is artistically motivated to succeed on behalf of their team and business, the reality is more complex: an employee?s work has to be rewarding, they need to feel essential to the success of a team, and they need to feel that their pay is commensurate with the work and results they provide.

Team building can help in reinforcing an employee?s sense of connection to their team. Team building events such as Team Apprentice help to recreate an employee?s role in the success of a team in a fun, different setting, while still remaining in the domain of business. Not only does the event itself help to reinforce the importance that each individual plays in making a team a success, but also it demonstrates to a workforce a company?s willingness to invest in their employees: because team building is generally a fun experience and a diversion from the everyday work experience, it resonates with employees.

Often times, employees lose sight of their importance in the business processes that they work within. Or, sometimes employees realise their importance, but feel that their management fails to recognise how important they are to the team. Use team building events to show your employees how much you care about their role in the success of the company.

Tags: employee retention

Source: http://www.accolade-corporate-events.com/team-building-blog/2013/01/team-building-and-employee-retention/

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