Regularly Communicate
Provide regular communications about company performance. Elevate the review process to incorporate frequent project-based performance appraisals. Provide more transparency surrounding pay.
- Make company-wide metrics available to employees to strengthen the connection between their work and the bigger picture, creating a stronger sense of purpose to drive employee engagement.
- Supplement the annual/quarterly review process with project-based appraisals. This quickly establishes relationships and provides consistent feedback between managers and employees.
- Share how market data is used to calculate pay. Provide salary ranges for open positions. Outline clear policies and expectations for raises.