Really listen to employee feedback, and follow through

Engaged leaders are good communicators and listeners who can instill trust in their employees—and trust is the foundation of employee retention. Jenn Hyman, co-founder and CEO of clothes rental service Rent the Runway, tells Inc. that listening to employee feedback is essential to her leadership style as well as a regular element of her company's business operations.

Hyman explains that she conducts one-on-one meetings with her workers on a regular basis and that she distributes anonymous employee questionnaires every six months. Employee happiness and contentment with their leaders are measured in the poll. The findings are then shared with the entire firm, and action plans are developed. "It's the follow-through that's so crucial," she explains.

Communicate your aims with your team ahead of time to guarantee that you receive relevant input from an employee engagement survey. Prior planning will help comfort dubious employees who are afraid that providing honest feedback, even in the form of an anonymous survey, may land them in hot water.