Organizations spend a ton on recruiting top talent, making them a crucial part of business growth. Recruiting employees for a particular position is often different from what keeps them there. Once you hire new candidates, it is important to start working towards retaining them. Workforce retention is an ongoing process – it starts from the day you recruit the talent until they leave your company. Here, we present a few techniques that help you retain top talent.
Nothing can be more frustrating for new hires at a new workplace than not knowing what is expected of them and what it takes to be successful. Highlight your business culture, what makes them a good fit, and what current employees in their role perform day-to-day. Make sure the new employees have the right tools to gain a good understanding of their job and your company. The more time and attention you spend during the onboarding process, the more engaged your employees are going to be. This will lead to lower turnover, enhanced performance, reduced stress and improved job satisfaction.
Gone are the days of the rigid work hours; today’s generation of employees are expecting flexible work hours. Flexible working enables employees to find a better work/life balance, and is quickly becoming one of the top benefits employees are seeking. By providing alternative work schedules such as flexible hours, work from home, and job sharing, businesses can make employees feel happy. A healthy work/life balance allows employees to perform at their most efficient level and build a relationship with their employers.
Training and Development
Take the proactive approach and recruit candidates who have the right attitude and fit your company’s culture. Later, invest in developing them, through on-the-job training and ongoing learning throughout their careers. This shows your employees that you care about their success enough to create a career path for them to develop within your organization. It also shows them that they are important and a key part of your organization’s success. You can create dedicated employees who are not only loyal but also trained for the job in a manner that best suits your company.
Communication is a two-way process. When it comes to workforce retention, open communication from both sides can be a game changer. Encourage employees to share their concerns with you; it also gives you an opportunity to share your concerns with them in a non-threatening way. This develops a culture of openness and trust that can be invaluable. Keep your employees informed about how the business is doing and how they are making an impact on the bottom line. Open communication infuses pride in your workforce and fosters longevity.
An effective recruitment process is a foundation for all the techniques discussed above. You should be sure about the competencies and skills that are required for your business, and then use valid hiring tools to identify and hire candidates who possess these characteristics. An online recruitment system helps hire and retain candidates who are a good fit for both the job and the organization.