Tag Archives: Employees

Retention as a Top Priority

You go to Workforce teamwork within an organization - Conceptconsiderable trouble and expense to identify, interview, and hire great employees for your organization. So retaining them should also be a top priority. Luckily, most good retention practices are inexpensive to implement.

Effective retention

To understand how to retain good employees, you first need to know what they’re looking for. Today, the best employees want:

  • Career development opportunities and a chance to grow in their chosen field
  • Regular feedback on how both they and the company are doing
  • A chance to contribute directly to the organization and be recognized for doing so
  • Flexible work schedules that recognize their need for work/life balance
  • A good salary or wage and an opportunity to increase it over time
  • Benefits tailored to their individual needs

Key strategies

Good retention starts from the time you hire employees to the time they leave your company. See how tweaking some of your employment practices can have a big impact on employee retention:

  • Recruitment and hiring. It’s worth spending time and effort on recruiting. When there’s a good match between employees and your organization, retention is less likely to be an issue.
  • Orientation and onboarding. Again, it’s worth having good practices in place. Treating employees right in the critical early stages of employment has been proven to enhance retention.
  • Training and development. Training and development are key factors in helping employees grow with your company and stay marketable in their field.
  • Performance evaluation. When employees know what they’re doing well and where they need to improve, both they and your organization benefit.
  • Pay and benefits. While today many employees tend to rate factors such as career development higher than pay, good pay and benefits still count.
  • Internal communication. Effective communication can help ensure that employees to want to stay with your company. Employees need to know—and be reminded on a regular basis—how the organization is doing and what they can do to help.
  • Termination and outplacement. Employees who leave on good terms are much more likely to recommend your company, and in doing so, help you attract and retain future employees.

Engage employees to increase retention

Engaging your employees—that is, making sure that they are committed and productive in their work—can benefit you as much as it benefits employees.

If you hire the right employees, chances are good they’ll be engaged—committed to your business and happy in their work. But to ensure ongoing engagement, you as an employer must play a major role, particularly when it comes to communication. Consider these five strategies:

  • Be clear on what your business stands for. Your company’s mission and vision and brand must be front and center in everything you do.
  • Communicate well and often. Your employees need to know—on a continuous basis—how both they and your company are doing.
  • Understand generational differences. To get the best out of all your employees, know what motivates different generations.
  • Find out what your employees need. Ask your employees on a regular basis how they’re doing, and be ready to follow up on their input.
  • Empower all employees to do their best. Provide the leadership, resources, and training your employees need to realize their potential.

Understanding what engages employees can help during all phases of the employment cycle—from recruitment to training to performance assessment and beyond. It’s also much easier to retain employees who are engaged and committed to your company’s success.

Source: CareerOneStop Business Center, sponsored by the U.S. Department of Labor

Ten Tips to Hiring and Keeping Employees

A company relies on employees to be contributing to a profitable bottom line.  While some employees will have a significant impact, others may be smaller, or at least less noticeable, but all of them are important.  Recruitment and employee retention can benefit a company, providing an edge if done properly and strategically.  Here are some helpful suggestions to help attract and retain the best employees.

  1.  Always be Recruiting:  Have a good sense of the talent that will best benefit your company, and always be on the lookout for a person that will be able to advance your company.  Even if there are no current openings, you never know when something will come open, or growth will happen.
  2. Build a Standardized Hiring Process:  Don’t count on your conversational skills to choose between candidates. At a basic level, your standardized hiring process should include criteria-based screening of an adequate number of candidates, a background check, standardized assessments and structured interviews.
  3. Make your Job Post Matter:  You should tell candidates about what your company does and stands for. Include your mission statement. Make clear what your expectations are, from the start. You want potential employees to proactively identify with what you’re all about–before they even submit an application.
  4.  Interview Multiple Applicants:  Commit to meeting and interviewing a specific number of people, don’t hire the first person you like.  You never know if the next person will be a better fit for the company.
  5. Ask Probing Questions:  Use the interview to find out an applicant’s attitude, energy level, life goals, ability to take on responsibility, track record, and ability to work with the flow of your organization and your work culture.
  6. Check References:  Often we get too busy and assume that we won’t get a thorough reference regardless, but take the time to try.  You may find out enough to narrow down your choices.
  7. Train your New Hire: Recruitment doesn’t end with the offer letter. You’ve got to give new people the tools to do the job well.
  8. Keep Expectations Clear:  From day one make sure that employees understand what is expected of them, how you will measure it and what the benefits are for achieving their goals.
  9. Offer Compensation:  Offer talent an attractive compensation.  Be fair and recognize effort by rewarding with benefits or salary.
  10. Continue Development of Employees:  There is so much potential that frequently goes underutilized in organizations, offer employees feedback, coaching, cross training and opportunities for advancement.

You are sure to reduce your turnover and increase proper hiring by utilizing these tips.