Once you bring in a great new hire, keeping them for the long term is the goal. After all, by retaining your best and brightest, you can ensure the team is productive and the company thrives, increasing overall profitability. Plus, it allows you to avoid recruitment, onboarding, and training costs that usually come along with a new employee, helping the bottom line even further.
However, retaining top talent isn’t always easy. They often have numerous opportunities, so you have to be diligent if you want them to remain happy in their position or with the company. If you are wondering what you can do to improve retention, here are three tips to get you started.
- Make Employees Feel Like Assets
Your staff wants to feel like more than just a number or a line item on the budget; they want to know their unique contributions are valued by their employer. By working to make sure your team knows they are appreciated, they will understand they are considered valuable assets as individuals.
Small gestures like greeting them by name ensures they feel seen. Similarly, requesting their input when rules or policy changes are in the works shows you value what they have to offer and want to hear their perspective. Even encouraging them to take part in goal-setting for their role can go a long way.
- Recognize Good Work
Even though employees are paid to accomplish specific tasks, that doesn’t mean good work shouldn’t receive additional recognition. By highlighting accomplishments and praising a job well done, you ensure your workers don’t think their efforts are going unnoticed.
Plus, even a little bit of recognition can increase motivation and morale. Whether it’s a simple thank you or a reward, like a bonus, employees who feel appreciated are less likely to seek out new opportunities. Just make sure any positive feedback is genuine and sincere. Otherwise, it won’t be as effective, as top talent can usually tell when your praise is empty.
- Make the Goals Clear
Ambiguity is rarely a manager’s friend. Employees often work best when they understand what is expected of them, giving them the ability to fulfill those requirements without any guesswork. Great employees want to make their employers happy. Failing to fill them in on any goals and expectations leads to confusion which, in time, breeds frustration, resentment, and even burn out.
By communicating goals and expectations clearly, you ensure everyone feels well-informed. Additionally, you empower them with clear direction, allowing them to align their actions with your preferences and objectives.
If you would like to learn more about what you can do to retain top talent or are seeking skilled professionals to join your staff, the team at Career Options can help. Contact us to discuss your questions and hiring goals with a member of our knowledgeable team today and see how our recruitment and retention expertise can benefit you.