Retaining the top talent in your company means treating your employees right.
It goes far beyond increased pay and depends heavily on the company work culture. Some companies improve employee experience with ServiceNow HR.
It is one of several options to get the ball rolling in the right direction.
1. A Bad Engagement Strategy
An employee that isn’t happy in their current role will not produce the best results.
This often happens when a worker has to do extra work to make up for the shortcomings of their company.
To keep an employee engaged with their role, invest time and money into optimizing the position.
2. Lack of Flexibility
When the workplace lacks flexibility, workers get bored and complacent. This is a dangerous combination if your business has a lot of downtimes.
A good way to break up the monotony is by offering remote positions. An employee that can switch between both will have a healthier work-life balance. It also lowers the space needed for offices to keep the company running.
The more flexible you are as an employer, the more attractive you will be to long-term workers.
Lack of communication kills any team momentum. And too much negative criticism causes internal problems with employees. Criticism should always be constructive and to the point.
If you do annual reviews on employees, remain consistent with the company’s values. Constantly moving the goalposts with expectations creates a toxic workplace.
4. A Bad Application Process
One of the biggest complaints about a new job is the application process. Years after initial hiring, the employee will remember the application process. Small things stand out, especially if you take the time to send a follow-up email.
Keeping in contact with the employee during the application process is an important task. Instead of feeling like another number, they feel like an asset to the company.
Years into current hiring, this can be a make it or break it memory.
5. Underappreciating College Grads
Recent college graduates are ready and willing to jump into the workforce. They are looking for experience in a position that allows them to progress.
Lack of clearly defined career progression roles is a huge turn off for college graduates. If an applicant only sees an entry-level future with the company, then they will never stop looking for a job – even while hired.
Create an exclusive college grad program that shows the long-term value of your company.
6. Relying on Old Technology
When your company is behind the times on technology, then workers have to pick up the slack.
Years of working around old software and hardware build up resentment. The easiest way to lose top talent is to reveal the lack of forward-thinking with the company.
Maintaining your top workers should be a priority. It can turn into an infinite grind when you always have to replace the best talent.
Cement your company vision, and every worker will see the value of your employment.