Three Tested Ways to Boost Retention.
With the unemployment rate at an all-time low in the U.S., it is not just a competition for talent, it’s a war. This doesn’t just mean it is difficult to find and attract great people to join your organization, it means your competition is pulling out all the stops to steal your best and brightest away from you.
How do you compete? Here are 3 ways you can prevent your employee from taking that call from a persistent recruiter. The 3rd being a surprisingly common-sense method that many companies are getting wrong.
- You Get One Chance to Make a First Impression.
First impressions are everything—especially with a new employee! Picture it: an eager new employee shows up on their first day. The receptionist can’t get ahold of their manager, their desk isn’t set up, and their computer won’t turn on. How do you think that feels? Glassdoor offers great tips and tricks on how to set employees up for success on day 1 and beyond.
- Exit Interviews Versus Stay Interviews.
Don’t wait until it’s too late. Please tell me, what is the point of exit interviews when the person is already walking out the door? What if the only thing missing from the satisfaction of your best employee is a little flexibility? I bet you would like opportunity to offer that to them before your competitor does. Inc. online explores the idea of “stay interviews” and the best questions top employers are asking their employees BEFORE it’s too late.
- Make Sure You Have the Right People in the Right Seats.
I told you this concept might seem like common sense, but you would be surprised the amount of employees who are unhappy at work. No, it’s not their non-ergonomic desk or their coworker who chews annoyingly loud. Simply put, if a person isn’t using their strengths and isn’t doing something they are passionate about, it can be highly demotivating. Retaining your best employees is sometimes as simple as making sure they are making the best impact on a daily basis. Predictive Index is a valuable tool that can help a company redefine their teams and unlock discretionary effort, to ensure that people are put into the right seats and inspired every day to perform their best.
If you practice these 3 techniques, you will have a much higher success rate when it comes to employee retention. After all, winning the war on talent takes much more than a fancy title and job description.
If you’d like to hear more about how Titus Talent Strategies can help your company retain top talent, connect with us….we’d love to start a conversation!