Keeping important members of staff is healthy not just for the long-term success but well-being of your start-up. Recruiters and other industry experts agree that by retaining key talent in your business will guarantee content co-workers, product sales, deeply ingrained organisational learning and knowledge and customer/client loyalty.
When it comes to keeping employees, tech businesses have the highest rate of turnovers compared to businesses operating in any other industry. Many organisations find it hard keeping their top performing employees, though there are many things you can do to increase the likelihood that the gifted group of youngsters will stay working for you longer than they normally would and we will look at 8 of these in the following article.
Clearly Explain The Purpose & Mission
For the current generation of employees, it is important that they truly understand the reasons why an organisation or company does what it does. It is important to them that their hard work and efforts are valued and how it has a positive impact on the bigger picture. A great start to achieving this is having a brilliant purpose and mission statement. However, follow-through and reliability are essential as it shows new talent you’ve hired that you are a ‘mean what you say, do what you say’ type of company.
Meet The Demand For More Flexibility
Modern employees want a more flexible approach to work in an organisation. Gone are the days of those firm 9 to 5 shifts. The present generation of workers are looking for flexible working hours, mobility and the chance for remote working options. Not only are they content, but they are also incredibly productive. If you give your workforce the flexibility they desire, it is likely you will reap the rewards of having them in your company longer and they will have a more positive impact on your company.
Keep All Work Areas Clean And Tidy
If you want talent to stay at your company, you need to also ensure that the work areas are kept tidy, clean and hygienic. This includes each individual desk or work station. Unless it is already there, you should keep computer cleaning service on your list of important ‘must-haves’. By keeping the work areas and other parts of your business premises clean and tidy, you are instilling a sense of pride in everyone from the higher-ranking members of the board to the newbie talent. If you show that it matters to you whether the offices computers and other equipment and areas are kept tidy, this will influence how your staff feel and they will be more likely to stick with your company because it is another great way you can show their work and commitment to you is valued.
Encourage and Inspire Creative Thinking
New talent need to be sold that ingenious thinking is involved in the movement of your business. Some studies have shown that around half the workforce are not successfully engaged within their role, so grant opportunities for your staff to put their thinking caps on to help improve sales, streamline services or whatever else. Not only will they want to stay working for you, but you will benefit from their enthusiastic responses and who knows, they may even come up with the next ‘big idea’ that takes your start-up to the next level.
Streamline Your Onboard Processes
The application process can have an impact on whether or not employees will stay with an employer. It is during the application process that you will have a crucial touch point with future workers. By ensuring that the process is an effortless, swift and smooth one, you will be showing that your company is straightforward and very efficient. Companies that have convoluted and complicated application and hiring procedures, often do themselves a dis-service from the get-go. On the other hand, if new talent can see why the procedure exists and why it is carried out in certain way, they are more likely to feel that their career is in good hands with your company.
Reward And Recognition
Acknowledgement and prizes should be an important part of your company’s culture. Employees who are regularly praised and rewarded for their hard work and achievements for your company are more likely to feel valued and want to stay working for you. After all, who doesn’t like to be told they did a good job, even if deep down they know they did? We all love recognition and new talent that is shown appreciation and both public acknowledgement of achievements and incentives and bonuses, will grow in respect and loyalty towards your company.
Offer The Chance For Continued Learning And Development
Ensure that your employees are kept up to date with regard their training and industry knowledge and keep them informed about the various training, educational and certifications open to them. Encourage them to avail themselves of any additional instruction programmes that become open to them. Often companies will offer half or full tuition fees in conjunction with time-off to allow their staff to take part in training and education. It shows your employees that you are committed to their future and don’t want them to stay in the same place or position, if they remain on your workforce.
Establish a Two Way Communication Channel Between You and Your Employees for Feedback
If there is one reason more workers feel disappointed with their employers than others, it’s communication or the lack there of. It is vital that your business establishes clear channels for feedback to be delivered and received to and from your employees. When possible even set-up one on one meetings with individuals. This ensures that your members of staff will feel happier, even if they are having problems, because they feel listened to and that their opinions matter and are taken on board. They also will respond well to constructive and beneficial feedback that they recognise is for their own benefit and not just because you want to nit pick at their skills or approach to the job.