Retaining Employees Starts With Good Communication
The national unemployment rate has been extremely low for many months. While that’s great news for workers, it poses new challenges for employers who are struggling to hire and keep top talent. Retaining employees is a top pain point for organizations across industries.
Employees have options, and they’re not afraid of exploring those options. Your competition is also vying for top talent and is likely trying to woo your highest performers away from you to join their ranks. When talent leaves, it comes with a cost, which is why finding ways to increase retention has become a hot-button issue.
The Importance of Communication
One of the top reasons employees leave a job is because of their managers. To increase employee retention you need to ensure that you’ve got managers skilled at communicating, listening effectively and putting employees first.
For example, do you have managers who raise their voices to “inspire” better performance out of those under them? Workers need to know they’re respected and being yelled at communicates the opposite to most workers. When mistakes are made, they should become learning moments rather than a negative experience with a manager.
Good managers know this and will give employees ample room to learn on their own in a positive environment. It’s an empowering move that allows for some mistakes and one of the best ways to encourage productivity from an employee while making them more satisfied with their job.
Onboarding More Effectively
Your onboarding process is essentially the first impression. This first impression might be months in the making, meaning it lasts as long as your onboarding process. Developing a strong program introducing employees to your workplace and grooming them in their positions has become a go-to strategy for retaining employees.
When employees experience poor onboarding, they tend to only last six months before checking out for good. To avoid this, make sure you’re offering them all the tools they need to succeed when they arrive and don’t overwhelm them with a first day of paperwork and human resource videos and speeches. Make sure they have mentors, learning opportunities and a smooth transition into their role.
The Importance of Company Culture
Is your company culture on display from the executive suite down to the “mail room?” Employees today are increasingly sold on working for a company that shares their unique values, which makes having that pairing of utmost importance today.
Finding the right people though takes more than an interview to figure out who will be compatible with your culture. Utilizing the Predictive Index method, you can go beyond what you learn during a typical interview and get to the root of where they stand in regard to your company culture.
At PI Consulting Group, we’ve assisted clients in many industries in retaining talent through using the scientifically proven Predictive Index method. Contact us and let’s talk about our methods and how they will land you the right people who will be a great match for your open positions and your company culture.