At Milliner Talent Solutions, we’re experts at helping our clients find the right employee for the job. But we also understand how critical it is for you to retain those employees—and what it costs in terms of onboarding, training, and lost productivity if you can’t.
Since reducing employee turnover is a key challenge for many organizations, we’ve compiled 11 tips to help.
1. Hiring the Right Candidate
- Finding the right employee for your company, culture, and position is about more than filling a space in an organizational chart. Milliner Talent Solutions takes extra time to screen and interview each candidate before presenting to our clients. Taking this time with the candidates gives our team a better understanding of what the candidate is seeking in a position.
2. Offer Competitive Compensation and Benefits
- Today’s candidates can easily compare pay and benefit packages. Strive to ensure your salary levels and benefit offerings are competitive in your market. Providing health insurance, paid time off, retirement plans, and other benefits will enhance your employees’ well-being—and sense of loyalty.
3. Provide Onboarding and Training
- An effective onboarding process and schedule helps new hires understand their role and integrate into the team quickly. Milliner team does onboarding with all placed temporary and temp to hire candidates.
4. Clear Career Paths
- Employees need to see a future with the company. Make sure those paths are clear. Provide opportunities for career growth, promotions, and skill development. And check in regularly to ensure employees are on track to meet their goals.
5. Recognize and Reward Employees
- Recognize good work through praise. Bonuses and awards are another great way to recognize great work. A culture of appreciation improves morale and motivates employees to stay.
6. Promote Work-Life Balance
- Many of today’s candidates are seeking a healthy work-life balance as well as a job. To attract and keep them, offer flexible working hours and remote work options, and respect personal time. Avoiding burnout is crucial to retaining employees.
7. Strengthen Communication
- Employees value transparent, empathetic leaders who keep them informed and involve them in decision-making. Encourage open communication and welcome input and feedback.
8. Employee Engagement
- Create a sense of community within the company. Hold team-building activities, celebrate individual and group achievements, recognize contributions, and find interesting ways to form connections and forge bonds.
9. Meaningful Work and Autonomy
- Employees are more likely to stay if they find their work meaningful. Give them autonomy and empower them to take ownership of their responsibilities.
10. Support Employee Well-being
- Address both physical and mental health by providing wellness programs, counseling support, or stress management workshops. Hosting lunch and learning programs is a good way for employees to get information they need without missing work.
11. Exit Interviews
- When an employee leaves, conduct an exit interview. Learn what they did and didn’t like about their role and why they are leaving. Use this feedback to inform your future recruitment and retention strategies.
By focusing on these eleven areas, companies can create a positive work environment that encourages employees to stay and grow with the organization. If you want to dive deeper into your recruitment and retention issues, contact the experts at Milliner Talent Solutions. We’re always here to help.
