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6 Steps to Ensure the Retention of Your Top Talent

December 6th, 2013

A workplace that’s fully staffed with high performance talent is like a well-oiled machine. There’s nothing like the sound of a work team engaged in a collaborative meeting, working on a ground-breaking project that meshes together the best skills and attributes of each individual as one cohesive unit towards a single goal. When all employees are working to their best capacity, using their training and knowledge for the betterment of your organization, this is the hallmark of success in business. It is at this point that your management team can stand back and observe the fruits of labor.

Sadly, few too businesses ever experience this because of an insidious human issue called employee turnover that steals the best team members right out from under your noses. The loss of a valued employee at any level can cost your business in many ways, including:

  • Lowering overall employee morale that creates stress and negativity in the workplace.

  • Diminished capacity to complete important projects on time, or to take on new ones.

  • Breakdown of existing team structures and confusion over roles and responsibilities.

Additionally, certain studies have indicated that the cost and effort of replacing even one valued employee can be as much as half of the departing employee’s salary. Clearly, employee retention is something that all employers must take seriously in order to maintain their status and growth. With that in mind, here are some ways you can help ensure the retention of your best employees.

#1 – Hire the Right Person for the Right Job

Your first step in helping to retain more employees is to hire the very best fit for each type of assignment, and the responsibilities and tasks that come along with it. A poor fit means a lot of frustration for the employee and teammates, which leads to an early termination.

#2 – Work with Staffing Agencies to Find High Quality Candidates

Staffing Resources can help place the best employees at your company, and offers flexible staffing options too. High turnover rates can be managed with a good supply of pre-screened and qualified candidates who are eager to make their “home” with your company.

#3 – Have a Formal Onboarding Process for All New Hires

It is understood by recruitment professionals that when new hires are treated to an actual onboarding process, they are more likely to be successful in their jobs. This is because they receive a good introduction to your company, the tasks they will be doing, and the support to bring them up to speed sooner so they can become productive.

#4 – Give Employees Valuable Incentives for Staying Loyal

When employees are rewarded for a job well done, they are more likely to stick around for the long term. Incentive plans should be geared towards the employee’s interests and relate well to their actual performance metrics.

#5 – Make Your Work Environment Better Continuously

A good place to work becomes a haven for employees. Make sure your workplace is attractive to your employees and provides a safe and healthy environment. Include open work spaces and meeting rooms as well as access to technology tools for today’s generation of workers.

#6 – Provide Support to Reduce Stress and Increase Teamwork

To maintain your workforce, each employer must step up and take measures to reduce stress from overloading employees with too many tasks. A smart employer also understands the value of work life balance through flexible work hours and conditions, so that employees can handle their personal and professional responsibilities well. Encourage team work and respect so that all have a chance to shine – two factors that can help retain your best employees.

If you are looking for recruiting agencies in Atlanta GA, contact us today.

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