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Since IQ PARTNERS is committed to helping our clients hire better, hire less, and retain more, we created a seven step guide to recruiter-proof your business using research and first-hand interviews with top companies like Google, Deloitte, LoyaltyOne, TD Bank, and Achievers.
Each month we’ll share a little from each of the seven steps. This month: why creating a corporate culture and sense of community is essential to employee longevity! Click here to download the guide now, or read on for a teaser from step six.
Employees enjoy working in an environment where they feel they’re among friends. People are working longer hours than in the past, and creating a culture in which employees enjoy coming to work is essential to retention. However, research studies have reported that as few as 8% of companies have policies or procedures to encourage fun at work.
A great way to capitalize on existing professional relationships is to utilize a referral program, wherein employees are paid a bonus for referring a successful hire. Referral programs not only solve a recruiting problem (as a general rule: good people know good people), but employee referrals also have a 45% retention rate after two years vs. 20% from job boards.
For more on building community as the sixth step to building an engaged workforce, download the full guide, Recruiter-Proof Your Business: 7 Strategies to Retain Your Top Employees.
IQ PARTNERS is an Executive Search & Recruitment firm with offices in Toronto and Vancouver. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.