Many of today’s up-and-comers are planning on leaving your organization, something companies need to remedy to keep talent in-house.
Attracting top talent isn’t always about the money. In fact, there are many other compensatory factors, in addition to organizational culture and work environment, that go into a candidate’s thought process when considering a career move.
Employee disengagement is an issue. Putting a stop to the hiring turnstile and keeping your top employees in-house is a top priority.
Compensation matters. It plays a key role in a candidate’s decision to apply for a position, and it has an impact on a company’s ability to attract and retain top performing talent in their industry. It’s no secret that when companies don’t pay well, word gets around and they develop a reputation for being “cheap.”
If your company is having issues with employee turnover, knowing why people are choosing to leave is vital if you want to correct the issue.
While it’s important for morale and organizational culture to show your employees your appreciation year round, today is the official day of the year to show your team how much they mean to you.
To get in the Valentine’s Day spirit, we thought it would be a good idea to share some great ways that you can show your employees some love and appreciation (other than giving them a raise!). There is no shortage of ways you can do this – the key is to show them love and appreciation in ways that makes sense for them individually and ways that fit within your company culture.
Having an effective talent retention plan is vital for the success of your organization. A revolving door of new hires and people leaving your company is not good for business or your brand reputation. Unfortunately for you, good employees quit. They not only quit, they also take with them a wealth of knowledge and experience to your competitors – which can be a double-edged sword.
Having an engaged and productive workforce is the goal of all companies. They want employees who are willing to go above and beyond, have a passion for their work, and they want to create a culture where top industry talent wants to work. However, creating an ideal environment that promotes strong employee engagement is easier said than done.
