If it seems like you’re constantly filling roles left vacant by employees who didn’t work for your company very long in the first place, it’s time to look at why so many people are leaving. Highly satisfied employees don’t often seek employment elsewhere, so you definitely need to use this as a learning experience and implement some much-needed changes.
High staff churn rates can lead to decreased productivity, low employee morale and huge costs affecting your bottom line. It’s important to combat this issue immediately, before it becomes an even bigger problem.
How to retain your top talent
Need a little help retaining your key staff? Get started by learning more about five things your employees are looking for:
Career progression: talented workers don't want to be stuck in a dead-end job. If these people feel like they have no room to grow at your company, they'll look elsewhere.
Flexible working arrangements: being tied to a desk from nine-to-five is a thing of the past. These days, people want to work for a company that offers flexibility. Allowing your employees the freedom to adjust their hours or work remotely has become a “must-have” for many top candidates.
Attractive benefits package: employees really value a comprehensive benefits package. The more attractive your benefits package is, the better you’ll look in comparison to your competitors.
Positive work environment: is your office a pleasant place to work? No one wants to spend each day in a hostile environment, so expect people to take off in search of pleasant working conditions if your office is filled with negativity.
Recognition for achievements: people like to feel appreciated. If you’re not recognising your employees for a job well done, they may feel undervalued, causing them to look for work at a new company that appreciates their contributions.
Need a little advice on how to make top talent stick around? Contact the staffing experts at HR GO Recruitment. We know high turnover levels can have a negative impact on your business. We're here to help you determine why your employees are leaving and to offer valuable insights to make them stay.