4 Tricks and Tips You Need to know to Retain the Best Employees |
Posted: September 25, 2017 |
No matter the size of your organization, having the right employee for the right profile at the right time can be a critical element to succeed. It has been noted that the cost of finding and training a replacement can sometimes double the monthly salary of the employee who is serving notice. Not only are there fiscal repercussions, the new employee can also have lack of knowledge and less experience if not hired properly. That’s why, many organizations provide employee retention training to employees so that can retain the best employees and avoid this negativity. Follow these easy tricks and tips to hire right candidates and retain your current employees. 1. Hire the RightBefore hiring, interview and vet a candidate thoroughly. Don’t just focus on the right skills, but also assess whether he or she will fit well with the company culture, collagenous and TL and manager. Gather some data of prospective employees and make sure which candidates would fit the best. A job seeker may have some additional skills or work portfolio on his credit you should consider to look at. 2. Competitive packageRemember, to keep great talent, be ready to pay great. Offer the package based on his experience and skills, requirement and productivity, supply and demand, geographical location, seniority and much more. There are many other persons like flexible working hour, transportation facility, etc. 3. Be a Trusted FriendLike you always want to defeat your competitors, employees also want to work for the winner. Not only does it tempt them to work longer, but also let them feel pride. Understand your competitive advantage. It is the thing that keeps you apart in the crowd. Let your staff know about the top product you deal in, software and other tools. 4. Cohesive StrategyIt’s not possible for you to retain an employee heartedly. Everything you do should be done according to a plan. Set a complete and overarching retention strategy. Your HR executives can make the strategy easily if you provide them with proper employee retention training. Besides, creating employee-friendly culture and encouraging a smooth work environment is other parts to retain your staff. The bottom line is that the importance of employee retention is a must. You should not ignore it. It is good to offer the retention training program to employees. This will help you understand the essential things you should have to retain the best staff.
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