Retain the workforce and hire for growth!
Scalexperts
Your Dedicated AI Talent Partner: Scaling the organisations of tomorrow
Retain the workforce and hire for growth!
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Time is precious; you’re in the midst of a sprint, delivering on several releases. The stress is growing. Then comes the knock at the door. In comes your best Engineer, the integral cog in all these projects. “I'm resigning”. The words you were dreading! They’ve found another job, and they’re handing in their notice immediately.
This is a situation that is unfortunately recognisable for Management and Stake Holders alike. But why does it happen? Sometimes, it’s unavoidable. The employee was a flight risk, or maybe you were unsure they fitted the culture. But in many instances - they’re leaving because they’ve just had enough.
Nobody said retaining staff was easy, and there’s no one-size-fits-all approach.?
With that in mind, below is Scalexperts quick and easy-to-implement ideas that will stem the flow of talent your business could be losing.
1. Upskill, train and educate
Invest in your staff and help them diversify their skill set to become an even more critical part of your business. Reward their growth and ensure they feel valued. It’s a win-win! Remember, the person you hire shouldn't be the person you end up with.
2. Be transparent about salaries and career growth
When you hire and throughout their tenure, employees need to understand their value to the company and the growth potential, financially and personally. “Companies that pivot, have no clear direction, hire with no strategy cannot expect to retain staff”, comments Director James Hamilton-Reed .
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3. Reward hard work
On a similar note, reward those who work hard. If somebody has helped your company achieve a big win, new client or just been remarkable- let them know about it. It will encourage higher levels of success for them and everyone around them in the future. Often we’ve seen spot prizes work well. Here are a few ideas by Snack Nation?
4. Encourage positive thought and creativity
Employees who feel trapped within their role tend to flounder. Encourage growth, positivity and creativity and allow your Talent to flourish. The happier and more engaged they feel, the less likely you are to lose them.
5. Mentor new hires
Whilst onboarding new talent, ensure they feel supported every step of the way. A mentor is a great way to bring them onboard and make them feel part of the company quickly. The mentor will also benefit and, in return, will feel their career is moving forward.
6. Honesty is the best policy
Don’t lie on the job spec or advert. If an individual feels their job hasn’t been adequately described, you’ll lose that person quicker than they started! Break down the day-to-day duties, working environment and company culture! Be honest and candid about what the role entails to attract the best-suited staff.
7. Open and approachable leadership team
An open leadership team means staff feel respected, listened to and valued. Often new hires bring a wealth of experience and ways of working from past businesses that will help scale yours!?James Ilott Scalexperts Director comments, “Irrespective of their job title or seniority, knowing their problems or ideas can be voiced adds enormous value. I've personally experienced times where I challenged or shared thoughts with Senior Stakeholders, only for them to fall on deaf ears. It creates unrest and a sense of bad management"! Listen. If they have a problem - encourage a conversation to fix it.
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Let's make that knock on the door a positive one! Retain the workforce and hire for growth!