A significant number of employees are leaving their jobs for better opportunities. Among the reasons are low pay, no room for advancement, little communication from managers, and lack of appreciation for their work. Fortunately, you can take action to resolve these issues. The sooner you create and implement a plan, the more likely you are to retain more team members. This reduces the amount of time and money spent on recruitment.
Implement these tips to retain more team members during this time of high resignation.
Provide Competitive Compensation and Benefits
Your team members deserve to be rewarded well for their efforts and accomplishments. Even if your budget is tight, you may save more money long-term by increasing compensation and benefits to reduce turnover. If there is no room for raises or pay increases, bonuses or additional vacation days may be appropriate options.
Clarify Career Paths
Demonstrate specific ways your team members can advance within your organization. Show that their career growth is a priority. Clarify the skills and steps needed to move up. Invest in training and development to help your team members reach the next level. This can increase their desire to stay with your company long-term.
Talk openly about the issues affecting your team. For instance, share information about the changes going on within your organization. Talk about how your team members may be affected and how they feel about the changes. Also, ask your team to note when they are offline for a family or personal appointment. This encourages them to blend their work and personal life during office hours. The integration of work and personal responsibilities contributes to your team members’ physical and mental well-being.
Express Employee Appreciation
Point out your team members’ contributions and results. Include how they added value to your organization. Be sure to blend your public and private recognition with verbal and written praise. This may involve an e-card, text message, or Zoom message with your team member’s family or friends present. Or, your praise could occur during an individual or team meeting or elsewhere in the office. Your team members are likely to remain engaged, productive, and loyal to your company.
Work with a Staffing Agency
A staffing agency that specializes in your industry has skilled talent ready to begin work in a short amount of time. You can choose from part-time, full-time, contract, or direct hire employees to fill your staffing needs. This provides the flexibility you need to manage your changing workforce.
Need to Add to Your Team?
Corps Team has the experienced workers you need when you need them. Get started with us today.