The pandemic has given employees a chance to reflect on what is truly important to them at their workplaces. As such, we have seen an ongoing trend in which employees are resigning from their jobs.
As an HR professional, I have seen many companies participate in various recruitment methods trying to attract top talent but I don’t see companies trying to RETAIN the talent that they already have as much.
While the focus has been on attracting new talent, it would be beneficial to evaluate what it would make current employees stay. Now employees are interested in more than a high salary and a benefits package. Employees want to feel valued, supported and appreciated.
Keep reading for some tips on how to retain your top employees…
3 ways to show current employees their value:
- Regularly reviewing compensation levels, and having a transparent pay scale. It is true that you get what you pay for. If you are paying your employees on the lower end of the industry averages, it is likely that your employees will be the lower performers.
- When possible, allowing flexibility. Employees value having the autonomy to set their own schedules. By giving employees the freedom and trust to complete their work from home, or outside of the 9-5 constraint, companies are able to help employees have a healthy work-life balance.
- Investing in the employee experience. This goes beyond providing pay raises and skills training. Retaining top employees involves actively removing hierarchical barriers by opening lines of communication, seeking feedback and suggestions, and involving employees in company decision making. All of these factors can contribute to a positive workplace culture
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