While there are still
millions of people unemployed, it is not stopping those who are employed from
looking for better opportunities. In
fact, with the rise in “Unemployment Discrimination” some employers who are
hiring will pay more attention to an employed applicant than an unemployed
applicant. This new practice is wrong but
gives employed applicants’ preferential treatment in the interview process and
a greater likelihood of gaining employment with another company, maybe even
your competition. Did you know that nearly 70 % of organizations report having difficulties in replacing staff and one in four of new hires will leave within 6 months? Couple these challenges with employees who feel over worked underpaid and underappreciated and you have disenfranchised employees who are prepared to walk the first good opportunity they get.
So what can you do to retain your employees and minimize the costs of high turnover?
It all starts with hiring the right person.
· Making
sure the candidate is a good fit before the first day of work is critical.
It all starts with sourcing candidates from the right place. While Monster and
CareerBuilder have always been the staple go to, branch out and explore
LinkedIn, niche job boards that pertain specifically to the job function you
are recruiting for and don’t under estimate the power of your network. A quick
email to your network could result in a referral that is a perfect match.
· Use the
interview as your opportunity to get to know the “real” candidate. Every time you sit down with a candidate, they
put on their interview face . When the
candidate has on their interview face they
tell you everything you want to hear. They have memorized the job posting,
researched good answers to common questions and smile the entire time with
great eye contact. To get beyond the interview
face combine a structured interview process with behavioral based questions.
Set clear company expectations and position requirements. Incorporate more than
one hiring manager and don’t hesitate to have follow-up interviews to clarify
any concerns.
· Don’t
rush the hire and neglect conducting proper due diligence. We encourage
companies to conduct background screenings, always check references and verify
the candidates background. Taking this step should be combined with all the
information obtained through the interview process to aid you in making the
hiring decision.
· Make it a
great start. Once the position has been offered and the first day has been
set, start the new hire off on the right foot. A new employee orientation can
go a long way in setting the tone for your new employee. Make them feel welcomed and a part of the
team. Training from day one helps build the foundation for a successful
relationship.
So you have a great team now how do you keep them?
· Make employees feel valued. Create
a culture that embraces and celebrates your employees and their
accomplishments. Train, mentor and
develop your team from top down. Reinforce your employee’s value through
recognition and make your organization the place your employees enjoy coming
every day.
· Provide feedback and opportunity
for growth. Incorporate
a performance management process that hold employees accountable, provides
feedback and promote from within giving opportunity for growth.
· Build trust and confidence in the
leadership team. Live and breathe your mission,
vision and brand! Employees have to
trust their leaders and believe that they have the competence and passion to
grow the business. Inspire your employees
to be the best they can be and follow that mantra in everything that you do.
It is no
secret that happy employees are one of the most important components of your
brand strategy. Remember if you recruit the best person for the job and nurture them as
employees you can create a great place to work and your business will thrive.
About us:
Complete Concepts Consulting is a human
resources consultancy specializing in compliance for small to mid-sized
businesses. We offer a non-conventional approach to human resources management
to meet the unique needs of small to mid-sized businesses. Our HR methodology
has been proven to reduce costs and mitigate risks for our
clients.
