Retaining Staff in 2020
Staff retention is often a big challenges for talent managers but can be overcome by considering and listening to the career needs of employees.
With employees typically searching for roles which offer them career progression, support, and a range of perks and benefits, reviewing your organisation's current practices can contribute significantly to ensuring it remains attractive to staff.
Review the Benefits your company offers employees
One of the main reasons why employees will seek out a new role is due to the benefits that they are getting in their current one. Many people are not satisfied with their salary, their holiday allowance and other benefits that are typically included in this kind of package. Many roles advertise their benefits when recruiting and this can attract members of your team.
If you want to retain staff today, dedicated software can help achieve the right balance in providing staff with support. One such package is the Zest's employee benefit management system.
Create New Roles
Our next tip for those who want to retain their staff in 2020 is to offer new roles and opportunities for progression. Many companies lose valuable staff members because they have no room to grow and they end up seeking a new position with more responsibility elsewhere. While you might not have any available roles to offer right now, there is always the opportunity to reconsider this.
Why not spend some time restructuring your business? You might find that changing the roles could free one up for you to promote a team member. With new roles and new opportunities, you can encourage your team to stick around for longer.
Good Working Environment
Another common reason why your team might start applying for new roles involves the working environment. If your office is not fit for purpose or there are additional issues, your team might not be satisfied. As an employer, you have a responsibility to create a good working environment for your team in order for them to excel.
If this is something that you are considering, make sure to consider the layout of your office. Other areas to address include removing distractions, creating social areas and offering more breaks. With a good working environment, your team will be pleased.
Ask for Feedback
If you are really struggling to retain your staff, then you might want to think about asking for feedback. With feedback, you can find out what is going wrong and make changes to the things that matter to your team. While you won’t be able to solve all of their problems, feedback can be a great tool for encouraging them to stay in their current role.
There are a few ways that you can ask for feedback including through team meetings and though 1-1s. It might also be useful to perform some exit interviews with staff members who have already found a new role
If you have a team that you want to stick around then it might be time to rethink how you are running things. Use the tips that we have given you in this article to make some positive changes that your team will appreciate. Hopefully, over time they will see that you are improving things and they will not seek out new roles.