It’s hard to believe we’re halfway through 2023! If your business has been challenged with recruiting and retaining top talent this year, we want to share a few helpful tips to keep your new hires happy for many months to come. Keep reading to learn our employee retention recommendations from the team at Prescott HR!
Why are companies struggling with retention?
Ever since the start of the COVID-19 pandemic, employees have been reevaluating their career priorities. Employees want work flexibility that was not previously offered to them before the lockdown in 2020. Many workers have been unable to attain reliable childcare, as well, which has rendered them unable to do their job. Other reasons include a competitive hiring landscape that has allowed employees to switch jobs and earn more income.
Best Practices for employee retention in 2023
Here are our recommendations to recruit and retain top talent in 2023 and beyond.
- Offer flexibility: Consider allowing your employees to perform their job remotely. We recommend a flex-work schedule to allow your employees to determine where they want to work. Not every employee wants to be a remote worker, so you should allow the option for employees to work in-office full-time or for a few days per week.
- Reduce burnout: The pandemic taught us many things, especially how easy it is to burn out at work. Evaluate potential pitfalls for new employees to fall into that can lead to burnout. Are you providing proper support from a management level? Do your employees have a manageable workload that they can complete during normal business hours? These are important questions to ask before hiring new talent.
- Offer work perks: Top companies are offering work perks that are difficult for employees to turn down. You have to keep your business competitive by also offering work perks that will keep your employees happy. Some examples include strong healthcare plans, great benefits, paid time off, competitive compensation packages, opportunities to advance, educational credits, and more.
- Evaluate your onboarding process: When hiring new talent, you want to make sure that your business’s onboarding process is clear and buttoned up. A transparent onboarding process can set your new employees up for success, which will help cut down on turnover. When onboarding a new team member, be sure to clearly outline expectations for their role, plus any policies or procedures that the employee needs to follow.
- Communicate well and often: If an employee is not feeling heard or confused about their new role, that may push them to start looking around for a new job. You want to be sure that your upper management team is communicating clearly and effectively with every employee within your organization. Consider setting up an open communication channel through platforms like Slack or Microsoft Teams to make sure your employees all stay on the same page.
Work with Prescott HR
Does your organization need help with retaining employees? We are here to help! Prescott HR offers a wide range of services that can help your organization evaluate your current policies and incorporate new ones, as needed. Our unintimated HR practices allow us to be focused and effective, providing your business with precisely what you need. Give us a call today at 443-351-8818 or contact us online.