5 Ways to attract and retain top talent
Introduction
If you’ve never given much thought to the benefits and perks your company offers, now is a good time to start. Why? Well, for one thing, it helps with recruitment; people are more likely to work harder for an employer who shows they care about their wellbeing. And secondly, it can help retention rates - employees will be less likely to leave if they like what they see on-site. What kind of benefits and perks do some companies offer? One thing to keep in mind is that there's no one size fits all solution when it comes to attracting talent. Read on!
When determining which benefits to offer your employees, you should consider some important factors. You want something that will appeal to the majority of them and meet most needs and desires.
Flexible Hours
Flexible hours may allow your employees to take care of personal matters. Yes, you may not like this one. But doing personal tasks during the workday is very common and sometimes necessary. Ultimately, this could lead to less stressful employees who are less likely to call out for work.
Time Off Options
Next are time off options like a vacation or sick days as well the option for paid and unpaid personal time off (PTO). Employees value PTO because it gives them greater flexibility in how they use their paid leave. If needed, an employee can take some of their accrued PTO when they need to most without compromising job security; sometimes, there is no better remedy than a much-needed break away from work.
“The only thing worse than training your employees and having them leave is not training them and having them stay.”
Training & Development Resources
Third, training and development resources are vital for employees, including tuition reimbursement or onsite/offsite courses to enhance job-related skills relevant to the job market. When a company invests in its employees by providing them with these opportunities, it shows that they care about creating an environment where people can develop themselves, professionally and personally. This opportunity creates a supportive workplace culture which will make it easier for the employee because they'll be able to do their best work without worrying if there might be negative consequences associated with showing initiative outside of one's role description.
“If you hire good people, give them good jobs, and pay them good wages, generally, something good is going to happen.”
Great Work Environment
Finally, a great work atmosphere! Happy employees with the right attitudes create an inspiring and fun workplace. Creativity, productivity, and support among each other result from this type of environment.
Compensated Fairly
When employees feel they are being compensated fairly and see the benefits of staying with a company for an extended period, you will notice it reflected in their work ethic. A strong workforce means fewer problems down the road, such as low morale, high turnover, and an unpleasant work environment.
Conclusion
The benefits you offer your employees are a reflection of the company culture. If you want to be known as an employer who is committed to their people, it's important that they feel valued and respected on all levels--from pay and hours to work environment. When determining which benefits will best appeal to your workforce, consider these five factors (flexible hours, time off options, training and development resources, competitive wages, great work environment) in order for each employee type to feel seen. These versatile perks can help with recruitment and retention while supporting productivity at every level of the organization. A Strategy Session with our team is an excellent way for you to brainstorm ideas on how best to make these decisions-contact us today!
