No matter how a company tries to involve technology or any strategy, if they do not have the best employees to work with and realize such means, achieving success will be quite challenging. According to the United States Bureau of Labor Statistics and a global employee experience trends report carried out by Qualtrics, a whopping three million employees resign from their jobs monthly. At the same time, 87% of workers will continue to do their jobs if they are highly engaged, and retaining employees is a big issue that most companies face due to the ever-changing trends that continue to happen. This is why it’s crucial for you to firmly ensure that you hire the right people and train them properly in your company to reduce turnover rates.
Having the wrong employee in your company can be disastrous both in the long term and short term. Trying to look for employees with more than the required ability and suit your company’s culture is necessary if you want to keep operating. Let’s consider five ways to hire and retain top talent in your team.
Look for the Right Candidates
It’s one thing to hire someone in your company and another thing to employ the right and actual person for the job. This is why you must hire innovative people with a lot of creative skills and authentic experience to hit the ground running when they start working. Looking for suitable candidates can be done by giving clear work descriptions, examining potential employees’ interests, carrying out transparent onboarding practices, and optimizing social media networks.
If you’re running an EOS system, then you should look into hiring integrators. The term “integrator” was coined by Gino Wickman in his best-selling business books Traction and Rocketfuel. You typically learn about integrators when implementing the Entrepreneurial Operating System (EOS) as a management practice for your company. “An Integrator is a person who is the tie-breaker for the leadership team, is the glue for the organization, holds everything together, beats the drum (provides cadence), is accountable for the P&L results, executes the business plan, holds the Leadership Team accountable, and is the steady force in the organization.” (EOS Worldwide)
Be Sure You’re Training New Hires Correctly
Adapting to a new environment for new employees is not always easy, so you must put in place structures like training for new hires to make them feel comfortable and relaxed. One of the keys to ensuring that employee talents get to be adequately nurtured and they can stay in the organization for long is training new hires in the right and accurate manner. This is why you must not make the mistake of thinking that new employees don’t have to be either trained because of wherever they may be coming from or taught them wrongly.
It’s imperative to train new hires to either add more skills or get a decent upgrade on the existing ones, accelerate their efficiency and promote their growth which ultimately reduces the turnover rate in your company. You can put a new hire training plan in place, like orienting new employees about what your company is all about and letting them know the variety of tools, packages at their disposal, and roles they have to play. Carrying this process out helps your employees produce excellent results and remain focused, which can be vital to your company’s success.
Get Everyone Onboard With Standard Operating Procedures
A Standard Operating Procedure (SOP) is a document with which you can input everything about how your company works to help anyone navigate their ways and roles successfully. Since new employees are just getting familiar with the environment, you can’t blame them if they don’t do things the right way, which is why providing them with SOPs from day one will go a long way in setting things right. Well, hiring top talents does not come easy, and even retaining them is pretty hard. Still, with SOPs, they become very familiar with the rules and guidelines of your company and will indicate if they can carry on with their jobs from the beginning or not.
Do you know that employees can get quickly comfortable and run things efficiently with the help of SOPs? Well, that’s part of the perks of getting everyone onboard with standard operating procedures done. This helps your company to save costs of carrying out the repetitive process of hiring and rehiring, increases employee retention rate, and ensures that your business keeps running well.
Use the Newest Tech
You can’t deny that technology plays a massive role in attracting and keeping hot talents in most organizations. This is why it’s essential to make full use of the newest technological innovations to draw the right employees that can give your business a good boost. Using the latest tech tools like a GPS time clock helps you track the periods at which your employees carry out their daily jobs and progress. This would make them meet deadlines, ensure that they don’t lag in their duties, and keeps them entirely on their toes when going about their business.
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Improve Knowledge Sharing Through Data Security
Not every employee in your organization has the complete knowledge to apply when situations arise. This is why you need to encourage knowledge sharing, which is a means of knowledge transfer (either documented or not) from one employee to another. You can carry out or improve knowledge sharing in your company by supporting a knowledge-sharing culture, bringing in experts to share what they know, and having a data security system. When you commit efforts to improve knowledge sharing among employees in your organization, you would be investing appropriately in your employees, increasing their confidence and efficiency, and accelerating their productivity.
Sometimes, some employees have the potential to become one of the very best. Not having strategies and plans to develop them will hamper their growth and harm your company in the long run. Successful companies could achieve this feat by hiring top talents and retaining them.
Andrej Fedek is a digital marketer. He recently started his own blog about digital marketing called InterCool Studio. His passion is to help startups grow and thrive in a competitive environment.