Attracting and retaining high-performing employees continues to top every company’s to-do list. In present times, the most qualified candidates are looking for more than compensation packages and benefits, as they seek to work in an environment that makes them feel valued and has a strong company culture. Organizations are also hoping to retain talent by expanding their compensation packages to include services and employee perks in addition to competitive salaries.
Source: 7 Keys to Attracting and Retaining Talent Globally (hrinasia.com, 2016).
The big question for companies is: which steps are necessary to recruit skilled workers as well as retain them? Here are a few tips to consider:
Communicate with your employees
It all comes down to this – communication. Employee-driven feedback is critical to improving the organization’s performance as well as the employee’s individual performance. This can be done through reports, periodic meetings, and training opportunities, to name a few. In doing so, employees are more engaged, gain a deeper understanding of what is expected of them, and feel valued and recognized for their efforts. Through communicating and providing feedback, both the employer and employee are able to grasp a clear understanding of the quality of work needed to be successful in their role, share ideas with one another, and come up with solutions to problems that may arise.
Cultural intelligence
When recruiting and working alongside employees from a number of cultural backgrounds, cultural intelligence will be your safety net. In an organization, cultural intelligence can be developed through mentorship programs, workshops, and recruiting individuals who are willing to learn and adapt to new cultural perspectives. Through such initiatives, employers can avoid unnecessary conflict, stereotyping, low stress tolerance, and delays or failure in communication. If people are the most important asset to an organization, equipping them to feel safe and understood in the workplace is essential.
Your organizational culture
Be clear about your organization’s culture, as well as what you value and look for in terms of finding the best-fit. By doing so, employees tend to feel more engaged and are more likely to flourish, as their values are aligned with those of their employer. Take into consideration what your employees value, as most won’t feel incentivized to continue working for a company who leaves them little to no work-life balance. Nowadays, many workers strive for a healthy equilibrium between their job demands and leisure beyond the workplace. Companies can promote and embrace this balance by offering employees flexible workdays, designing the workplace such that everyone can easily interact with one another, and opening office doors to all. Gym memberships or yoga activities are also great and innovative ways to promote a healthy work-life balance in the office.
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