Retention is better than cure

|
What's the best way to pay for HR support? - A presenter talking in front of a pink background.

Over the past few weeks many of my clients have said they’re struggling to recruit. With unemployment at its lowest, the ongoing impact of brexit and the pandemic and the current uncertainties in the world attracting talent is even more challenging.

With all these challenges affecting businesses, it is forcing employers to think more about their employee retention strategy – prevention (retention) is better than cure (having to recruit).

But how do you go about it? Here are our top three tips.

Transcript

If you just want to read it, here’s the transcript:

You may have heard about the great resignation?

Since COVID, people’s attitudes towards work have changed and employees are now looking to leave their current roles, in search for something more fulfilling. Or a role that provides a better work life balance.

This is particularly true for working parents. According to a recent survey, 38% of parents are planning to look for a new job this year.

If you’re keen to keep hold of your best people, there are some things you can do to encourage them to stay.

One:  Encourage open conversations – especially around caring responsibilities.

If your people feel they are being heard and understood your working relationship becomes a lot stronger.

Two: Make sure you have the right policies in place to help support and accommodate those who may require additional support or flexibility.

And three, although a fair salary is important, think about what other perks your company can offer.

As always, if you’d like any further help or advice, just give us a call.