Uploaded on Jan 20, 2021
Employee turnover has been on a rise in the last few years. Hence, it is no surprise that more and more companies are concerned with retaining talent. To retain talent you must provide them challenging work opportunities that allow them to grow and contribute to their personal and professional growth. By establishing comprehensive background screening in India, you will be able to hire the best candidates and reduce employee turnover.
Managing attrition and retaintion rate
Managing attrition and
Retaining Talent
Employee turnover has been on a rise in the last few
years. Hence, it is no surprise that more and more
companies are concerned with retaining talent.
Creative strategies beyond monetary concerns can be
deployed to attract and retain talent.
Hire the Best
A bad hire can cost you in terms of finances,
productivity, and credibility. Hence, you must start with
hiring retainable employees. This can be done by
implementing a comprehensive screening program
that helps you choose from a pool of top talent.
Clarity
Employees switch jobs due to lack of clarity in job
positions, expectations, earning potential, and
performance standards. Organizations that have
inefficient systems and uncertainty about role definition
fail to retain employees. Employees prefer getting clarity
about their job profile and what is expected of them.
Flexible Environment
Most employees today seek work-life balance. It is
important to maintain discipline, you cannot expect
your employees to work like machines. Giving your
employees benefits like telecommuting, cafeteria-
style work environment, and flexible work
assignments can help you retain talent for a long
period.
Growth Opportunities
Employees today prefer a learning environment, where
they get opportunities to learn and develop new skills.
While training and development work as a retention
strategy, to retain talent you must provide them
challenging work opportunities that allow them to grow
and contribute to their personal and professional
growth.
Optimum Skill Utilization
Harnessing talent to manage human resources in an
organisation is another way to retain employees.
Employees have hidden talents and multiple skills,
which they prefer using to grow in their career.
Breed Leaders and not Supervisors
Developing leadership capabilities that allow
supervisors and managers to act as facilitators will
help you retain talent. Most importantly, managing
human resources starts with recruitment. By
establishing comprehensive
background screening in India, you will be able to hire
the best candidates and reduce employee turnover.
Thank you.
SecUR
Credentials
https://secur.co.in
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+91 22 29217100
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