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Seven reasons staff leave - How to keep good staff from leaving
 

Seven reasons staff leave - How to keep good staff from leaving

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It doesn't matter what you build, invent or sell; your organisation can't move forward without people - Employee retention, especially of your best, most desirable employees, is a key challenge in ...

It doesn't matter what you build, invent or sell; your organisation can't move forward without people - Employee retention, especially of your best, most desirable employees, is a key challenge in organisations today. Keep hold of your staff and keeping staff happy makes great business sense in the long run. Why good employees will leave an organisation and what to do to prevent it

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Seven reasons staff leave - How to keep good staff from leaving Seven reasons staff leave - How to keep good staff from leaving Presentation Transcript

  • How to keep good staff from leaving (The seven reasons employees leave and how to counteract it) Content derived from Leigh Branham – ‘the 7 hidden reasons employees leave’
  • The importance of keeping staff It can be tough to evaluate the cost of losing staff – but it’s real, and it can be significant. Just consider the cost to your business of:  Lowered productivity – You lose capacity when people leave  Overworked staff – Other staff have to pick up the work  Lost knowledge – What advantage did the persons knowledge give you  Training costs – This can be in formal training or simply time Call a specialist recruitment advisor at Pathway 0121 707 0550
  • The importance of keeping staff  Interviewing costs – For management Interviewing is time consuming – what else could you be doing?  HR/Management time – Preparing the job spec, advert, reviewing CVs – it’s all time consuming and therefore costly  Recruitment fees – If you’re paying them this is a direct cost In Short – It’s worth hanging onto good staff… Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Understand the basic needs of staff  The need for trust – In the company to deliver its promises and to communicate openly  The need for hope – To believe they can develop and advance  The need to feel a sense of worth – To know that contribution will be rewarded and it makes a difference  The need to feel competent – To be matched with a job that suits their skills set Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Why do staff leave? and how do I stop it? Call a specialist recruitment advisor at Pathway – 0121 707 0550
  • The job or workplace is not as expected? THE SOLUTION  Be open about the workplace and job from the outset  Are their team issues or strong characters?, what is the culture? – State these clearly from the outset  Set realistic job descriptions  Don’t sugar-coat a role. Describe it as it is.  Get team members involved in the interview process for new staff  Help assess chemistry and get team buy in  Employ from within Call a specialist recruitment advisor at Pathway 0121 707 0550
  • A mismatch between the job and the person THE SOLUTION  Conduct a rigorous interview procedure  Train managers and recruiters in this  Cast a wide net when searching for talent  Find the right people with the skills your business needs  Have a genuine commitment to upgrading talent  By improving the people you have and bringing in new talent when necessary  Track the success of recruitment  And learn from it Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Too little coaching and feedback THE SOLUTION  Create a culture of feedback and coaching  This starts with managers  Ensure new staff have an intensive coaching process  This gets them aligned with the business from day 1  Train managers in effective coaching and feedback  You are putting managers in charge of expensive assets, give them the tools to do the job well Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Too few growth opportunities THE SOLUTION  Commit to growing employees  Provide training opportunities, be clear on career progression and keep staff informed of business plans  Employ from within  Show that your business rewards success and give staff examples to follow by promoting internally  Don’t fear training staff who might then leave  Instead, consider the effects of not training - and them staying! Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Feeling devalued and unrecognised THE SOLUTION  Offer good wages  Poorly paid staff will look for other jobs. They may be capable, but you may not get their best  Reward achievements immediately  Associate the achievement with the reward by giving bonuses straight away (even small ones)  Ask for staff input…and act upon it  Give your staff the tools they need to do the job well  Equipment or training – whatever is needed Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Stress from being overworked THE SOLUTION  Provide flexibility  This could be working practices, flexible holiday arrangements or time off  Encourage work life balance  Ensure your staff are looking after things at home – reward performance with a dinner with their wife, boyfriend or family  Create a comfortable work environment  Small touches show you appreciate their work and allow people to enjoy time at work Call a specialist recruitment advisor at Pathway 0121 707 0550
  • A loss of trust and confidence in leaders THE SOLUTION  Create and deliver a workable plan  Employees want to know that the organisation will be successful – it’s important for their future  Do what you say you’re going to do  Remove any reason for cynicism by backing up words with meaningful actions  Give staff real responsibility  Give your staff genuine responsibility to deliver a project and watch their engagement and motivation grow Call a specialist recruitment advisor at Pathway 0121 707 0550
  • Pathway Group Promoting and encouraging education and training and improving and advancing employment prospects for individuals and thereby contributing to the success of small and medium sized employers. To learn more, visit… www.pathwaygroup.co.uk Call a specialist recruitment advisor at Pathway 0121 707 0550