Employee Retention

Staff Retention Strategies

Your key players can give you a competitive advantage. They are your in-house talent and your greatest asset. As a hard-working business owner, do you have the best staff retention strategies in place to manage and reduce “churn”?

If you’re concerned about this issue, HR Business Consultants can help, so feel free to get in touch.

Why is Employee Turnover a Problem?

Let us be honest here: over a period of time, if a high percentage of people leave your operation, whether voluntarily or otherwise, then most likely something is not right.

You may recognise these issues in your organisation:

• Those remaining may lose morale
• Their quality of work may decline
• Customer relationships are at risk
• Replacing and onboarding talent is very difficult – and expensive
• Employee engagement declines…
• …which leads to further resignations.

Employee Retention – Where We Are

Whilst there will always be a certain amount of turnover, losing staff members can take its toll on your business.

Maybe a staff member has experienced a drop in job satisfaction; work is no longer meaningful. She or he no longer “belongs”. Perhaps there’s little or no route to professional and personal growth – or at least, they see it that way. There could be an issue with working relationships.

Importantly, today’s workplaces have seen a turnaround. A change in our culture, no less.

Increasingly, the world of work favours the employee in terms of choice. In other words, our fast-moving labour market can empower staff members to move elsewhere for better pay, greater opportunities, a better work-life balance, personal issues – or for any number of reasons.

It doesn’t have to be like this.

 Let HR Business Consultants Help You

With expert advice on the right staff retention strategies, you’ll understand more about how to keep that all-important knowledge and experience in-house.

Talk to us about:

• Hiring the right people for the job
• Job descriptions
• Onboarding techniques
• Stronger, better appraisals
• How to communicate clearly and effectively – this works both ways!
• Easier ways to identify development needs
• Training plans for growth
• Employee benefits
• Pay reviews

For a great business, you need great people. And, in today’s competitive environment, hanging onto them is a must.

Let HR Business Consultants help you develop the absolute best staff retention strategies – and watch your organisation grow.