Retention - Don't let your top performers slip away
DON'T LET YOUR TOP PERFORMERS SLIP AWAY
In the dynamic landscape of modern business, attracting top talent is just the first step toward success. Retaining that talent, nurturing it, and harnessing its full potential is the true mark of a thriving organisation.
After 17 years in the people business here's what we've learned about how to reduce turnover, boost morale, and cultivate a culture where every team member feels valued, empowered, and inspired to contribute their best.
1) ONBOARDING
HIRING DONE! But you can't stop there. The very first few days, weeks and months set the tone for a successful tenure within an organisation. A well-structured onboarding program is needed - it will accelerate the integration of new employees into the team but also foster a sense of belonging and commitment from day one. Here are some essential components:
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Orientation
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Introduction to Tools and Resources
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Training and Development.
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Mentorship or Buddy System
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Goal Setting
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Socialisation Opportunities
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Ongoing Support
2) LEADERSHIP AND SUPPORT
A staggering 68% of employees leave their bosses. Strong leadership is essential for creating a positive work environment, fostering employee engagement, and ultimately, retaining top talent within an organisation. Good leaders will:
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Set the tone
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Provide Direction
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Build Trust
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Offer Support and Development
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Value Contributions
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Celebrate Team Wins
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Address Concerns and Issues
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Model Desired Behaviors
3) LOYALTY AND ENGAGEMENT
Transforming new hires into fully engaged team members is just as important as finding them. The ongoing strategy comes down to a comprehensive and supportive aftercare program ensuring top talent stays. Positive experiences, help companies mitigate the risk of early turnover, increase employee engagement, and lay the foundation for long-term retention. These experiences lead to higher job satisfaction, a greater loyalty and the likelihood of staying with the company for the long haul. Key aftercare elements include:
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Reward programs
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Professional and personal development (and the pathways to go with it),
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Effective communication channels
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Well-being and benefit packages
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Mentor and support offerings
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A positive and inclusive environment
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TRUST
WANT MORE?
READ about how an mme business partnership forged long-term retention averaging 9.8 year tenure.
TALK TO US about how we can support your attraction & retention strategies