There’s really nothing better for a business than having a team of professionals work together for the long haul – all striving to achieve a common goal.
Where everyone really has a solid idea of each other’s strengths and weaknesses. Where you know that you can rely on someone, because they’ve proved themselves time and time again.
According to the Yukon Bureau Statistics Survey of 2008, it’s been found that over 85% of employers tend to increase wages in order to keep employees; but we’ve found a more sustainable way to do it, that isn’t just about the money.
These are our 5 strategies to achieve employee retention bliss:
Recruitment is a deceptively difficult process, and an often overlooked part of relationship longevity.
Creating the perfect team needs to be done from the ground up. It’s essential that the exact right people hired; they need to have the right personality for the job, the company, and for the current team. Interestingly enough, most employment relationships that end within the first year are due to culture mismatches – not a lack of skills.
We have put a lot of thought and effort into our recruitment process – and it’s been so worth it! To see our full process and get all our tips and tricks you can read this post. For now, though, here’s one quick and dirty tip that we’ve found invaluable:
We’ve found that asking candidates for a video application is a quick and effective way to get the measure of someone before having to make contact with them.
It allows you to see how they communicate, read their body language, judge their energy and get a better sense of their personality – and do all this before you agree to meet them.
Interviews and email back-and-fourths take time and energy; a video application is the perfect way to avoid all this while still getting great intel.
This is something that’s easier said than done. Many companies may think they’ve got a great company culture (foosball tables and drinks on Friday nights), but it goes much, much deeper than that.
An awesome company culture needs to really show how much a company cares for their employees. They can’t just say that they care, or just have care as one of their “values”. I’m talking about a culture that allows their employees to grow, and develop their own skills.
A company that genuinely wants their employees to achieve a work-life balance that makes them happier, and more productive. Not to mention, more loving towards their job!
This is why company culture is so, so important for employee retention.
We’re pretty proud of our company culture here at CleverClicks. So much so, that we wrote a blog post about it (of course!). You can also check out what we wrote about 5 other awesome company cultures you can learn from here.
Our team here at CleverClicks all believe in what we do. Our goal is to help businesses grow quickly, and this is something everyone in the team is very passionate about.
Here are some proven ways to ensure that the vision of your employees are closely linked to that of the company’s:
Trust within a team can go such a long way. Once you start trusting your employees with doings tasks on their own, something incredible happens: It becomes their task, and there’ll be nothing they want more than do an amazing job with it.
These are some great ways to establish trust in the team (besides hiring people with similar values in the first place):
We are huge believers of personal growth here at CleverClicks, and you should be to!
We set aside a few hours every week to learn new things and improve our skills in digital marketing, which is incredibly rewarding.
We also have individual monthly meetings with our amazing business coach, who helps us optimise our personal workflow and achieve the results we want. .
Be the boss you’d have wanted as an employee.
“Employees don’t quit jobs. They quit managers” – Steve Maranda (Centre for Advanced Human Resource Studies).
Steve Maranda estimates that poor man-management causes an unbelievable 80% of employee turnover!
So if you can be the boss you’d have wanted as an employee, there’s no doubt you’ll be able to form a team who are in it for the long haul!
So, if you’re having some issues with employee retention, you’re not alone. And if you’re thinking of splashing the cash to make your employees happy, you may want to think again.
Achieving the perfect employee retention rate isn’t easy, but it’s not impossible if you follow our 5 strategies.
Best of luck!