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Hub You - Employee Retention: The 9 Key Strategies To Keeping Your Most Talented People
The field of headhunting is a very challenging one when it comes to finding and recruiting top sales and marketing talent…whether they be executive, mid-level, sales management, marketing management or front line sales and marketing producers. Searching for these types of top candidates is no easy task.If your company is trying to find the best, make sure to bring in an experienced sales and marketing recruiter who can help you. They are worth their weight in gold, and their fees are easily justified. By outsourcing to a search firm, you c
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is t
The market is like a maze where a man gets lost in the web of infinite products. So some 'well thought out' and brilliant advertisement strategy has to be chalked out. This approach should be simple yet captivating. The best device to recapture consumer attention lies with advertising on balloon. Custom imprinted promotional will buoy up your brand image more effectively.You can employ small balloons for your ad or can mount giant blimps to garner larger populace. But whatever size, shape or color you prefer your message should dazzle boldly.
Extensive research into employee retention shows that people leave jobs for a combination of factors. Factors which may include limited opportunities to develop, being in the wrong job, not feeling valued, that the job no longer fits their lifestyle or indeed a sense that they no longer trust and have faith in their employers.
So, to retain your most talented people, you require a strategy that seeks to limit these factors.:
1. Recruit the right people in the right way
If you have hired the wrong person, then you are always going to struggle to keep them. You may have hired someone who has the skills and knowledge to do the job, but do they have the right personality and attitude to fit into your business? Is your business able to match their career aspirations or are they going to be looking for the next job very soon?
Similarly, if you have failed to “wow” a new employee during the recruitment process then the seeds of doubt may already have been sown by the time they join you.
2. Effective induction, training & development
Inducting people effectively – in whatever format - is fundamental. Get it wrong and you have started to sow those seeds of doubt in their minds in the first few weeks. Beyond that, one of the keys to retaining people is ensuring there are opportunities for people to grow, learn and develop themselves.
3. Involve & empower your people
Gone are the old days of telling people what to do. Modern leaders set the business’s vision and direction but fully involve their teams and empower them to make decisions. Once again it makes people feel valued and feel more connected to the business.
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is t
The hardest part of getting a computer career started is just that - getting started! For many career changers, the first step in a rewarding career in IT is attending a tech school such as ECPI or ITT Tech, and then it's off to the job hunt.When it comes to the difficulties you can face getting that first job, I speak from experience. Today, I possess the world's most valuable computer certification and own my own computer training company, but the beginning of my career was very, very difficult. Just getting an interview when you're lo
So, to retain your most talented people, you require a strategy that seeks to limit these factors.:
1. Recruit the right people in the right way
If you have hired the wrong person, then you are always going to struggle to keep them. You may have hired someone who has the skills and knowledge to do the job, but do they have the right personality and attitude to fit into your business? Is your business able to match their career aspirations or are they going to be looking for the next job very soon?
Similarly, if you have failed to “wow” a new employee during the recruitment process then the seeds of doubt may already have been sown by the time they join you.
2. Effective induction, training & development
Inducting people effectively – in whatever format - is fundamental. Get it wrong and you have started to sow those seeds of doubt in their minds in the first few weeks. Beyond that, one of the keys to retaining people is ensuring there are opportunities for people to grow, learn and develop themselves.
3. Involve & empower your people
Gone are the old days of telling people what to do. Modern leaders set the business’s vision and direction but fully involve their teams and empower them to make decisions. Once again it makes people feel valued and feel more connected to the business.
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is t
Powerful brands are built, not born. A quick perusal of global marketing consultancy Interbrand’s fifth annual ranking of the world’s top 100 brands clearly demonstrates this fact. Released last summer, Interbrand’s listing illustrates the value of having a disciplined and methodical approach to brand building. According to Interbrand, the most valuable brands "focused ruthlessly on every detail of their brands, honing simple, cohesive, [consistent] identities."That’s a great insight, but where does that leave the small or medium
Similarly, if you have failed to “wow” a new employee during the recruitment process then the seeds of doubt may already have been sown by the time they join you.
2. Effective induction, training & development
Inducting people effectively – in whatever format - is fundamental. Get it wrong and you have started to sow those seeds of doubt in their minds in the first few weeks. Beyond that, one of the keys to retaining people is ensuring there are opportunities for people to grow, learn and develop themselves.
3. Involve & empower your people
Gone are the old days of telling people what to do. Modern leaders set the business’s vision and direction but fully involve their teams and empower them to make decisions. Once again it makes people feel valued and feel more connected to the business.
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is t
The number of people today posting used car classifieds ads shows an upward spiral. Looking at the used car classifieds they write and guessing the amounts they spend to advertise their product (used car), one will naturally wonder how these people sell their car for a decent price. By closely following the ads, one can find more than 80% of the classified ads make one or more of the seven mistakes listed below.1. Not Describing the CarWhile writing used car classifieds, classic car classifieds or muscle car classifieds, a lot of peopl
Inducting people effectively – in whatever format - is fundamental. Get it wrong and you have started to sow those seeds of doubt in their minds in the first few weeks. Beyond that, one of the keys to retaining people is ensuring there are opportunities for people to grow, learn and develop themselves.
3. Involve & empower your people
Gone are the old days of telling people what to do. Modern leaders set the business’s vision and direction but fully involve their teams and empower them to make decisions. Once again it makes people feel valued and feel more connected to the business.
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is t
To accentuate your business brochures you need to think professionalism. Believe it or not if you are too professional and a small business and you have spent too much on your brochures making them look corporate and slick some customers are afraid to do business with you because they think the prices are too high.Isn't that funny how people think, however you may have thought the same thing your self. Now then, if you run a small business and you have super professional corporate looking brochures it might be wise to put a notation that yo
4. Ensure fair & consistent performance management
Performance management is not a one-off activity at the time of an annual appraisal. It is the ongoing process of giving feedback to align performance day in, day out. It is about being generous with your praise whilst being constructive and honest in conversations about underperformance. The key is to do it consistently.
5. Provide honest & realistic career management
Career management is all about managing people’s expectations. Listening and understanding their aspirations, offering realistic career options and then delivering on your promises. When the goal posts do move (as they often do) and you cannot deliver, being honest enough to communicate this openly will maintain the trust of your people and help retain them.
6. Offer a transparent system of pay & benefits
How you structure your pay, benefits and bonus depends on your business and your market – the key is that it must be clear and transparent. How much emphasis you place on these financial factors depends on the position the business is in, your marketplace and how well you promote all the non-financial benefits of working for you.
7. Develop & promote non-financial benefits
Retaining people is not just about financial benefits – but about becoming better at developing and promoting all the non-financial benefits of working for your business. Anything from the working environment, facilities, the culture, working hours and the management style can give you an edge. Provided these benefits meet the needs of your people it gives them another reason to stay.
8. Deliver fantastic service to your employees
The key to
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