How to Acquire Talent That Delivers Results
Hiring the best and keeping them is a struggle as old as time. In fact, over 25% of employees are at high risk for turnover
… and your business can’t afford to lose them. The reality is that training is expensive. It’s been estimated it costs, on average, over $1,000 to train new individuals
! You need to acquire the best talent and keep them in order to achieve the best growth. And we’ve got you covered. Here are five killer tactics for making sure you get the most out of your current awesome employees… and keep them your employees!
Acquire Talent + Keep It: 5 Strategies
1. Have Room for Promotion
All great people aspire to great things. A lack of ability to move up and improve will send the best employees packing. No one wants to stay in a dead-end job long term. Make it clear that you hire from within and promote your key players. This will be instrumental in your ability to acquire talent and increase employee retention
2. Involve Everyone in Creative Thinking
Nothing sucks away intrinsic reward like a lack of creative expression on the job. Think about the last time you worked a job where you could only follow orders without your own input. Didn’t feel good, did it? Provide your employees with an opportunity to be involved in your company’s creative process. You’ll be amazed at what they come up with — and they’ll feel like they’re part of a community instead of a number.
3. Give Back to the Community
Philanthropy makes everyone feel good. Including your employees. Give back to the community and be charitable. It gives your employees a good feeling to be part of a corporation that cares. It will even help with your brand awareness and reputation. Your employees will talk you up to their friends and family… because you’re doing great things.
4. Give Reward and Acknowledge Accomplishments
It has to be mentioned. All too often, true talent goes unrecognized until it’s gone, never to return. Be mindful of your employee’s performance and acknowledge jobs well done. It doesn’t need to be a grandiose gesture — a pat on the back, a smile, and a thank you is enough to increase motivation. Reward your employees with kind gestures and gratification. No one wants to stay in a job, working their butt off, only to get no recognition.
5. Have a Team Player Culture
Everyone wants to be part of a team. It feels good to be a part of something more. Foster this sense of inclusion by having team meetings and open communication. An open door policy will make it easier for employees to air their grievances and express their new ideas. Without the support of a team, your employee’s growth will be stunted and you won’t get their full potential.
Retain and Rock It
Every company has room for improvement when it comes to efficiency and productivity. Start by learning to acquire talent that’s the best and retain it! To do it, make sure to:
- Promote from within
- Give opportunity for creativity
- Be philanthropic
- Reward accomplishments
- Create team mentality
We can help identify where your critical inefficiencies are withing your company. Check out our unique solutions today
to improve your business.