The best workers often do the best and most work. Business leaders know this, but knowing doesn’t make the job of attracting and retaining employees any easier. It can be a challenge to find the right talent, and yet another task to keep your best employees happy and productive.
Despite these difficulties, business owners continue to focus on finding and keeping the best workers. The reason is simple. Great workers translate into more productivity, great customer service, and more sales.
There are many ways to tackle this challenge, but these four factors are key to creating a winning work environment for your company.
1. The Leadership
Great employees crave great leadership. Workers are most satisfied when leaders support employees, empower decision-making, and inspire creativity and great results. Leaders that focus on the professional development of their employees also earn high marks. Great leadership helps employees feel secure, enabling better communication and feedback, and productivity gains. Top talent is likewise attracted to demonstrated leadership. Your visible feedback and recognition efforts can help attract top talent.
2. The Company
In many ways, a company is its workers, with each office environment a unique mix of culture and personalities. Businesses that succeed in fostering a great working environment reap the rewards. Some pay attention to building positive company culture, encouraging team building, supportive supervision, flexibility, diversity, and creativity. Others look to minimize unnecessary stressors, the little things that can wear on workers nerves and sink morale. Some offer a company culture built around a variety of work and employee autonomy, while still others take a big-picture approach focusing on reputation, values, and social impact. Success often comes down to what works for a particular industry and workforce.
3. The Job
All jobs are not created equal. Great workers consider more than the company culture and leadership when choosing their next role. The job itself also matters. Today’s workers look for several things. Fair pay, for the position at hand, and for similar work and roles within the office, not only attracts talent but keeps it. Others seek variety in their day, looking to conquer new challenges or explore new opportunities, to remain engaged. Others seek autonomy, taking pleasure in having control over their workday, with the expectation that they will deliver as promised and on time. For many, jobs that provide interesting work, a sense of meaning, and opportunities for growth make for happy employees with longer tenure.
4. The Rewards
Great rewards programs can bring top talent to your workforce and keep it around for many years. Wages, benefits, and perks play a major role in attracting and retaining employees in key industries and with sought-after skill sets. However, nonfinancial rewards also play an important role in acquisition and retention. Smaller perks don’t need to break the bank. Special parking privileges, snacks and refreshments, gift cards, and time-off offers, can improve team cohesiveness and keep employees happier and more engaged. A thank you card or a personalized email goes a long way with employees. Encouraging peer recognition also fosters a high performing culture.
Your Attracting and Retaining Needs
To be sure, a company can’t be all things to all people. Each business is unique and so is the ideal strategy for attracting and retaining the talent you need. Despite their differences, all companies hope to provide their workers with job satisfaction that in turn pays off for the employer.
If you are looking for a business-driven HR strategy that will help you hire and retain the best employees for your business, QuadWest can help. Read about our services and give us a call directly for more information today at (248) 590-2079.