Witham Office
01376 502999Bury St Edmunds Office
01284 41345619 September 2024
Employers
High turnover can hurt your business in more ways than one. It’s costly to replace staff, leaves gaps in work coverage, causes a loss of valuable knowledge, and can even dent your reputation. Holding on to your employees is vital, not just to keep things running smoothly but also to build a reputation as a desirable employer in your area. When your business is known for being a great workplace, you won’t be chasing after candidates – they’ll be coming to you.
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1. Retention Starts with Recruitment
The foundation of employee retention is in how you hire. Proper recruitment ensures expectations are clear from both your perspective (the employer) and the candidate’s. Whilst you might manage recruitment in-house, handing it over to a professional recruitment agency helps ensure you’re attracting the right talent and setting realistic expectations.
An experienced recruitment agency can guide you through the process and advise on current salary trends and the ideal work environment your candidate is searching for. An agency will also reduce the risk of rushing through the process, which can happen when you’re attempting to juggle daily tasks whilst sifting through hundreds of applications.
Plus, if you were to choose a local company like Prime to handle this process for you with our extensive local network in Essex and Suffolk, you’ll have access to a much larger pool of candidates, giving you the best options specific to your area.
Feel free to get in touch with your current recruitment needs.
2. Compensate Fairly and Reassess Salaries Regularly
It's easy to feel like you can relax once the paperwork has been signed and your star employee is on board. However, hiring the right person is just the start. It's vital to stay on top of salary trends to ensure you remain competitive in the local market and to keep employee morale high.
With the minimum wage having risen to £11.44 for all those over 21 last April and a government prediction of a rise to between £11.65 - £12.18 in April 2025 (gov.uk)
Companies aiming to stay competitive will likely raise wages if their current salaries are already above the minimum wage benchmark. Keeping up with salary expectations and market shifts can help keep your employees satisfied, lower the chance of them leaving, and reinforce your position as a leading employer in the area.
3. Offer Useful, Not Gimmicky, Benefits.
Employee benefits can give you an edge over competitors, even if salaries are similar. But they need to be useful benefits packages and not just flashy perks that don’t add real value to actually retain employees.
Focus on benefits that genuinely improve your employees' quality of life. This could be anything from flexible working arrangements to health insurance or salary sacrifice schemes. If your staff feel supported—both in their work and personal lives—they’re more likely to stay.
4. Equip Your Employees for Success
No one enjoys working in an inefficient environment. Providing your employees with the appropriate tools as well as optimising workflows and communication channels can significantly enhance morale and productivity.
Automating repetitive tasks can free up their time for more impactful work, and improving communication ensures that issues are resolved quickly, reducing frustration. When your staff have the necessary tools and processes, they will be more motivated to stay.
5. Set Clear Role Expectations
From day one, make sure your employees know exactly what’s expected of them. This begins with a clear job description and carries through the interview process, onboarding, and beyond. Clearly communicate their role and responsibilities from day one so there’s no room for confusion. Having a clearly labelled process document that includes all company roles and responsibilities ensures there are always clear-cut expectations for employees.
6. Encourage Growth and Development
Investing in your employees' professional growth shows you care about their future career path, not just what they can offer now. Plus, in a world where technology and work methods are constantly changing, it’s crucial to give your team the chance to grow alongside these changes so that when your business needs to evolve, you already have a team of staff up to date and ready to go.
Whether it’s new certifications, skilled training, or simply the opportunity to take on more responsibility, offering growth opportunities, training and development, fosters loyalty and long-term commitment.
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By paying attention to the areas we've identified, you can build a workplace culture where staff feel valued and eager to stay. While turnover is sometimes inevitable, setting clear expectations and being an engaged, supportive employer can help you establish a reputation as one of your areas most sought-after companies to work for— ultimately reducing the time and money spent on recruitment and keeping your business running smoothly.
Let us handle the first step so that you can focus on the rest: Submit your vacancy today.