What makes a business successful? You’d be surprised to learn that most people, when they think of a successful business, immediately consider the creative idea that is at the start of its launch. They are successful because they had the best idea.
While there is no denying that a good idea is key to launch your business, it isn’t always enough to turn a concept into a market success. What truly makes the success of a company are the people who work in it. Your employees are your most precious assets. Consequently, they are also the most dangerous assets, because good employees are hard to find and even harder to keep. More importantly, when an employee leaves, your company is left is a negative ROI on their position. Indeed, you will need to pay for the recruitment of a new employee. But it’s not all! Your company loses special knowledge of the product and the market that a new employee will need to build up to – which can take any time from three months up to a year. Additionally, a new employee will need time to adjust to new colleagues, new company mindset, and new office rules. In other words, it’s cheaper and more effective to keep your employees happy than to change staff regularly. Here’s how to build a successful relationship with your staff.
Understand What You Need And What You Can Offer
Every productive relationship with your employees starts with the need for a new position in the company. Over half of the employees who resign mention the disparity between the job specs and their actual job. In other words, make sure that you truly understand the kind of skills that you need so that there is a bad surprise for you or your employees. Additionally, it’s important to understand how to make your job offer more appealing with irresistible perks. Perks are nice-to-have additions, such as free breakfast or discounted gym membership. However, it’s important to get the right perks for the job. For instance, remote work options are attractive in office jobs, while discounted offers work better in client-facing positions.
Work With Experts
You can’t just hire new employees on your own anymore. You need to work with a recruitment agency to ensure that your candidates will be screened and checked in advance so that you know that you only see the best-suited individuals. Indeed, the world of recruitment is complex. As a company, you don’t have the authority to run relevant checks on each candidate, such as credit score for certain position or criminal background checks. However, these details do matter when hiring someone new. Therefore it’s best to let recruitment experts deal with it on your behalf.
Address Problem Areas Before They Drive Your Staff Away
Your work doesn’t stop when you hire someone new. You need to make sure that your team is satisfied and motivated. This starts by ensuring that overtime is not a habit. People who work too much are more likely to quit. If the workload is too heavy, you should reduce it or share it more evenly among the team. Additionally, you need to provide options to maintain a healthy work/life balance, such as flexible work or simple things such as reducing the stress levels in the office. In other words, put yourself in your employees’ shoes and address problem areas as best as you can.]]>
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