{"id":46971,"date":"2019-10-15T12:22:23","date_gmt":"2019-10-15T16:22:23","guid":{"rendered":"https:\/\/www.sogolytics.com\/blog\/?p=46971"},"modified":"2019-10-15T12:23:23","modified_gmt":"2019-10-15T16:23:23","slug":"how-to-find-and-retain-all-star-employees","status":"publish","type":"post","link":"https:\/\/www.sogolytics.com\/blog\/how-to-find-and-retain-all-star-employees\/","title":{"rendered":"How to Find and Retain All-Star Employees"},"content":{"rendered":"

Whether you\u2019re a small business or an international conglomerate, trying to find and keep the best employees in your industry can be a challenge. Beyond offering lucrative salaries, keep in mind that the all-stars you seek are attracted to more than just money. Here are a few things to consider while looking for top talent and to make sure they stick around.<\/span><\/p>\n

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Offer More Than Just Financial Incentives<\/b><\/h2>\n

While having a livable wage is ideal, many workers aren\u2019t as focused on financial incentives like salary or company stock options as they are benefits. Especially true among millennial workers, perks like comprehensive health insurance, remote work options, parental leave for new mothers and fathers, flexible scheduling, and paid time off are all high on their lists.<\/span><\/p>\n

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Even if the salary is smaller, having a handful of valuable benefits entices new talent and gives them reasons to stay. It\u2019s not just about the benefits, either. It shows that you, as an employer, care about your workers\u2019 livelihood, <\/span>while addressing stressful factors like finding health insurance. That concern is worth its weight in gold in a world where companies seem only focused on the bottom line. Keep that in mind and even top workers from larger competitors will come knocking.<\/span><\/p>\n

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Encourage Employee Development and Growth<\/b><\/h2>\n

Beyond the work itself, employees value structured training and educational opportunities as well. In a recent survey comprised of over 1,400 employees, <\/span>70%<\/span><\/a> reported they\u2019d leave their current job to one that offered better development and skills training opportunities. Moreover, while 98% of employers in the survey said these opportunities were available, only 26% of employees would rate those opportunities as delivered very well.<\/span><\/p>\n

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Employees, especially if they like their employer, aren\u2019t unwilling to go above and beyond. Whether to negotiate better pay or a different position, their drive to build skills and learn is a great opportunity for you to invest in your current pool of talent, mitigating the need to find outside help. Moreover, by using regular <\/span>pulse surveys<\/span><\/a> and<\/span> performance reviews<\/span><\/a>, you can encourage dialogue with your employees and learn how to better lead, train, and support them.<\/span><\/p>\n

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Have Clear Corporate Values<\/b><\/h2>\n

As most of our adult lives are dedicated to working, it\u2019s no surprise that people care deeply about their jobs and what the company\u2019s doing. Just like sports, people want to belong to a winning team that treats them and their fans (or, in this case, customers) well. In other words, the company\u2019s mission, values, and actions — for better or worse — affect how employees are viewed as well.<\/span><\/p>\n

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In another survey by worker satisfaction site Glassdoor,<\/span> 71%<\/span><\/a> of employees would rather look for another job than stay if their current company\u2019s culture degrades. To apply this rule to your own success, make sure that your company\u2019s values are clear, community-focused, and consistently upheld. While mission statements can be leveraged for external marketing, turning your employees into your biggest fans can have major benefits, from improved job satisfaction and efficiency to word-of-mouth influence, in turn attracting new customers and workers.<\/span><\/p>\n

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Conversely, having values and not upholding them is even worse than not having a mission statement at all. Where the latter leaves people uncertain, the former proves hypocrisy that others are all too keen to distance themselves from. Everyone wants to feel like they\u2019re valued and making a positive difference. Give them those opportunities, validate them, and consistently follow through, and you\u2019ll be amazed at how much momentum you can build towards success, all while retaining your employees.<\/span><\/p>\n

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Trust Your People<\/b><\/h2>\n

This last point might seem obvious, but all too often, great talent is lost due to overbearing or paranoid management. For instance, considering how much you\u2019ve invested in your employees in benefits, training, and time, you\u2019d hate to lose them. Unfortunately, this can escalate to the point where some managers start to get possessive.<\/span><\/p>\n

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Remember that you hired your people for a reason. If they\u2019re good workers, let them do their jobs. Avoid micromanagement or condescending performance reviews, though don\u2019t be afraid to have constructive dialogue when they need coaching. No matter how much you invest in your employees, if you treat them well, they\u2019ll be less likely to leave.<\/span><\/p>\n

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Think of it this way: if you cage someone, escape is all they\u2019ll think about; leave the door open and that anxiety melts away. And even if you do everything right, some of your best, most grateful employees might find even better opportunities. That isn\u2019t a mark against you or your company. That\u2019s life. But their success is your success. After their exploration elsewhere, they might come back. And what if they don\u2019t? Find someone else great to fill that position.<\/span><\/p>\n

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At the end of the day, in order to create a company that attracts and retains its top talent, you and your management team need to be better than your competitors. Care about your people and do so genuinely. Invest in their future and they\u2019ll invest in yours with their time, skills, and high praise. Trust them and give them purpose and they\u2019ll return the favor.<\/span><\/p>\n

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\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Whether you\u2019re a small business or an international conglomerate, trying to find and keep the best employees in your industry can be a challenge. Beyond offering lucrative salaries, keep in mind that the all-stars you seek are attracted to more than just money. Here are a few things to consider while looking for top talent and to make sure they stick around. Offer More Than Just Financial Incentives While having a livable wage is ideal, many workers aren\u2019t as focused on financial incentives like salary or company stock options as they are benefits. Especially true among millennial workers, perks like comprehensive health insurance, remote work options, parental leave for new mothers and fathers, flexible scheduling, and paid time off are all high on their lists. Even if the salary is smaller, having a handful of valuable benefits entices new talent and gives them reasons to stay. It\u2019s not just about the benefits, either. It shows that you, as an employer, care about your workers\u2019 livelihood, while addressing stressful factors like finding health insurance. That concern is worth its weight in gold in a world where companies seem only focused on the bottom line. Keep that in mind and even top workers from larger competitors will come knocking. Encourage Employee Development and Growth Beyond the work itself, employees value structured training and educational opportunities as well. In a recent survey comprised of over 1,400 employees, 70% reported they\u2019d leave their current job to one that offered better development and skills training […]<\/p>\n","protected":false},"author":1,"featured_media":5038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156],"tags":[168,366,151],"yoast_head":"\nHow to Find and Retain All-Star Employees - Sogolytics Blog<\/title>\n<meta name=\"description\" content=\"Smart, talented, motivated employees are an organization's most valuable resource. 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