When trying to fill a vacancy, it may seem impossible to find the person "right" in a box full CV reception. 
A recent study by ADP indicates that midsize enterprises are not only concerned about the recruitment of top talent, but keep - a challenge usually treated in an employee retention strategy. If you have this problem, you're certainly not alone.
of stressed business owners find and keep the best talent
The ADP survey reveals that only 15 percent of respondents feel confident in their ability to find and keep the best talent. The other 84 percent cite the inability to post a job ad in multiple locations quickly, the lack of qualified internal candidates, and inappropriate recruitment tools as reasons for their concern. small business owner Shawn Askinosie, founder and CEO of Askinosie Chocolate, told Yahoo! Finance that "qualified and talented candidates are there, but the noise, it is difficult for us to find them and for them to find us."
Furthermore, employers are finding a shortage of important skills in their pool of candidates, a phenomenon believed to be the result of the recent recession. in order to keep their business afloat during the recession, many owners had lay already skilled. Now that companies are recovering and the economy is more stable, the same business owners say they can not seem to find quality talent. as Jonathan House suggested in the Wall Street Journal, one reason behind this could be offers of subpar wages.
Why employee retention is important?
retention of discussions employees are often difficult because the cost of the loss an employee is difficult to monetize. Proponents of employee retention see that the most expensive parts of losing a worker occur outside the budget.
When an employee jumps ship, the most immediate concern is a loss of productivity. Losing an employee is disruptive in a major way. A person who was present for tasks is gone, so their work is distributed among the other members of the team.
After that, it is common to see the loss of commitment and lower employee morale left to pick up the slack - often without additional compensation. They see that a colleague left and wonder if they should do the same.
Remember, happy employees work harder, longer and faster than their miserable cohorts.
How to improve your retention strategy employed
retention policyemployee does not have to be complicated. Simple changes can help improve your retention rate and reduce the cost of sales. Whatever the size of your business, here are some ideas you can incorporate into your employee retention strategy:
- Leave Benefits alternative a chance. Offering vacation, health savings accounts or flexible work hours can make people choose to stay with your company.
- Let your employees work from home. If you do not feel comfortable giving them five days a week, and then install it on a smaller number. Even a day has been shown to improve morale.
- Engage your employees. If workers feel invested in your business, they are more likely to go the extra mile. They have also been known to stay longer.
- Look in the exercise lunch programs. Many employees feel they are too busy to exercise, or are too tired after work to hit the gym. A quick 30-minute class can improve mood and prevent workers 3:00 p.m. slump.
Conclusion
The recent ADP study found that many midsize companies lack confidence in the recruitment process and in compliance with their new hires. The high rates of turnover be costly and disruptive, so it is important to have a solid employee retention strategy. Simple changes can go a long way in helping to improve your company's policies.
How will you recruit and retain the best talent? Let us know in the comments below!
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