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How To Avoid the Great Resignation

How To Avoid the Great Resignation

If you are an employer, you may have had some trouble recently trying to keep employees around. In fact, in the United States, 4 million people quit their jobs in April 2021. However, this is not surprising considering what the COVID-19 pandemic has done to change our work lives. Retaining your employees is more complicated than ever in today’s competitive job market. This phenomenon has been coined the “Great Resignation,” where currently employed job seekers are leaving their jobs in a drive to pursue new opportunities. So, what can your company do to prevent your best employees from jumping ship for greener pastures? Here are three helpful tips to boost your employee retention rates and offer an overall better experience for your staff.

Competitive pay

Any future or current employee is always looking to make money for a variety of reasons. Offering competitive pay is an attractive way to retain your employees (and attract new job seekers too). If you are not offering compensation packages similar to other companies in your industry or area, you will likely fall victim to the Great Resignation. Take some time to review your employees’ salaries and ensure they are competitive, or you will probably see more staff members begin to jump shop to your competition.

Flexible work environments

There is no doubt that COVID-19 has forced employees across every industry to work in flexible environments. However, this shift in the way we operate is not going anywhere. More and more employees desire the additional flexibility in their work lives to continue. This could include having the option to work from home or even work in a hybrid environment. To support this, 39% of people of respondents in a recent survey would consider quitting their jobs if they were not offered the flexibility to work remotely. It’s more important than ever to find compromises that allow employees the flexibility to work remotely in some capacity.

Keeping employee’s well-being in mind

Speaking of well-being, did you know that 44% of employees feel more burned out now than they did almost a year ago? This is due to many factors, but the most notable are stress and just having too much on one’s plate. Within your company, it is a great idea to keep your employee’s well-being in mind by fostering a work environment that supports physical, mental, and emotional health needs. To avoid resignations, it’s essential to regularly check in with your employees to see how your team can support your employees.

Need more resources to avoid the Great Resignation?

There are so many creative solutions to avoid the Great Resignation from happening to your company. In today’s market, it is vital to support your staff physically and mentally to improve your retention rates as well as attract job seekers. These tips are just a few overarching ideas for creating a better working relationship with your employees. To get even more inspiration to improve your employee experience, check out more of our client resources!

Or if you are struggling to attract candidates that won’t jump ship, it may be time to consult a recruiter. Our recruiters will work with your hiring team to identify candidates that will be a strong fit for both the role and your company culture. If you want to learn more about partnering with JSG, reach out to us today!

Landing and Retaining Talent in A Competitive Market

Landing and Retaining Talent in A Competitive Market

The job market in the mining, manufacturing, heavy industrial fields is as competitive as ever. With our economy opening back up and companies ramping up production, we find ourselves in a very competitive job market. Being able to land and retain talent becomes increasingly more important – people are ready to make a move! So, how can your organization win in this market? Thankfully, I have been able to help companies who need assistance landing and retaining talent in this competitive market.

Why are your employees looking elsewhere?

Most importantly is retaining the talent you currently have. As you know, it is significantly more cost-effective to retain talent rather than hiring and training new employees. There are countless reasons your employees may be looking for new opportunities. The best way to counteract that is to have a talent retention program and listen to your employees’ concerns and needs. While there are countless reasons why your employees may have one foot out the door, here are some of the common responses when I ask them why they are on the market:

  • Lack of upward mobility
  • Below average compensation or benefits program
  • Poor leadership and culture
  • Not a challenging, looking for something new and exciting

While some of these fixes are easier than others, these are the most common reasons I am hearing.

Competing for top talent

With things returning to normal, landing new candidates is becoming incredibly important. Your hiring team must understand that you’re competing for these candidates with other employers; some of these companies may even be your direct competitors. Having an effective, transparent, and streamlined hiring process is an easy way to get candidates onboarded quickly. The longer it takes for you to interview and make an offer to a candidate, the greater the chance of the candidate pursuing other opportunities in the meantime. Like we always say in the recruiting world, “time kills all deals.” Also, having programs in place to provide upward mobility, raises, and career growth can be incredibly attractive to landing prospective employees who want to stick around.

Working with a recruiting agency in a competitive market

As everyone is busy trying to get fully staffed up, working with a recruiting agency that can streamline the process for you can be incredibly effective. If you are not using recruiters and just hoping for the ideal candidate to seek out your organization and apply through your online portal, you will miss out on quality candidates. Letting an agency like Johnson Search Group source these candidates, vet and screen them, and streamline them directly to your hiring team is an efficient way to fill those critical roles. So, reach out to us today, and we are happy to help!

4 Ways to Retain Employees in 2021

4 Ways to Retain Employees in 2021

As 2020 comes to a close, employers are looking ahead to the new year. One of the most critical issues employers are facing in the new year is employee retention. Not only can losing an employee cost a lot of money but losing an employee can have a lasting effect on the team. Team productivity, employee engagement, and morale can all suffer as a result of this.

If you don’t have a good retention strategy in place, it may be an excellent time to start thinking of one. So, what can you do to minimize the risk of losing your key players and increase retention rates in 2021? Here are the top four ways to attract and retain employees in the new year.

Hire the right people

Not only will you need to find candidates with the technical knowledge to do the job (or someone trainable), but you’ll need to find someone who fits well with the “culture” of your organization. According to Built In, “47% of active job seekers cite company culture as their driving reason for looking for work.” So, the first step to retain employees next year is to hire the right ones from the beginning.

Listen to your employees

One of the easiest ways to make your employees feel valued and heard is to listen to them. According to Business News Daily, the number one reason employees don’t step up and take the initiative at work is because their leaders or managers fail to get employee input before making decisions. 

Compensation and benefits are competitive

Although pay isn’t the number one driving force for employees leaving, offering fair compensation will make employees feel more valued than those making less than market value. Plus, if they are making competitive wages, they will be less likely to get poached by another organization.

Celebrate the “wins”

Employees want to know that they’re doing a good job and that their employer appreciates their hard work. When celebrating these wins, you should not limit them to work-related events either. Personal milestones such as getting married, having a baby, or even an employee’s birthday, should be celebrated. We’re not talking parties for each of these things but having a team lunch or a verbal or written acknowledgment goes a long way!

As a recruiter, I like to know and understand my clients’ culture to find job seekers that fit that environment. I have conversations with candidates to see if their goals and values align well with one of my clients. We identify red flags early on with the tough conversations we have with candidates. If you need help implementing a strong retention strategy, let’s have a conversation!

3 Growth Strategies To Lead Your Team To Success

3 Growth Strategies That Will Lead Your Team To Success

Growth can be intimidating. You worry that adding staff to your team may stretch your resources, increase your costs, and worry whether now is the right time or not. However, the job market is hot right now, and competition for qualified talent is at an all-time high. It is the perfect time to add to your team, and there’s a smart way to do it. These three growth strategies will help ensure that your team will grow in a steady, sustainable way.

1. Recruit The Right People

The most costly mistake you can make is hiring the wrong person. If a candidate is not thoroughly vetted or completely closed on the job, they will either leave quickly or stay and underperform. When you partner with a recruiting firm like Johnson Search Group, we meticulously vet each and every candidate we work with a minimum of three times before they are extended an offer. We walk our candidates through the entire hiring process, closing them on the job, money, company, and location every single time we talk with them. It is of utmost importance that we only submit the best candidates that want to join your team and make an impact.

2. Hire Quickly

With how competitive the talent market is right now, you must hire quickly! While it may feel like pushing to hire is an increase in cost, it will actually save you money and resources in the long run. The cost of talent acquisition is a huge burden to many departments and can cause a significant slowdown in production. Streamline your hiring process to shorten the time from first contact (application or submit) to offer and start date. This will ensure that you can secure the most qualified talent for your team.

3. Boost Retention Rates

One of the strongest moves you can make to grow your team is to keep your best employees on board. Again, with the candidate-driven market, there are a lot of opportunities out there. Your most talented staff are more than likely being actively recruited. So, give them a reason to stay! Are you offering fair compensation and benefits? Take a look at your company and team culture. Try implementing frequent reviews with each of your employees to check in on their happiness and satisfaction with their jobs.

Does your growth strategies need a boost? Partner with Johnson Search Group to take your team to the next level and achieve your growth goals this year.

employee retention

How to Increase Employee Retention in Today’s Market

More and more employers are struggling with employee retention in today’s market. With a near 50-year unemployment rate and 7.22 million job openings in the United States, many-valued employees are leaving for greener pastures. If you are one of the thousands of employers facing a steep decline in employee retention, here are a couple of things you can do to retain your employees.

Fill vacant positions quickly

If you have vacant positions at your company, it’s in your best interest to fill them quickly. They probably cost your company more than you think. Not only is your production taking a hit, but the average cost of an employee exit is also 33 percent of their salary. It costs thousands of dollars and hundreds of hours for a company to fill a vacant position successfully. The faster you fill your vacant positions, the more money you will save.

Additionally, if you have a vacancy, someone else on your team is probably picking up the slack. Every day that goes by with that employee doing extra work, their likelihood of leaving skyrockets. Vacant positions can be a vicious cycle that your company doesn’t want to be stuck in.

Foster a healthy work-life balance

95% of human resource professionals claim an unhealthy work-life balance is detrimental to employee retention. If you don’t provide an excellent work-life balance, they’ll find a new employer that offers more time away from work. Again, employee vacancies play into this. If your team has multiple vacancies, your other team members are picking up the slack. They’re likely working longer hours, doing extra tasks, and feeling burnt out. If you keep these positions vacant, your employees will seek other opportunities that give them a life outside of work.

If you don’t want your company to fall victim to the current quit rate of 2.4 percent (the highest rate ever recorded), you need to take care of your current employees. And the best way to do that is to ensure they aren’t covering the workload of two or three different positions. Therefore, if you want to avoid this predicament, reach out to our expert team of recruiters at Johnson Search Group. We will help fill your open positions and keep your employee retention rate manageable.

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How To Retain Your Company’s Biggest Asset – Your Employees

How To Retain Your Company's Biggest Asset - Your Employees

In a candidate-driven market, employers are finding it more and more difficult to retain their employees. At this point, you need to keep employees feeling engaged or watch your top talent go to the dark side and get hired by your competitors. Knowing how expensive turnover can be for your company, it’s important to focus on keeping and fulfilling your current team, in addition to taking advantage of the job market and hiring new A-players. Here are a few things you can do to minimize turnover on your team:

Fork Out The Cash

Forecast the budget and bottom line and when you are profitable, reward your employees with wage hikes and/or bonus incentives.

Increase Employee Time Off

Be the kind of employer that understands that most employees value time off as a reward. Give perceptible accolades and come up with incentives for work/life balance

Give Reviews

Conduct reviews in a constructive way, highlighting employee attributes as well as shortcomings. Set achievable goals and benchmarks for those goals.

Be The SME (Subject Matter Expert) On Your Employees

Take the time to get to know everyone on a personal level. If you don’t know the names of your employees spouses, significant others, or children, then shame on you!

Mandatory Fun Days

Even the United States Army utilizes off-site work parties to promote cohesion. Events help leadership project a team mentality and at company expense, it shows a value and investment in staff members.

Eliminate Office Gossip

Keep the gossiping to a zero level in the office, especially if you are in a Managerial role. Do not partake in talking negatively about anyone. It will create an unproductive environment and foster division among your team.

Showcase Opportunities

Work is life, so give every opportunity possible for those who excel and want to continue improving. Recognize that advancement and professional growth is rewarding to your company.

Check Your “Dictator Attitude” At The Door

Absolute power corrupts absolutely. Statements such as, “because I said so,” “because I’m the boss, ” or “do not think above your paygrade,” will destroy original thought and independent ideas and create and Us. Them mindset.

Be The Example

Never come to work irritable or frustrated. Remember, you set the tone for the entire team. Attitude reflects leadership, so always project confidence and pride in what you are doing because you control the atmosphere of the whole office.