Maintaining talent within a company is crucial to ensuring the success and growth of the organisation itself. More capable and motivated employees can contribute significantly to the achievement of business objectives, bringing added value not only to their specific skills but also to their ability to work effectively with colleagues.
The theme is also related to reducing recruitment and training costs: second a study of Glassdoor, the average cost for hiring a new employee is about $ 4,000, not to mention the costs of training and integration. Maintaining talent in the company reduces these costs and allows the company to invest resources in other areas.
Taking care of your employees also means greater customer satisfaction: according to a study conducted by Harvard Business Review, companies with high levels of employee satisfaction also have high levels of customer satisfaction. Satisfied and motivated talents are able to offer better customer service and implement improvements in customer experience.
In this article we will explore, point by point, some methods to ensure the retintion in the long term.
- Create a positive working environment
A positive working environment is vital for the retintion talent. Countless studies show that employees who feel happy and satisfied at work are more motivated and committed, and consequently less likely to seek employment elsewhere.
To create a good working environment, the organisation should invest in business culture, promoting values such asintegrity, the respect and the collaboration. In addition, the company should ensure a healthy work-life balance, so that employees do not feel overwhelmed by work and that they have the time and space to relax and regenerate.
A fundamental aspect today as never before, in fact, is the creation of an environment capable of ensuring the integration of diversity and that can help to reduce the gender gap through the implementation of policies concerning the Gender Equality.
Please read our article on: https://www.ambire.net/la-certification-di-parita-di-genre/ and we also invite you to read our Gender Equality Policy: https://www.ambire.net/paritadigenere/ Remembering that we Ambire Benefit SocietyIn addition to having recently obtained the Gender Equality Certification, we can accompany the organizations to reach it thanks to our strategic advice and our experience.
- Provide opportunities for growth and development
The talents in the company want to grow professionally and improve their skills. The company should offer opportunities for training and development, such as training courses, mentoring programmes and vocational improvement projects.
In addition, the company should also create a career plan, so as to show what are the possibilities for progress within the organisation: In this way employees will feel they have a future in society and will be more motivated to work hard to achieve their goals.
- Offer incentives and awards
The company should reward its employees for their work, offering incentives such as bonuses or promotions. In this way, employees will feel appreciated and motivated to continue working hard. However, the economic side is not a guarantee of personal and organisational well-being: We need policies to welfare providing a range of benefits to all employees.
It is important, therefore, that the organisation can offer formal awards, such as prizes or public declarations of appreciation, for those who stand out and contribute, in an excellent way, to the growth of the enterprise. These public awards help to build the brand reputation and encourage and motivate employees to do their best.
The theme is strongly linked to increased productivity: second a study of Gallup, companies with high levels of staff involvement have a 21% higher productivity than companies with lower levels. Motivated and committed talents can bring added value to the organisation, increasing its productivity and competitiveness in the market.
- Create a feedback culture
A feedback culture is essential to enhance talent in the company. The constructive feedback allows the worker to understand how he can improve and what his strengths are. In this way, the person feels valued and appreciated, even when he receives constructive criticism.
The feedback should focus on both strengths and improvement points, so that the direct concerned can understand what is doing well and what can improve.
- Maintain open and transparent communication
Open and transparent communication between employees and managers is essential to ensure that talent feels involved and appreciated. The company should ensure that employees are informed of the organisation’s future plans, so that they can understand its future direction and feel an integral part of the organisation’s success.
Open communication should be encouraged at all levels: managers should be available to talk to employees, listen to their concerns and answer their questions transparently. In this way, the staff will understand that the company really takes care of them and is committed to creating a healthy and participatory environment. Finally, it is also important to encourage communication between colleagues by promoting cooperation and exchange of ideas, which will help the cohesion of the team and the sharing knowledge and skills.
