Staff retention tops most HR agendas these days. Innovative strategies to address historic highs in open vacancies, particularly in the IT and technology sector, have evolved at a dizzying rate. Happily, in many cases, businesses are already reaping the rewards.
The Guardian has published its take on the common denominators of successful HR retention strategies. Read on for a bite-size synopsis.
- The basics
First and foremost, workers have a right to a living wage, safe and healthy working conditions, and humane hours. They need enough money and free time to live healthy, happy, good lives.
- Be flexible
Flexible working models promote productivity, happiness and retention. Considered more as a right than a privilege these days, without at least an element of flexibility on offer, you’ll have a hard time attracting employees. And you’ll risk losing your top talent to other more open-minded organisations.
- Old-school perks
The goodwill created by simple, old-school perks (think yummy pastries in the boardroom) goes a long way. It’s neither difficult nor expensive to get this aspect of employee care right.
- New-generation perks
While on-site massages and yoga classes attract the spotlight, the journalist names a work concierge service as number one on her wish list of work perks. She points to the time and stress that could be saved if a dedicated person took care of all life’s admin. e,g. tracking down the best deal on home insurance or spending 53 minutes on hold to the council to request a new bin. A great idea!