Every company has a few superstars that run the show. These people outperform the rest of the team on a consistent basis, and make doing amazing work look so easy. Much of your success is due to these bright, driven professionals, so you need to keep them on staff.
Top talent has a wealth of employment opportunities at their fingertips. If you want yours to stay put, you need to make it worth their while.
5 Ways to Retain Top Talent
Make Learning a Priority
The most talented professionals didn’t get to the top by slacking. These people crave learning and growth opportunities, so give them what they want. Sending them to industry-relevant conferences and seminars, hosting weekly lunch and learns, and offering tuition reimbursement are all great ideas. Even if pricier learning opportunities don’t fit your budget, do what you can to help your most ambitious workers stay ahead of the curve.
Pave the Way for Advancement
Extremely driven professionals are on their way up the ladder, so if your company doesn’t have a place for them to climb, they’ll be forced to head elsewhere. Find out where your most valued employees want to be in three, five, and 10 years, and work together to make this career growth happen at your company. You might have to create a few new positions, but it’s well worth the effort.
Choose Great Managers
Every employee isn’t management material, so make sure you’re putting the right people in these key positions. One in two employees have left a job to get away from a bad manager, according to a 2015 Gallup study. The last thing you want is to retain a terrible boss but lose a seriously talented employee. After choosing managers, keep close tabs to make sure they’re effective in these high-profile roles.
Offer Competitive Compensation
For top talent, compensation isn’t the sole driver of job satisfaction, but it does make a difference. People need a salary that allows them to enjoy a comfortable standard of living, along with other benefits, such as paid time off and generous healthcare coverage. Use Bureau of Labor Statistics wage data to make sure you’re paying fair salaries and take a look at benefits offered by other companies in your industry to see how your total compensation aligns.
Provide a Solid Work-Life Balance
All work and no play makes for a pretty unhappy life. The most talented, motivated professionals want to give their all during work hours — and occasional overtime — but they don’t want their job to consume their life. Keep people happy and engaged by allowing them to enjoy their free time, so they can come into the office relaxed, refreshed, and energized.
Team up with ECS to focus less time on paperwork and more on your outstanding employees. We’ve been managing contract staffers for companies like yours for more than 20 years. Contact us today to discuss your needs!