5 Strategies to Reduce Employee Turnover

Are you experiencing high turnover and all of its ugly effects?

Having to constantly fill vacant positions, deal with low morale, and spend extra money for high employee turnover human resourceshiring and training are just a few of the negative affects of high turnover.

Many organizations are at a loss for how to keep employees and blame high turnover on generational differences. However, it’s much more likely that employees leave quickly because they were not a good fit from the very beginning.

 Here are 5 ways to start hiring the right people and reduce employee turnover:

  1. Hire the Right People from the Start

The single most effective way to reduce high employee turnover is to hire the right people from the beginning. Many organizations rush the interview process because they are desperate for help. However, this will cause more turmoil in the end. It’s important to carefully and strategically assess and interview candidates. Not only is it wise to ensure they have the necessary skills, but to also make sure they will fit in with the company culture, managers, and co-workers.

  1. Consider a Trial period

Trial periods are like dating – they allow both parties to share their expectations, values, and dreams without investing too much too soon. Many companies are now implementing a 90 day trial period in which performance is measured and time allows any unknown factors to come to light.

  1. Provide Regular Feedback

Most employees are eager to hear what they are doing well and how they could improve – especially new hires. Setting up weekly one-on-one feedback sessions not only provides a time to communicate expectations and develop goals, but it also helps the employee feel valued and heard. The more clear the expectations, the more satisfied an employee feels. This kind of open communication also allows the manager the opportunity to learn, grow, and remain a humble leader.

  1. Look Out for Your Employee’s Interests

An employee can tell when you genuinely care about them or are just using them for what their skills. Learning to be interested in your employees lives, more than just their performance, breeds loyalty. Offering opportunities for continuing education when you know an employee wants to learn a new skill really makes them think twice before leaving.

  1. Implement an On-boarding program

Organizations can save themselves a lot of pain if they take the time to properly on-board and train their new employees. It’s possible to know within 3 months if an employee is a good fit or not if they are required to go through an on-boarding process.

If your organization is experiencing high turnover and you want to begin implementing these 5 strategies, it can be overwhelming to know where to start. The good new is that there are plenty of resources available to help with hiring and on-boarding.

Need Guidance for Reducing High Employee Turnover?

Just shoot an email to irene@harringtonstrategies.com and let me know about the challenges you are facing. We have many human resource management tools and systems that can offer a solution!

 

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