Rethink Your Retention Strategy

Keeping Good People Longer

As a business owner or manager, you’ve likely experienced the time, effort, and resources that go into onboarding and training a new employee. It can be frustrating when those investments don’t result in long-term retention, and turnover can disrupt the productivity and morale of your team.

Here are a few tips for improving new employee retention:

1. Clearly communicate expectations: From the very beginning, set clear expectations for your new employee’s role and responsibilities. This includes outlining any performance goals and providing the necessary resources and support for them to succeed.
2. Offer ongoing training and development: Continuous learning opportunities can help new employees feel valued and invested in. Consider offering in-house training, workshops, or even tuition reimbursement for relevant coursework.
3. Foster a positive company culture: A positive work environment can make a big difference in employee satisfaction and retention. Encourage open communication, collaboration, and work-life balance to create a culture where employees feel supported and motivated.
4. Seek and act on employee feedback: Regularly soliciting feedback from new employees can help you identify any challenges or concerns they may be facing. Use this feedback to make improvements and show your employees that their input is valued.
5. Provide opportunities for advancement: Helping employees see a clear path for career growth and advancement within your company can be a strong motivator for retention. Consider offering leadership development programs or cross-functional training to help employees expand their skills and take on new challenges.

Overall, improving new employee retention requires a combination of clear communication, ongoing support, and creating a positive work environment. By taking these steps, you can help ensure that your new hires feel valued and motivated to stay with your company for the long-term.

What are the steps you or your organization is taking to keep good people around longer?