Recruiting and retaining the right talent is the key to success, but implementing it in business is not happening with most of the companies. Not every organization is a Silicon Valley Giant where people get attracted themselves and organizations do not need to worry about recruiting right people.
Even if companies succeeds in hiring the best talent, most organizations fail to create a positive working environment and thus, leading to loss of the best people. The best thing about the right talent is that they get recognized at one point or another, and when it happens they would be at deserved place in a deserved company. Positive working environment plays an important role when we distinguish between satisfied and unsatisfied employees. No employee wants to work in an environment where he/she would feel detached or demoralized, unless they are getting paid extremely well, that too in case of needy people. But most of the time your money will not attract the right people if you are unable to provide a positive working environment.
Once you create a positive working environment, the next step is to recognize and reward the right behavior. Every employee wants to get admired and that’s no surprise unless he/she is a saint. The want to get recognized and appreciated is in the nature of every human being and no one can disagree with that. The money and benefits will attract people, but you will need something to keep them in your company. A successful recognizing program doesn’t need to be expensive, but to be effective. Companies get an advantage with such recognizing and incentive programs over other companies, which lack such programs.
People showing up at the work don’t define the fact that they are productively engaged. Keeping them involved and engaged is the next thing companies need to understand. Right talent doesn’t want to waste a single moment of their life doing nothing, thus they always want to be occupied with good work which would not give them a feeling of wasting time. Having the right policies, to keep them engaged where they can contribute their ideas for the betterment of the company is the key here. Best employees don’t want to feel left out where they cannot be useful to the company’s growth. However, organizing regular events to encourage them to open up about their ideas will only help keep them engaged and involved in the organization.
Never-ending improvement and continuous evaluation is the concluding step organizations can take into consideration. The focal purpose of evaluation is to figure out the progress and find out what satisfies and dissatisfies your workforce. The process of evaluation includes the measurement of morale, attitudes, turnover, and the engagement level of the workforce. When an employee knows that their work is getting evaluated and improved with time, they will feel valued and will be in your organization till you have such culture.
Alast, these are just simple and basic steps and transforming them into a culture will only help companies retaining best employees in the organizations.