Q. What are some good ways to improve employee retention at a medium-sized company?
2 Answers
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answered by seoexpert
Employee retention is a complicated topic. There are as many ways to improve it as there are reasons for an employee to leave a company. However, there are a few obvious things a business can do to improve retention. One of them is to offer large group health insurance and other benefits, which — as taylorbenefitsinsurance.com discusses — can go a long way towards helping a company attract and retain talent.
Another way to improve retention is to revamp the hiring process. If employees often leave within a year of joining the company, chances are they weren’t a good match for their position to begin with. Changing the parameters of the application process or working with a talent agency can help mitigate that issue.
Finally, it can be a good idea to try and ask current and former employees for feedback on what the company should change. This feedback may reveal trends in what employees are worried about the most, whether it be a lack of benefits, pay scale issues, or even problems with the corporate culture.
answered by jbrockman