Is Your Company an Employer of Choice?
Since the spring of 2021 approximately 33 million Americans quit their jobs, but there are some companies, known as Employers of Choice, who aren’t struggling to retain skilled and dedicated workers. Those companies are also easily attracting new employees and may even be able to take advantage of the chaos caused by the Great Resignation.
You can start by checking your staff turnover rate – it will let you know if your employee retention strategy is working and help you understand its impact on your bottom line. Recruitment and onboarding can be costly for businesses, so it is prudent to focus on employee retention whenever possible.
Then ask your employees to share what’s working well and what’s not (consider providing an anonymous way to do so) and be sure to address any concerns or suggestions they share. We have several tools available for helping clients assess employee engagement and attitude, so feel free to reach out to us at Acuity HR to see if any of those solutions are right for your business.
Armed with that information, you can start making improvements with a focus on:
- Talent attraction and retention
- Creating a positive organizational culture
- Committing to diversity, equity, and inclusion
- Offering employee development opportunities
- Effective performance management
- Planning for succession
These changes will only strengthen your workplace, and you might find your employees become your best brand ambassadors and recruiters.
Becoming an Employer of Choice takes effort and commitment. Let us know what we can do to help.
To see more information on Employer of Choice, please click HERE to view an article written by Catalyst Connection.