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Employment retention in 2022: Strategies every business should consider

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Employee retention and engagement are crucial factors to consider in business. With the demand for jobs increasing across many job sectors within the UK and 'The Great Resignation' already in full swing, a successful employee retention strategy is essential in order to keep your organisations best talent. An Employee Retention Strategy involves strategic actions by businesses to ensure their employees stay motivated, engaged, and awarded for their continuous hard and productive work that benefits the organisation. Combining a safe and happy work environment with longer-term job benefits will encourage employees to remain within an organisation and develop fundamental relationships within the business.

Here are some important employee retention strategies that every business should consider in 2022...

Hire the Right People

One of the most important factors in ensuring employee retention is hiring the right people for your organisation in the first place. Be as transparent as you can about the job role and highlight your organisations morals, ethics, and culture to help enable you to choose the right candidate. Finding the right candidates that match the specifics of your job role, will help minimise the risk of employing an individual who cannot live up to company expectations. Many organisations need an individual who is driven on a personal and professional level and will cope with the reality of a professional job role.

The Essentials

Some of the most essential and most recognised employee benefits are providing excellent and fair salary pay scales and workplace pensions. Many people who take on a new job look at their starting wage and the ways they can progress within the company to get onto the next pay scale. You should also consider providing competitive numbers of annual leave days, sick pay rates, and perhaps consider things like private healthcare as employee incentives. Partnerships and benefit programmes for your employees further down the line of their employment are also great contract additions to show the level of growth that can be achieved within the organisation. These essential benefits are vital in attracting and attaining the best talent within your organisation.

Training

Whether it's Health & Safety or HR training, Mental Health & Wellbeing courses, or providing staff with the opportunity to learn new soft skills, extra training and qualifications benefit not only the employee but also the organisation as a whole. Additional training can give your employees something to aspire to and allow them to explore the opportunity of developing newfound skills within the company.

Training can go a long way in retaining staff and making them feel valued. Find out why training will be more important than ever before in 2022.

Flexibility

The ability to be able to work flexitime or hybrid working (part-time at home and part-time in the office) is increasingly sought after. Enabling and facilitating flexibility can considerably improve the lives of your employees, giving them a better work-life balance and boosting the chances of long-term employee retention. COVID-19 has upped the level of appreciation for working from home and a lot of employees now benefit from an office and remote blend.

Working Environment

We all want employees to enjoy and look forward to going to work as this usually leads to a positive working environment. Creating a pleasant working environment can be achieved by the following:

  • Encouraging a positive workplace attitude – coaching rather than criticising, implementing strategies against bullying or harassment of any sort, valuing employee opinions, promoting teamwork and positive employee relationships, being appreciative, and even just saying 'thank you' every once in a while can make a huge difference.
  • Being transparent – giving employees feedback, asking for opinions, and keeping them updated with ongoings in the business.
  • Setting achievable goals and offering rewards for achieving these goals.
  • Not contact employees outside of normal working hours.
  • Ensure that the work environment is physically safe, pleasant, and enhances mental and physical health as well as accessible for all employees.
  • Organise team-building activities and employee events.
  • A designated relaxation space where employees can go for breaks.

Having a solid employee retention strategy in place would be a great way to kick off 2022! It’s a straightforward and substantial way to show recognition towards your employees and continue to grow your business successfully into the new year!

Want to join over 10,000 other businesses using iHASCO's training solution to keep staff safe, happy, and productive? Get started with a free trial today or request a quote!

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