
It can be tough when staff turn on their heel and walk away from your business. But, as James Adonis points out, the reason why could lie a little closer to home than you might think.
Here’s a scary thought: according to a study by Flex Executives, most employees don’t leave jobs. Rather, they leave managers.
Let me ask you a question. Do you feel that people are the key to your company’s success?
If you don’t, consider this: employee turnover can cost 1.5 times the salary of the employee being replaced. That’s according to international consultancy PricewaterhouseCoopers, at any rate.
So how do you keep good employees? Over 1,000 employees participating in a George Mason University survey reported feeling motivated by taking part in interesting work, being appreciated, receiving opportunities for development, and feeling like they’re part of a team.
Where, you might ask, did pay fit in? Sure, employees ranked job security and good wages as important. Yet they still featured lower on the list. Another study found the top reason employees leave an organisation isn’t due to issues with pay.
Rather, it’s because they feel they aren’t recognised and praised for their work.
So, how can you reduce turnover in your organisation? The answer is simple: focus on the four key elements of employee engagement: recruitment; support; relationships; and opportunities.
Does your hiring process focus on identifying candidates with the right skills and experience? If so, that’s a great start. But do you identify the candidates with the right attitude?
Take a look at your organisation and assess what soft skills employees need. Determine if candidates have those skills by asking behavioural questions during the interview. Almost anyone can bluff his or her way through ‘opinion’ questions. In contrast, behavioural interviewing is based on the premise that what a candidate has actually done in the past is a good indication of what he or she will do in the future. The underlying premise of behavioural interviewing, after all, is that actions speak louder than words.
Your goal is to find the candidate with the attitude that fits your organisation, so helping ensure they’ll be more likely to stay. Here are a few examples of behavioural questions you can incorporate in to your interview process.
Willingness to learn – “Tell me about a time you had to absorb complex information.”
Self-motivation – “Tell me about a time you worked on a task that was repetitive and structured. How did you maintain your focus and enthusiasm?”
Optimism – “Tell me about a time when everything around you was going wrong. How did you get yourself through it?”
Maintaining a supportive work environment takes consistent effort and attention. Keys to providing support include communicating frequently, recognising your employees’ accomplishments, and creating a positive work environment to promote a healthy work/life balance. Here are some ways to provide support that will help you retain your best employees:
Fail to create a close and lasting bond with your employees and the chance they’ll leave increases dramatically.
Ways to develop a good relationship with employees include:
Help employees to reach their personal and professional goals and they may be employees for life. Great managers provide opportunities for development, growth and advancement. Ways to help employees reach their goals include:
Empower your employees. Set expectations, set boundaries, and allow employees to make decisions within those boundaries. Not only will they feel a greater sense of ownership and responsibility, but you’ll be freed up to focus on making improvements instead of monitoring day-to-day activities.
Competitive pay levels are important, but if you want to dramatically reduce turnover, recruit people with the right attitude, spend a portion of every day focusing on supporting employees, building positive work and personal relationships, and provide opportunities for development and growth.
If you do, you’ll do more than retain good employees. What you’ll be doing is creating a more engaged, empowered and productive team.
Read our article on the Top 20 Ways to Reduce Attrition in Your Contact Centre
James Adonis is an engagement expert. He consults managers on how to engage their employees, and individuals on how to engage themselves. He is also a motivational speaker and workshop facilitator