Our research indicates that one quarter of the work-force is open to moving jobs.  In a less than buoyant job market, this might not present as an immediate issue.  However, it does mean that your staff are coming to work with declining motivation levels, which is likely to negatively impact productivity and culture. 

Below are 10 tips (there are more), which are proven to reduce employee churn and improve company culture. 

1. Developing a well-planned and structured recruitment process. 80% of employee turnover is due to poor hiring decisions.
2. Employee growth and Development. Help employees achieve their short and long-term goals. This can be done through structured training programmes, providing study support and encouraging involvement in industry events.
3. Open communication. Create a culture of open communication, establish an ‘open door policy’ where employees feel they can air opinions which are listened to and valued.
4. Imaginative benefits packages. 50% of employees would leave their job for better benefits. Creativity in this area can carry weight. Initiatives could include sabbaticals, long term incentive plans, target based bonuses.
5. Recognising your Employees. Every employee wants to feel acknowledged and appreciated. Recognition programmes such as thank you gifts, employee awards and work anniversary gifts.
6. Work Life Balance. Having flexible working practices allowing a work life balance is widely accepted as being one of the most important factors in employee satisfaction. 
7. Team Bonding. A strong team culture drives accountability and can be created with team lunches, off-site team building exercises and company away days.
8. Gamification. This is a relatively recent concept which describes the incentivisation of employees designed to increase engagement through game-style competitions. These can be friendly competitive events where employees earn ‘badges’ and ‘points.
9. Mentoring Programs. This can have a dual benefit, both the mentee and mentor feel invested in and valued by the organisation.
10. Performance Reviews. Well structured and regular reviews are a great forum to discuss performance, uncover any issues and an opportunity to implement clear career paths and development programmes. 

If you would like to discuss how Freshwood can help your business recruit or retain talent, please contact us. 

Thank you for reading.