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July 22,
2002 Issue
The Best Recruitment and Retention
Strategies Around
HR professionals
address a number of recruitment and retention myths every
day. These myths include the following:
- People most often leave for more pay. While
research shows that most people do not leave a job for
more money, very low-income workers will leave for more
money in order to make ends meet. Others use pay to
express a perception of unfairness in how the
organization values their contribution.
- Productivity-based incentive programs produce
long-term impacts and improved morale. Studies show
that carrot-and-stick motivation programs do not pay off
with long-term employee retention. Employees want a
chance to learn and grow in the job, meaningful work,
good supervisors, and appreciation for a job well done.
- Employees do not want more responsibility.
Employees are not looking for more work, but are looking
for opportunities to grow and develop their skills.
Employees want to try new things, to feel skillful, and
to experience personal satisfaction from higher levels
of achievement.
- Loyalty is dead. Employees want greater
work-life balance as well as the opportunity to make
higher contributions to the success of the organization.
Employees express loyalty when given the opportunity to
better serve customers and are given more learning
opportunities.
- Improving employee satisfaction is expensive.
Research tells us that employees cannot be bought.
Employees want a manager that listens and responds to
employees' ideas, supervisors who support people's
growth and initiative, more training in how to do their
job better, and good co-worker relationships.
- Employee satisfaction is fluff. Studies show
that lower turnover and greater satisfaction levels have
a positive impact on customer satisfaction and
organizational financial success.
- Supervisors are the problem. Supervisors
today on average have more staff reporting to them than
in the past. Yet the amount of training provided to
supervisors is minimal.
- My organization's employees are different.
Employee issues and needs are universal and are not
dependent upon industry.
According to research conducted by Dr. Jim Harris and
reported in his book, Getting Employees to Fall in Love
With Your Company, there are five principles embraced by
the best-run companies in America, including Walt Disney,
ServiceMaster, Southwest Airlines, Marriott, Ben & Jerry's,
North American Tool & Die, Lincoln Electric, Jacksonville
Foods, and Cunningham Communication. These principles are as
follows:
- Capture the Heart. The highest achievable
level of service comes from the heart. The company that
reaches its peoples' hearts will provide the very best
service. Organizations that help employees balance work
and life demands, inject fun into the workplace, and
create compelling visions of how they contribute to the
organization's success capture the hearts of their
employees.
- Open Communication. Employees are more loyal
when they feel connected to the organization. Successful
organizations encourage their employees to ask questions
of their supervisors regarding the business and to have
them involved in critical business decisions.
- Create Partnerships. Many of these
organizations create partnerships by sharing financial
numbers with employees, both in good times and bad, and
by linking incentive compensation programs to both
individual and team success and failure.
- Drive Learning. These companies require
employees to develop their skills to perfection and ask
their employees to learn something new every day. A
number of these organizations make available
industry-specific reading material and provide in-house
seminars, allowing employees work time to develop their
skills.
- Employee Action. These organizations
understand that to increase employee loyalty and
retention, they must go beyond traditional empowerment
programs. Rather, they give employees the freedom to
succeed. A rule at many of these organizations is to use
your good judgment at all times.
Based on these five principles, the most successful
organizations today employ the following strategy in the
recruitment and retention of key employees.
- Pay attention to top employees to make sure they are
being developed, rewarded, and recognized for their
contributions. Develop a reputation for this in the
industry to attract future talent.
- Build and maintain relationships with top employees
so that departure from the organization will be a
personal and very difficult decision for the employee.
They will also share this sense of belonging with
potential new employees.
- Increase confidence and hope among employees through
a participative vision and strategy. Engage your
employees. Develop a reputation as an open organization
that really listens to employees and their ideas.
- Build loyalty, commitment, and trust so that
employees offer these back to the organization. We only
have to look at Enron and WorldCom to see what happens
when trust is lost.
- Create clear communication pathways so employees
always learn important information first hand.
Recruitment and retention is a major issue as employers
struggle to keep the best and the brightest employees and
attract the same from the outside. Employees are
increasingly demanding a balance of work and family life and
are not willing to sacrifice everything for their career and
their employers. Lifelong employment with one organization
is no longer a desired option for many employees. Employees
are continually searching for the best pay, benefits, and
culture and work environment. With turnover costs up to 50%
of an employee's annual pay, retention of employees and
recruitment of future staff are critical.
In order to attract and retain top employees, organizations
must have an effective, comprehensive strategy addressing
four key components:
- effective internal management,
- career development opportunities,
- work-life balance programs, and
- strong compensation and recognition programs.
Organizations that pay attention to these components have a
better chance of attracting and retaining the talent
required to remain competitive in the market place.
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Copyright 2007, Astron Solutions, LLC
ISSN Number 1549-0467
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