Top 8 Strategies to Retain Staff in 2022
The last 5 years has seen power shift in the jobs market from employers to employees. With more and more job openings becoming available as businesses across the world grow, it has never been easier for people to get a job – or switch jobs if they’re not happy!
To retain their staff, businesses across the globe need to ensure they improve their practices and their environments to reinforce their employer brand and build company loyalty.
In this article from Midas Recruitment, we explore 8 different strategies businesses in all industries can employ to retain more staff in 2022 and beyond.
What is Staff Retention?
Staff retention is the number of people that leave a business compared to the number who join in a set period, usually a year.
Employees Who Started
Employees Who Left
Ideally a business will want to keep this at 1 or above. This means that the number of people in their organisation is never declining.
When an organisation sees a decline in their staff this can lead to an increased workload on remaining staff and a possible lack of continuity in work standards.
It is important to remember that staff churn is expected. As people retire, explore new career paths and have children, businesses will have to employ new people. But minimising this churn is important for businesses who want to grow.
How Can You Improve Staff Retention?
Great question. Though there is no one size fits all solution, here are 8 strategies that you could look to implement.
Your First Port of Call for Freight Forwarding Recruitment
Here at Midas Recruitment, we are experts in freight forwarding recruitment, specialising in the US and UK markets. We build long term partnerships with exciting businesses and connect them to talented individuals looking for their next opportunity.
Get in touch with us today to see how we can help you find your next recruit.