When it comes to recruiting and managing talent, everybody seems to agree on one thing: You want to keep your best employees happy and committed to your company.
The concept is pretty simple: the better your employees, the better your company, the better your company’s results.
Although keeping your employees satisfied is the most important and effective thing you can do to retain talent, an effective hiring process will help you to identify and understand what drives your talent, building your retention process.
One of the most important things you will have to learn is that money isn’t everything for engineers and IT people. Salary and financial incentives are indeed an important consideration, but they may not be the decisive factor for the kind of people you actually want to hire. When it comes to building a good team, you want people that are motivated and excited about what they are doing regardless of how much they are making.
Firstly, take good care of your people. Offering reliable health care, opportunities for continuing education/training, and recognizing – and rewarding – hard and good work are vital for not only keeping your employees by your side but also, keeping them excited to make the most of their abilities on a daily basis.
From a worker’s perspective, keeping an eye on the future is also extremely important. That being said, offering opportunities for growth and a clear career path is a highly valued tool for those who appreciate having talented and dedicated professionals on their teams.
Lastly, find out what makes you company different, unique and attractive. In a world where Google and Apple may be dream destination for many engineers and IT professionals, singularity and employee appreciation are key for all other companies.
Some of these suggestions may increase your chance of keeping your employees around and taking your business further.