Over the last decade both employers and employees have complained that there is a lack of loyalty in the workplace. Workers who leave after one year of employment are labeled as “job hoppers” and their multitudes of short term assignments become red flags for future hiring managers. However, it is important to look at the reasons these employees are skipping from job to job rather than planting roots. Experts suggest that a lack of promotions and internal hiring opportunities are driving qualified employees to seek more responsibility and better pay elsewhere. How can you improve your retention and avoid unnecessary nightmares.
- Promotions breed loyalty. Imagine the feeling of your current staff when you make the hiring decision to bring a new hotshot superstar on board. If this individual has skills in common with anyone on your current staff and are now in a position of seniority you are immediately alienating employees who may have previously been loyal to your business. If they feel underappreciated they will begin to slack off on their work and may look for employment elsewhere. Before you begin to source outside your company for talent, evaluate the potential of your current staff taking over the role. It is easier to accept a new entry level replacement onto the team.
- Reduced training time. Training in a corporate environment is about much more than the sum of all of the daily duties. For a person to truly succeed in your company they need to understand and navigate your office culture. Your current staff already has this under control. If you promote a skilled individual to a new role they will still maintain their comfort level with the company. Their new department will feel more relaxed about working with someone they know that they don’t have to babysit.
- Employees like to feel valued. Above all else, promoting a current employee will prove to them that you value their contribution to the team and that you believe they have potential beyond their current role. Very few people enter a company thinking they will always be performing the same function until they retire. Rewarding good work with an opportunity for more responsibility works well in a corporate environment.
Are you reconsidering your hiring or promotions strategy? If you are looking for a local Dallas staffing agency, can help you today!
