Adopting a smart employee retention planIt’s not an accident that successful companies enjoy a high level of loyalty from the workforce. In most cases, this is a result of a carefully crafted employee retention plan that is consistently executed on all levels. The management needs to define a mechanism for selection of high-value workers, while HR department must administrate the evaluation tools objectively. Employee engagement should be an essential pillar of the plan since workers are more likely to feel as a part of the family if they regularly partake in various activities with their colleagues. A rewards program that benefits the most committed or most successful workers is also a good idea since this practice promotes fair competition and sends the message that hard work won’t go unnoticed. Such activities are far less costly than continual increase of wages, and they may be just as effective for keeping the employees happy.
Explore opportunities for secondment of key workersOffice life can become dull for the most talented workers unless they are periodically challenged to get out of the comfort zone. Companies with an international presence can send some of their best talents to another subsidiary and task them with developing business in a new market. In this way, the workers can satisfy their itch to make a move without having to change employers, while the company gets to see whether the employee is ready for the next career step. That’s why secondment to a foreign branch office is increasingly viewed as a smart way to reward the most deserving employees and keep them on the edge at the same time. This is an example of how change afforded by lateral mobility can sometimes be a good cure for accumulated stress and dissatisfaction.
Work with Brunel – a proven global mobility companyTaking advice from professionals can spare you from making costly mistakes when it comes to managing talent retention or organizing business relocation. Brunel has decades of experience with matters of this nature and is available for consulting and training related to employee retention and other topics. With Brunel at your side to provide guidance, you will always stay a step ahead of the competition and enjoy healthy relationships with your top workers.
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