In the UK, nearly 30% of workers are considering leaving their job and moving onto a new career in 2022. This lifestyle change might have initially been prompted by the insecurity caused by the pandemic.
However, more and more employees today are looking for better development opportunities, improved work-life balance, and more flexible timings. So, if you have reported a spike in employee turnover you are certainly not the only one. And yet, your team might be your business’s greatest asset.
If you are looking to put together – and retain! – your dream team amidst the Great Resignation era, there are some important factors to consider. Get started with the tips below.
Support Your Local Workforce
Of course, learning how to manage a team is a challenge for most first-time business owners or entrepreneurs. But finding the right talents to hire can be just as challenging – and costly!
Today, companies compete on multiple levels. So, you are fighting to gain a larger market share and a greater audience for your brand. But you should also not underestimate how fierce the competition is for the best talents.
There is one marketplace for talents where you might be able to bypass this competition: your local area. Most companies today look online for their future employees, and they might even tap into a remote workforce. But if there are local talents in your area, you should consider attracting them through paid internships and work experiences. Training your own talents from within can help you create a team of highly skilled managers who thrive in your work culture.
Tap Into the Remote Workforce
After the events that took place over the past two years – including the pandemic and the advent of emerging technologies – outsourcing and remote staffing is more popular than ever.
So, if you have not been able to fulfil all of the positions within your business by hiring local talents, you might consider tapping into the remote workforce. When doing so, it is important to keep in mind two main factors:
Engage With Your Employees
Engaging with your team has never been more important. When leaders are able to engage with their talents, keep the conversation going, and request feedback and input, it has been seen that companies can significantly lower their turnover rate and increase employee retention and satisfaction.
From investing in team-building activities to speaking directly to your employees or finding out more about what their career goals are, there are plenty of ways to boost their satisfaction, morale, and engagement.