Retaining Your Best Employees

Just 2 weeks ago, we happened to meet up with one of our friend, who is a senior HR consultant with more than 30 years of experience serving companies around SEA. During our conversation, we asked her on what she think are the key HR challenges faced by most of the companies today.

She answered Two things, Staff Retention & Employee Engagement. As she explained the reasoning behind this, she concluded that, there are three key factors:

  1. Lack of career advancement plan for the staff
  2. No opportunity to gain a new skill set or a new experience
  3. Stagnant salary growth.

She further explained that this should not come as a surprise, because by human nature we all seek advancement, no matter who it is, it is only a matter of time before we felt there are so much more potential in us, and it will eventually drive us to take action, Therefore, it is crucial for companies to take appropriate action to retain their staff. In addition, she have also shared with us a study by Michael Page on Employee Intention in Malaysia, you can view the report with this link here.

If you felt these are the same challenges you faced in your organization, Here are three simple tips that you can use to keep your staff engaged.

  1. Provide various training classes for employees to enhances their skill.
  2. Pave a clear and attainable career paths for your employees
  3. Support your employees’ lifestyle with personalized benefits.

Managing these in your organisation is no easy task, especially with multiple departments & teams, If you would like some advice on what are the tools you can use to manage these in your companies, I’d encourage you to get in touch with us here.

 

By | 2017-08-16T02:30:54+00:00 August 3rd, 2017|Uncategorized|