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Ways to Ensure Employee Retention

If there is one significant aspect that can set apart an organization from the rest, it is its ability to retain employees in the long run. With the insurgence of the pandemic and the demand for tech workers on the rise, the article from CIO, by Sharon Florentine and Mary K.Pratt, delves into ten key strategies that IT leaders recommend for ensuring employee retention across enterprises.

The very first step, as per the article, is to acknowledge that the process of retention should start right from the course of recruitment, itself. This means choosing the most suitable candidates that are sure to persevere and stay with the organization in the days to come. The mode of assessment, therefore, should take into account such factors as the loyalty of candidates in regard to their past roles, their credibility as team players, and the alignment of their personal objectives with the vision of the organization. The article also designates that furthering the advancement of a career is yet another way to ensure employee retention. This can be effectuated not only by providing handsome remunerations to employees but by investing in their education, thereby, equipping them with the very capability to take on leadership roles in the future. Alongside, it is also crucial for an organization to be adaptable, the article recommends. The key must be to support employees even if that means exploring flexible options like remote working so that they have the space and the liberty to work and grow, at the same time. While a rewarding pay and positive work culture are other precursors that determine employee retention, the article also emphasizes the importance of involving and engaging employees in effective decision-making. Taking into account their feedback and observation is yet another way of making them feel heard, acknowledged, and valued in relation to the functionality of the organization.

The article by Sharon Florentine and Mary K. Pratt designates the effective use of data as a final key step to understand the key factors that might be influencing the intensity of employee retention within an organization. Keeping in mind these crucial steps and planning strategically in accordance are bound to equip an enterprise to deal with turnovers better and ensure employee retention, in the days to come.

Source: CIO
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