Emtrain Blog

How to Keep Your Employees from Leaving

Posted by Steve Cadigan

December 6, 2014

What can you do to make sure your employees are happy, and ultimately, not jumping the fence to the next organization? In the midst of expanding litigation over Silicon Valley’s common practice of “No Poaching Amongst Friendly Rivals” recruiting rule, I think it’s important to emphasize that a retention strategy is a defensive strategy. 

Keeping Your Employees

 
What kind of business culture do I need to retain talent?
What this culture looks like depends on your talent and what matters most to them. Is it your benefits or promotion process? Or maybe it's your communication transparency? My advice to companies that are worried about retention is to focus on "how do I make this company a great place?" rather than, "what do I need to do so people do not want to leave?" 
 

How much more should I pay to keep employees from leaving?  
I'm sorry to say, you will never be able to overpay all your competitors for talent or offer all the amazing perks of other companies. However, you can build relationships with your employees. Start to listen to them, respond to their questions and concerns, and be active and attentive to what kinds of things they want and what makes their hearts sing. If you do not listen to your employees today, they will find someone who will...quickly.

How do I make sure my company is perfect for all my talent? 
Enlightened companies should always want the best for their employees, even if it means another job in another company is right for them. Your company likely will not be the right place for every one of your employees in every stage of their career. Circulation is good for the body and it's good for your company because hiring new people brings in new ideas and people leaving creates opportunities for others to step up and learn and grow.
 

What are you doing at your organization to keep your talent happy and engaged? Share your thoughts with me in the comments or email me at Experts@emtrain.com.

 

Onboarding Essentials for 2016
 

steve_cadigan_icon Steve Cadigan             

Steve is one of Silicon Valley’s hottest properties when it comes to people, talent, culture, and team skills training. Prior to launching his own firm, Steve served as VP of Talent at LinkedIn from 2009 through 2012, taking the company from a private firm of 400 employees, through an IPO and into the powerhouse that it is recognized as today with over 5,000 employees.

Topics: HR, HR Compliance, Talent Management, Training, Hiring Skills, People Skills