As staffing companies for staffing your business or staffing your team are likely to be well aware of, long term employee retention has become more problematic than ever before. Job placement is becoming more short term than ever, and various staffing companies providing various staffing services now employ as many as three million temp workers. And that’s just in relation to staffing companies found throughout the United States. In the years that are to come, the prominence of staffing companies is only likely to increase with time. But with all the benefits that staffing companies can bring, many companies are still very much looking to employ full time workers and employees in various capacities. In order to move away from using staffing companies and employing people in this capacity, a number of things must be changed.
For one thing, far too few people feel that they are begin adequately supported in the workplace, making it more and more likely that they will leave their current jobs and turn to various staffing companies and temp services for their employment instead. After all, more than one fifth of all people are leaving their new jobs within a span of less than two months, and this is just one reason why. And there is a reason that Millennials have become known as the job hopping generation, with up to 0% of them – well over half – more than willing to leave their current job should a better opportunity present itself. And some people are turning away from traditional lines of work and looking to work through staffing companies and temp staffing companies instead.
Fortunately, there are steps that can be taken to improve employee retention in this regard, and it all comes down to supporting a better and more integrated workplace for the typical employee. Employee recognition programs present just one successful way to do this. In fact, more and more companies and places of work are taking steps to put such programs into place – and the vast majority, as many as 86% of them, are seeing a considerable rise in overall employee happiness. And when employees are happy in their place of work, they are much more likely to be more productive and produce a high quality of work as well. Therefore, the benefits of the typical employee recognition program can be quite immense indeed, to say the very least.
Simply taking time in the hiring process to better screen potential employees and ultimately select a candidate can also lead to much better rates of overall employee retention. For instance, many companies – up to 93% of them, as a matter of fact – will look at the social medias profiles of all potential employees. This can give potential employers a look into the private life of a would be employee, something that can help them to avoid candidates who have obvious red flags and would likely not be a good fit for their company or organization in question.
Instituting a comprehensive and extensive on boarding process is yet another step that can be taken to ensure overall employee – and company wide – success. Comprehensive on boarding processes actually make it more than 55% more likely that any given employee will still be at the same company in as many as three years time, if not even longer than that. By providing them with extensive training, employees are able to be confident in their roles – and have more success in them as a direct result.
Employee retention is a growing problem in the United States, as many staffing companies and other such places of work are all too aware of. After all, more than $10 billion is lost to employee turnover in just one single year here in the United States alone. Companies are losing money quickly to such matters, but the problem of employee retention is very much one that can be rectified with proper attention and care. At the end of the day, even small steps like better screening and on boarding processes can ultimately make a big change in workplaces throughout the entire country.
