Employee Retention

Nothing detracts from your bottom line faster than employee retention problems. And what about the loss of company knowledge that walks out the door with employees when they leave? Most employers are scrambling to create employee retention plans focusing on work-life balance, benefits, compensation and more.

• The cost of employee turnover can range from ½ to 4 times an employee’s annual salary.
• 90% of job seekers say they want “the right job” instead of just any job
• Nearly 75% of employees surveyed say they are actively searching jobs on the web and updating their resumes

At Solutions 4 Hiring, we understand that people are your most important asset and that retention begins at selection. Placing the right people in the right jobs is the first step to creating motivated, engaged employees.

The top reasons employees site for feeling dissatisfied include: compensation, no room for advancement, and under appreciation. On the other hand, the top reasons employees give for staying in their current positions are good relationships with coworkers, managers and good working hours.

Relationships with managers and coworkers stem from awareness – or in some cases lack of awareness! When people lack awareness for how others make decisions, the result is miscommunication, mismanagement and missed objectives.

The good news is that the assessment tools implemented at Solutions 4 Hiring can help you find out what makes people ‘tick.’ By identifying decisional styles, natural behavioral characteristics, values and motivators; managers can make informed decisions that positively impact the bottom line.

Adding Solutions 4 Hiring to your retention strategy will help give your firm a competitive edge in today’s marketplace. Let us provide you with the right candidates for your company culture during the selection process, and ultimately increase your employee retention.