{"id":5252,"date":"2016-01-07T20:56:07","date_gmt":"2016-01-08T04:56:07","guid":{"rendered":"https:\/\/www.careersingovernment.com\/tools\/?p=5252"},"modified":"2016-01-07T20:57:45","modified_gmt":"2016-01-08T04:57:45","slug":"employee-retention-5-tips","status":"publish","type":"post","link":"https:\/\/www.careersingovernment.com\/tools\/gov-talk\/about-gov\/education\/employee-retention-5-tips\/","title":{"rendered":"Employee Retention: 5 Tips"},"content":{"rendered":"<p><a href=\"https:\/\/www.careersingovernment.com\/tools\/gov-talk\/about-gov\/education\/employee-retention-5-tips\/attachment\/employee-retention-3\/\" rel=\"attachment wp-att-5253\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-5253\" src=\"https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2016\/01\/employee-retention.jpg\" alt=\"employee retention\" width=\"500\" height=\"467\" srcset=\"https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2016\/01\/employee-retention.jpg 500w, https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2016\/01\/employee-retention-300x280.jpg 300w, https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2016\/01\/employee-retention-480x448.jpg 480w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a>Employee retention is critical to every business \u2013 including \u201chigh turnover\u201d industries like childcare, automotive, retail, and more. Research shows that replacing an employee can cost up to <a href=\"http:\/\/www.zanebenefits.com\/blog\/bid\/312123\/Employee-Retention-The-Real-Cost-of-Losing-an-Employee\" target=\"_blank\" rel=\"nofollow\">20 percent<\/a> of the position\u2019s annual salary. The focus of employee retention can often be on improving management, creating a better benefits package, or another strategy to improve working conditions once an employee is hired, but this strategy skips over another important aspect \u2013 the hiring process.<\/p>\n<p>Two reasons why a company might experience a high turnover rate which is either a poor match between a person and the job or a poor fit with the company\u2019s culture. Both of these issues can be addressed by choosing the right candidate during the hiring process. It\u2019s been proven that one of the worst ways to hire a new employee is through an unstructured interview. \u201cTrusting your gut\u201d is not an effective way to hire the perfect employee.<\/p>\n<p><strong>Employ Structured Interview Tactics<\/strong><\/p>\n<p>The best way to screen candidates to ensure that you make the right choice for the position and your company is to create a structured interview process. This can take the form of pre-interview assessments to suss out a candidate\u2019s true skillset, asking for a work sample, and completing a structured interview. In addition to helping you more reliably choose a good fit, it will weed out potential hires that are not willing to put in a few extra minutes to make a good first impression. Chances are, if an interviewee isn\u2019t willing to follow directions and complete a pre-interview assessment that your company requires, then they\u2019ll probably have the same attitude toward finishing projects once hired.<\/p>\n<p><strong>Broadcast Your Company Culture<\/strong><\/p>\n<p>To find a person that is the right fit for your business, make sure that your company culture is well established. If you have a high-stress, competitive company culture, that\u2019s fine as long as prospective employees know what to expect. Portraying a \u201claidback\u201d culture to interviewees can backfire by finding someone that will never fit in with the company\u2019s culture.<\/p>\n<p><strong>\u00a0<\/strong><strong>Increase Your Minimum Requirements<\/strong><\/p>\n<p>When advertising for a new position, consider increasing the minimum requirements to garner an interview. If you are hiring graduate students for a position that requires at least a few years of experience, you\u2019ll be setting up your new employee for failure. If you do increase the minimum requirements, you should also increase the base salary. While this might seem like an expensive choice, it can save your company money down the road when you don\u2019t have to replace the employee.<\/p>\n<p><strong>Use Employee Referrals<\/strong><\/p>\n<p>In the beginning stages of recruiting a new hire, consider asking current employees for recommendations. If you have happy, motivated employees, they will know and understand the company culture. This makes them ideally suited to recommending potential hires, because they will likely know the working skillsets and personality of anyone they recommend. Employee recommendations can likely point you to other candidates that might be a good fit for the company in terms of work ethic and company culture. Employees that are hired from a referral are also more likely to be loyal to the company, stay at the company longer, and help empower the employees for giving them a say in hiring decisions.<\/p>\n<p><strong>\u00a0<\/strong><strong>Hire the Best<\/strong><\/p>\n<p>Savvy recruiters will be constantly looking for bright, new talent. Don\u2019t underestimate what a skilled employee can bring to the table. <a href=\"http:\/\/www.businessknowhow.com\/manage\/retain-employees.htm\" target=\"_blank\" rel=\"nofollow\">Former Cisco CEO John Chambers said,<\/a> \u201cA world-class engineer with five peers can out produce 200 regular engineers.\u201d Spending the time to find the perfect fit for your open position can go a long way to reduce turnover rates at your company, no matter what industry you\u2019re in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employee retention is critical to every business \u2013 including \u201chigh turnover\u201d industries like childcare, automotive, retail, and more. Research shows that replacing an employee can cost up to 20 percent of the position\u2019s annual salary. The focus of employee retention can often be on improving management, creating a better benefits package, or another strategy to [&hellip;]<\/p>\n","protected":false},"author":3049,"featured_media":5253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_cbd_carousel_blocks":"[]","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[38,70],"class_list":["post-5252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-management-government-administration","tag-performance-evaluation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Employee Retention: 5 Tips - Careers in Government<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.careersingovernment.com\/tools\/gov-talk\/about-gov\/education\/employee-retention-5-tips\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Employee Retention: 5 Tips - Careers in Government\" \/>\n<meta property=\"og:description\" content=\"Employee retention is critical to every business \u2013 including \u201chigh turnover\u201d industries like childcare, automotive, retail, and more. 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