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How to retain your new employees and keep them satisfied

15 February 2016

The recruitment process has been positive for your company; you have found the right employee for the job. What is next? Obviously, it is now time for the transitioning and induction stage for the employee to become familiar with your company and their new position. You’re nervous; what if this newly hired person is not the ‘perfect person’ for the job once they actually begin working, as opposed to how they were during the interview process?

This certainly is a fear many employers face when hiring new team members. Sure, it is a valid worry; sometimes that special candidate isn’t as good as you thought they would be. However, other problems can arise, and it’s not the employees’ problem, it’s actually yours (or the company’s).

In majority of recruitment circumstances the aim is to hire someone for a role that is ongoing, with hopes that this new addition to the company will be there for quite some time. You want some one who is committed to the company and their position for a long period of time. So, how can you or your company ensure that this employee wants to stay? Did you know that 31% of employees have a quit within the first six months in a job?

How do you make sure this doesn’t happen? It isn’t about throwing huge salaries and fun ‘nights out’ at your potential employees as a way to entice them into the role, and it isn’t just all about have a Foosball table set up in your office. You need to understand what people are looking to achieve and gain from their employers and their jobs, what do people value in their job?

Let’s look at the statistics!

  1. Less than 1% of people interviewed said they cared about free food and drinks, the areas that people said mattered to them within their job and company are:-Recognition
    -Friendly working environments
    -Ongoing training
    -Clear guidelines and expectations
  2. Employees have stated what they want during the first week of a new job:-A review of the company policies-On-the-job training
    -A tour of the company (including equipment set up and procedures)
    -Being provided with a mentor or buddy to be able to offer help and advice
  3. The main three reasons found for employees leaving a new job, within the first six months are:-The boss/manager was rude
    -The job and roles of the new employee were different than they thought
    -Change of mind regarding what type of work the employee wants to be getting into

So, with these statistics in mind, let’s try to ensure your newly hired employees want to continue working for your company, for a long time.