Here’s why you’re losing talent from your business

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Finding, gaining and retaining talent is key for businesses to succeed, particularly in today’s world. We share our top HR advice and insight into why you might be losing yours.


Your recruitment process…

A recruitment process that makes applicants want to work with you will attract the right candidate who wants to develop, grow and stay with you. Make your organisation THE place to work by starting off in the right way.

Your advert must reflect your culture.

How do you respond to applicants? Do you respond to every application? What is the wording of any auto-response? Is it welcoming, personal and upbeat or formal and robotic?

Read our blog on why important employer brand is so important to your business here >>

Your recruitment process needs to reflect that you value and appreciate your talent.

Who you hire…

  • Is there a mismatch between your recruits and your organisation?
  • Can you provide the stimulus, development and scope your recruit is seeking?
  • If you recruit for a reality that doesn’t exist, talent will not hang around.

How you welcome them…

  • Do you invest time, effort and money into your induction process?
  • Are you confident that talent feels embedded into a nurturing yet challenging environment, with an opportunity to grow and shine?
  • Your induction process should be relevant and specific to the role in both content and duration.

How you work…

Flexible working is now commonplace, whether to deal with emergencies and short-term situations, or on a regular basis such as term time, annualised hours or home working. If you insist on a traditional week of 9.00am – 5.30pm in the office with lunch 12 – 1 pm, you may lose talent to a company offering flexibility. The needs of the business should come first and, with the correct HR support and advice, you can usually find a compromise to achieve both.

Two ears and one mouth…

Are you listening to your talent? Taking on board their ideas, their concerns, their initiatives? Are you communicating back, keeping them in the loop and up to date with developments and business strategy?

Talent needs to be appreciated if it is going to stay and listening and communicating can encourage that retention. Think about having formal and informal routes to improve communication and nurture the talent that you have.

How you engage…

An engaged workforce will improve productivity and ensure that talent develops in your team and organisation.

How you treat challenge…

If you have a culture that rewards followers and yes-men, whilst labelling those who challenge as trouble makers and mavericks, you will have talent leaving before they have set up their workstation.

Develop a culture that encourages idea generation and that people feel comfortable and safe in challenging systems and processes. Embrace the talent that you have.

How you train and develop….

Investing in your team’s learning and development shows you appreciate their talent and aspirations and value them as an integral part of your organisation.  Employees appreciate opportunities to develop their skills, therefore, training should be the last budget to be reduced even in tough times – losing the talent in your business will cost you more. Those who feel valued will stay.

The value in recruiting the right people, in the right way, and then retaining that talent is invaluable to any organisation. The cost of recruiting is not just the advert. It is the time, money and productivity impact of the process, induction and training. Successful organisations must create a retention strategy.

If you would like help and support in developing a retention strategy or any of the actions in this article, we would love to hear from you. We provide outsourced HR expert advice and training, either on-line or face to face.  Call us on 01473 360160 or arrange a free one-hour consultation 


Why MAD-HR is good news for your business

Your business can only succeed in today’s competitive marketplace by recruiting and retaining talented individuals, who offer a service to your customers which is second to none.

We can help. Build your reputation as a good employer who recognises effort and achievements and invests in training, so your business grows and prospers with quality, motivated people.

Running a successful business today is challenging to say the least. To operate efficiently and profitably, managers need to be skilled in the recruitment, induction, leadership and development of their teams. Sometimes you need some assistance, whether that’s for now, for later or the long term. At MAD-HR we understand that such assistance needs to empower managers to lead confidently and nurture their ability, whilst being supported by simple, effective management tools. Plus, we’re really nice to work with.

Book a free telephone consultation here to see for yourself


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Guest Thursday, 02 April 2020