Keeping your new employees, when others try to poach them

“People don’t leave companies, they leave managers” is a common phrase you’ve probably heard and there’s some truth to it. According to a survey from GoodHire, 82% of workers admitted they would consider quitting because of a bad manager.

“C-Suite” executives are not the only ones who get headhunted by recruiters or other businesses. Ask any small business owner who has had their best employees ‘nicked’ by a competitor – it happens all the time.

Right now (August 2022) it’s a ‘seller’s market’ for employees. There are shortages across a wide range of industries and good employees are being offered wage increases or other benefits to change their employment.

It’s not always about the money!

Location (especially if an employee moves home or you move your business to a new premises), hours of opening/employment/shifts, frequency of shifts for casual…. there’s a long list of reasons other than money why an employee might be interested in an offer from another business.

So, what can you do?

OK, so it is about money and you can’t afford a pay increase. That doesn’t make you a bad boss. In fact, if you can afford it, but have more than one employee and don’t believe the employee asking for higher wages is deserving of an increase, then treating all your employees fairly actually makes you a GOOD boss – even if that employee leaves.

What else makes you a good employer? Here’s a short checklist:

• Communicate – and that includes LISTENING!
• Use Positive Reinforcement – but be genuine and not condescending
• Be as flexible as possible re hours or work, sharing duties, WFH, etc
• Did I mention communicate?
• Don’t overlook or undervalue security and safety for your employees.

Like an obligation free chat about any of this? Use the Contact Us form on the website, or call 0404 231 631