How to Keep away key employees from quitting

How to Keep away key employees from quitting?

  • 27th May, 2015

Hiring best employees is just half the job done. Retaining them and keeping them from quitting is the other half of the job that keeps the HR department on toes. Over time some employees prove themselves to be very essential to the company. It would create quite a dent in the employee-pool and replacing those looks next to impossible.

Hiring with the help of any HRMS software isn’t an inexpensive process. Significant amount of time, money and resources have to be spent during the hiring phase to find the right people. On-boarding new employees have their own share of expenses. After the employees get well-settled in their jobs, some go beyond expectations and grow immensely forming crucial links in the enterprise. In a competitive world, companies are keeping a steady eye on their competitors’ key employees. They are not afraid to approach such key employees and try to make them a part of their organization instead. If you don’t have anything significant to offer for them to stay on, you just might lose you best employee to the next lucrative offer.

Once someone quits, the cycle of hiring starts again and it is usually considered as a wasted investment. The worst thing for you as an employer would be to see your most prized employee join forces with your competitors. So if there is someone you would like to keep hidden from the business world and want them all for yourself, the following suggestions may be helpful:

–          Offer the best tools for the employees to use: Employing web based HRMS software takes care of most HR functionalities and offers something for employees as well. When they have extremely efficient tools around them that take care of otherwise mundane, manual work they can strictly focus on doing what they do best – maximizing their skill-sets and contribute extensively to their projects.

–          Be grateful for their contribution: It is true that just one kind and grateful word would drive the most exhausted man to take the next step when he wants to give up. Understand that even the best employees are not cut out from some invincible substance; they do get worn down and might have moments where they start doubting themselves. Don’t be reluctant to shower an appreciative word and gratitude every once in a while. When employees feel appreciated and their work is recognized, they would display loyalty and the thought of quitting would be pushed back to the darkest corners of the mind.

–          Maintain a healthy communication channel with your employees: Expecting employees to respect rules and follow instructions is not wise. Communication is a two-way channel. If you want your employees to hear you, as an employer you should also put in efforts to hear them as well. Listen to what they are saying. Ask for suggestions, give them feedback, be easy to reach and offer a platform where all these are possible. HR-One’s HRMS software is amongst the best to turn to.

–          Take an initiative to fill their skill-gaps: Don’t wait for your employees to approach you and request for training of any kind. Keep their skill sets relevant and in sync with existing technology. This shows that you interested in their growth as much as they are. Any web based HRMS software would help you in addressing any gaps in skill-sets by tracking the existing skills of employees and the ones required to enhance their performance. It further helps in creating training plans to materialize the planned objectives.

–          Deal with stressful environment if there is any: Stress of any kind disrupts smooth functioning of the organization. Keep a check on the same and respond immediately when such situations crop up. Pushing it under the rug would make matters bad, the worst case scenario being employees quitting if they see no end to it. Maintaining a stress-free work culture, despite tight deadlines and other stress-inducing factors would invariably lead to happier employees and giving them another reason to stay with you.

Every single reason counts when it comes to keeping key employees from quitting.If you give them one more reason to stay, it means there is one less reason why they would want to consider opportunities elsewhere. Discuss their career progression within your organization and offer flexibility wherever you can.

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