There are many problems that employees are facing all throughout the United States, and it’s leading to these employees leaving their jobs at higher rates than ever before. For instance, the millennial generation, now fully immersed in the workforce, has even become known as the “job hopping” generation, as up to 60% of all millennial employees have stated that they would be willing to forgo their current jobs if they were offered a new one. And in the June of the year of 2015 alone, more than two and a half million people left their positions on a voluntary basis, certainly a much higher number than the years that preceded it and a number that has also continued to grow and grow in the years that have followed since.
But what can be done to stop this trend? How can the millennial generation feel comfortable settling down in a job? In order for these things to become reality, it is very essential indeed that the underlying problems are addressed. One problem, for instance, is that of poor support given to employees all throughout the country, employees who fill many different roles and who provide many different services indeed. Unfortunately, only around one fifth of these employees have stated that they feel supported and encouraged by their superiors, leaving the vast majority of the working population going without such a critical thing. The results of this can be disastrous, to say the very least, leading to everything from apathy to poor work quality to high employee turnover.
Fortunately, however, taking even small steps can do a lot of good in this area. For instance, setting up some kind of an employee recognition program is going to go a long way in showing your employees that you care about them, something that is directly correlated to overall employee happiness, which can then be linked to many other benefits. After all, happy employees are far more likely to invest time and effort in their work, turning out more productive work days and higher quality work in general. And as more than 85% of all companies have found that the institution and implementation of something like an employee recognition program led them to these higher rates of employee happiness, it is clear to see that such a thing does matter indeed.
Improving hiring practices through the use of an HR executive search agency can also be largely beneficial. The HR executive search agency is one that can make it possible to streamline the job hunt process, both for the individual as well as for the company. With something like an HR executive search agency in play, it is easy to see how one might eliminate some of the less desirable candidates right off the bat. Therefore, an HR executive search agency can streamline the hiring process, something that the majority of businesses and companies could certainly benefit from, to say the very least on the matter. By hiring an HR executive search agency, companies make an investment that will most certainly pay off in the long run.
Of course, there are other factors also coming into play even outside of the hiring of outplacement services and restructuring consultants and the like. Once a candidate is hired, it is hugely important to on board them properly. When a candidate and a new hire is given a thorough on boarding, they are much more likely to still be at that same company even years down the line, even if they have grown in their role. However, this is not likely to happen if the on boarding process has not been properly handled and solidified. In fact, a candidate that has not been on boarded well, even if they were hired through the aid of an HR executive search agency, is not likely to want to stick around for very long at all.
At the end of the day, there are many things to be considered and many ways in which we can change the tide regarding job retention rates here in the United States. Fortunately, such steps are becoming more and more well known with time – and more and more highly utilized.