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HRMS Software do Reduce Employee Turnover

 


HRMS Software do Reduce

Employee Turnover



Have you ever wondered why most of your staff quit? High staff turnover could be caused by several factors that may be camouflaged among the daily work ; Being unemployed is a decision that can be difficult for anyone, so it is important to do a review to check the reason for the problem as this reflects a drain of human talent . 

Some of the main reasons an employee commonly decides to resign are:

  • A bad work environment: having a heavy environment in the office can tire anyone; wear us out physically and intellectually. If your office does not have a pleasant environment, it is very likely that you will lose good workers. Organize activities that allow everyone to share and release the pressure or stress that is often generated. 
  • Unfair remuneration: when an employee feels that his work is not being well paid, he immediately loses his interest and begins to perform the minimum, until he ends up getting better job offers that will lead him to resign without thinking twice. Use tools that help you set fair pay scales for everyone. 
  • Personal growth: when human capital does not have or opportunities for personal and professional growth in the organization, it tends to resign. Remember that your collaborators have professional aspirations and will always look for a better job, better remuneration and benefits. If they feel that their job does not give more, they may end up quitting in search of better opportunities. 
  • Motivation: it is important to understand that your team is not a group of robots, they are people with feelings, dreams and concerns. When they feel that they are not valued in the organization and are not recognized by their bosses; they lose interest in fulfilling their duties. Tiredness from long hours and work overload are other factors that lead workers to worry a little more about their well-being than about anything else. 

Generally, companies that show high turnover are viewed negatively. Most likely, people perceive that something is wrong with the company and causes the progressive loss of workers; in People Next we show you the main disadvantages of high turnover rates:

  • They contribute to a greater expenditure of time and work.
  • For employees, excessive turnover can also be demotivating, if the changes are constant they will feel frustrated in what they do, without direction and uncertainty.
  • Training is also a problem for this type of company because in addition to consuming time it also consumes a lot of money.
  • Another disadvantage is that when an employee is newly hired, he needs time to be efficient in what he does. When they are hired for the first time they have to learn each of their tasks and their level of productivity will not be equal to that of an employee who has experience in the company and generally, new employees are prone to making mistakes.
  • When we make constant changes in the workforce we weaken teamwork. As employees get to know each other, they begin to know their strengths and weaknesses, generating a certain level of trust and empathy. When workers are in constant rotation, employees could feel a certain hostility towards new members, creating divisions in the company that undoubtedly impede the productivity and development of each of the processes.

How to reduce your staff turnover?

Despite the fact that the rotation of human talent has certain advantages for an organization; As being able to have younger staff who contribute new ideas, innovation procedures, and generate positive changes in the organization , excessive changes can generate problems such as: bad reputation for the organization, higher spending on payroll, instability, uncertainty and insecurity for employees. Workers.

We share 5 tips for effective talent retention

1. Recognize their achievements

The lack of motivation among workers is one of the main reasons for leaving their jobs. Acknowledge their accomplishments and let them know what you notice when they do their job and when they exceed expectations. Apply compensation and incentive plans, productivity bonuses and recognition. The dissemination of successes always becomes contagion of positive emotions in the company. 

If you have detected this weakness in your human resource management, we recommend you download the info graphic Why is pay for performance a good idea for your company? And you will learn a little more about the advantages of this practice and how it can help you encourage your team to perform better.  

2. Communicate with each of your collaborators

It is very important that your employees feel part of the organization, that you get to know them and promote humane treatment in which the employee perceives that they are listened to by the company's leaders and that their opinions are taken into account. In addition to that, he knows their expectations to align them with the objectives and achievements of the organization to ensure that everyone works in harmony and feels really involved in each of the processes. 

3. Provide employee training

Training workers and investing a little in their education is something they will always be grateful for. Invest in the education of your staff, develop training plans, support them and encourage them to continue learning every day.

The learning and development of your employees should be seen as a strength for the company since the achievement of the established goals will be made up of the effort and achievement of each of the collaborators in conjunction with the preparation and strengthening of the skills required to the post.

Some of the benefits of training the team are: accelerate the adaptation and performance of employees, reduce the gap between current skills and those required for the position, increase competitiveness, motivate workers, provide autonomy and of course, reduces staff turnover .

4. Improve your recruiting process

We can not notice that the personnel selection process fails when, after hiring, you notice that the selected worker does not meet the characteristics of the required position nor has errors that you were unaware of. Once the recruitment is finished, there should be no doubts about the job to either party. Plan the selection process, define the profiles required for each position, and define a salary scale, incentive plans and compensation. Also, it is important not to create false expectations for your staff or promises that you cannot keep; you will end up demotivating them and encouraging their resignation. For this you can rely on the 5 job skills to be a good recruiter.

Lean on tools that allow you to strategically align your work and start transforming your company today, increase the efficiency of your people and improve business productivity. The software for human talent SuccessFactors provides you the tools you need for managing human resources and form a group of strong and committed partners. Each of the modules will offer you tools that will surely help you to enhance the strengths of the company take advantage of opportunities and reduce weaknesses and threats.

 

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