Ways to improve retention of remote employees
The pandemic has taught companies about the importance of remote working, which is something they are going to continue going forward, not only because of the pandemic but for the other benefits they can see, such as reduced/no costs of office space and better work-life balance for employees which let us be honest results in better work being done by employees. More than 60% of employees will not accept employment where remote working is not an option. 86% of people surveyed would rather leave a secure job for one that offers remote working.
Why it is important to have retention of remote employees?
The obvious importance is that you do not want to loose an employee which is good. HR departments can find it difficult to find the right talent for the company to work remotely and may not have experience of hiring remote employees. At Recruit Overseas we take the role of your HR department and get the talent you are looking for.
Retention is a reflection upon loyalty. Loyalty can only be achieved by employers by employers taking the time to understand what is in the best interests of their employees. You will reap the rewards of the effort you put into making your employees feel that they are part of a community in your company, understand what they want out of your company.
The benefits of retaining remote employees:
1. Competitive edge over your competition and costs
By building your company with your remote employees you both are benefiting from each other. You are benefitting from the work they do, by providing any training you will reap the rewards of the knowledge gained by the employee. The problem with lack of retention you will have to give the new employees time to understand the project and get familiar with your way of working, this can also be very costly to companies. Firstly because the money spent on wages, which can be over 160% an employees yearly wage. Secondly, it can result in delay of completion of a project which can also be costly.
2. Team work
Putting together the right team for a project is essential. You must understand what experience/knowledge members of the team must have to be able to complete the project at hand. Team work is best done when members of the team compliment each other in the skills they possess. Getting a team which work well with each other can be tricky but once you have got the right team together you would want to retain them. Recruit Overseas can help you understand the types of employees you will require for your team and help with putting that team together for you .
How companies can retain employees:
1. Understand why you are unable to retain your employees
Some of the main reasons why employees do not want to stay in a job is because of the culture of the company, lack of progression, low pay and unable to work remotely. By understand what the reason is for your company not being able to retain employees you can put together a plan to solve the issue common amongst employees who have not been retained
2. Allow remote working
As mentioned above, more than 60% of employees will not accept employment where remote working is not an option. 86% of people surveyed would rather leave a secure job for one that offers remote working. The numbers say it all, remote working must be something offered by companies.
3. Offer development opportunities
You will reap the rewards of the knowledge gained by employees from training, webinars, mentoring and networking. By investing in your employees with development opportunities you are giving the sense of belonging within your company which provides for a positive environment to work in for your employees which will increase in retention rates.
4. Take on board your employees thoughts
Your employees are the ones doing the work and are part of your company, by asking for feedback you will make them feel heard and you will understand what you need to do to ensure you achieve retention. By implementing change suggested by employees you will make them feel heard and feel part of the company, it provides for a sense of belonging which employees look for.
5. Keep an eye on your reputation
Employees talk, which will have an impact on your branding. This will impact your prospects of attracting the talent you wish to employee or retain and will have an impact on the customers you will wish to secure as your branding will be impacted.
Recruit Overseas can help you put together the team you are looking for to complete a project, we triple vet candidates and are confident that they will fit with what you are looking. We offer replacements because it will put your mind at ease, even though we know we know that we can source the talent you are looking for.
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