If you’re looking into improving job retention rates, you are most certainly not alone. As a matter of fact, employment agencies specializing in HR executive searches are quite invested indeed when it comes to such matters. After all, overall employee retention rates are quite poor all throughout the United States, something that many employment agencies specializing in HR as well as human resources recruiting agencies have very much taken note of. For a great many people, the need for the right job is elusive – and many companies are failing to make them want to stay in any meaningful way or even for any truly meaningful period of time.
This is something that is very much supported by the data that has been gathered on the subject. For one thing, the Millennial generation, now featured predominantly throughout the workforce, has also become known as the job hopping generation. This age group of workers is actually very likely to move from one job to the next, with as many as 60% of all Millennials stating that they would, in fact, take a new job if they were offered it and if that new job offered them more benefits than the jobs they currently have. And the June of 2015 alone saw more than two and a half million people leaving their jobs, up from the prior year and a number that has only continued to grow in the years that have passed us by since.
There are a number of reasons that this might be the case – reasons that employment agencies specializing in HR and beyond are looking to rectify as much as they possibly are able to. For one thing, far too many employees in this country are simply not feeling as supported and encouraged at their places of work as they really should be, something that more and more employment agencies specializing in HR are really making note of. Unfortunately, currently a scant 20% of all current employees in this country actually feel fully supported by their superiors and managers. For a great many others, however, this is certainly far from the case.
Fortunately, there are steps that can be taken, by employment agencies specializing in HR and beyond, to rectify this problem. For one thing, creating a supportive work environment is an absolute must. In some ways, the creation of an working environment that can be considered to be diverse is something that can be hugely beneficial all across the board. As a matter of fact, such claims are readily supported by the data that has been gathered on the subject as well. For instance, workplaces that are ethnically diverse have even been found to perform up to 35% better than those workplaces that incorporate a good deal less ethnic diversity. In addition to this, gender diverse workplaces are also very important indeed, outperforming other places of work by a full 15% at the very least.
And simply showing employees that you care about them can actually also go surprisingly far. As a matter of fact, employee recognition programs are hugely important indeed, as more than 85% of them will have a positive impact, particularly when it comes to overall employee happiness. Fortunately, employee happiness can lead to many other positive areas of change as well, such as that of improving not only work output, but improving the quality of the work that is produced as well. For many employment agencies specializing in HR, such methods are more than worth trying out to see what the impact might be. Ultimately, the end result is far more likely to be a positive one than a negative one, to say the very least.
Ultimately, issues surrounding that of poor employee retention rates are not always simple ones to fix. Fortunately, such issues can be improved upon with careful understanding of the issues as well as action taken to push back against it. Companies such as employment agencies specializing in HR can make a big difference – and, in many cases, even already are, for that matter, something that will only continue to improve with the passage of time.