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‘Employee Retention’

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June 3, 2024

MyMobileLyfe

LeadershipProductivityRecruitment Marketing

Tips to Reduce Employee Turnover and Improve Your Hiring Process

Tips to Reduce Employee Turnover and Improve Your Hiring Process 0

Does your company struggle to retain employees, leading to constant hiring cycles? If so, your operation is losing out on valuable skills and tribal knowledge – and it’s also costing you money! According to Gallup studies, replacing a lost employee can cost anywhere between 50% to 200% of that employee’s salary. Proactive employee retention policies are almost always cheaper than rehiring.

MyMobileLyfe specializes in recruitment marketing services that enable long-lasting employee relationships. We know how to find – and keep – the best workers!

Offer more internal advancement opportunities. 

63% of workers leave their job because they feel they cannot advance their careers, and look to other businesses to move up the career ladder. In particular, refusing to promote an employee who’s “too good” at their current job is likely to drive them away.

Boost managers’ empathy and listening skills. 

“Bad bosses” are a perennial issue leading to resignations. This can typically be fixed simply by encouraging managers to help workers feel listened-to and valued in the workplace.

Offer flexible hours and/or WFH. 

According to Forbes, 98% of office workers would prefer to work from home at least partially – and 57% would consider quitting if WFH isn’t an option. Modern telecommunications make WFH a workable option for most sit-down office jobs.

Encourage feedback with clear communication channels. 

In our experience, employees want to help improve their workplace, but often lack clear channels for offering constructive feedback and “on the ground” suggestions for improvement. Let your employees contribute, and everybody wins.

Shut down office toxicity. 

Today’s workers have very little tolerance for toxicity in the workplace, with over 50% citing poor office culture as a reason for quitting. Take harassment complaints seriously, and make it clear your workers should feel safe at work.

Have clear and fairly-enforced rules. 

Few issues will tank internal morale faster than unclear or unevenly enforced rules. If workers get the feeling there’s a “two tier” enforcement system, those on the lower tier will look for other employers who will give them fair treatment.

Implement better family policies. 

In a Pew study, 48% of employees mentioned family/child-care problems as a reason for switching jobs. Help support your workers with families, and offer options that allow them to achieve a stable work/life balance which doesn’t require neglecting their family.

Choose a recruitment marketing partner.

Long-term employees begin as great new hires! MyMobileLyfe recruitment marketing strategies can find, attract, and engage prime talent before they even apply, granting you access to the best workers available. Contact us to learn more.

December 17, 2023

MyMobileLyfe

BusinessRecruitment Marketing

Attracting and Retaining Top Tech Talent

Attracting and Retaining Top Tech Talent 0

Top tech talent is always in demand, leaving companies to compete for the best workers. Even once you make hires, it’s important to realize what it takes to encourage tech workers to stay at your company.

The following tips will help you attract and retain top tech talent:

Set realistic expectations.

It may be tempting to oversell your company’s growth opportunities in a job listing or initial interview to attract top tech talent. This is a mistake, according to Raconteur. Even if overselling attracts employees, they’ll quickly become dissatisfied once they realize the work isn’t what they expected.

Give your tech employees a sense of purpose.

It is important for all of your employees to understand where your organization is going and how they contribute to its purpose, Forbes says. Give your employees the necessary tools, let them know what you want to achieve, and then let everyone focus on producing those results.

Give them a value proposition.

You may be accustomed to offering a value proposition to your customers, Harvard Business Review points out, but this also needs to be a consideration when it comes to current and new hires. Salary is always important, but for talent retention, your company also needs to provide additional value, such as opportunities for growth or enticing employee benefits.

Make inclusivity a priority.

Having a diverse workforce is key to attracting and retaining tech talent, according to techspective.net. Commit to inclusion in your organization, and you’ll attract a diverse group of prospective employees who see themselves represented in your workforce. This will help them feel comfortable and valued within the company once they’re hired.

Make your work environment flexible.

The best way to ensure tech talent retention is by offering flexible work environments, a Deloitte study found. Tech professionals expect to have choices about their work, such as working fully remotely or having a hybrid work environment. About 46% of them would consider leaving an organization that stopped offering these options.

Don’t discount “soft” skills. 

Even among tech hires, “soft” skills are important, Deloitte points out. These include qualities that can’t be easily taught, such as leadership, communication, problem-solving, and collaboration. These types of skills are vital for the success of your tech teams, leading to greater talent retention.

Attracting and retaining top tech talent isn’t only about offering suitable compensation. By providing taking other important considerations into account like flexibility, inclusion, and a sense of purpose, you’ll be able to hire the ideal employee and increase the chance that they’ll stay with your company.

March 7, 2023

MyMobileLyfe

BusinessProductivityRecruitment Marketing

How to Stand Out in Your Next Tech Job Interview

How to Stand Out in Your Next Tech Job Interview 0

There are indications that tech jobs have resumed the positive trajectory after slamming into reverse during the pandemic. Figures from the Bureau of Labor Statistics estimate that over 12,900 tech opportunities were created as of last year September. Interestingly, the number of job seekers remains at an all-time high, making the job market competitive. As such, succeeding in your next tech interview requires that you stand out from other applicants. Below are a few tips.

1. Understand your CV

While it seems obvious, many people don’t understand their CVs deeply, especially after applying for hundreds of positions. Besides tailoring your CV to suit the advertised position, memorize the version of CV you sent before the interview. This reduces the chances of going blank during the interview. Below are a few things to do with your CV:

  • Read the job description carefully – highlight transferable skills if your skills don’t match those required.
  • Have proof of success stories, key results, and challenges you mentioned in your CV.

2. Learn about your Employer

Researching your employer before the interview is also crucial. Check their website, social media, and featured stories in local and national media. For established tech companies, know the basics, such as their share prices, senior leaders, and company deliverables to customers, before sitting for the interview.

3. Show you are Always Learning

Tech is always evolving. Therefore, you shouldn’t stop learning after mastering a skill. If your specialty involves software, processes, and algorithms, show what you’ve been doing to keep up to date. If you recently completed a project that can help your employer, bring it up.

4. Prepare for Common Tech Interview Questions

Employers often use the interview process to learn more about applicants and their technical skills. Therefore, you should prepare extensively and expect tough questions. Simple questions, such as “why do you want to join this company? What are you looking for in this career move, and what qualities do you bring to this role” help potential employers gauge your suitability for the role.

You should also expect specific questions about your applied role. For instance, what experience do you have with specific technologies, or which problems have you solved using a specific technology? Depending on the vacant role, questions in the last stage become more complex. For instance, developers may be asked how to maintain a code base. Most employers also give candidates technical tasks to complete during the interview.

Conclusion

As you prepare for the interview, remember that new opportunities often come through professional connections and referrals. 30% of job candidates find opportunities from their networks. Therefore, you should keep expanding your network with professional peers and others.

August 29, 2022

MyMobileLyfe

Leadership

How Leadership Development Drives Talent Retention

How Leadership Development Drives Talent Retention 0

Leadership development is critical to any business looking to retain its top talent. Employees feel valued and recognized for their contributions and are more likely to stay with the company. Leaders who invest in their team’s development create a positive work environment that fosters creativity and productivity. By providing opportunities for growth and professional enrichment, businesses can keep their best employees motivated and engaged.

Leaders Are Not Born, They Are Made

Anyone can be a leader, regardless of age or experience. This is something that Gen-Z small business owners have learned from a young age. They are used to working outside of conventional hours, even on vacation. In a recent report released by the Microsoft store, A survey of 1,000 small business owners in the United States with 0 to 24 employees confirmed that 48% of Gen-Zers also have side hustles than 34% of the other generation.

A whopping 64% of Gen-Z confessed to conducting at least half their business on their phones, as opposed to the already high percentage of 48% from all age groups. These experiences have taught them that leaders are not born but made. Anyone can be a leader if they have the right skills and attitude. All it takes is a willingness to learn and the ability to adapt to change.

Exceptional Leadership

It’s often said that three qualities make up an exceptional leader: vision, integrity, and the ability to inspire others. A leader with vision can see the big picture and articulate a clear and compelling direction for their team. They possess a strong sense of integrity, which allows them to gain the trust of others. And finally, they can inspire others to achieve great things.

To ensure that your leadership team is set up for success, you need to:

  • Have a clear and concise vision for your business
  • Build a team of individuals with complementary skill sets
  • Create a culture of openness and transparency

Elements For Changed Leadership

Change leadership and talent development are two interrelated topics. Leaders need to be able to drive change within their organizations and have the talent to make that happen. Talent development is about creating a pipeline of future leaders who can step up and drive change when needed. Four fundamental elements create change leadership and also drive talent:

  • A clear vision for the future. Leaders need to be able to articulate where they want their organizations to be in the future, and they need to have a clear plan for how to get there.
  • The ability to build consensus. Change leadership requires the ability to build consensus among diverse stakeholders.
  • The courage to take risks. Leaders need to be willing to take risks to achieve their vision.
  • The skills to develop talent. Leaders need the skills necessary to identify and develop talent within their organizations.

Leaders are not born, they’re made. Anyone can learn the skills necessary to be an effective leader with the proper training and development. Exceptional leadership results from taking the time to understand yourself and your team, setting clear goals, and providing the support employees need to succeed. If you’re looking for ways to develop changed leadership in your organization, start by considering these essential elements, and before you know it, talent retention will be your thing.