How To Retain Talent: 5 Best Tips - Liv.it

How To Retain Talent: 5 Best Tips

How To Retain Talent?

75% of people who quit their roles do so because of their manager. This is by far the number one reason employees voluntarily leave their jobs.

It makes sense given, among other things, the fact that managers shape roles and responsibilities, and can make them (or not) challenging and fulfilling. The leader will either inspire or not. And the leader sets the tone of communication and culture.

Here’s a great exercise:

If you were to apply for the same job you are in now, would you do it?

Is the leadership style supporting your growth? Is the current culture in the company aligned with your values?

So, switching back to the employer side, can we actually retain talent? The short answer is – No.

  1. You can not retain. You can only inspire.

Sometimes, people grow faster than an organization/role. They may outgrow and leave, and we have to live with that. The world is small and very round, it’s important to handle such situations graciously.

  1. Inspire with the flexibility of work.

Companies that are not familiar with the remote work setup are afraid that employees might not be working enough. In fact, it’s burnout we should be worried about. Goal-driven professionals perform well when a clear goal, timelines, and appropriate resources are provided.

  1. Inspire during recruiting and onboarding.

1 in 4 employees quits during the first 90 days. I know it’s hectic when new people need to be onboarded while we are managing pipelines of candidates and everyone is busy with daily tasks. But it helps to think of employees as “customers” and be equally mindful of their journey. Let’s think about it.

  1. Constructive criticism?

We often dwell & focus on what did not work. What about putting the same amount of time and effort into dissecting achievements? It’s a great practice to make sure we repeat wins. Be specific about what you’re appreciating – thank you + for what exactly.

  1. Invest in tools and technology for all of our employees

So many things can be automated. The time of a “knowledge worker” is way too precious to be wasted on administrative, boring, repetitive (and brain-damaging) tasks. Let’s create more space for our team members to be human and nurture creativity, empathy, joy, and efficiency.

If you are looking for inspiration on tools and technologies, have a look at my previous article. I hope it helps.

Marketing Livit

Do you want the latest Future of Work articles straight into your inbox?

Related Articles

Morgan Legge on How Convert’s Remote First Approach Works

Morgan Legge, the Remote Work Evangelist and Director of Operations at Convert, will be speaking at Running Remote, the largest remote work conference in the …

Read More
Startups Created in Bali at Project Getaway

At Livit, we are extremely dedicated to providing the highest level of support to our fellow entrepreneurs to help establish a healthy business. From administrative …

Read More
Work from Bali Sanur
Work-Life Balance in Sanur

Livit Hub Bali is a coworking space where entrepreneurs, SMEs, and solopreneurs can simultaneously build their careers and social life, creating the work-life balance we all wish to experience.

Read More
Do you want the latest Future of Work articles straight into your inbox?
0 Comments
Inline Feedbacks
View all comments

Events and other projects we care about and partner with.
Email us for discount codes and special deals!

Work from Bali

Forget working from home. Experience a remote work dream at Livit Hub Bali.
Come and work from Bali with us!