Does Your Company Struggle to Retain the Best Talent?

Job agency in dallas

As your husband left for the office this morning he told you that he had a meeting with a recruiter next week.
His off handed comment caught you of guard, but the fact that your husband was meeting with someone did not really signal an impending job change. Instead, it was likely just an indicator that another unsolicited offer might be coming his way.
In the past, your husband has met with staffing company representatives and recruiters, but he has rarely considered any of the offers. It seems, in fact, that your husband is actually very satisfied with his current work situation. It is not that he does not have frustrating days, or that his compensation is perfect, but in the grand scheme of things, your husband is happy where he is. In fact, is a staffing company wanted to understand how to create staff loyalty, your husband would be a great study. The mere fact that your husband has only had two jobs in the 35 years since he graduated from college is a major indicator that he is not someone who jumps from one job to the next.
Staffing agencies are not always in search of new job recruits for their clients, they are also in the business of helping companies hold onto the top talent that is on their staff.
Could a Staffing Company Help Your Company Find the Solution to Losing the Talent That You Train?
Today’s work force tends to be pretty mobile. Although generations ago it would not have been unusual to have been with the same company for 30 or more years, today’s work force does not foster longevity. New managers come in, replace experienced sales people with new talent, a previously dedicated employee suddenly announces the departure for another job. As a result, the best staffing company can not only find a great recruit, they can also help their clients make sure that they retain those talent acquisitions.
Both temporary employment agencies and salaried full time staffing agencies, in fact, have added human resourcing skills to the services that they offer. From onboarding procedures to training strategies, the best staffing company can help their clients find and keep the talent that they need.
Consider some of these facts and figures about today’s talent acquisition and retention offerings:

  • $11 billion is lost every year because of employee turnover. Contracts with staffing agencies can include training about strategies to make sure that you keep the best talent.
  • 93% of recruiters indicate that they look at a candidate?s social media profile. And while this is not the only thing that a recruiter looks at, is important to know that the party pictures you posted from last weekend may not be what you want a potential employer to see.
  • 46% of human resources professionals say retention is their greatest concern, this top priority is followed by employee engagement at 36%. A staffing agency can help companies understand the processes that engage employees and increase the chance that they those engaged employees will remain with your company.
  • One attribute that can lead to more satisfied employees is having a diverse work force. In fact, according to McKinsey?s research, gender-diverse companies are 15% more likely to outperform their peers. The same research also indicates that ethnically-diverse companies are 35% more likely to outperform their peers.
  • 58% of new hires who undergo a structured onboarding program are 58more likely to be with the company after three years. The expense of finding new talent is wasted if your company is not doing everything to retain that talent. A combination of a strong onboarding program and employee incentive offerings can help you retain the talent you fought to find.
  • 86% of companies with employee recognition programs cite an increase in worker happiness, and worker happiness can be a strong indicator of employee retention.

If your top employees were invited for a staffing agency interview next week would they go? Have you done everything in your power to make sure the talent that leads your company is satisfied and challenged? If not, it may be time to work with a staffing and recruiting agency to help you find out what you can do to improve. Improve enough that you retain your top talent.

Leave a Reply