Retaining Top Talent

Priya’s accountancy firm had been running for 4 years, she had painstaking built her business from scratch; knew each client personally and had recruited and developed her team so that she as certain that her clients were receiving an excellent service.

Then Richard one of her longest servicing employees resigned.

She was distraught, “I’ve poured so much into developing him, why would he leave?” she asked. “He seemed happy, what if this is the start of a exodus?”

Ever felt like this?

Losing a valued employee can be a business owners worst nightmare. It’s takes a lot of time, effort and resource to recruit and onboard new team members.

Priya and I met with Richard to get some feedback on his decision to leave to business, turned out that he found a new job, closer to home, that would enable him to spend more time with his young family.

While he wasn’t about to change his mind about his resignation, he did give us some valuable insight in to the team and we used them to communicate effectively with staff and build team morale.

Worried about losing a valued team member? Here are a few tips to help you:

  1. Build and maintain great relationships with your team; have a open and respectful relationship with your team, spend time together and show genuine interest in the things that they are interested in.

  2. Communicate your team mission and aspirations; ensure that everyone in your team knows how they fit into the aspirations for the business and what their path to growth is.

  3. Ask for feedback; it is important that your team feels heard and they their ideas are taken into consideration as you grow and scale your business.

  4. Measure morale regularly; team meetings and employee satisfaction surveys are a good way of checking in.

  5. Understand what motivates each individual; everyone is different and that may mean communicating and creative incentives differently to suit individual personalities .

Need help recruiting and retaining your team, DM us and we’ll be in touch to schedule a quick call to see how we can help you