ADVERTISING FEATURE
PEOPLE
Employee retention during challenging times by Polly Rathbone-Ward , Director , Rathbone HR Solutions
The Chartered Institute of Personnel & Development recently reported that 23 per cent of the UK workforce is expected to change jobs in the next 12 months .
This could mean that your employees are considering moving on , including some of your key team members . Employee turnover can have a significantly negative and disruptive impact on organisational performance . There are numerous reasons why people may leave their jobs but terms like ‘ great resignation ’ and ‘ quiet quitting ’ may indicate that people don ’ t feel generally satisfied or properly valued by their workplaces .
Here are some strategies that may help you boost employee job satisfaction and help you retain your best employees .
Carrying out exit interviews for those who are leaving is an effective way to gather feedback . Understanding why people are leaving an organisation will help you to devise initiatives and strategies that reduce turnover and increase employee retention .
Carrying out ‘ stay ’ interviews is a great way of finding out what people are needing that could prevent them from leaving . Rather than waiting until people are leaving , conducting stay interviews during employment can help you understand how people are feeling , what is working and what can be improved .
Other recommendations to improve employee retention include : creating chances for collaboration and connection , offering flexible working options , ensuring fair treatment of all , providing employee wellness initiatives and fostering growth by offering professional development and learning opportunities .
Based in Bath , Rathbone HR Solutions provides strategic and operational HR support for small and medium sized businesses .
Established by Polly Rathbone-Ward in 2018 , the firm is passionate about providing practical , professional HR services .
To find out more visit : www . rathbonehrsolutions . co . uk or email : polly @ rathbonehrsolutions . co . uk
Employee retention is incredibly important to the successful operation of an organisation . Employee turnover is costly and it is worth considering strategies to retain top talent and minimise disruption . However , it is not possible to retain all employees so when people do move on , ensure you have appropriate and effective offboarding processes in place .
Interaction unveil Social Shepherd ’ s first Bath HQ
Social Shepherd , the fast-growing digital marketing agency has moved into its new workspace in Bath ’ s Alexander House , designed by office experts Interaction .
With over 30 years ’ experience of creating best-in-class workspaces for fast-growing businesses , Interaction were the natural choice to create this flexible and inspiring HQ for the rapidly scaling business .
Founded by Zoe Stephenson and Jack Shepherd , Social Shepherd now employs 55 people and works with brands including Premier Inn , easyJet Holidays and Uniqlo .
The 7,664 sq ft office includes a mix of focussed work benches , private booths and informal meeting areas with home-style furnishings . There is also a state-of-the-art production space featuring a podcast studio and the latest green screen technology for creating video content .
“ We wanted a space with a wow factor . Interaction has brought our vision to life and it ’ s already transforming the way we work ”
Jack Shepherd , Co-Founder
Get in touch to find out how an office transformation can help supercharge your growth .
THE BUSINESS EXCHANGE 2023 27