In the wake of record inflation and the Great Resignation, employees and job seekers across the nation are on the hunt for employers that can offer higher pay, stable hours, and, most importantly, flexibility.

According to a recent poll from Gallup, an incredible 52% of exiting employees say their manager could have prevented their exit. So, what steps can employers take in order to change their focus when it comes to attracting and retaining talent?

Mployer Advisor created a new guide for HR leaders to help them weigh both short-and long-term best practices to improve employee retention. This complimentary tool will provide a roadmap for employers and serve as a guide to do the following:  

Encourage a Healthy Work-Life Balance

HR teams, company leadership, and managers all play a critical role in creating and nurturing a workplace that supports an attainable work-life balance.

To do this successfully, managers and HR must be able to recognize the signs and symptoms of burnout, while also leading by example so employees feel empowered to follow suit.

Connect With Your Team

A poor or even lackluster company culture will have a dramatic effect on your employees’ behavior, productivity, and overall level of comfort in the workplace.

Specifically, keep in mind these seemingly small but powerful ideas to nurture your company’s culture:

• When in doubt, always connect back or refer to your core values.• Create opportunities for employees to connect.• Provide employees flexibility.• Prioritize transparency.• Celebrate team wins.• Address mental health concerns and communicate openly about employer-sponsored benefits.

Conduct Stay Interviews

Stay interviews, think the opposite of exit interviews, are structured discussions managers conduct with individual employees to learn about their professional goals, how the company could foster those goals, and encourage open dialogue.

Improve Retention Rates

Employee turnover can be a costly problem. Identifying why employees want to leave can not only save your company money in the long term, but also improve morale, drive productivity, and enhance company culture.

Want to read more? Download our complimentary tool “Employee Retention: A Guide for HR Leaders” now to learn more.

Or, if you want additional content, watch our free, on-demand webinar, “Future-Proof Your Workforce and Transform Talent Through Upskilling.”