Identifying and hiring great employees is important, but finding ways to retain them is crucial as well. Today we take a closer look at how Background Screening can help you win both types of battles in the war for talent.
Pay Above-Average Salaries
Let’s begin with the basics: if the compensation you offer is attractive, your employees will think twice before changing jobs. At the end of the day, money is one of the most important reasons why we work. By tweaking this part of the retention equation, you can dramatically stack the odds in favor of your company. However, money isn’t everything, though, as we will see in the next point.
Make Your Employees Feel Appreciated
While it’s true that everyone needs money to survive, people also need to feel appreciated and acknowledged. For example, a recent study by the University of Southern California (USC), found that many workers across various sectors feel unappreciated and about half say they are thanked less than once per week by their supervisors. All other conditions being equal, most employees will prefer a company that makes them feel valued over one that treats them as numbers. Some ideas to make your employees feel appreciated include:
- Be open to feedback
- Offer praise when it’s due
- Allow them to make decisions
- Make it easy for them to achieve a satisfactory work/life balance
- Offer a good compensation package
Background Screening and Employee Retention
We have covered extensively the ways in which background screening helps you find and hire great talent. But what about employee retention?
A thorough, efficient background screening program is one of the cornerstones of an organizational culture that promotes high levels of retention and reduces employee turnover.
Background screening sends a clear message to prospective employees right from the beginning: you put quality at the center of your outlook. Background checks also reduce turnover rates by ensuring that you hire candidates ideally suited for their positions. The resulting environment is one focused on excellence, but also one where high-quality personal and professional bonds can be formed—in short, a place where your employees will want to stay for the long haul.
Background Screening: More Tips and Ideas
This is a selection of previous posts you can read for more ideas about recruiting, background checks, and background screening.
- Some tips to win the war for talent
- 3 Strategies to deal with employee background
- What is candidate ghosting?
- What are sanctions checks?
Looking for a reliable background screening partner? At Plexus Global we ensure global candidate screening through tailored solutions and the most advanced technology.
We are located in Riverside, California. Contact us today by telephone (844-516-1008), email, or through our social media accounts on Facebook, Twitter, and LinkedIn to learn more about our services or schedule an initial discussion with one of our experienced professionals.