Reducing staff
turnover is an ongoing headache for many businesses. Experts estimate it
costs upwards of twice an employee’s salary to find and train a replacement.
And churn can damage morale among remaining employees. But many employers are
now finding that by creating and supporting a flexible work culture where
part-time work is easily accessible if desired, creates loyalty, increases
performance and reduces staff turnover.
Tips to making it work include:
1.Be realistic – staff
moving from full-time to part-time need to adjust and manage their own
expectations of what they can achieve.
2.Prioritisation – for
the employee, the key to finding the balance is to make sure they are doing the
important rather than the urgent.
3.Strategic approach
– as an employer you should ensure that you have
strategies in place to make this work. Being flexible and family friendly
won’t be successful unless this is the case.
4.Support – part-time
staff need the full support of their leader, their teammates and family for it
to successfully work for everyone.
5.Review
– re-visit and discuss compensation, benefits packages, and flexible work schedules
at least annually.
6.Recognition
– it is easy to overlook how important recognition and praise from managers can
be, especially if an employee is not in the office full time.
A very real benefit many employers find with flexible arrangements is increased
productivity –part-time employees may work fewer hours in the office, but
they are capable of being just as productive as full-timers, they don’t have
time to waste and are often extremely good at juggling a range of tasks. Not to
mention the cost benefits to your business from reducing staff turnover!
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