Tuesday, April 2, 2013

Employers Should be Concerned About their Employees

Job Searches are up 40% this year compared to last year.  Employees are feeling more confident in the recovery and as a result, there will be significant employee turnover this year.

Typically, jobseekers are looking for the following in their searches:

Stability
Compensation
Respect
Health Benefits
Work-Life Balance

Current employers need to keep this in mind for their business management.  This means that they need to identify their key employees and develop retention strategies.  The time where employees should be thankful for having a job is about to end.  The new theme is how do I keep my employees and make them excited to work here.

I would suggest you focus on increasing compensation and providing better quality of life opportunities for employees.  So rather than take the Yahoo! approach, you should let employees work from home if appropriate. In order words, try to be more flexible and understanding for employee needs.