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The dollar is the draw
Written by: Jeremy HeightonArticle Overview: We often use money as a draw for employees. The question that really needs to be asked is: Is that really what will draw the right employee to your door?
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Free Download - The Honeymoon Hangover - why the ideal hire can fail By Jeremy Heighton |
The dollar is the draw
Dollar is the Draw
As you drive around you’ve undoubtedly noticed a host of “Help Wanted” signs. A wide variety of businesses and industries are finding themselves stretched thin by a lack of high calibre staff. This is due to both the current economic climate and also a shrinking workforce.
Employees are regularly drawn away by the lure of easy money and greater prosperity resulting in many of the “traditional” entry level businesses like fast food and retail feeling the pinch. If you find yourself looking for quality employees, here are three tips that will help you attract (and keep!) the person you need.
Rule #1: Create a Winning Ad. Consider what it is that your potential candidates may be seeking. For example, students may be looking for flexible schedules; skilled workers may be pursuing stability and security and mature workers may be looking for part time shifts or weekends off. When you are building your “Help Wanted” ad, be creative and tell people why working for you is such a great opportunity. Resist the “position description” style of advertisement and show your candidates what makes you special.
Rule #2: The Dollar is the Draw. In the current job market, employees are looking for competitive wages, enhanced benefits and opportunities for growth. These are the three primary needs of any job seeker. Ensuring your compensation package is competitive allows you and your employee the time necessary to build a relationship that can lead to long term employment.
Rule #3: Environment Equals Retention. While wages and benefits pull employees in, how there are treated once they work for you dictates how long they will stay. If you provide flexibility in scheduling, opportunities for professional development and build effective relationships with your staff, they are more likely to develop company loyalty and commitment.
Above all, remember to treat your staff with dignity, respect and trust.
Remember the dollar is the draw; however, a good employee is worth every penny you invest.
Article Tags: calibre staff, company loyalty, compensation package, dignity, easy money, economic climate, example students, fast food, feeling the pinch, flexible schedules, job seeker, mature workers, position description, prosperity, quality employees, shrinking workforce, skilled workers, term employment, time shifts, wages
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About the Author: Jeremy Heighton RSS for Jeremy's articles - Visit Jeremy's website Jeremy is a passionate business consultant who understands the realities of economies, stafing and delivery of service based business. He started his working life in sales and marketing where his high-energy personality and terrific speaking voice led him to an early career in radio and television. He eventually moved to Canada’s North, where he was recruited by the Canadian Federal Government where he spent almost a decade teaching career planning, skils devlopment and public services. Quickly realizing that many staff didn’t know how to give effective presentations, he started training them. And from there, the seeds of WOW were planted, soon growing into an international speaking and consulting business. A sought-after speaker, Jeremy is also an established member of the Canadian Associations of Professional Speakers, Toastmasters International, and the International Federation of Professional Speakers Click here to visit Jeremy's website The 3 Solution for Business Success part one The dollar is the draw What is Preventable Turnover HELP I hired an Idealist Turnover what does it cost |
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