How Companies Can Attract New Employees While Retain Existing Employees

1. Job interviews help hire the right talent and can be transcribed using an audio transcription service. Companies must know how to hire & retain top talent. How Companies Can Attract New Employees While Retain Existing Employees MOS Legal Transcription Company 8596 E. 101st Street, Suite H Tulsa, OK 74133

2. Most organizations use interviewing as part of their selection process. It gives the information needed to select the best candidate. The interview is typically conducted by one or two people or an interview team from the organization. Job interviews are transcribed with the help of audio transcription services so that the transcripts can be reviewed again at a later stage if needed. Job interviews present a great opportunity for the employer to decide how well a candidate’s skills are aligned with the need of the company. They enable a company to learn more about the applicant while the candidate gets the opportunity to become familiar with the demands of the company. It is one way to attract top talents to your company, build a rapport with them and retain them in the company. Recently, the Labour Department shared the news that unemployment has reached an 18- year low 3.8 percent. According to estimates, unemployment rate among people with a bachelor’s degree in computer and math science occupations was only 2 percent. Though this is good news for Americans on the whole, it is challenging for businesses trying to hire workers. It has also become very important for companies to be thoughtful when attracting new talents and also retain existing employees. The US Bureau of Labor Statistics figures show that around 3 million Americans quit their job every single month. There are many reasons why people leave their jobs and it is important for employers to identify employees’ needs and take appropriate action to retain their employees.eHire, a technology recruiting and management consulting firm, recently sponsored the 2018 Workforce Pulse Survey to find out what the present day workforce considered most important. They found that most workers are not committed to their current employer – 3 out of 4 said they were open to considering new positions. Almost all employers are facing the risk of losing the top talent in their workforce and must soon wake up to their particular needs. Once they understand what the workforce values, they can optimize on that information during the hiring process to attract top talent.  Be creative: Saying that you have free snacks or a ping pong table in the office that is open during break hours was considered cool earlier. But today that is not enough, so thinking outside the box is essential. So, first find out whether the employees are taking advantage of these programs. You can provide freebies like paying college loans, if you are hiring a number of recent grads.  Bring your values to life: The values of a business are displayed on the company website and are shared now and then among the team. However, an employer that sets a model by living by those values will surely impress and attract the top talent. www.legaltranscriptionservice.com918-221-7810

3.  Explain the role’s significance: Employees want to know what they are expected to do and how much of an impact they can make. This helps them to be efficient and makes the organization more productive.  Be people-focused: A people-focused organization is always appealing to the workers. Happy employees will promote the company everywhere they go. Companies that invest internally to meet employee needs will surely benefit because employees are a business’ brand. In fact, 37% of small business CEOs who participated in a survey by inc.com said that developing their existing workforce was a top strategy for winning the talent war. When employers invest in employee wellbeing and training, it will boost their productivity, improve their skills and help retain them.  Provide flexibility: Earlier, employees had fixed working hours and they simply wanted to reduce working hours from 80 to 60 hours. But today, work life balance is important and long commute time and overscheduled personal lives demand flexible work hours. Although flexible work environments such as remote work or a condensed work week are a concern for productivity, you can plan strategically so that there is no loss of performance.  Offer competitive wages: Use this strategy not only when hiring workers, but also for retaining existing talent. This will make the employee feel valued and rewarded.  Ensure a good working relationship: Many workers leave their jobs due to poor working relationships with their senior officers and managers. This calls for proper training and guidance for managers on communication, performance management, workplace policies, and employee engagement. Business managers must have the necessary skills to be effective and positive leaders.  Inform employees how they can advance in their respective careers within your organization. This is a very important thing to note because having a clear idea about their prospects will help keep employees within your organization. Companies should keep evaluating the needs of the employees and adjust their offerings in new ways to win in recruiting. As interview transcription providers to many reputable employers, we know that it is hard to attract and maintain top talent in an organization. Apart from the salary they get, employees are also concerned about the role they can play and the contribution they can make to the organization. So, employers should ensure that their organization’s mission is clear and has a genuine, emotional connection with their employees. www.legaltranscriptionservice.com918-221-7810