Employee Retention Strategies to Retain Top Talent

Employee Retention Strategies to Retain Top Talent

Employees are the real assets of any organization. Identifying, recruiting and retaining the right employees is of paramount importance for the growth and health of an organization. A wrong choice of a candidate can be detrimental. Similarly losing a good employee also has a huge negative impact. Why Retention is Important? Employee retention is crucial as it helps firms to retain talented employees who contribute towards the growth with their knowledge, experience, commitment, and strong work ethics. Losing good employees and hiring new resources increases the costs and adds to the delays, thereby reducing the overall productivity and profitability of an organization. It also allows the competition to leverage the situation in their favor. Let us look into important retention strategies for companies. 1. Recruit Suitable People The best way to retain employees is to ensure that their aspirations are aligned with the company’s business ambition and vision. Seek out people who are highly motivated and show interest in their career growth. Those focused only on salary are a potential threat and should be avoided. Communicate with people before recruiting them to make them clear about your company’s vision and goals, the job profile and your expectations out of them. 2. Have a Reasonable Performance Metrics Employees love growth and recognition. An organization should adopt an objective approach towards performance evaluation so that there is no subjectivity or bias involved in the same. Set clearly defined goals for employees. This would provide them with a sense of direction, motivation and a clear focus. The goals should be  SMART  – Specific, Measurable, Achievable, Realistic and Timely. The performance evaluation process...
Qualities beyond Education that can get you the job!

Qualities beyond Education that can get you the job!

You must have a dream job you wish to do or that one dream company that you wish to work at, but just like you there are various other people may have a dream similar to yours. So, now the question arises how do you set yourself apart from other candidates to be a shining star before the interview panel. You must be wondering that the education qualification of all the candidates would be similar so how can I stand out among the crowd. You do not need to look very far away for the answer as we have got the answer you are looking for. For starters, education is just one of many things that a company is looking for in a suitable candidate. Besides education, there are numerous qualities that one should possess to get the job. So, let’s dive in to see what qualities you can inculcate to get that dream job of yours. 1. Communication Skills  This is no brainer that one of the most basic skills which a company looks for is the ability to communicate effectively. Effective communication not only involves the ability to communicate one’s thoughts, opinions, suggestions, questions, or answers in an appropriate and crystal clear manner but also includes one’s listening skills. 2. Team Player/skills All the achievements of the company are a result of the collective effort by its employees. Hence, it is imperative that one should have the capability to work with a team and generate great results. Being a team player won’t just give you an extra edge over others but will also help you in the long...
Celebrating 15 years of success!

Celebrating 15 years of success!

It makes me so proud as a managing director of Ultimate HR Solutions to announce that we (including myself) have crossed another milestone in the history of our company. On the 23rd of April 2016 we completed 15 years as Ultimate HR Solutions. On this occasion, I would sincerely like to thank all our clients, candidates, employees and shareholders for the support and trust they have placed in our company over the years. Without their contribution we would not have a success story to tell. What began as a small firm with just 3 members has risen up to stand tall amongst the business leads of the time with more than 30 employees in house and over 2700 outsourced with our valued clients. Over the period, our company has had innumerable  achievements and accomplishments, especially last year which proved to be our most profitable year in our history. Without the support of our excellent team it would never have been this successful. Every one of you plays a very important role in the development of our company. It is for your enthusiasm, support and dedication that have brought us to this height. Ultimate  shall ever remain indebted to the contributions of its employees and candidates  who are with us today or have served us in the past. This includes our outsourced employees who are our biggest marketing agents. Over the years, we have had over 10 000 outsourced employees who have been a part of Ultimate at some point and are today our spokespeople. We are also grateful to our clients and candidates who trusted in us to help...
How to engage your workforce?

How to engage your workforce?

I am sure we have all had different experiences with different employers, I know I sure have. One of the best feelings while on duty is the feeling of “engagement” with your work. I don’t mean just showing up, punching in and doing your job, I mean actually feeling like you are a part of the company, and your work matters not only to you, but the company and entire team. Employee engagement isn’t just some “new age” or “millennial” type of corporate jargon… No no no, it is an actual business strategy that any company can implement and benefit from. You may be asking, “Yeah sure sounds great, but what benefit could I possibly get from making my employees actually like their work?” Well, for starters, how about an increase in productivity of your workforce? You see, highly engaged organizations have up to double the rate of success than lower engaged ones. Turns out, when people are happy and like what they do, they work more! In addition, an engaged workforce has less absenteeism, tardiness, lower attrition rates, few safety accidents, and fewer quality complaints. All of this has immediate effects on productivity, quality, and even customer service. Does any of this sound like a reason to get your staff engaged? There are many ways to increase engagement, such as implementing group events outside of the office, inviting customers in to give examples of how your product or service has benefited them, giving your employees great benefits like healthcare and holidays, etc. All of these will in the end have to go for budget approval, pass through HR,...
Life in Dubai

Life in Dubai

As I have said before, there really is no place in the world quite like Dubai. We are the business hub of the Middle East, the cross roads between Europe and the Far East, and one of the busiest ports in the world. With all of this business trading hands, it is easy to see why so much hiring happens in the city. What I want to discuss is not how to land a job (or how NOT to land the job) but just what kind of great city we live in. Dubai is a human melting pot. It may not appear that way as you exit through the airport, but once you hit the ground and explore the city you really can see the diversity. Sure, we do host many residents hailing from Asia (India, Pakistan, and Philippines – in that order) but we also host every Arab country and we have a steadily growing population of Europeans and other Westerners as well. In fact, Dubai currently hosts over 200 different nationalities. That means many different languages, cultures, customs, and chances to learn something new. All of this can be a bit daunting to someone coming from a homogenous background. And if that worries you, then a move into this kind of environment probably isn’t best for you. However, if you do make the move, you will find many outgoing, fun loving and hardworking people who do not mind diversifying their human experience and making new friends. What makes Dubai great is the fact that 85% of the population is from a country other than the UAE and...
If you are the smartest person on your team, you got a problem.

If you are the smartest person on your team, you got a problem.

Everyone knows that one person… that one person who knows everything. Well, at least they think they know everything. This is the guy who knows the best recipes and why you shouldn’t eat high Fructose corn syrup because it causes cancer of the pancreas. The girl who knows the date the Magna Carta was signed and how it affected the European advancement and the Industrial age which spelled the doom for the Far East until recent trade treaties were ratified internationally. Or the Jeopardy genius that knows the batting average of Hank Aaron, as well as the last champions in every sport and Olympic event to date. And even the administrator in your office who knows all the movie stars’ current and ex bae’s and who is bound for divorce because the way the stars were aligned when they met. This is good and fine, unless it is you, and you are a manager of a team. Usually, managers who know everything can’t trust anyone else to perform the work because they are the only ones who can ‘do it right’. When that happens, it can create issues, especially when it comes to delegating and work flow process. What I mean to say is you do not have to know everything to be a competent and productive manager. In fact, I say that often times it is better not to know. Sounds crazy right? My favorite saying is, “If you are the smartest person in the room, you are in the wrong room”. I live by this saying. For one, it means that I should always be in a...