3 1 - Keep Your Company's Top Talent Loyal

Keep Your Company’s Top Talent Loyal

The world around us is changing and we are changing with it, so there are two options for all of us. We either become the ones that change the world, or the ones who let the world change them. We either follow the new normality or create it. When everything around us  is changing it would be paranormal for something to remain the same. Even if it doesn’t reform entirely it will definitely not be the same as it was. In case you haven’t noticed by now business is also part of this change and the things we once considered standard are now outdated.

For many years businesses and companies where the ones affecting the world leading it to transform and people followed. Over the past few years the scene has turned significantly and people are the ones who generate this effect. People today are more qualified, educated and able to achieve amazing things becoming the soul and a valuable asset of any organisation. It seems like people have become more aware of their existence and value their time and life more than ever. They have also become more conscious about the job and the career they want follow. This means that they are more selective and they set specific standards and requirements when it comes to both of these aspects of their lives.

Your employees are the epicentre of every business unit and they are the soul of your company. Feed the soul and it will never let you down. At the moment from the largest corporations in the world to the smallest startups there is an ongoing race for acquiring talent. Companies have understood that by hiring top talent professionals they buy top quality work turning the talent acquisition procedure into the new gold rush. The problem is that companies focus too much on finding talent, they forget to focus on how to keep it loyal. Here are a few tips on how you can keep your company’s top talent loyal.

Know what Loyalty means

The first thing you must do in order to keep your company’s top talent loyal is to truly understand what loyalty means. Loyalty cannot be bought nor can in simply be installed. Loyalty is a procedure that takes time and effort. For an employee to be loyal it means to value, love and respect the company he works for. As humans we only go the extra mile for the things that matter more in our life. Therefore in order to make our people go the extra mile for our company we have to make them value, love and respect it first.

Listen to What They Have to Say

It is not enough for our employees to value and respect our company if we don’t do the same to them. Therefore the next thing you should focus on is to learn to how to value and respect your people. Respecting someone means listening to what they have to say and taking into consideration their opinion. Most companies fail to listen to what their people have to say making them feel unheard. That is a feeling you must seek to eliminate for your company’s top talent in order to keep them satisfied and loyal.

4 - Keep Your Company's Top Talent Loyal

Give them Control

Once we learn how to listen and respect our people it is time to take action. The way to truly make our people feel wanted and useful is by handing out responsibilities. The more you give control to your people they more recognised and obligated to deliver they feel. This can only work in your company’s favour since the initial reason why you hired these people is to produce results.

Offer Competitive Packages

At the end of the day no matter how good you are as an employer, money doesn’t grow on trees. This means that no matter how well you treat your people if you don’t reward them financially you won’t get far. If business is a car engine money is its petrol and that is what keeps it running. Offer competitive and fair compensation to your people and they will give their all for your company. Underpaid top talent can seriously damage your business.

Focusing on people today is the best way to make your business run smoothly and expand. Focusing on keeping your company’s top talent loyal is the best way to make your business thrive.