As an HR professional with shift-based workers, one of the biggest challenges you may face is staff attrition.
High attrition rates can be a significant burden on a company, leading to decreased productivity, increased costs, and even harm to the company's reputation.
Here are 5 areas to explore to minimise the impact of attrition on your business success:
Pay and benefits
One of the most important factors which influences employee retention is pay and benefits. A fair compensation package which aligns with market rates and reflects the employee's skills and experience is crucial. Offering benefits like healthcare, life insurance, and retirement plans also help. Conducting regular salary reviews and benchmarking against industry standards can help identify gaps and allow companies to offer a competitive package.
Shift times and work location
Shift-based workers often have to work at odd hours, which can be inconvenient for many. One way to reduce attrition is to offer flexible schedules, such as allowing employees to choose their shift timings. This can help improve work-life balance and reduce the stress associated with shift work.
Commuting
Another factor which can lead to attrition is the distance between the workplace and the employee's home. Getting to your worksite, especially if it's not well served by public transport, can be time consuming, expensive, and environmentally unfriendly. Providing transportation services or reimbursement can be a great way to reduce the burden of commuting on employees, increasing retention, reducing absenteeism, and boosting and expanding your recruitment opportunities.
Working environment and engagement
Creating a positive work environment and engaging employees can be essential to reducing attrition. Employees who feel valued and engaged are less likely to leave their jobs. Employers can encourage employee engagement by fostering an inclusive culture, providing opportunities for professional development, and recognising employees' contributions.
Career Progression and Training
Finally, providing career progression and training opportunities is crucial for retaining employees. Employees are more likely to leave a job if they feel that there is no room for growth or if they do not receive proper training. Offering regular training sessions, mentoring programs, and opportunities for career advancement can help improve employee retention.
Meeting and exceeding employee expectations in any of these areas can go a long way to reducing the costs of attrition.
At RideTandem, our workplace shuttles have helped hundreds of employers and staffing agencies attract and retain more great talent by providing a cost-effective, reliable transport solution.
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