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5 Ways to Attract and Retain Top Talent

5 Ways to Attract and Retain Top Talent

As a startup CEO, attracting and retaining top talent can be one of the biggest struggles that you face. If your business is brand new, you may wonder what you can offer in order to get and keep the very best talent in your field. Here are a few ways to set yourself apart from other companies in the market for those great employees.

Expect to recruit the best employees

Once you’re the best and the brightest, you can expect great employees to come to you. When you’re still brand new, you will need to reach out to the places your ideal employee hangs out, and you will need to sell them on your company. For example, if you know you want to find a content writer or marketer who believes in Seth Godin’s approaches to marketing and thought leadership, you would want to frequent both Godin’s blog directly, and then blogs and communities that discuss his writings. You would talk about your company, your culture, and then start to talk to content writers who engage with you. This way, you know that you’re approaching people who are already on the same page with you in terms of approach.

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When you’re recruiting on the Internet, though, remember that if you’re looking for someone to fill an in the office position, you may be looking at paying moving expenses. Offering that up front is a big deal to many potential employees.

Offer great parental leave policies

Maternal and paternal leave is an active talking point in the modern economic sphere. As more and more research is done on how women are more likely to return to their jobs after longer, more generous parental leave times, and men perform better when they have time to spend with their families and bond with their new babies, it is becoming more and more obvious that companies who want to attract and keep the best people need to offer great parental leave. Studies show that paid maternity leave also helps business growth.

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And remember that parental leave at the very best companies is offered to families who are created through all methods, from birth to adoption to assuming custody of relatives or children.

Engage and empower employees

The very best employees are the ones who challenge your company to do better and motivation plays a significant role. They bring in fresh ideas and new concepts, and aren’t satisfied with the status quo. Their ability to look at problems and come up with brand new solutions are a big part of why you’re trying to recruit them, instead of opting for the person who is just going to come to work and check things off their list until it’s time to go home.

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But the challenge of hiring the best and brightest is that you need to give them room to experiment, to try out different options for success, and even to fail. If you hiring an idea person because you need to revolutionize their department, but you then chain them down with endless reporting, busy work, and a refusal to try something new, you’re not going to be able to keep them. If you need someone who’s all about checking off the to do list – and sometimes, that really is the person you need, and that’s okay – than hire that person, and be clear about your needs.

Broadcast your culture as an employee benefit

For many of the youngest workers, employee culture is a huge part of how they choose where they work. Every employee has individual needs and wants for their workspace, and a big part of retaining employees is being honest about your employee culture up front. You may find that an otherwise awesome person doesn’t get along with the culture of your business, and there may not be much you can do about that. Some elements are flexible, while others are not. But by weeding out the people whose culture doesn’t align with yours during interviewing, you reduce the time and money that you spend on recruitment and training.

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Pay for relocation expenses

If an employee moves more than 50 miles to continue to work in the same field, their moving expenses are generally tax deductible. Make sure they know this – but also go a step above and beyond and offer to cover moving expenses for employees who are relocating to join your company, or to go to a different branch of the company.

What have you done to attract and keep top talent?

Featured photo credit: Cabinet Office via flickr.com

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Margarita Hakobyan

MBA from the University of Utah

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Last Updated on March 23, 2021

Manage Your Energy so You Can Manage Your Time

Manage Your Energy so You Can Manage Your Time

One of the greatest ironies of this age is that while various gadgets like smartphones and netbooks allow you to multitask, it seems that you never manage to get things done. You are caught in the busyness trap. There’s just too much work to do in one day that sometimes you end up exhausted with half-finished tasks.

The problem lies in how to keep our energy level high to ensure that you finish at least one of your most important tasks for the day. There’s just not enough hours in a day and it’s not possible to be productive the whole time.

You need more than time management. You need energy management

1. Dispel the idea that you need to be a “morning person” to be productive

How many times have you heard (or read) this advice – wake up early so that you can do all the tasks at hand. There’s nothing wrong with that advice. It’s actually reeks of good common sense – start early, finish early. The thing is that technique alone won’t work with everyone. Especially not with people who are not morning larks.

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I should know because I was once deluded with the idea that I will be more productive if I get out of bed by 6 a.m. Like most of you Lifehackers, I’m always on the lookout for productivity hacks because I have a lot of things in my plate. I’m working full time as an editor for a news agency, while at the same time tending to my side business as a content marketing strategist. I’m also a travel blogger and oh yeah, I forgot, I also have a life.

I read a lot of productivity books and blogs looking for ways to make the most of my 24 hours. Most stories on productivity stress waking up early. So I did – and I was a major failure in that department – both in waking up early and finishing early.

2. Determine your “peak hours”

Energy management begins with looking for your most productive hours in a day. Getting attuned to your body clock won’t happen instantly but there’s a way around it.

Monitor your working habits for one week and list down the time when you managed to do the most work. Take note also of what you feel during those hours – do you feel energized or lethargic? Monitor this and you will find a pattern later on.

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My experiment with being a morning lark proved that ignoring my body clock and just doing it by disciplining myself to wake up before 8 a.m. will push me to be more productive. I thought that by writing blog posts and other reports in the morning that I would be finished by noon and use my lunch break for a quick gym session. That never happened. I was sleepy, distracted and couldn’t write jack before 10 a.m.

In fact that was one experiment that I shouldn’t have tried because I should know better. After all, I’ve been writing for a living for the last 15 years, and I have observed time and again that I write more –and better – in the afternoon and in evenings after supper. I’m a night owl. I might as well, accept it and work around it.

Just recently, I was so fired up by a certain idea that – even if I’m back home tired from work – I took out my netbook, wrote and published a 600-word blog post by 11 p.m. This is a bit extreme and one of my rare outbursts of energy, but it works for me.

3. Block those high-energy hours

Once you have a sense of that high-energy time, you can then mold your schedule so that your other less important tasks will be scheduled either before or after this designated productive time.

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Block them out in your calendar and use the high-energy hours for your high priority tasks – especially those that require more of your mental energy and focus. You also need to use these hours to any task that will bring you closer to you life’s goal.

If you are a morning person, you might want to schedule most business meetings before lunch time as it’s important to keep your mind sharp and focused. But nothing is set in stone. Sometimes you have to sacrifice those productive hours to attend to other personal stuff – like if you or your family members are sick or if you have to attend your son’s graduation.

That said, just remember to keep those productive times on your calendar. You may allow for some exemptions but stick to that schedule as much as possible.

There’s no right or wrong way of using this energy management technique because everything depends on your own personal circumstances. What you need to remember is that you have to accept what works for you – and not what other productivity gurus say you should do.

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Understanding your own body clock is the key to time management. Without it, you end up exhausted chasing a never-ending cycle of tasks and frustrations.

Featured photo credit: Collin Hardy via unsplash.com

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