Do you value your employees? You more than likely do, but fail to show it.
If your company suffers from high amounts of turnover or you are having a hard time getting new employees at the door, then you need to improve your employee value proposition. Doing so will help with employee retention, and make your company a more desirable workplace. You’d be surprised at how things will improve once you make a few small changes.
What Is Employee Value Proposition?
To put it simply, the employee value proposition is the act of determining just how much you value your employees. You need to look at your company through the eyes of prospective employees, as well as through those of workers who have just resigned.
What did you do to fail to keep those employees happy? What are you offering prospective employees that make your company a more attractive option than others? Taking a deep look at how your company in Ireland compares to the competitors will help you determine its value.
Once you see how you need to improve, you can go about doing so.
Change Your Employee Compensation Offerings
What types of benefits are you currently offering your employees? Is there something that you can improve in order to make your company more attractive than its competitors?
For example, you more than likely offer paid time off, as that’s required by Irish law. However, do you only offer the minimum? If so, you might be able to raise the amount of time off that you offer new employees.
Other perks, like health insurance, performance bonuses, and the ability to expense certain costs, such as entertaining potential clients, can help make your company look like the best option.
Improve Your Workplace Culture
The culture of your workplace is an important part of its employee value proposition. What is it like to work for your business? Are you too deadline oriented? Do you push your employees too hard? Are people unable to keep up? All of these are not against Irish labor laws, but they will make life unpleasant for employees. They need to have some time now and then in order to take a quick break without having to worry about falling behind on deadlines.
If you can improve your workplace culture and make it more comfortable, then you won’t have to worry about losing workers.
What Unique Benefits Can You Offer?
Some companies have a number of unique benefits that come about just by working there.
For example, they have break rooms that are stocked with video games and snacks. Some allow employees to work flexible work days, even outside of the office. You need to take a good look at what makes your company different.
If you currently offer a number of these unique benefits, then emphasize them to those prospective employees. However, if you don’t, then you might want to consider adding some. Your current employees will appreciate this as well.
Give Your Workers a Chance to Grow
Do you offer training programs for your workers? If so, what are they? Do you pay for them to attend university degree programs? Do you offer online training? There are many different options available in order to allow your employees to gain new skills.
Employees who are allowed to stagnate and not advance simply get bored. They’ll go elsewhere. You need to give them the chance to improve themselves, learn new skills, and then move up the ladder at your company. This way, they’ll remain happy. It will boost your employee value proposition and make your business a better place to work.
Tracking with HR Software
HR, or human resources, software, can do many different things. One of the most important is that it allows you to track your employees allowed personal and vacation days.
According to Irish labor laws, all full-time workers are entitled to this paid time off.
However, if you track this time the old-fashioned way, complete with paper time sheets or traditional spreadsheets, mistakes can be made. There’s nothing quite like accidentally giving two vital employees the same days off and then having to tell one of them that they need to come into work when they planned to go on vacation. That certainly won’t help with employee morale.
With this HR software, those mistakes won’t be made, since everything will be computerized. Your workers will be able to log in to make their requests, see how much paid time off they still have available, and even check to see if anyone has requested the same days that they have. This transparency goes a long way towards making your employees happy.
