Software Development, Finance and AI

10+ ways to improve Employee Retention

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In this podcast episode, Krish discusses employee retention and the overall employee experience. He shares insights and tips based on his experience in software development and running a startup. The conversation covers various topics such as job descriptions, recruiter reach out, interview processes, communication and feedback, onboarding, promotions and pay raises, time off policies, equipment, happiness check, training, engagement, restructuring, and moving on. Krish emphasizes the importance of treating employees as individuals and creating a positive work environment.

Takeaways

  • Job descriptions should be engaging and reflect the company culture.
  • Recruiters should reach out to candidates in a personalized and clear manner.
  • The interview process should be well-defined and relevant to the role.
  • Regular communication and feedback are crucial for employee satisfaction.
  • Onboarding should be seamless and include necessary resources and support.
  • Treating contractors and consultants with respect and clarity is important.
  • Promotions, pay raises, and titles should be personalized to meet individual preferences.
  • Time off policies should be flexible and considerate of employees' needs.
  • Providing the right equipment and tools for work enhances productivity and satisfaction.
  • Engagement activities should be tailored to the team's preferences and promote a positive work culture.
  • Restructuring should be handled with empathy and transparency.
  • When moving on, employees should give notice and assist with the transition process.

    • Chapters

    00:00 Introduction
    01:42 Job Description
    04:46 Recruiter Reach Out
    08:52 Interview Process
    12:23 Communication and Feedback
    13:21 Onboarding Process
    15:21 Treating Contractors and Consultants
    17:05 Feedback
    18:05 Promotions, Pay Raises, and Titles
    20:24 Time Off
    22:01 Equipment
    25:31 Happiness Check
    27:00 Training
    28:30 Engagement
    30:59 Restructuring
    34:36 Moving On
    35:36 Conclusion
     

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    Software Development, Finance and AIBy Krish Palaniappan and Varun Palaniappan
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