Let star power in your company flourish
A CONVENTION of the representatives of top-notch organisations was held at a star hotel and was attended by employees of numerous companies. Mr. X was one of those high level employees who attended the convention. As he interacted with numerous other representatives and head honchos, they were immediately impressed by his talent, expertise and charm. So impressed were they, that they offered him a job with higher pay and a better position. This is what happens on a regular basis, with star employees working for companies.
Star talent finds great acceptance and opportunity in numerous arenas. They are the representatives and star faces of their respective companies and are the most sought after, by competitors in the market. Star employees are extremely important for the company, in terms of the talent and expertise they possess, the potential growth the company can witness due to their presence, the face value they add to the company's image and the goodwill they generate in the market. Therefore, it is essential to retain your star employees, keeping the competitors' alluring attempts at bay!
Here is how you can recruit these extraordinary talents and keep them working for you:
Recruitment: The initial stage is the recruitment process. It is important to make the process more efficient and effective; in order to do so, you need to concentrate on candidates who have a combination of merit, personality and behavioural tendencies. While it is true that star employees are a result of experience and steady growth graphs, the spark of talent is surely visible right in the initial stages.
Encouragement: Many individuals could possess the talent to make your company shine through. The innate personal drive and passion from within, combined with a conducive external environment, in the form of cooperative staff, employers who grant the maximum freedom required to use one's talent at work and a general encouraging approach can help tap the best in employees. Thus, an encouraging work atmosphere is essential.
Feeling of being wanted: It is important for star employees to feel they are important and needed at their workplace. Star employees need to feel that pull from their company, strong enough to decline any tempting external offers. They would obviously not want to put in all their efforts and utilise their talent for an organisation that does not need them. Talented players in organisations are particularly the ones who travel that extra mile and take up initiatives, chalk out plans and draft out policies. Being an integral part of the organisation, they need to receive vibes that denote their importance to the company.
Potential for growth: Organisations that offer a high potential for growth within the hierarchy of the company are bound to attract talented workers and retain them as well. This is due to the fact that there is always the next step to aim for, and achieve. Also, challenging workplaces and processes not only help an employee learn novel ways of utilising and channelising his talent, but also ward off monotony and boredom. Work that helps exhibit one's latent talents, is what star employees look for in their job.
Compensation: The salaries and compensation of star employees must be on par with, or above the current industry standards in terms of their position in the organisation. Incentives and special tokens of appreciation go a long way in building the loyalty levels of your star employees. Moreover, you must keep in mind what the competitors can offer and balance the same, in order to hold them back.
Recognition: Recognition is the magic potion that gives all of us a high! In the case of star employees, it has more relevance, since their contribution is usually a major chunk, for the company. Noticing, recognising and acknowledging their efforts can make them feel appreciated and continue to work for your company. An award or a special incentive, a token of appreciation or a grateful gesture can go a long way in strengthening the bond.
Smart companions and bonding: It is important to make the star employees feel they belong to an organisation that is worth their talent. Moreover, being branded as star employees amidst the others can create some amount of superiority complex or even insecurity, contrastingly. Therefore, you could induce some amount of employee bonding, in order to create an environment of security. Smart employees not only interact and bond together, but may also be the brains behind some of the top ideas and projects your company could come up with!
Let your star employees know that they are at the right place, at the right time and that your company requires their services. Generous appreciation and compensation will keep those competitors at bay and the star power in your company will always flourish.
PREETI RAGHUANTH
faqs@cnkonline.com
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