Go in Informed: Take Time to Understand the Current Situation
Did you know 97% of surveyed businesses reported hiring and retention efforts are eating into their bottom line? It pays to know what you’re up against, even in the world of HR. By taking time to review the issues surrounding hiring and retention, how those issues impact your hiring pool — and the overarching effects it could have on your company — you can adjust and be better prepared. Industry news sources, traditional news outlets and conversations with others in your field can all provide useful insight.      

Assess and Address Issues That Could Lead Team Members to Leave
Regular communication (not just reviews) with employees can help you identify concerns, evaluate your working environment, gauge satisfaction and pivot where need be. How do team members truly feel? What could you, the employer, improve upon? What sorts of benefits would they like to see? Do they have further comments or suggestions? Once you’ve gathered the information, act on it where possible. Certain scenarios, such as a team member falling ill or moving away, are unavoidable. In other instances, however, such efforts often have sway over whether an individual stays around.

Find Ways to Foster Ongoing Employee Growth
The saying goes that you should work smarter, not harder. And one of the best ways to do just that is to encourage on-the-job training that helps your employees grow professionally. Such efforts can keep their job new and interesting, while creating capable, confident team members. On top of all that, a content employee who feels appreciated and challenged is more likely to stay at their current company.