Choosing the right hire is a key component to developing a solid workforce, and keeping that desired hire after training is another.
Work environments and expectations have drastically changed. More and more companies are offering a more liberal work schedule, the office atmosphere is geared toward the creative, energetic and playful, and work ethics and loyalties have shifted with the new workforce generation.
Why should a company care about retention?
There are a number of reasons, including reputation for a stable and loyal workforce, minimizing disruption in the work process, avoiding decreased productivity, and of course reducing overall profit loss.
While many studies state employee turnover can be as costly as six to nine months the average salary, to nearly two times the employee’s annual salary, it still is a real cost not only to the bottom line but to employee morale.
How to combat employee turnover?
Employee turnover happens to every employer, at least once. On occasion, an employee leaving the company is actually for the betterment of the business, but many times the opposite holds true. Thrill of the Hunt compiled several ideas to keep your employees engaged and educated.
Building loyalty and pride are two very powerful attributes behind retention. Work obviously comes first, but what if the work day, or a simple lunch hour, is disrupted with a fun and interactive activity such as a scavenger hunt? Yes a scavenger hunt can be completed strictly online, in an office environment, or both. A scavenger hunt can cover a span of a week, a month or even a year, or just a couple of hours. An organized disruption may be the simple solution to recharge your employees.
Scavenger hunts are the perfect vehicle to standard training programs, and the most effective. Instead of offering the typical training class, offer a scavenger hunt style training program. This form of training peeks the employees interest in the company, it makes learning fun, and establishes an environment for creativity, all from the start.
Everyone likes to feel appreciated and not a cog in a wheel. If your company wants an excuse to give your employees an outing or “fun time”, reward them with a scavenger hunt. Set the goals and objectives in advance and have them clearly outlined. The key is to give your employees the tools and resources to accomplish said goals, to encourage team spirit from the top down. To build excitement and create momentum, promote the scavenger hunt in advance. Give little teasers periodically throughout the timeline of the goal. Perhaps make the teasers as part of the actual scavenger hunt for bonus points.
Referrals & New Recruits
When an employee loves their job, they naturally want to tell their friends and family. Referrals are sometimes the most stable and dedicated workforce. A little unconventional idea to gain more employee referrals is to host a company scavenger hunt and allow your employees to bring friends and family members, perhaps with specific job skills and experience, to join the scavenger hunt!
If done correctly, this type of scavenger hunt could be used as an initial interview. A scavenger hunt shows if a person is compatible with the workforce culture and personalities. It can show their personality, sense of humor and ability to work independently and as part of a team. Depending on the information contained in the custom scavenger hunt, it could show skill levels and ability to problem solve. The employees will have fun working alongside their friends and family, and will show a deeper company loyalty.
Just because your workforce isn’t under the same roof, or even in the same time zone, doesn’t mean they couldn’t partake in a team building scavenger hunt. If your workforce is made up of remote workers, or mostly remote, create an online scavenger hunt using the company website, social media or event direct mail clues and challenges. This will allow your co-workers to get to know each other in a none stressful working manner. You’ll also be surprised the creative ideas that can be stemmed from such a scavenger hunt.
Again the goal of these types of scavenger hunts are to keep your employees engaged, showing their importance to the company and that they’re appreciated. Turn your employees into a true team member, no matter the department, distance or any other boundaries that divide them. More importantly, it’s about the work environment and the team than a scavenger hunt. However, offering a simple team building scavenger hunt does speak volumes with respect to the employees, their training, and their company loyalty.
The TLNT – Talent Management and HR outlined 9 Employee Retention Statistics that may surprise you. Here’s a quick view of the compiled list.
- 73% of organizations revamp their onboarding to improve their employee retention
- 1/3 of new hires quit their job after about 6 months
- Referred employees have a 45% retention rate after 2 years
- Nearly 4 out of 5 (78%) of business leaders rank employee retention as important or urgent
- Remote workers are 50% less likely to quit
- 1/3 (33%) of employees knew whether they would stay with their company long-term after their first week
- 35% of employees will start looking for a job if they don’t receive a pay raise in the next 12 months
- 1/3 (33%) of leaders at companies with 100 plus employees are currently looking for jobs
- 32% of employers say they expect employees to job-hop
For a complete detailed list, visit the TLNT article 9 Emloyee Retention Statistics That Will Make You Sit Up and Pay Attention.
Remember a small effort toward the well being of an employee or team, goes a long way.
Did you create your very own employee retention scavenger hunt or participate in one? Share your story with us! Game@thrillofhunt.com.
If you’d like to learn more about our suggested themes and ideas, let us know. We’d be happy to discuss and provide you with a free quote.
Thrill of the Hunt exclusively develops and administers to themed scavenger hunts for public and private events such as team building activities, company outings, fundraisers and private parties.
Remember, Everyone needs to … Experience the Game!