Welcome to the September 2005 edition of the TorontoJobs.ca Employer Newsletter.

Retaining Top Employees by Carrie Rowan

Back by Popular Demand: 100 Free Resumes with each New Posting!

Did You Know?

Update Your Profile Now

We Want to Hear from You!

Retaining Top Employees

In the hunt for the most promising, energetic employees, firms often focus too much of their efforts on the recruitment of new talent and not enough attention the retention of the good employees that they already have on board. This generation of job seekers is amongst the most promising; full of untapped potential, innovative ideas and boundless enthusiasm to impact the organization. However, this group is developing a reputation for being difficult to retain and employers have to review their methods for attracting and keeping the best employees. In a generation filled with fast food and even faster technology, employees are not waiting for opportunities to move their careers forward but are instead aggressively seeking ‘the bigger and better’ career option. This group is transient, always looking for the better offer promising more money, more responsibility and a faster climb to the top.

With turnover becoming more and more of a concern, employers are looking for answers. Once we have recruited and hired, how do we make sure our staff are not resigning a year later for the next best thing?

Be willing to reconsider your management style
Employers need to get creative; the old annual review and ‘in the box’ thinking just isn't cutting it with this new generation of jobseekers. Ask your new hires the right questions to determine what motivates them and what will continue to motivate them as the months fly by. It is imperative that we consider whether our management style is conducive to reaching corporate goals as well as retaining new talent. Consistently ask questions, get feedback and be willing to make motivating your team a top priority.

Offer something your competitors cannot
Each company is different and our retention tactics have to reflect this. Ask yourself how you can maintain an advantage over your competition when they are eager to lure your top talent away with more money and bigger promises. This generation is more interested in quality of life than any other. They are looking for work/life balance and the employer that accommodates this makes it harder for other employers to compete. Incentives such as paid time off, flex hours, occasional long weekends and flexible vacation allowances can really make the difference.

Reward Loyalty
Hiring a new employee is a costly venture, and the time that needs to be dedicated to rehiring and retraining as well as the upheaval these changes create should not be underestimated. Dedicate a loyalty reward for employees that make the decision to stay with your firm rather than moving to the company next door. These rewards can include annual pay increases, increased vacation allowances, bonus payouts or paid time off. Whichever reward you decide to provide, ensure it is hefty enough to counterbalance the endless options that exist in this job market.

Make it fun!
This group wants to enjoy work while they endure the 'nine to five rush'. Commit to creating a fun work environment and adding some creativity to your management duties. If you aren't sure what your employees will enjoy, ask them. Dress down days for charity, monthly potluck lunches, pizza days in the boss's office, beer cart Fridays. The key here is to consider everything and keep things new and refreshing. A happy team is less likely to jump ship at the promise of a small monetary raise.

In this changing and transient work force, smart employers are ensuring that they are prepared to meet the demands of their employees. In order to hold the interest of this young talent pool we need to remain one step ahead. The second we let our guard down is the second another promise is being made by another, proactive company. Never take for granted the loyalty you have earned from your employees and make sure you are proactive in rewarding and appreciating the team you already have. This will allow you to build a team of real superstar employees, as vested in your success as they are in their own.

About Carrie Rowan- CEO, Absolute Recruitment Inc.
Carrie is the Founder and Director, National Business Development for Absolute Recruitment. She has been actively involved in the Human Resources and Recruitment industry for more than ten years.

About Absolute Recruitment
Absolute Recruitment is a recruitment firm specializing in temporary, permanent and contract recruitment for its clients across Canada. For more information, visit us online at www.absoluterecruitment.com

Media Contact
Julie Pickering
416 644 1600 *234
Julie@absoluterecruitment.com

Special Offer: 100 Free Resumes for each New Posting!

If it isn’t broken…

Last month, we introduced our “100 free resumes guarantee!” It was such a hit among our clients, both new and old, that we are bringing it back for another month! Why alter a good thing, right?

Here’s how it works:

• For a limited time, with every new posting on TorontoJobs.ca, you will be able to search our entire resume database for up to 100 resumes, absolutely free! These resumes are in addition to any resumes you receive directly from candidates applying to your posting.
• You get access to our huge database of applicants, and get the opportunity to search in any field to find that one applicant to fit your position!
• If you don’t use all your 100 resumes for this position, keep them for another search that you might be doing in the future. There is no expiry date to use the resumes.

It’s a great idea for companies who are looking to fill a position right away!

If you would like to take advantage of this special offer, post your position directly on our website and pay by credit card, or email sales@torontojobs.ca or call 905-566-JOBS (5627) to make arrangements. This offer is valid only until October 31, 2005.

Other custom packages can be assembled to meet your specific requirements (for example, resume searches, any combination of featured jobs, featured employer, job postings, etc.). To discuss what type of package would work best for you, please contact sales@torontojobs.ca or call 905-566-JOBS (5627).

Did You Know…

…TorontoJobs.ca is continuing to grow!

Take a look at these current statistics about Your Greater Toronto Area Job Bank:

• There are currently over 9,200 resumes in our database!
  
  
• TorontoJobs.ca receives 1.5 million hits each month - a number which has doubled over the past four months!
  
  
• There are 20 000 job seekers registered on TorontoJobs.ca!
  
  
• 500 resumes are posted each month on TorontoJobs.ca, and growing!
  

Update your profile now

With traffic reaching record highs and recent improvements to our online interface, there has never been a better time to be an employer on TorontoJobs.ca!

Now is a great time to update your company profile, and gain some exposure for your company!

Click here to update your company profile.

If you are an Employment Agency, Staffing Firm, or Human Resources company, be sure to keep your listing in our Employment Agency Directory up-to-date.

If you are an employer with a number of available positions, you may want to consider becoming a Featured Employer to get even more exposure for your company and job listings on TorontoJobs.ca. For more information on Featured Job listings and Featured Employer status, please contact sales@torontojobs.ca or call 905-566-JOBS (5627).

We want to hear from you…..

Do you have any comments, questions or suggestions for improvement for TorontoJobs.ca? Would you be interested in contributing an article for a future TorontoJobs.ca newsletter (either for other companies or for job seekers)? We would be happy to hear from you. Please email sales@torontojobs.ca.

Thank you for taking the time to read our Employers Newsletter. If you have any questions or comments about the content of this newsletter, or would like to learn more, please feel free to contact us.

Full Online Version

Newsletter Archives

Subscribe to this newsletter

My Company

Post a Job

Employment Agencies

Advertise with Us

Employer FAQ