One of the many advantages of hiring a remote employee is a significantly lower turnover.
In fact, statistics show that companies that allow remote work have 25% lower employee turnover from those that don’t.
This is very important when you consider that the average cost of replacing an employee is 33% of a worker’s annual salary.
Hiring someone new also has many stages – selecting, interviewing, training, integrating the new employee in the team, and waiting for them to reach their full productivity.
It is clearly an expensive and exhausting process, so it is very important to keep those figures low.
Here are 5 tips that can help reduce the turnover of remote employees.
1. Hire the Right People to Reduce Remote Employee Turnover
Retention starts with hiring the right people.
Let’s imagine that you need a new employee.
You select potential candidates, go through interviews, and hire someone who has a great resume and tons of experience.
And yet, after a couple of months, they suddenly leave your company for no apparent reason. Or, you realize that they are not the right fit with your team and you are already considering finding someone else.
Unfortunately, this is not unusual and it happens for many different reasons.
When hiring remote workers, don’t just focus on their professional background. Ask yourself the following questions:
- Would this person be a good fit with the rest of my team?
- Does this person have the necessary organizational skills to work remotely?
- Have I clearly communicated my expectations?
If you consider these aspects, you will have a higher chance of hiring the right person and this will save you time and money.
2. Create Opportunities for Development
No one wants to stay in the same position forever.
If your employees feel like they will never get a chance to learn or progress their careers, they will probably look for opportunities elsewhere.
This is especially important for employees who are passionate about their career path – and those are usually the most valuable workers in your team.
That’s why you need to offer opportunities for development and growth.
This will not only motivate your employees and improve retention, but it will also give your workers additional skills that will benefit your business.
Create opportunities for your workers to mentor others and hold training sessions – this will help build a learning culture and improve communication and teamwork.
Don’t forget to also recognize your employees’ good work and let them know that they make a big difference for your company.
3. Ensure a Quality Onboarding Experience
Onboarding is very important if you want to keep your new employees satisfied. Statistics show that companies that have a standard onboarding process have 50% greater new hire retention.
Additionally, onboarding not only improves retention; it improves productivity too.
The sooner your employee feels like a vital part of the company, the sooner they will reach their full potential and bring in more revenue for your business.
Maintaining a good onboarding process is crucial for retention, so regularly collect feedback from your employees and make improvements.
Here are some additional tips on how to ensure a great onboarding experience for your remote workers.
4. Use the Right Tools for Remote Employees
Effective teams are based on good communication, even if your employees are working from different time zones. That’s why using the right tools is one of the most important aspects of managing a remote team.
Read this article to find out more about the best tools you can use to manage your remote employees.
5. Build a Team to Reduce Remote Employee Turnover
Remote work has its challenges, and one of them is that workers can feel isolated and lonely.
Newly remote workers sometimes miss social interactions that they had at their previous workplaces and they have difficulties forming relationships with their remote colleagues.
In fact, a study from 2019 show that 70% of employees working remotely feel left out of their workplace.
And if they feel like they don’t really belong in your team, they will be more likely to look for another job.
This is why building a good team and facilitating collaboration can significantly reduce your turnover.
There are several ways in which you can do this:
- During the onboarding process, introduce your new worker with their teammates and implement a buddy system.
- Frequently schedule face-to-face meetings, cultivate team communication through different tools and show your workers that you are interested in hearing their ideas.
- Implement virtual group training – this can help reduce loneliness and motivate active engagement and collaboration. It will also give your remote workers an opportunity to ask questions.
These are our five tips that can help you reduce remote employee turnover.
However, every business is different, so try to think about your experiences and the main reasons your employees have left your company in the past. Once you have a clear idea of your company’s issues, you can start solving them.
Also, do you want an additional tip that can significantly reduce your turnover?
Hire more remote workers. If you are looking for a new employee, you can find an excellent remote worker right here on JobRack. We have thousands of high-quality remote workers who are ready to make a change for your business – find out more here.