The recruitment industry is notorious for high staff turnover. Statistics range from 43% (Staff Turnover: A Recruitment Industry Crisis) to the average length of service of a new Recruitment Consultant being 8 months! Ironic for an industry that specialises in recruiting the right staff for their clients to make a buck!
So interesting as I reflect on my recruitment career, that I too left my first recruitment role after exactly 8 months. I didn’t leave because it was too hard or I wasn’t succeeding, in fact the opposite was true – I was out billing the existing consultants, thriving in a new corporate career and enjoying my interactions with clients and candidates. I left because of leadership (lack of it) and culture.
I left the industry. I had no other job to go to. I didn’t have a clear idea of what I was going to do. The following year, I was put back on my path to success by two of my mentorsGreg Savage and Ross Clennett. They hired me to assist in the start up of the Adelaide office of Recruitment Solutions and what a refreshing approach! They practiced what they preached; they were only interested in top performance regardless of years of experience or age (I was only 21!). I was treated as an equal member of the team, they believed in me and I delivered what they expected – top performance. The outcome – I loved the culture, was inspired by the leadership and stayed.
Two different examples and two different outcomes based on the same criteria.
9.5 years into leading a recruitment team in Adelaide, I learnt many of my retention lessons the hard way – through making mistakes in the first place. I won’t say its fool proof, but I am confident the recipe worked as the average length of service in my consulting team was 5 years. Some of the key ingredients include:
How can you retain top talent? It’s not about money and perks such as days off for your birthday and free yoga classes – although nice and staff will appreciate it, it isn’t what gets them to stick around long term. Its 2 things – leadership and culture.
Become a better leader, have great systems and an inspiring culture. Only then can you attract the top talent that will stay.
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