Improving your retention rate
Strategies or initiatives you may wish to consider to improve your retention of valued employees could include:
flexible work arrangements such as working off site, varied hours and salary sacrifice for additional leave;
practices that support employees to balance work and caring responsibilities, such as additional parental leave, support for carers and employees who become seriously ill including extended unpaid leave;
support for employees to pursue personal and professional development or study;
providing a forum for staff to contribute new ideas and develop innovation in the workplace;
providing high quality performance development, leadership opportunities, coaching and mentoring;
employee assistance, workplace diversity, wellness and health programs;
support for employees participating in local community and volunteering activities; and
celebrations and recognition of organisational and personal achievements.
Use the Retain and support checklist to highlight the actions you may need to take to help you to retain and support employees in your own workplace.
Business.gov.au is an online Government resource that provides useful information to attract and retain high quality employees through investing in skills and training.