The best strategy to retain talent is a new way to work!

strategy to retain talent is a new way to work

A blog by Rachita Vaidya, Director, Gigart Solutions

“Who is left, is now more important than who has left!” says a CEO of a Specialist Staffing Firm.

Annualized attrition percentage has crossed 20% in many firms. Recruitment teams across industries had a very short Diwali as follow-up calls, last minute hiccups before joining, is now the order of the day. Talent is getting offers at 50% or more, especially in specialized skills. What’s worse is the thought “Who is next?”

You’ll need a detailed grasp of why people leave or stay with organizations in general, as well as strategies for controlling voluntary turnover among your most valuable employees, to effectively manage voluntary turnover in your company.

Conventional ideas of retaining talent include a bonus on the horizon, and offsite, nomination for a leadership program, or perhaps a welcome back party! What about the day-to-day work, and the deadlines, and the clients and the deliverables? That falls squarely on the shoulders of the talent that is left. The significant increase in work pressure can be daunting, and replacements will not come by so soon.

Also, the current pandemic has heavily affected employment habits and they are changing dramatically. We think it is time to explore freelance staffing. One can hire experienced and skilled professionals for short-term needs.

While independent work is a common notion in Western countries, it is still a relatively recent trend in India.

People are now looking for freelance jobs rather than 9-5 office positions, which is causing a paradigm shift in the workplace across all sectors.

Below are some of the important highlighters why you should consider switching to freelance work. 

  1. Liberty of Expression

As a freelancer, you are your boss, which allows you to work without restrictions and follow your creative instincts. It allows you to play around with your thought process and incorporate fresh ideas into your projects. This, in turn, leads to not only professional but also personal development.

  • Long-term and short-term possibilities are available

The benefit of being a freelancer, as opposed to a 9-5 job, is that you can pick when to work and when not to work.

If you simply need to labor for 4-5 hours, short-term assignments can give you adequate compensation for your efforts.

  • Increased levels of flexibility in the workplace

Working on freelancing assignments allows you to be more flexible with your schedule. While you are required to complete a project within a certain amount of time, freelance employment offers the benefit of working from the comfort of your own home at your leisure.

You are not obligated to labor from 9 a.m. to 5 p.m. This also aids in the effective management of one’s personal and professional life.

  • A consistent source of revenue

Freelancers must build a solid client base, or you can connect with some of the freelance service providers online who offer a variety of work postings.

This allows you to build genuine relationships with a variety of clients in your field of work, as well as provide a constant source of revenue and growth.

So what are you waiting for?

Switch to one of the best freelance marketplaces today.

QWIRK is a freelance marketplace to help firms find quality professionals, for short-term tasks and projects, across locations, starting with India – when needed and where needed.  The company has started with a focus on Freelancers in Finance & Accounts domain.  This includes professionals with Accounting, Tax, and Auditing skills.

At QWIRK, we have a team of trained and specialist recruiters and a database of 1000+ professionals across 20 states, who are readily available. 

Contact Us for more.

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