How to Retain Top Talent to Farming and Agribusiness
Apple’s founder, Steve Jobs said that a small company depends on great people much more than a big company does. And this is certainly true for farming and agribusiness.
When it comes to retaining the best employees in your farm or agribusiness, a great workplace culture and career development opportunities are vital.
Retaining the top talent in a business is a bit like a marriage – just because someone said “I do” doesn’t mean you can rest on your laurels. When a business is getting more out of the working relationship than the employee, it’s time to review things.
So how can agribusinesses keep that balance?
Trust your instincts and empower your staff to take ownership and responsibility for certain parts of the business. They may do it better than you and you might learn something new.
A study reported by Forbes found that 31% of employees looking for work were doing so because they did not feel empowered in their current job.
Another 43% were looking because of a lack of recognition.
The Harvard Business Review recommends that employers look at revenue-sharing.
By tying part of your employees’ wages to your business performance, you will ensure they feel empowered to be active in their decision-making and will go that extra mile to make sure the farm or agribusiness is working well.
Attendance at national and international conferences
There are a myriad of conferences both nationally and internationally in every industry. Researching the most relevant ones to your business and sending staff to attend and report back is a great way to empower employees. It will also keep your farming and agribusiness up to date with what’s happening in the industry.
Training and courses
Top workers are usually driven and looking for constant development. Offering extra training and courses to develop their career is a way to keep employees happy. It will also benefit the business as they will undoubtedly gain knowledge that will enhance the way the business is run.
Cover study costs
Offering to cover the costs of relevant study that an employee is undertaking can be a big draw card. People are often finishing degrees, or starting degrees – and to feel supported in that endeavour helps with workplace culture.
To find out more about the trends in the agribusiness sector in Australia, including remuneration, download our free eBook, “The 2015 Salary and Trend Report”.