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How Can An Organization Lessen The Risk Of Attrition?

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Attrition in the organization is referred to by Human Resources as the gradual loss of employees over time. In general, relatively high attrition may cause problems for companies and organizations. Attrition is manifested and reflected when employees voluntarily resign from their jobs.

There are several reasons why this may occur: employees move to other opportunities or some would already retire, they realize that they are not suitable for the role they were hired to fill, or sometimes they look for employment opportunities that offer a more equitable work-life balance. Other employees may feel that they are being restricted and that they lack the experience of freedom required for them to perform at expected levels.

Attrition is also experienced when it is used by organizations as a restructuring strategy. This does not mean that they are downsizing the company but this means that when someone leaves the company, the vacancy will not be filled anymore and most likely will be removed from the structure. This may create positions that will help the remaining employees manage their career mobility and experience the chance of being promoted. This may create a positive outlook for the employees given that several options exist.

However, when attrition occurs, the remaining duties and job responsibilities can burden employees and managers with additional duties with no increase in compensation. This can create a heavy working environment for the remaining employees since they will be taking on responsibilities without even having training. When this happens, this may lead to negative performance that could also lead to more employees leaving the organization.

In addition, the causes of employee attrition can be as varied as employees having different outlooks and perspectives. The only time exposed to function does one employee realize that he might not be fit for the job. Other employees would leave an employer for higher pay than they were offered or for career advancement reasons. But most of the time, employees seek other employees because they are dissatisfied with their immediate manager.

This may be the most common reason why employees leave organizations – they do not have a pleasant working relationship with their immediate manager. And organizations should be able to look into these occurrences.

Poor management techniques will result in employee attrition. Managers and supervisors who believe that giving employees a difficult time as motivation can prompt and provoke employees to seek other available opportunities. This reinforces a negative working environment that would also eventually lead to negative and poor performance. When managers come down excessively on their employees, chances are, this employee will lose motivation to perform at a higher level and will eventually exhibit a fear of taking a risk and approaching the manager.

Organizations should be able to address this concern and should be able to select managers and supervisors who are capable enough to create a positive working environment and motivating the employees to achieve more without compromising the employee’s drive to function. Organizations can also invest in training the managers to have coaching sessions that will assist them to adjust their management styles to become more approachable, friendlier, and personable.

Organizations can also lessen the risk of employees leaving the company by means of providing the employee’s security. Employees who feel that they are not compensated enough for the work they are doing may lead to them losing motivation. This may also prompt them to compare compensation and pay with their peers outside of the organization. When they become doubtful of their position in the company, they will eventually feel the need to transfer to an employer that can provide more. Organizations can invest in giving a competitive compensation package to its employees to boost their drive and morale. Several insurance schemes and HMOs can make employees decide to stay with the organization.

Companies can also invest in their employees by providing internal and external training and certifications that will help the employees gain value and manage their achievements. Employees should receive the liberty to attend events and symposiums relating to their field so they can also gain additional knowledge that will help them create a benchmark of whatever is the current situation. Through this, employees will be able to manage their learning and development. Organizations should also recognize their employees and the work that they are dedicating to the company. In this way, employees will feel motivated and will boost their morale and dedication to their jobs.

Communication can also lessen the risk of attrition. Employees feel the need to communicate for numerous reasons. Employees want to feel that they are being talked to, not talked at. Communication can help the employees receive an idea of what is happening in the company, what the future of the company would be, and where the employees stand in the company as well. Effective communication is the key to creating a valuable and positive working environment. Managers and supervisors should be able to reach out to the employees and acknowledge the work they have done, applauding their accomplishments, and helping the employees overcome problems and providing the support that they need to become better employees. A unified workplace can lead to an effective environment where employees are motivated and are achieving positive results.

Recruitment practitioners should be well aware of this occurrence. In the preliminary stages of the recruitment process, before hiring one candidate, recruiters should be able to inform the candidate about the job description and the expectations of the role. This can help weed out candidates who are incompetent and incapable and can ensure that qualified people are accepted. Recruiters should also be able to assess a candidate’s work background, whether he has been a desirable employee working for his past employers. Another way to eliminate the risk of attrition in the recruitment process is to be asking the candidate for references. Through this, the recruiter can easily evaluate the candidate’s profile through the words of the people that know the candidate better.

Harper and Hill Executive Search Inc are partnered with companies that have a strong foundation and can provide its employees with competitive compensation packages. Clients that have valuable work ethics and is capable of communicating with its employees. We also value the aspirations of our candidates and will direct them to companies that can fuel those aspirations. Harper and Hill Executive Search understand that attrition is inevitable but we make it a point that it becomes manageable. It may be unpredictable but we can create solutions that are attainable. It may be uncontrollable but we can make eliminating the risk achievable.

 

The Author :

Angelo is the Managing Director of Harper & Hill Executive Search Inc, specializing in Senior Management positions in executive search in Asia. He managed a full spectrum of senior-level placements and worked with multinational clients in Asia, Africa and Europe. He travels across Asia pacific region for his assignments. 

Feel free to connect with him or follow him on LinkedIn. Angelo Cenon Valdez

You can contact our Executive Search Team

Marketing Communication

Harper & Hill Marketing and Communications Team

Contact Us: recruitment@harperandhill.com

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Types of Recruiters You Will Meet

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Recruitment has become one of the most rewarding careers in the world of work and labor. Despite the stress and fatigue that also comes with the job, seeing the end results becoming positive gives a certain satisfaction to the people who chose this career path. Recruiters can be unanimous when we say that the end-goal of the process is to be able to hire talents and finally create placements to the open opportunities. This goal, however, will involve several different techniques and strategies that each recruiter is comfortable in using. The purpose of this article is to create different representations and fun descriptions of who recruiters are and negate what they are as recruiters. When talking about what they are, this would mean their specializations being: Contingency Recruiters, Retained Recruiters, Outplacement Recruiters, Staffing Recruiters, and Consulting Recruiters. Who they are as recruiters – meaning – their personalities, traits, styles, and also their quirks. Also, the focus of this will be recruiters who are working for Executive Search companies since it is in this organization that we can observe diverse and dynamic recruiters.

  1. THE NEOPHYTE

    This type of recruiter is someone new to the recruitment world. The Recruiter is fresh, idealistic, but unaware of what he or she entered when chose the recruitment field. As a starter, The Recruiter has a lot to prove to be able to make a mark in the industry. This recruiter thinks that recruitment is a simple process just by calling candidates, setting up interviews, and submitting profiles. Little does he or she know that there are more processes involved. But despite the lack of knowledge this recruiter has, The Recruiter is motivated, hungry for knowledge, and very eager to learn. The drive this recruiter is equipped with makes him or her a fully-functioning individual and soon becomes an asset to Executive Search companies. Being a neophyte doesn’t mean the recruiter can’t succeed with little experience, it means that he or she is able to start a path that can lead to long-term success. Also, great recruiters were once humble beginners too, right?

  2. THE VETERAN

    When there is the presence of beginners, this means that there is also the presence of tenured recruiters. This is the type recruiter who has become a veteran in the field and industry of recruitment all because The Recruiter has been recruiting for decades already. This recruiter has witnessed the majority of changes in various recruitment platforms and strategies. For this recruiter, with age comes knowledge, this means that he or she is able to fully understand demands from clients and concerns from candidates. The Recruiter has effective recruiting techniques that new recruiters are unaware of but will also need to take time to learn about current recruitment trends and strategies as well. This type of recruiter is someone who other recruiters look up to in an Executive Search firm.

  3. THE OWL

    When everyone is resting from a hard day’s work, this recruiter is still up and alive working at night. A recruiter doesn’t seem to mind the time for as long as he or she is being productive. This recruiter might not be picking up the phone and making calls to candidates but he or she is awake to check on other sourcing channels for fresh talent and quality pool. The Recruiter is also up creating and formulating strategies and techniques to have better results and outcomes. This recruiter will not rest until he or she has the results and will not stop until is satisfied. The attitude that this recruiter has is something that other recruiters want to develop in themselves as well.

  4. THE INVISIBLE MAN

    Rarely will you find this recruiter in his or her desk in the office? The Recruiter is always out of the office to attend to several business-related errands. He or she may be out interviewing a candidate or attending a meeting with the client, or this recruiter might be out creating business opportunities and partnerships for the company. This recruiter’s calendar is already fully-booked and jam-packed. The moment you see The Recruiter in the office, he or she is just in to get a document and directly heads out in a blink of an eye, and you didn’t even get the chance to chat and talk for a while. This type of recruiter might not be always present to know what’s happening in the office or to ask how his or her colleagues are doing, but rest assured, all the efforts and everything The Recruiter is doing will certainly benefit not only him or her but also the recruitment firm and its employees.

  5. THE PREACHER

    This type of recruiter will call out to all the saints in times of hardships and difficulties and in the event of triumphs and victories. The Recruiter is able to function, perform, and deliver through his faith and by not having to compromise everything that he or she believes in. And as professionals, it must be important that we have superior beings, whom we believe in to keep us afloat when the going gets tough. So we can be tough. So we can keep going.

  6. THE PERFECTIONIST

    No, this recruiter does not have a behavioral disorder but this type of recruiter will not get off your back unless he or she has all the details from you. The Recruiter wants to make sure that all the information gets will be able to help you land a job (if you are the candidate) or get the perfect candidate for the job (if you are the client). This recruiter sees to it that The Recruiter did not miss out on anything and that everything is in place – or that the recruitment process is followed accordingly. This recruiter has a good eye for details and that gives him or her the upper hand especially when sourcing for candidates, talking to clients, and setting up partnerships.

  7. THE 007 RECRUITER

    Give this recruiter the job and he or she gets the job done. The Recruiter will go the extra mile and hunt for the perfect profile and will deliberately follow instructions from the clients. This recruiter would appear sharp and presentable, knowing all the details and is capable of probing for more information. This type of recruiter is well-known in the industry and every company wants to hire him or her – because of the achievements and track record. This recruiter is respected and reputable, working hard until he or she does not have the need to introduce himself or herself anymore.

“Recruiters are not machines, they are all wired differently and their internal circuits are made up of different traits and personalities. The information mentioned above is not exact representations of all the recruiters you will meet and this article is not created to judge or ridicule. This is a fun way of realizing that recruiters are different in their own special and quirky ways”

 

We at Harper & Hill Executive Search are made up of different individuals. These individuals are recruiters who are dynamic and diverse, having different beliefs, styles, and techniques. We may be representing different types of recruiters mentioned above but we all have one goal set in mind — that is to be able to assist you in your recruitment needs and to achieve satisfying results. We will help you land a career that will provide growth and sustainability. We will give and provide you the best talents that are available.

Harper & Hill featured image

 

We will continue to be different individually but united towards one direction –

to make our candidates and clients satisfied.

 

The Author :

Harper & Hill Marketing and Communication Team

Contact Us: recruitment@harperandhill.com or Inquiry@harperandhill.com

Contact our Harper and Hill Executive Search Inc team. We specialize in the recruitment of World-class Senior Level Management Executives. Our international network and connectivity enable us to serve our clients and candidates seamlessly across the Asia Pacific Region.

Booming Industries in the Philippines featured Image

What are the Booming Industries in the Philippines?

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The Philippine economy has been overcoming economic fallback both locally and internationally. This occurrence proves that the Philippines’ economy is booming, with growing demand in labor and an increase in compensation. In this regard, the possibility of an influx of potential investment and opportunities for growing markets and industries is not impossible to happen. With healthy and sustainable economic growth, coupled with strong consumer purchasing power, the Philippines is becoming an increasingly attractive prospect for several markets. However, these investments may focus on the industries and sectors that show potential development and growth. These industries can also become a focal point for Executive Search companies to establish a wide array of recruitment opportunities and possible partnerships. Listed are industries that are expected to grow and develop.

  1. CONSTRUCTION INDUSTRY

    This sector is expected to sustain growth and development in the country. Both public and private sector construction activities have shown to be very active. If the industry continues to sustain its growth, forecasts for the infrastructure industry to provide profit will be observed and experienced. However, the growth of this industry works side by side the local government due to having several projects lined up and creating possibilities for various partnerships with different construction companies. On the other hand, the private sector also experiences a boost in the industry being a private company alone.

    Construction Industry featured image
    source: Google Images

  2. AUTOMOTIVE INDUSTRY.

    This industry has not really experienced struggle in the market because of the demand for it although it has shown the potential to grow bigger and provide a sustainable market. If the automotive industry continues to show relatively great development, forecasted growth would also entail an increase in sales and profit for this specific industry. Accompanied by this growth reflects the number of Filipinos who can afford to buy new cars and the developing economy of the country. This growth is also supported by the introduction of new models and motor vehicles by major automotive firms.

  3. MANUFACTURING INDUSTRY.

    Growth is now experienced in the manufacturing sector since it started strongly in its production of chemical products and manufacturing food. It is expected to grow more strongly and exponentially if the demand also increases, which is forecasted to do so. Consumer goods, mainly food manufactures, still contribute highly to this success and growth. Intermediate goods like chemical products and petroleum reflect a rather slow improvement due to the decline in its demand globally. However, this does not affect the industry here in the country where local production still takes place. With this market showing great potential, companies should remain vigilant as there are several risks that can hinder growth and development.

    Manufacturing industry featured image
    source: Google Images

  4. REAL ESTATE INDUSTRY.

    It was presumed to be an exciting development for the property sector as real estate developments as it shifts its focus on catering to specific needs. The only challenge that can hinder growth are factors such as the over-supply of past property investments and developments that have occurred in the market over the past few years. As the demand for workers increases in a specific area, most likely in the central business districts, the demand for shelter and a place to stay also increases which paves the way to the growing sector of real estate and property. Developers have also found a way to devise homes that have lesser amenities which entail it to be more practical and affordable. Forecasts for the growth of this sector are steady and continuous. This also means that development and growth are experienced long-term.

  5. IT AND BUSINESS PROCESS MANAGEMENT INDUSTRY.

    Despite being tackled a few times, this industry is still set to be a growing sector in the country. It remains to be the largest and fastest-growing industry based on revenues alone. The demand for the services that this sector has to offer is not only needed locally but also in the international market as well. Several partnerships and collaborations have been laid to further the growth of the IT-BPM Industry.

  6. BANKING INDUSTRY.

    The Banking Industry has also been forecasted to grow and develop over the coming years. Although it is expected to grow at a steady pace, it has shown great potential with its capability to generate great income and revenue. Also, banks have shown potential for business both locally and abroad. Given that the government has revised certain rules for banking and investing in the country, giving power to international banks to do business in the local region. Through this step, growth can be achieved for this sector.

    Banking industry featured image
    source: Google Images

These sectors have shown potential in growing exponentially and help sustain the economic development of the country. As these industries open new horizons and businesses and opportunities to many people, it is also in the hands of the people to create and develop these sustainable markets to achieve forecasted growth and development.

Harper & Hill Executive Search have studied these industries and have determined several recruitment strategies that will equal positive results. We have devised several ways of forming partnerships in these industries to provide quality talent and highly-functioning workers. Our firm has established a foundation where expected results are delivered regardless of changes in the forecasted development in these industries. This is because our firm is able to build capabilities by sharing best practices, having innovative solutions, and being able to manage partnerships to achieve success.

 

Marketing Communication

Harper & Hill Marketing and Communications Team

Contact Us: recruitment@harperandhill.com

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Hiring Trends in the Emerging Markets in Asia

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We now live our lives circling a modernized and globalized economy. As a result, the competition for acquiring talent has become a global occurrence. Thanks to the rise of modern technology, smaller companies are also able to reach out to farther places and recruit and hire talent from around the world. However, not all people are the same – who we are, what we like, and how we run our business. Since recruitment and hiring have become a global situation, employers have to be smart and wise in regard to recruiting strategies. For now, we turn our attention to emerging markets where these countries will soon become great sources of talent for both large and small companies.

  1. Know the Culture of the Emerging Market

Emerging markets are found globally. And if you are to recruit for one specific market, it is important to know the local culture. It may be possible that your best-used hiring strategy for one market may not be that effective for the other. Thus, necessary adjustments have to be made. It will be really important that the executive search firms and recruiters are able to understand the talent in a given market and how they would really respond to opportunities. Since each market is unique, things to look out for when hiring are interested in mobility, career aspirations, and effective ways of communicating.

     2. Geography and Location

Location plays a key role in hiring for emerging markets. Most job seekers consider the location of the role in regard to their career mobility. From this point, recruiters should be equipped with information and selling skills as to why it would be great to consider the role, regardless of location. Executive search recruiters should be skilled in creating negotiations and adjustments that allow the candidates to consider the opportunity and not letting potential candidates go to waste.

source: Google Images
source: Google Images

  1. Invest in Local Talent

Though hiring for ex-pats has become a common occurrence for big companies, local talent should also be considered for several roles, especially for the top management. Some multinational organizations are no longer following this trend, rather, starting to invest in local talent and developing them in several aspects to becoming great contributions to the company. Although it is important to also set and define career paths and growth opportunities that are available for local talent, so this would be clear to the employees that they can own their mobility.

  1. Competitive Compensation

Given that recruiters are hiring for emerging markets, this means that the potential growth of the company will be experienced also. This growth would entail profit and development thus matching the talents’ expectations with regard to compensation and salary. This is something that the recruiters can offer when recruiting and hiring the right candidates.

  1. Technology Becomes a Part of the Process

Technology has created a significant impact on the hiring process given that it has created convenience between the recruiter and the job seeker. Several preliminary and early interviews are now being set up via call or Skype and then attendance for final interviews is the only time it requires the job seeker personally.

Technology featured image
source: Google Images

Every company is different, so these trends do not necessarily impact the same companies. However, if the recruitment firm desires to dominate the market and the industry, taking these trends into consideration can be a start or pioneering with new trends that can be done as well.

Countries in Asia have the potential to grow and develop exponentially, although some countries have specific industries that provide this growth and development. It would be great to know more about growing markets and understand the emerging industries for specific countries.

VIETNAM.

The Manufacturing Industry plays a big part in Vietnam’s economy as an emerging market. Focused more on textile and clothing and garment manufacturing, this has given the country growth in revenue and sales and the demand grew rapidly as well. This growth also contributes to another sector which is the Import & Export Industry. This industry has been catering to the demands of clothing merchandise not only locally but internationally as well. The Electronics Industry in Vietnam is also seen to catch up with that of the other countries. Vietnam is a prospect for electronics producers since the cost is relatively low but skilled workers are high enough to support the businesses. Although this industry is seen to grow over the years, changes need to be made so Vietnam can be at par with other emerging countries and sustain development in this specific industry.

Electronics Industry featured image
source: Google Images

MALAYSIA.

Similar to Vietnam, the Manufacturing Industry has also been seen as a growing industry in Malaysia. Although there was a minor fallback for this industry in recent years, it has proved to grow and will be able to sustain development for the coming years. Commercial Aviation Industry sales are also forecasted to grow over the future, given that it has been boosted by growing middle class and open skies policy. The tourism sector also contributes to this growth in an effort to attain higher sales and profit. The Agriculture Sector in Malaysia also continues to grow with the economy. Though this sector is largely dependent on the country’s natural resources, this is something that the country is able to sustain. The Biotechnology Sector also makes its mark in Malaysia. It has been noticed that a lot of major biotechnology research centers have set up in the country. This, of course, will benefit local businessmen by creating several partnerships with international companies. Similar to Vietnam, the Electronics Industry is seen to help Malaysia grow as an emerging country. This is due to the increasing demand for electronic devices that are used in everyday living.

INDONESIA.

The food and beverage sector in Indonesia is expected to grow bigger due to its demographic profile, growing population, and rising income levels have presented opportunities in the consumer sector. This is also the result of embracing new cultures and trying out cuisines especially from the Western area. This occurrence stipulates investment and profit to and from local companies and also from foreign companies.

THAILAND.

Thailand is no different from Vietnam and Malaysia in regards to growing sectors. Thailand has also been seen to evolve in the manufacturing industry mainly with its production of light pick-up trucks, hard disk drives, and is also known to have the top spot of manufacturing natural and synthetic rubber.

Although similarities between several industries are noticed within these countries, the points of expertise are different. Thus, providing each market to properly emerge and excel in their respective industries. This also gives them the growth and development they need to be able to sustain a profitable market and industry. Also, these countries are not limited to focus on these sectors mentioned but can focus on other sectors that can provide the growth, development, and sustainability.

PHILIPPINES.

Automotive and Construction Industries are showcasing growth and development in the Philippines. Stability is expected in both sectors also given that the demand for vehicles and infrastructures is rising and increasing. The Real Estate Industry is also expected to grow and flourish in the country along with the demand for shelter and acquisition of properties. It is seen to showcase long-term developments that will be experienced slowly through the coming years. The Banking Sector is also expected to grow and develop although expected to flourish at a steady pace. The IT and Business Process Management Industry, despite a big and flourished sector already, is still expected to grow and create several economic opportunities in the Philippines.

From a recruitment perspective, soon enough, these emerging markets will be able to provide several business opportunities to executive search companies. Harper & Hill Executive Firm will be ready to take on the challenge simply because it does not only support one country but supports several locations across the Asia Pacific. The reach that Harper & Hill Executive Search has created signifies its capacity to provide and deliver what is expected from a recruitment firm. As these emerging markets continue to develop, Harper & Hill Executive Search will continue to create recruitment platforms and activations that will assist and sustain the growth of the clients’ recruitment demands and needs.

 

Marketing Communication

Harper & Hill Marketing and Communications Team

Contact Us: recruitment@harperandhill.com

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