This blog is the fourth in a series of six to help you manage your talent.
Employees today desire a work culture that aligns with their values. Firms that operate on high trust, high ethical standards, open and honest communication, and provide an optimal work-life balance environment can and will retain the incredible talent they worked so hard to acquire.
Benefits, such as health and life insurance, retirement matching, wellness program, PTO and sick leave, and even sabbaticals for tenured employees, also aid in building a strong firm culture. Salaries and bonuses are tangible benefits and should be evaluated annually to ensure they are competitive with other professional service firms.
Additionally, hybrid work models are becoming the norm due to younger workers growing up in remote work environments, the internet, and the pandemic. Since accounting and law firms are already metrics-driven, they have accountability measures to gauge employee effectiveness. Attract new talent and retain your existing staff with flexible working models.
Cultivate a culture where people can have fun and connect. Ideas include virtual game nights, happy hours, awards, rewards, and recognition for a job well done.
Read Part 5: Retain Your Talent.
Posted in Firm Intelligence,Micron Systems