How can companies retain elevator professionals - Solutions - Huaqiang Electronic Network

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Currently, there is no university in China that offers a dedicated elevator program or provides higher education for elevator professionals. This has led to a significant shortage of skilled workers in the industry. As a result, companies often face high costs when recruiting talent—both direct expenses and opportunity costs. Losing key employees can be a major setback for any organization.

To address this challenge, companies should look into successful practices from various industries and tailor strategies that fit their specific needs. Here are some effective methods used by many elevator companies to attract and retain talent:

1. Use Strong Leaders to Attract Talent: The reputation of a company and its leadership play a crucial role in attracting skilled individuals. If a department manager is ineffective or lacks vision, it can lead to low morale among staff. Therefore, hiring and promoting capable managers is essential for retaining top talent.
2. Offer Challenging Opportunities: While salary is important, many professionals also seek meaningful work that allows them to grow and contribute. Companies should provide stimulating tasks and opportunities for development to keep employees engaged and motivated.
3. Flexible Working Hours: Work-life balance is a top priority for many employees. Offering flexible schedules helps reduce stress and improve job satisfaction. Some companies even allow employees to choose their working hours, leading to increased productivity and loyalty.
4. Create a Fair Competition Environment: A transparent and merit-based system encourages talent to stay. Companies should avoid favoritism and ensure that all employees have equal opportunities to succeed based on performance and contribution.
5. Invest in Training and Development: Employees value opportunities for growth. By offering training programs and career advancement paths, companies show they care about their people’s future, which strengthens loyalty and long-term commitment.
6. Align Company Goals with Employee Roles: When employees understand how their work contributes to the company's success, they feel more valued and motivated. Clear communication of strategic goals helps build a sense of purpose and belonging.
7. Recognize and Reward Performance: Public recognition and appreciation can be more motivating than monetary rewards. Simple gestures like praise or acknowledgment can significantly boost morale and strengthen the relationship between leaders and employees.
8. Implement Competitive Compensation and Benefits: To attract and retain top talent, salaries and benefits must be competitive. Companies should offer market-aligned pay and consider additional incentives like stock options or profit-sharing to align employee interests with company success.

Retaining talent starts with understanding individual needs and creating an environment where people feel valued and supported. By focusing on humanized management and building strong relationships, companies can reduce turnover and enhance their overall competitiveness. What kind of talent do you need? Identify their needs and offer them the value they seek, and you’ll find the right people for your business.