According to Herman Aguinis’ research paper titled ‘The best and the rest: revisiting the norm of normality in individual performance’, which involved more than 600,000 researches, entertainers, politicians and athletes, the results found that “high performers are approximately 400% more productive than average ones”.
According to Herman’s findings, the answer is simple right? Your organisation needs to hire the top performers within their field of specialisation. The difficult question is, how do you attract recruit and retain top talent?
In today’s employment market, companies need to differentiate themselves from competitors, as employees are now looking beyond the traditional opportunities on offer.
The modern workplace has increasingly been focusing on ‘flexibility’ and employers have been aiming to become ‘employers of choice’, which is all about creating a work culture that people want to be a part of. Over 80% of Australians consider flexible working arrangements, that allow employees to work outside the standard 9-5pm hours, with the option to work from home as one of the most important considerations for taking a job. This has been accelerated by the COVID-19 pandemic.
Other things to consider are bonuses, well-being programmes, paid parental leave, long-service recognition, and increased holiday allowance.
The new generation of employees see job hopping as the norm, so having perks is vital in attracting and retaining top talent.
The late Steve Jobs of Apple probably summed up talent’s importance the best, with this advice:
“Go after the cream of the cream. A small team of A+ players can run circles around a giant team of B & C players. The more companies that aren’t on their game will find their best people cherry-picked by companies that are”.
Have you found the perfect employee and want him to stay in the land down under? We have an unique ability to sponsor your employee. To know more about an On-hire Labour Agreement, please contact us, book an appointment or reach us at [email protected] or 02 9407 8700 where one of our Australian team members will gladly help you.
