Best Ways to Retain the Talent & How to Attract The Right Workers

Having superior talent works: high-performing staff do the best work and the most work. With top workers on your team, your performance is set to go through the roof – at a more rapid pace than you could typically achieve with more mediocre workers given even double the span of time. The more technically complex the job, the more important it is for your company to invest in attracting and retaining the right talent.

When it comes to grabbing the top percentile, it’s an amazingly stiff competition and one that never, ever lets up. For as long as you want your business to succeed, you’ll find yourself stuck in a seemingly endless war for talent. Great talent is scarce, and as much as that fact is true for your business, it’s equally true for other companies.

This is when businesses' productivity trajectories will begin to improve. Ensuring that your company prioritizes learning is another way to provide professional development opportunities that will work to preserve the talent you have.

1. Encourage referrals and get aggressive with recruitment strategies

• Being prepped and ready to deal with turnover as it comes is instrumental in securing the stability and productivity of your teams. This means an outward focus in parallel with your inward focus.
• Referrals are a great way to bridge this gap, offering the unique win-win situation of fast-tracking talent acquisition and incentivising existing team members. Referrals are oftentimes a solid way to gain great leads and should be encouraged generously. Offering a sizeable referral bonus (and maybe even throwing in a corporate prepaid card) can yield returns in close to no time at all.
• Universities are great harvesting grounds, so getting recruiting teams hands-on and actively spreading awareness on campuses can be a great way to draw stellar talent your way (as soon as they’re free of the uni gates). Providing an interactive way to learn about your company and incorporating contests with desirable prizes can drum up excitement and brand familiarity. Stuck on prizes that’ll resonate with Gen-Z’s soon to make their workforce debut? The Iconic, UberEats, and Rebel Sport are all available when you buy corporate gift cards with GIFTA).

2. Keep compensation competitive - and perks appealing

• Receiving regular feedback and consistently scaling compensation to match the current market rates. Paying your workers according to the value they provide and the work they do is only one part of the equation in today’s cutthroat environment. Workers also take into account factors such as bonuses, benefits, and work-life balance when considering a new career shift.
• Incentivising both new and long-standing employees can reap long-term benefits, and here is where a successful employee rewards program might be the key to finding and retaining top talent for your company.
• GIFTA offers an easy, scalable employee rewards solution with custom corporate gift cards that come preloaded with enticing value (like access to Aussie’s top brands anytime). Corporate gift cards make the perfect incentive for celebrating work anniversaries, goal achievements, and birthdays within the team. Fully flexible and completely personalisable with your company’s custom branding and even a message/video, GIFTA’s Australian gift cards are easy to give and great to receive.

To learn more about our gifting ideas, click here! Supporting Good Mental Health Practices

Harness GIFTA’s corporate gift card ideas to give you a leg-up. Gift your staff flexibility and the freedom to choose whatever piques their interest (our corporate branded gift cards ensure that something will).

If you’re at a loss for what retailer to pick, our swap cards come in categories like Health & Beauty and Travel & Adventure and take the hardest part off your hands. You can even opt for our ultimate swap card, which allows your recipient to pick from any brand across any category.

Make GIFTA’s custom-branded gift cards part of your strategy around finding and retaining talent. It’s the perfect fit.

 

When you purchase gift cards online with GIFTA, we’ll do our part by promising streamlined tracking, scaling, and sending. With a single step, you’re on your way to a custom corporate portal that provides a single touchpoint to manage all your corporate services gift cards in one place— tracking, delivering, and scaling your Australian gift cards online is a breeze.

If you’re looking for a gift that can be as flexible as you need it to be, fitting into a shifting budget and set of requirements, GIFTA’s online gift cards and physical options make it a frontrunner for your rewarding needs.

We’ve got a specialized 24/7 support team ready to help you with any questions you might have when you start gifting with our corporate services gift cards. Visit our Corporate Enquiries page and fill out the form to instantly get set up. We’re the best when it comes to gifting and rewarding, and we know you’ll soon see why.

If you’ve got more questions on how to send gift cards online with us, we’re happy to help! Click here for more information.