Struggling with Employee Retention in a Small IT Firm: What Can We Improve?

Dear HR Professionals,

I'm working in a small IT firm as an HR executive, where 8-10 employees are working. We started this company in January 2011. However, for the last three months, we have been in the process of hiring but have not been able to find any suitable resources for my company. I have hired two employees, but they left the organization within a month, citing genuine reasons.

Employee Benefits We Provide:

- Five-day working week.
- Flexible working hours.
- Occasional get-togethers during festivals.
- Leaves are not an issue for employees (we do not follow a sandwich policy).

I am seeking feedback on our shortcomings as I work in a small IT company that is engaged in significant projects with foreign clients. There is no office politics, and we ensure timely increments.

Please suggest some points on the facilities we can offer to employees and how I can contribute to employee retention as an HR professional.

Regards,

It generally happens in small firms. Usually, for small firms, you won't get any experienced resources. There are many freshers who will show interest in joining. While screening and interviewing, you should take care of the proper selection procedure and recruit the right candidate.

Even I work for a small IT firm with 21 employees, started in 2006. After taking some retention steps, we have not faced much attrition in the past 18 months. 

I hope this helps!

We also face the same problem, and we provide all the benefits you have mentioned. However, the same issue persists with us. Once they gain experience, they leave. It costs a lot. Please suggest something else because it is a significant problem. When I think everything is going well, suddenly something happens that we can't afford.

Thank you.