Audit season, month-end and system rollouts define the finance calendar. These are high-velocity periods where everyone is their hot seats. For a temporary employee in your finance team, these pressures catch speed in no time. Why?
They’re often thrown into a deep end as “outsiders” expected to perform like veterans. Retaining high-caliber temporary finance talent isn’t just about their compensation. To keep your best people from jumping ship, you must look after their emotional and psychological safety.
As it stands, an impressive hourly rate won’t matter if the environment is toxic. If your finance team feels like walking on eggshells every single day, they won’t stick around for the long haul. To head off talent churn, make emotional safety your potent instrument.
This article elaborates this idea in a comprehensive framework that works like magic for both your talent recruitment and retention efforts, when it comes to temporary finance teams.
What role does emotional wellbeing play while hiring and keeping professional talent? Download our insightful guide to discover.
download the guide1. address the vulnerability of temporary finance teams.
The “outsider effect” is real and a silent productivity killer for your temporary finance teams. They often keep silent about systemic flaws to avoid come off as incompetent. This hesitation to touch on mistakes and areas of improvement becomes the tip of the iceberg for larger reporting issues.
This silence is dangerous for your workplace. Why? This hush often snowballs into a set of irreversible delivery roadblocks, in the format of audit failures. That said, the very purpose of hiring the temporary talent dilutes gradually.
Make note of this vulnerability. Stop offloading your data dumps onto temporary finance team before properly incubating them into your process flow. Offer them support by tagging an experienced staff, as part of their onboarding.
This solidifies the trust they keep in you and may eventually open up about ideas or process iterations. Furthermore, go the extra mile and involve them in your regular huddles, so they feel involved and heard. Give credit when it’s due and keep them in loop to ensure they’re aware of what’s expected of them.
Emotional safety and workplace productivity go hand-in-hand. This informative article details how. Dive in!
read more2. build an emotional safety net for temporary talent.
Move your onboard past the technical login. Clue in your new hires to the company’s emotional culture right away. Spelling out how the team handles stress and sudden surges of work assures your temporary finance talent get the drift of how work happens in your company.
Finance is filled with surprises. Openness to misses and learning is critical to keep your finance team safe. Temporary talent often fear that admitting a mistake might blow their cover. What’s that cover? That they’re here for a short period of time.
By taking that pressure off, you ensure that technical errors are ironed out before they reach the audit stage. This protocol keeps your data beyond reproach. Additionally, don’t let your temporary finance employees fall through the cracks around the month end. Why?
High-stress days are a slippery slope to immediate burnout, hitting your productivity in no time. This dangerous and keeps your supervisors on the ball, while they can set their focus on another priority. To close, proactive support ensures your team stays on the same page until the books are closed.
3. leadership must advocate for temporary finance talent.
Everyone in your leadership, your line managers, alike, must act as a buffer to protect temporary finance talent from unreasonable work demands. As a leader, you must draw a line in the sand when it comes to scope of work. Why does this make sense?
Stakeholders often pile on extra tasks without being conscious of how well your temporary finance staff is faring with the new job. That’s why, by standing up for your temporary talent, you ensure you don’t bite off more than they can chew.
In addition, your leadership must open up about the messy parts of an audit implementation. Don’t gloss over the chaos. Instead, detail the hurdles early. By modeling this transparency, you give your temporary talent the emotional permission to work through challenges rather than hiding away from them.
Finally, bridge the gap between your teams. Communicate how your permanent talent must make your temporary staff an ally, especially during busy months. Hence, when everyone is on the same page, your temporary talent can give it their all without feeling like a fifth wheel.
4. leave no stone unturned to retain temporary finance talent.
Weekly pulses are the secret to staying on the ball. Leverage micro-feedback to follow up on weekly goals and keep temporary finance talent motivated. These short bursts of communication ensure there’s no flying blind.
To conclude, when talent feels seen, they’re much less likely to go through that revolving door. Give a hand for temporary finance professionals to make a solid partnership with their permanent counterpart. This helps them get the hang of the workflow without feeling excluded.
On top of that, don’t hold back on discussing the non-monetary value of their role. How can you do this cleverly? Call out the specific skills they’ll gain and the striking impact of their work. Additionally, breaking down work-life expectations warrants everyone in your workforce is on the same wavelength.
explore randstad’s temporary recruitment services.
Surge in finance workload happens suddenly and temporary finance talent always saves the day. However, recruiting temporary finance talent can’t be different from recruiting permanent employees. Your approach to nurturing temporary talent needs a retention strategy that twins your permanent talent framework.
That said, workplace safety is paramount to keep your temporary finance professionals engaged and confident. That is also why you need a seasoned talent partner with deep labor market expertise and Randstad’s profile fits your talent needs like a glove.
Our expert team is a call away to help you discover how you can model your hiring strategy that sits squarely with your business growth trajectory. Start a conversation with our talent advisors now!