Retention of your critical talent is one of the top talent management concern in today's global economy. The true ROI of top talent isn't realized if that talent leaves. Add the significant cost of replacing talent to the loss of skills and institutional knowledge when top performers leave, and the importance of retention becomes even more manifest. These factors, coupled with the rapidly changing demographics of today's workforce as the Baby Boomer generation begins to leave in significant numbers and the Millennial generation makes its presence increasingly felt, demand that savvy leaders understand the dynamics of retaining talent and know how to manage talent with retention as a goal.
Recommended Retention Resources
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The HR team used Visier to build a compelling business case that supported the implementation of programs to reduce turnover. This included a detailed cost of turnover analysis with a bottom line of almost $15M of projected savings over three ...Read more
Not long ago, a client CEO and SVPHR asked if any of the three executives I was coaching for them presented a flight risk. My reply was to the effect that the operative word wasn’t “any,” but rather, ALL of them. Sure enough, over the ensuing nine months, each made his exit. As the economy and job market continue to warm, this has become an all too familiar chorus.
This guide is designed to help you re-shift your focus towards employee development. The benefits of using an approach that emphasizes employee development are witnessed both by employees and the company itself: while employees will see your ...Read more
In this guide, you'll find actionable, useful techniques you can use to take performance review from an annual event to an ongoing approach to be an effective manager with a team of high performers.Read more
The purpose of this guide is to show you how to set goals and Objectives that are more effective, measureable, achievable, and able to be tracked. You will also find out how to best align your employees’ goals with company Objectives, so ...Read more
Companies spend massive amounts of time, money and headspace on strategies to increase employee retention, hoping that doing so will indemnify them from the risks of losing valuable employees, or thinking it will solve any labor shortage they face that threatens the health and growth of their business.
Jessica McFeron from KinderCare Education at Work and the HCI research team discuss the actions your organization can take to help employees successfully integrate work and life demands. Learn how supporting your people is about more than just the number of benefits you offer, instead it is about crafting a holistic employee experience.
Engaging a virtual workforce is challenging. With the growth of virtual and global teams the need to connect and support remote talent has never been more vital. US Labor statistics reports show that since 2005 the rate of remote employee ...Read more
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