April 22 , 2019

Retention

Walking Employees Downstream Improves Retention, Productivity, Recruiting, and Engagement (Part 2 of 2)

Implementing a walk-them-downstream retention and recruiting approach Part II of this two-part series focuses on implementing a “walking employees downstream” retention and productivity tool. It is highly effective because it increases the emotional connection between employees and those who benefit from the firm’s final work product (that they contribute to). Last week’s Part I highlighted the many benefits associated with the …

Read More »

Pre-Exit Interviews — How effective are exit interviews when nurses resign?

As seen on Nurse.com on 09/26/2018 by Carole Jakucs, BSN, RN, PHN. When nurses jump ship for another job it not only causes turmoil – it also costs employers money. Enter the exit interview – a practice some organizations use in their quest to reduce turnover and discern why staff members resign. But recruiters and other HR professionals might wonder how effective …

Read More »

Recruiting Candidates Who Put Money First May Result in Early Turnover

Do you work in an organization where increasing an employee’s pay for retention purposes isn’t a realistic option? Whenever you hire someone who is driven by money, you are setting yourself up for future turnover failure. Money-focused hires are likely to immediately quit when they are offered even slightly more money from another firm. Salary is the No. 1 reason …

Read More »

WOW Hiring Managers by Projecting the Retention Trajectory of Candidates

Add a Future Focused Element to Your Hiring Assessments Hiring managers all too often undervalue their recruiters because they feel that they know more about the finalist candidates than the recruiter does. But imagine sitting down with your hiring manager at the time when they must decide on which of their three finalists to select even though all three candidates …

Read More »

Managers Are Hoarding Talent: A Hidden Problem That’s Likely Hurting Your Firm

Expediting the transfer of employees among diverse business units allows a firm to develop and retain employees, while simultaneously increasing the cross-pollenization of ideas and the transfer of best practices. Unfortunately, I find that executives at every large organization I have visited consistently complain that this beneficial movement simply doesn’t happen often enough. I have also found that most executives …

Read More »

Improve Retention Up to 50 Percent Because Post-Exit Interviews Get More Honest Answers

Most corporate retention programs are driven by emotion rather than data. As a result, even though a data-driven “loss prevention” effort is common throughout the business, there is no one in the retention team who quantifies the percentage of turnover that could have been prevented. Because so few measure it, you will probably be surprised to learn that research now shows that “about …

Read More »

Without Metrics, Weak Onboarding Will Neutralize Your Recruiting Results

Think about it for a minute. You devote thousands of dollars and hundreds of management hours to recruiting, and as a result, you land a great candidate. But all that is for naught if the new hire gets off to a bad start and soon after quits because the onboarding program lacked goals and metrics. If they do stay, the …

Read More »