One of the most powerful retention tools available is the "stay interview." Not only is it inexpensive and easy to implement, but conducting a stay interview with your top performers is one of the highest ROI activities that ANY manager can utilize.
Read More »Tag Archives: retention
A Buddy Hiring Program Attracts, Retains, and Increases Productivity
Working with your best friend shouldn’t be ignored. It carries three simultaneous benefits. It directly contributes to attracting and retaining talent, but it also significantly increases productivity.
Read More »The Top 20 Retention Tools That Produce Immediate Results
Research has shown that between half and three-quarters of all turnover is preventable. That means an individual’s manager must take ownership of the retention problem and administer the retention tools that will prevent them from leaving.
Read More »Walking Employees Downstream Improves Retention, Productivity, Recruiting, and Engagement (Parts 1 & 2)
The Powerful Impacts From Showing Employees That Their Work Is Meaningful Forget engagement survey results. If you really want to kickstart actual hands-on commitment, “walk employees downstream” to see their work’s impact. Walk employees downstream is a tool whose goal is to increase the emotional connection between an employee and …
Read More »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). …
Read More »Walking Employees Downstream Improves Retention, Productivity, Recruiting, and Engagement (Part 1 of 2)
The Powerful Impacts From Showing Employees That Their Work Is Meaningful Forget engagement survey results. If you really want to kickstart actual hands-on commitment, “walk employees downstream” to see their work’s impact. Walk employees downstream is a tool whose goal is to increase the emotional connection between an employee and …
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. …
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 …
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 …
Read More »Diversity’s Revolving Door — With 2x The Turnover, A Diversity Retention Program Is Needed
As seen on ERE Media (May 15, 2017). Most firms have no idea that they have a revolving door that is bleeding diversity talent because unexplainably, they don’t measure and report diversity turnover and the cost. But what if your executives knew that diversity turnover “was off the chart,” where …
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