Employee Retention Programs 
Employee retention should be a top priority.

Keeping great employees means utilizing great retention programs.

High employee turnover doesn’t just increase your business’ expenses, it also has a negative effect on company morale and engagement. Hiring a positive and productive staff is a great place to start - but retaining that workforce is crucial for success. Implementing a comprehensive employee retention program is an effective way to encourage top-performing employees to remain - while maintaining high productivity.

Employees are the lifeline of your organization, and formal retention programs are an investment in your future.

An employee retention program is the only investment that pays for itself over and over again in the long-run by helping you recruit top-talent, increasing your organization’s productivity and its morale.

What it takes to keep a top-performing team:

Monetary compensation and benefits are always powerful drivers for employees, but money can’t buy everything. It’s critical to understand the emotional needs of your employees - and that emotions can be extremely diverse. The satisfaction that one employee desires from their work, along with acknowledgement and encouragement from coworkers and managers can determine their interest in staying with the company.

 

WORK INSTITUTE CAN HELP

We would love the opportunity to earn your business. Call us now to schedule your free consultation to discuss your specific employee retention challenges.

TALK WITH US! (888) 750-9008

Invest in your employees. It’s worth it to your customers.

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EMPLOYEE RETENTION PROGRAM DATA SHOWS YOU:
employee retention studies
  • >The appeal of your company.

    Are you offering the right compensation and the right benefits to attract the right applicants? Retaining high-producing employees starts with hiring motivated employees.

  • >The follow-through on corporate commitment.

    Are you providing a realistic view of your corporate environment and advancement opportunities in the recruiting process? Do you fulfill promises made when employment offers are made?

  • >Employee alignment with company strategy.

    Do they understand your goals and values? Do they see where they fit into the big picture. Employee alignment has a significant impact on performance.

  • >Amount of team and supervisor encouragement.

    How do your managers and supervisors rate with their employees? Are they receiving recognition and support?

  • >Employee emotional satisfaction.

    Is your company targeting team-building? Is your organization involved in the community?Whatgives employees a sense of pride in what they do?

  • >Employee outlook on advancement.

    Do your employees feel you have a vested interest in their personal growth? Do they see opportunities for promotions? If your employees feel your company is investing in them, they’ll invest in you.
  • >Success of recognition programs.

    Are your modes of motivation working? What methods of encouragement are you using to retain your top-performing employee? Do you have a diverse strategy?

HOW IT WORKS

Once you become a partner of Work Institute we assign you a Client Services representative. This person will be with you every step of the way – from identifying who needs to be interviewed, crafting the specific study questions, gathering and providing data analysis to building a change management plan to address specific issues and meet predefined business goals.

Your Client Services representative will become an integral part of your internal team by providing research, data, analysis and recommendations along the entire feedback cycle. Their entire focus is your company’s engagement and retention strategies. They find what isn’t working and get it working again saving your hundreds of thousands of dollars in turnover costs.

Once we get the interviews and surveys in place, your Client Services representative will work with you to summarize the major 3-4 trends in bullet form with the supporting raw data as a reference. We will regularly meet with you and any key leaders to discuss what we’ve discovered and will work with you to build a plan of action to make key changes.

Our reporting system is designed to give access to whomever you deem necessary.  Sometimes all organizational leaders want and need to know the research. Sometimes it’s better to have one key internal person managing the process. Whatever the request, we will provide access at no additional charge.

We use our combined experience of close to 30 years in human resources and our ability to capture the specific data you need to design thorough action plans to solve HR issues. For example, just by solving simple issues in recruitment results in hiring the right top talent for your open positions. Hiring the right top talent means reducing turnover significantly. This is what consulting with data can do for you.

HOW CAN I GET STARTED?

Work Institute offers a complete solution to your employee retention programs with insight into what’s working, and what needs to change, in order to retain high-producing employees. By surveying individual employees through onboarding, stay and exit interviews, we develop a comprehensive look into the programs that are in place, and why your employees feel the way that they do about your company. Our integrated responses help you to determine how to retain productive employees, reduce turnover, and save thousands and even millions of dollars in internal costs.

 

BUILD A BETTER WORKPLACE.

Our experts can help you determine the solutions best suited to your company’s needs.

  • "The actionable and detailed data from the Work Institute gave us the support to make the changes our employees needed to see. The ability to break it down into different divisions particularly provided us with the insight to address specific concerns within departments and levels, as opposed to blanket solutions, and led to an overall more productive workforce."