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Employees have the power in today’s employee marketplace. Organizations must make strategic, well-informed efforts to create a workplace that is preferred in order to retain employees and maintain profits amidst the mounting risk of increased turnover costs. Unfortunately, many employee retention efforts are misguided by common myths as evidenced in the 2017 Retention Report: Trends, Reasons & Recommendations.
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Categories: Retention | Tags: | Comments: (0) | View Count: (246)
Voluntary employee turnover comes with a steep price tag in the US, costing businesses $536 billion in 2016 alone according to the 2017 Retention Report. If you’re experiencing sticker shock, you will wince at findings in that same report, which reveal the reasons most employees cite for leaving are preventable and that those preventable reasons for leaving are on the rise, threatening employers with a growing fee for employee turnover.
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Categories: Exit Interviews, Retention | Tags: | Comments: (0) | View Count: (511)
It’s important to completely assess the current and on-going state of your recruiting and onboarding processes to optimize their effectiveness, increase productivity and retention. The best way to assess these processes is to solicit truthful, data-driven feedback that provides deep insights about your organization.
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Categories: Recruitment, Onboarding, Retention | Tags: | Comments: (0) | View Count: (365)
Leading businesses continue to adopt strategies, and create cultures, to capture the voice of the employee. It’s important to ensure that these voice of employee strategies are holistic, integrated, and an on-going by capturing the voice of the employee at key stages of the employee lifecycle. Below are three key stages of the employee lifecycle that are critical to building an effective voice of employee strategy and tools often utilized within each stage
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Categories: Recruitment, Onboarding, Engagement, Stay Interviews, Exit Interviews, Retention | Tags: | Comments: (0) | View Count: (363)
Employee engagement is a pervasive topic among human resources professionals today, rippling throughout organizations, creating waves among leaders that recognize the benefits, and resulting in a swell of interest in capturing the voice of the employee.
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Categories: Retention | Tags: | Comments: (0) | View Count: (366)
15

The Employee Voice Must Be Heard

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It’s time companies recognize that yes, employees are in control of the employer relationship, employees are aware of the perfect storm that exist of low unemployment and a high number of job openings, and employees are leaving companies that do not respect their voice and preferences to join companies that do.
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Categories: Retention | Tags: Employee Retention , Voice of Employee , Employee Feedback | Comments: (0) | View Count: (386)
22

8 Questions Your Exit Interviews Must Answer

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Companies routinely conduct exit interviews with employees that have recently left, or resigned, to learn how those former employees rate specific aspects of the company to inform organizational improvements. If your company is following this routine – you’re missing out.
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Categories: Exit Interviews | Tags: | Comments: (0) | View Count: (1106)
16

4 Keys to Effective Exit Interviews

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Exit interviews are a common practice for companies interested in understanding workplace issues and improving retention – for good reason.
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Categories: Exit Interviews | Tags: | Comments: (0) | View Count: (579)
Exit Interviews can identify the real reasons that first year employees leave the organization by providing insights to the following questions
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Categories: Exit Interviews, Retention | Tags: | Comments: (0) | View Count: (644)
Stay Interviews identify the real risks of newly hired employees leaving by asking questions to uncover their challenges. This in turn offers you an opportunity to make the necessary changes so that these employees stay for the long-term.
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Categories: Stay Interviews, Retention | Tags: | Comments: (0) | View Count: (591)
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