Retention Strategy and
Planning
We work hard to find talented people. We
should work even harder AND smarter to keep them. Why?
- It costs an average of 2½ times an individual's salary to replace an
employee who doesn't work out (Right Management Survey)
- The cost quoted is tied to things like recruiting expense, loss of
productivity, training expense, adverse impact on others, etc.
- Oftentimes your top talent is leaving your organization to work for
a competitor
- High turnover can translate into low morale for your remaining
employees and customer concerns about lack of continuity
The Process:
OperationsInc will look at the
life cycle of an employee from
pre-hire to the duration of the employment life cycle to
post-resignation. Beginning with an
Employee Retention Audit, we
will focus on the factors that bear the highest impact on turnover
such as:
- Steps taken during the interview process
- What happens during the first 90 days of employment
With our findings, we will identify the gaps in each area and offer
ways to fill them so to improve the overall retention of top talent
in your organization.
The Results:
We will implement employee retention strategies that will enable you
to hold on to your top performers critical to the long-term success
of our business.
Allow us to show you, effective methods for retaining your top
talent ---without breaking the bank.