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Retention

Financial services firm promotes from within

07/03/2008
A bank teller who makes a career at Tampa, Fla.-based Amscot Financial is likely to wind up as a manager or executive. The consumer-oriented financial services company keeps employees by making it a policy to promote. “Every key position is filled with someone from within,” CEO Fraser MacKechnie says …

It’s time to revamp the way you calculate turnover

07/01/2008
There’s a big difference between losing three slugs versus three stars in your department within a month. Yet, at most organizations, those losses would be calculated the same—as an overall percentage of employees—when figuring turnover rate. The problem: Such a simple metric doesn’t account for performance differences among departing employees …

Conducting ‘Stay’ interviews: 7 questions to ask

07/01/2008
Don’t wait for employees to exit before you get their input on what your organization is doing right or wrong, says Greg Smith, author of the book 401 Proven Ways to Retain Your Best Employees. Conduct periodic “stay” interviews …

The No. 1 Low-Tech, High-Touch Retention Solution

07/01/2008
Companies spend millions on complex employee-retention strategies, but the best retention strategy is totally free, said Patrick Lencioni, author of The Three Signs of a Miserable Job. “The first requirement for a manager is to take a genuine interest in his employees” as people, said Lencioni. “Everyone has a fundamental need to be known in their work …"

Google it! 7 hiring and retention tips from Silicon Valley’s best

06/24/2008
When you google “best places to work,” you’re sure to find a link to Google itself. The search engine giant—91 million lookups per day—is a perpetual contender for the No. 1 spot on lists that rank great employers. Google’s VP for "people operations" tells how the company stays on top with innovative hiring, retention and collaboration strategies.

12 real-Life proven ways to retain your best employees

06/24/2008
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Job satisfaction continues upward trend

06/24/2008
Login Email Address Password I forgot my password To continue reading this page, become an HR Specialist Premium Plus member today! Your subscription includes: Ask the Attorney: Answers to your HR legal questions Compliance Guidance: Access to 7,000 HR news articles, updated daily, sorted by state State-by-State: Summaries of HR laws in all 50 states […]

HR Specialist Editors Bring You the Best from SHRM Chicago

06/24/2008
For a week each year, the Society for Human Resource Management’s Annual Conference becomes the center of the HR world. HR Specialist editors have joined 13,000 of our peers in Chicago this week for four days of professional development covering HR’s hottest topics and presented by the profession’s  leading experts. Here’s some of the best from the world’s biggest HR conference.

Employers Feeling More Resistance Than Ever to Relocation Offers

06/20/2008
Employee transfers have always somewhat of a hard sell for employers. But making a move in the current housing market is fraught with peril for all parties.

Keep Gen Y’ers with pay for performance and lots of options

06/06/2008
Your youngest employees have parents who raised them in a culture of rewards: They got money, gifts or privileges for doing their chores and earning good grades. Here are some strategies for attracting, motivating and keeping your Generation Y employees …