Retention

Special contracts to retain special employees

11/22/2022

Good employees are worth their weight in gold. In any employment market, the costs of turnover, retraining and lost business opportunities are high. With all these challenges, guarding your “gold” seems prudent.

Don’t wait until it’s too late to retain a star employee

11/22/2022

The “stay interview” provides an opportunity to confirm assumptions about employee preferences and goals. It’s not good enough to know someone wants to advance. You also need to understand how they work, if they feel comfortable with the team dynamic and anything else on their mind.

Re-recruit your employees

10/25/2022

Focus on keeping the best employees by “re-recruiting” them. Here are three ways to increase retention.

Ease talent struggles via internal recruitment

10/11/2022

Your organization’s most robust talent pool may already be working for you.

Labor hoarding: The new (old) trend

09/20/2022

Instead of laying off workers to save capital as a recession looms, companies are “hoarding” top talent to avoid the high cost of recruitment and training. That’s good news for both employers and employees.

Poll: Half of employees say they’re content to stay put

09/13/2022

A slim majority of employed adults (52%) are content with their jobs and are not looking for new opportunities right now, according to a new Harris poll conducted for CareerBuilder.com.

Offer inflation bonuses to retain employees

08/30/2022

Like covid-19 bonuses that employers paid to retain front-line workers during the height of the pandemic, making one-time bonus payments to offset higher costs of living can help keep workers from leaving for other jobs.

What is quiet quitting… and how many of your staff are doing it?

08/20/2022

“Quiet quitting” is a trend no manager was asking for: a way for workers to justify why they’re not doing more than the bare minimum to stay employed.

Better benefits emerge as keys to retention

08/09/2022

The number of employees willing to pay for more generous benefits has rebounded following a dip during the pandemic. Those are among the key findings of a recent survey of more than 9,600 U.S. employees by the Willis Towers Watson consulting firm.

Counter ‘Big Quit’ with counteroffer strategy

07/28/2022

Surprisingly, more than 90% of organizations don’t have a policy or strategy on how (or whether) to propose counteroffers, according to Tom McMullen, senior partner at consulting firm Korn Ferry.