Employee Retention Ideas & Turnover Solutions

4 Employee Retention Tools We Learned from Shark Tank

4 Employee Retention Tools We Learned from Shark Tank

Popular ABC TV show Shark Tank is a prototype for what is possibly the world’s best recruitment process. While many viewers tune in for entertainment, witnessing the frenzy of action provides valuable insight on how to recruit and retain high performing employees. Here are four real-world retention lessons from Shark Tank. These expose some of […]

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5 Talent Retention Strategies We Learn from Cinco de Mayo

5 Talent Retention Strategies We Learn from Cinco de Mayo

While most people associate Cinco de Mayo with carne asada, mariachi music, and a zesty tequila, there is a powerful allegory about the employee retention strategy behind all the festivities. These five enchiladas of wisdom revealed by the underdog victory at the Battle of Puebla offers strong insights intro talent retention strategies. Talent Retention Strategies […]

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3 Reasons Employees Cheat on You, and How to Stop Getting Dumped in a Hot Job Market

3 Reasons Employees Cheat on You, and How to Stop Getting Dumped in a Hot Job Market

Tough times can hurt a company’s health, but in a hot market just as many hearts break. As of Quarter 1 2017, global economic indicators remain positive and the job market is on fire, leaving employers worried about their talent growing hot to trot for a new stable. A recent article by Fortune revealed that […]

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Why Women’s Retention Has Failed (and the Truth on How to Improve Employee Engagement)

Why Women’s Retention Has Failed (and the Truth on How to Improve Employee Engagement)

  Women’s retention has failed. The question of how to improve employee engagement for women mystifies even the most progressive of organizations. Only 4% of CEO’s at S&P 500 companies are female.1 What gives? Countless programs have been launched, but clearly after decades of trying to close the leadership gap, caring and succeeding are clearly […]

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Beware the Ides of March: 3 Ways Your Company is the Julius Caesar of Employee Turnover

Beware the Ides of March: 3 Ways Your Company is the Julius Caesar of Employee Turnover

Leadership can be deadly. The unfortunate demise of Caesar, the Roman Emperor assassinated by his own senators, exemplifies how bad things can get when leaders ignore employees. If the following sounds like your organization, you may be bound for some employee turnover this Ides of March. Ignoring the Predictions Caesar’s death was foreshadowed by a […]

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I Can’t Help Falling In Love . . . with These Employee Surveys

I Can’t Help Falling In Love . . . with These Employee Surveys

What makes human relationships successful? We know that the key to success in any relationship, personal or professional, is commitment – but there is more to it than just the word. Read on to learn about how commitment can be measured using intelligent employee surveys in this first installment of our Love & Surveys series. […]

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2 Gamification Hacks for Employee Onboarding Awesomeness

2 Gamification Hacks for Employee Onboarding Awesomeness

Time and time again, HR professionals struggle with employee onboarding. Programs designed to maximize employee performance and retention, no matter how carefully constructed, very often fall short of the mark. The real reason is not lack of motivation from the employee or lack of willingness from the employer. Instead, it is this flaw of our […]

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How to Block the Competition from Poaching Your Sales Stars

How to Block the Competition from Poaching Your Sales Stars

When it comes to employee retention, salespeople can be quite a challenge. It is the Salesperson “Key Employee Retention Paradox”… When they are not performing, invest in training until they start cashing in the chips. Then when they do, the world discovers their success. Blink your eyes and they get poached, taking valuable relationships with […]

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5 New HR Titles that Promote Employee Engagement

5 New HR Titles that Promote Employee Engagement

Looks like they’ve done it again. Often the first to innovate, the technology sector has taken up the task of rebranding HR by giving it trendier titles. Here are our top five picks for names that we’ve seen some of the leading tech firms use to improve employee engagement and what they are really saying. […]

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How Google Makes Their Employee Surveys Fun (and how you can too).

How Google Makes Their Employee Surveys Fun (and how you can too).

Surveys give workers a say in what happens to them, often they are viewed as burdensome homework assignments from HR. Google has found a way to transform their internal employee surveys from a mundane task into something that motivates employees, increase self-awareness, and inspires positive action. Their method can be utilized by companies around the […]

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Employee Turnover Means Rocky Road Ahead for Microsoft

Employee Turnover Means Rocky Road Ahead for Microsoft

For the tech giants, business combinations typically present great advancements and enormous challenges. On the talent side, managing employee morale through a merger or acquisition can be daunting

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After the Election: The American Workforce  – Are we Still a Team?

After the Election: The American Workforce – Are we Still a Team?

As the American President-elect was announced in the early morning hours, many predictions followed. Few are exploring the impact on the workplace. The line between work and life, blurring for the past 20 years, allow for the strong emotions we feel at home to impact who we are at work. Like many workplaces around the […]

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If aliens are 1480 light years away, their employees are very happy

If aliens are 1480 light years away, their employees are very happy

In case you have not heard, there is a star behaving oddly in a nearby chunk of our milky way. Let’s call it an “odd star,” since it’s known by twelve people as KIC 8462852, and may or may not be a “god star,” or one with highly intelligent life around it. The intelligent life […]

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Work-Life Balance: The Bottom Line

Work-Life Balance: The Bottom Line

Today’s work force is riding a tidal wave of work-life trends as concepts like “mindfulness” and “nap rooms” become main stream. Many companies are redefining parental leave (for Dad’s, adopters, or non-birth parents), and volunteer days become the norm. The pattern here is making room for what happens in life, but 3 questions linger:

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What to Do When Your Star Salesperson Quits

What to Do When Your Star Salesperson Quits

A company’s sales force is the most difficult to replace.  Most devastating is when your salesperson leaves you for the competition. Your best employee will quit.  Maybe not this week, or next month, but someday he or she will leave.  The impact on your customers and staff and the financial cost of turnover are substantial. […]

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Five Questions to Ask Before Terminating a Poor Performer

Five Questions to Ask Before Terminating a Poor Performer

Its 2 AM, you are up, you cannot sleep.  Your mind is swirling with thoughts of your company’s performance and that one person who is not carrying his weight. What should you do? Begin by taking time to reflect on the following – Is there still value in this work relationship?  Five questions to consider […]

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Fact or Fiction: Star Employees Want Promotions

A common concern among prospective employees is whether there are opportunities to grow within a company. A Company’s most valuable players are not necessarily those who try to climb the corporate ladder.  Those who focus on their existing responsibilities, proving themselves as assets, are most likely the employees a company cannot afford to lose. Organizations […]

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How to Make an Offer They Can’t Refuse

“Candidates are not just looking for extrinsic rewards… They are also looking for intrinsic rewards.  They want to enjoy what they do and feel good about it when they tell others.” – Chason Hecht, President, Retensa In September 2006, New York Enterprise Report published an excerpt from this article.  The full version of that article is provided […]

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The Impact of Employees’ Health on The Employer

“Americans don’t leave their increasing waistlines at home; they bring them to work.  And those extra pounds are having serious ramifications relating to health care costs, productivity and morale.” – Robert J. Grossman, HR Magazine, March 2004 Obesity rates are climbing as healthcare costs continue to escalate.  How can employers create a wellness program to combat both? […]

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The New Customer: Your Workforce

“Firms that do not align employee and firm needs increase the likelihood that employees will leave and leave less talented employees behind to finish the job.” –  Chason Hecht, President, Retensa Pharmaceutical companies create consumer loyalty by promising to improve quality of life. The same strategy may work for employee retention. The greatest impact on the cost […]

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The Real Cost of a Poor Hire

“Your profits are walking out the door — literally. Every time you lose an employee, all the money you have invested in that employee walks out the door at the same time.” – Richard Galbreath, SHRM White Paper, 2002 Hiring an employee who performs poorly costs your company more than you may think. Think about the last […]

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Build the Perfect Exit Interview, Build a Better Workplace

“By constantly evaluating and renewing the workplace, you’ll decrease hiring and training costs and reduce employee turnover.” –  Chason Hecht, President, Retensa Done right, exit interviews can offer you a wealth of information on your staffing needs. I know…you don’t do exit interviews.  Well, despite the escalating cost of employee turnover, most companies don’t, the common […]

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Recruit to Retain: How the Hiring Process Can be Your Most Effective Retention Strategy

Hiring the right person for the job is crucial in a small business. Here’s what you need to know before, during and after the interview. “Would you hire all of your employees again?” Unfortunately, a lot of business owners would say no. Hiring right the first time is one of your most important tasks, and the last thing you want to do is hire the wrong person - or hire the right one who winds up leaving for a better job.

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Sustaining Performance During Mergers and Acquisitions

Involving both firms’ communication strategies before and during a merger will reduce financial and personnel losses. Managing expectations through a merger or acquisition can be daunting, especially when supervisors are unsure how the new organization will emerge.

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Mentoring in the New Economy

Mentor relationships are beneficial to every employee’s career development, but some pitfalls have arisen. The current economic climate is producing uncertainty in many baby boomers about their own job security. According to an article in the Wall Street Journal, “Moving on: Don’t trust anyone under 30; Boomers struggle with their new role as mentor,” many older workers and their junior counterparts are having difficulty forming rewarding mentoring bonds.

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Talent Raids Are On: Preserve Your Human Capital

Talent raiders employ overt and underhanded techniques to steal your talent. How does a company prevent the loss of talented employees to its competitors? How does a company sustain and gain a competitive advantage in the marketplace?

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Supervisory Approaches Impact Voluntary Turnover

Leadership styles impact employees’ attitudes toward your company. Supervisors may not realize that they wield powerful influences on their employees’ attitudes toward your company. A lack of dialog in this relationship can influence competent employees to leave.

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Work/Life Initiatives Impact Employee Retention

Work/life programs can be used as retention tools for organizations, but many miss out. Sometimes it seems 24 hours per day is not enough to tackle work and personal tasks. Sound familiar? Both employees and employers realize that, in the modern lifestyle, work and family matters have converged. Many firms have instituted hotlines, programs, or even software to ensure that these conflicts do not diminish the quality and productivity of employees’ work.

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Employer Branding for Proven Marketing ROI

Brand Management is valuable in the labor market too. Corporations will spend billions of dollars marketing their products and services. The cost per client acquisition can be as low as $20 to $50. However, there is an audience that may be ignored: employees, with a cost per hire that may range from $20,000 to $50,000.

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Ineffective Ways of Engaging Employees

Engaging employees in desired work-related behaviors: focus on strengths. In a recent survey the Gallup Organization found that 58% of respondents cannot say, “I know what is expected of me at work.” Clarifying how an employee’s position and performance relates to the organization’s goals allows employees to grasp how their roles directly impact the organization’s success.

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Attracting and Retaining Human Capital: Developing Strong Leaders

Trust, between leaders and employees, is an often overlooked element of retention strategies. Employees’ trust in leadership is predicated on their faith that leaders will exhibit honesty and meet their expectations. If there is disconnect or friction between a leader and his direct report, that tension can lead to a host of negative consequences.

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Corporate Governance: Ethics is a Boomerang

Ethical behavior is essential for attracting and retaining employees too. An organization’s reputation is based not only on its financial fidelity, but also its fair treatment of its workforce. Employees start learning expected behavior well before orientation and this process continues throughout an employee’s tenure.

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Your Companies Have Merged. Which Executives Will Stay?

The success of Mergers & Acquisition is dependent upon retaining the right executives. The executive level focus is often overlooked because the drivers for a new corporate culture are based upon the collaboration and integration of both human resource structures, but if HR is colliding, they aren’t driving.

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Linking Workforce Strategy & Customer Satisfaction

Maintain client trust and satisfaction by articulating the expertise of all your employees rather than specific people. The importance of maintaining a customer relationship should not depend on the customer’s fondness for one specific employee. Your clients must know that the quality of service is a result of the efforts of many people, not just their point of contact.

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Avoiding Managerial Dysfunction in your Workplace

What supervisory behavior impacts voluntary turnover? Yes, your company’s organizational climate and productivity are significantly impacted by supervisory behaviors. Seasoned managers are assumed to be skilled, reliable, and knowledgeable. However, many are not able to translate those valuable assets into managerial communication or employee motivation.

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