The Most Current Trends in Employee Retention Strategies

Retensa publishes Employee Retention News, a quarterly newsletter addressing the most current issues in employee turnover. Employee Retention News provides helpful suggestions for your business on how to improve employee retention and reduce turnover.

Vol. 8 Q1	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. When it happens to you, keep this in mind...
Vol. 7 Q4	SPECIAL: The Seven Step Plan to Retaining your Best Employees Replacing an employee involves all of the direct costs of hiring as well as hours of management time spent reviewing resumes, interviewing and checking references. There are also less obvious costs of turnover.
Vol. 7 Q3	SPECIAL: The Impact of Increasing Pay on Decreasing Turnover Think an extra wad of cash in the pay check will keep your employees happy? Guess again...if the only thing motivating your employees is money, any employee can be easily bought by the highest bidding company.
Vol. 7 Q2	5 Questions to Ask Before Terminating a Poor Performer Your mind is swirling with thoughts of your company's performance and that one person who isn't carrying his weight. What should you do? Begin by asking yourself the following pertinent question - Is there value in this relationship?
Vol. 7 Q1	The Real Cost of a Poor Hire Think about the last few hires that didn't work out. On paper, applicants may possess the education, work experience and skills for the job, but polished resumes may not reveal hidden liabilities...
Vol. 6 Q4	How to Make an Offer They Can't Refuse Maybe the candidate did not reject your offer so blatantly, but even the most polite rejection may make you wonder, "What happened?"...
Vol. 6 Q3	SPECIAL: The Impact of Employees' Health on The Employer The number of people in the American workforce may be shrinking but the size of the average American certainly is not. According to a study by Trust in America's Health, almost 65%, or 119 million Americans, are...
Vol. 6 Q2	The New Customer: Your Workforce Pharmaceutical companies create consumer loyalty by promising to improve quality of life. The same strategy may work for employee retention...
Vol. 6 Q1	SPECIAL: The Real Cost of a Poor Hire Think about the last few hires that didn't work out. On paper, applicants may possess the education, work experience and skills for the job, but polished resumes may not reveal hidden liabilities....
Vol. 5 Q4	Build the Perfect Exit Interview, Build a Better Workplace Exit interviews provide one of the highest Returns on Investment (ROI's) you can get from an employee program. Done right, you can gather new solutions...
Vol. 5 Q3	Hiring to Last 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...
Vol. 5 Q2	Turning the Tables on Turnover Having a key employee leave a small to midsize business can be a dramatic, if not catastrophic event. Yet approximately 94% of turnover is preventable ...
Vol. 5 Q1	SPECIAL: Sustaining Performance During Mergers and Acquisitions Involving both firms' communication strategies before and during a merger will reduce financial and personnel losses...
Vol.4 Q4	Mentoring in the New Economy Mentor relationships are beneficial for an employee's career development, but some pitfalls have arisen...
Vol. 4 Q3	Talent Raids Are On: Protect Your Human Capital 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?
Vol.4 Q2	Supervisory Approaches Impact Voluntary Turnover Supervisors may not realize that shape their employees attitudes toward your company. A lack of dialogue in this relationship can influence competent employees to...
Vol.4 Q1	SPECIAL: The 8 Signs That Your Best Employees are About to Leave Directors and Managers can learn to spot the early signs of employee discontent. Identifying these subtle clues before implementing retention solutions can mean the difference between engaging and losing your top talent...
Vol. 3 Q4	Work/Life Initiatives Impact Employee Retention Some days it seems as though 24 hours per day is not enough to tackle essential work and personal tasks. Sound familiar? Both employees and employers realize that...
Vol. 3 Q3	SPECIAL: 10 Steps, 8 Tips, and 2 Mistakes of every Employee Survey One of the most underused and misused devices in the employers' toolkit is the Employee Survey. This document is designed to guide firms who are in the process of choosing whether or not they should conduct a survey and...
Vol. 3 Q2	Employer Branding For Proven Marketing ROI Corporations will spend billions of dollars marketing their products and services. However, there is an audience that may be ignored: employees...
Vol. 3 Q1	Ineffective Ways of Engaging Employees The Gallup Organization found in a recent survey that 58% of respondents cannot say confidently, "I know what is expected of me at work."...
Vol. 2 Q4	Attracting and Retaining Human Capital: Developing strong leaders The leader-follower relationships within an organization are important parts of your organization's retention strategy. As in any relationship, employees' trust in...
Vol. 2 Q3	Linking HR Strategy to Shareholder Value The human resource strategies that you implement in your organization are directly related to your bottom line...
Vol. 2 Q2	Corporate Governance: Ethics is a Boomerang Ethical behavior is essential for attracting and retaining shareholders too...
Vol. 2 Q1	Your companies Have Merged. Which Executives Will Stay? The synergy of the merged companies is dependent upon the human capital side of the deal as well as...
Vol. 1 Q4	Linking Workforce Strategy & Customer Satisfaction If your customer's key contact leaves the firm, the client must be aware that there will not be...
Vol. 1 Q3	Look before you Keep: Who Not to Retain at Your Company
Vol. 1 Q2	Avoid Dysfunction: The Critical Relationship between Supervisory Behavior and Employee Retention. The organizational climate can become toxic and unproductive if top management permits an environment predicated on...
December 2003	SHRM and CNN Survey Shows that Benefits are Integeral to Retention Policies Even in a relatively weak economy, the retention and recruitment of qualified, skilled employees is the foundation of any business, small or large...
November 2003	Matching Quality Brands with Quality Employees Investing in talent management, retention, and communication is helping the Yum! Company to match its employment brand with its marketplace brand...-Workforce Management
	Loyalty in a Flush Economy? "The threat of pink slips has prompted plenty of people to work scared and to give everything to their jobs. Overtime isn't that uncommon anymore. Nearly... - CNN/Money
October 2003	Communication and Support Are Key for Retaining Productive Employees An interview with Himanshu Bhatia, the CEO of Rose International and the winner of the US Government's Small Business Administration Award for... - Businessweek
August 2003	Measuring the ROI of Your Human Capital Strategy "At many firms, management's behavior mirrors Wall Street's difficulty in valuing human capital. Executives say people are the company's most important asset, but in a down cycle, they treat positions and training budgets as variable expenses-the first things cut."... -Harvard Management Update
Janurary 2003	Incentive Pay is Important For Top Performers Even in an Unpredictable Economy Performance pay is not an entitlement, but a reward. Increasing base pay for all employees at fixed intervals can strain payrolls and does not impact employees... - Human Resource Magazine.
September 2002	What Happens to Valued Employees During an Economic Upturn? In a stagnant economy, employers may take their ability to retain seasoned employees for granted, not realizing that an economic turnaround can translate into a mass exodus of talent. . Many on Wall Street are not implementing non-financial inducements... - Crain's New York Business
October 2001	Job Embeddedness is an Essential Part of an Organization's Retention Strategy The decision of an employee to stay or leave an organization is a function of a constellation of factors. Events in one's professional life and personal life impact each other... - Academy of Management Executive...
July 2001	Talented people are difficult to recruit and even more difficult to retain What is compelling and differentiating about your workplace? How would you entice talented, potential employees to seek employment at your company? ... - Strategic Communication Management
Januray 2001	Retaining Middle Managers Guides your Retention Strategy Motivating middle management to maintain high levels of effort and performance is part of a larger retention policy of successful organizations. Employees at all levels need... - Industrial Management...
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