Did You Know...
Interesting Retention Statistics...
- Executives believe that the one growing concern in the workforce today is Talent Retention*
- The most common talent management metric,retention rate, is used by 58% of organizations**
Top current business challenge for senior executives is:
- Attracting and retaining skilled staff ***
* Accenture
** Talent Management, State of the Industry Report 2008
*** SHRM 2008 Workplace Forecast -based on responses from 425 senior executives
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Retention
How Do You Increase Retention?
In this scenario, the General Manager for a large furniture company is having a problem with high turnover. In this Q & A you will need to identify the elements that will help employees stay engaged over the long term.
[FULL STORY]
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Three Keys to Retaining Your Best Talent
by Todd Harris Ph.D.
One of the most pressing challenges facing today's executives is keeping their best people. Given that new products and innovative strategies can be quickly copied by competitors, an organization's only source of sustainable competitive advantage is its human capital. Todd shares several thoughts on what companies can do to retain their key people.
[FULL STORY]
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First Nonprofit Insurance Company
PI’s Common Language Results in an 80% Reduction in Turnover
First Nonprofit Insurance Company trains every employee in the Predictive Index as a way to build and sustain their corporate culture, which is founded on effective communication. Since instituting this policy, the company has seen tremendous results including improved morale and a 80% reduction in turnover.
[FULL STORY]
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Employee Longevity
by Dan Handalian
In this column, Dan shares strategies on how to hire right the first time so your employees will stay. Tips include conducting a thorough job analysis to determine the requirements of the job and performing a fit/gap analysis on all candidates.
[FULL STORY]
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