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Retention Strategies for Keeping Top Performers
- Why Millennial and other groups of employees stay or leave
- How to measure turnover
- The relationship of compensation to employee satisfaction and motivation
- The relationship of leadership to retention and turnover
- How to create a workplace "community"
- Why recruitment and interviewing are important in managing turnover
- The importance of "Stay interviews"
- 135 ideas for reducing turnover
- 10 steps toward great retention
- Ideas for more effective onboarding
- Importance of realistic job previews
- 7 steps to giving effective recognition
- Linking benefits to retention
- The 5 components of the retention model
- Keys for retention
Overview of the webinar
Retaining top performers is critical to organizational success. They are talented, innovative, entrepreneurial, creative and can be demanding. They are also highly mobile and prone to job hopping. Retaining top talent is a key business imperative and old strategies are no longer effective.
Just as approximately 60% of Millennials leave their company in less than three years and their turnover is greater than any other generation. Top performers can be from any generation and they turn over with similar frequency, unless you actively continue to re-recruit them. Unfortunately, most companies don’t have a focused retention strategy to retain these important employees.
The good news is that top performers prefer to stay with the same company, and they will if given the right environment and opportunities. There are strategies and tactics that can improve retention rates.
Who should attend?
- Individuals Responsible For Employee Retention
- Human Resources
- Employee Development
- Leadership and Management
Why should you attend?
During this informative webinar, you will learn why top performers, Millennial and other employees stay or leave and learn practical techniques you can use to retain the best employees.
Upon completion of this session, you will be able to:
- Cite factors that contribute to employee turnover
- Identify strategies for retaining employees
- Understand the link between leadership, employee satisfaction, and turnover
- Measure employee turnover
- Cite three factors that contribute to employee motivation
- Understand the priorities of several of the working generations
Faculty - Mr.Bob Verchota
Bob Verchota is the owner and senior consultant for RPVerchota & Associates, a consulting firm providing services to clients who seek to align their business and employees, creating successful outcomes and excellent work environments. After 30+ years in Human Resources senior leadership roles and teaching both undergraduate and graduate courses in Leadership and Organizational Development, Bob transitioned to using his experience and skills in consulting.
Mr. Verchota provides solutions to companies for a wide variety of HR issues including training and development, compensation, compliance, policy development, performance management, employee relations, and managing change from mergers and acquisitions to project-specific disruptions of the status quo. Bob has an undergraduate degree in Business Administration, a graduate degree in Healthcare Administration, and doctoral work (ABD) in Organizational Development. He is a lifetime Senior Professional in Human Resources.