Keeping the Good Ones: Effective Retention Strategies
Keeping the Good Ones: Effective Retention Strategies
Product Code: 137

Consider that direct costs of replacing a good employee may reach 50-60% of an employee’s annual salary. Add in indirect costs and it zooms to 90-200%. Further, good employees assure that we effectively meet client needs and successfully meet organizational goals. As leaders, we create work environments that encourage employee retention through good leadership, employee development, motivation, recognition, wage and benefit plans, and compensation plans. This webinar will provide an understanding of why employees stay or leave and actual strategies you can use to retain good employees.

This is the second webinar in the Hiring To Discharging—The Performance Management Webinar Series.

Who should participate?
Managers, supervisors, human resources professionals, and other personnel.

Learning objectives
  • Why employees stay or leave
  • How to measure turnover
  • How much money matters in 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
  • How to conduct “Stay interviews”
  • Technique for Rounding for Excellence
  • 75+ ideas for reducing turnover
  • 10 steps toward great retention
  • 7 steps to giving effective recognition
  • Learn the importance of the Losada Ratio
  • Receive a copy of “The Jerk Assessment”
  • Linking benefits to retention

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

Other webinars in the series
  • The Right Choice: Legal and Effective Interviewing
  • The Good, the Bad, and the Ugly: Managing Employee Performance
Wes Pruett, M.S., M.H.A., Owner
HR Advisors

Original Air Date: 12/13/2011
Length: 90 minutes Category: Human Resources
Discounted member price: 35.00
You could save 72.0%