The Issue of Retention

If retention is becoming a huge issue in your company and employees are claiming there is too much upheaval, it can have a negative impact on the company brand, making it a real challenge to attract top talent.

The cost of turnover is more than financial, it leads to lost productivity and missed deadlines, low employee morale due to additional workloads for those remaining employees and can lead to more turnover. 

According to Gallup research, managers account for 70% of the variation in team employee engagement, so they can make or break the employee experience. Companies need to provide managers with the tools to stop bossing and start coaching to win the hearts and minds of their employees. 

Educate managers and employees on the human side of change. Most companies ignore this critical part of transitions.

Provide a bespoke onboarding process for key hires to include a key stakeholder interview process. Gallup research shows that employees with an exceptional onboarding experience are 2.6X as likely to be extremely satisfied with their place of work.

If you want to chat further on this topic, feel free to reach out.