Attracting and retaining employees

www.HRTechnologyGroup.com Copyright 2011 All Rights Reserved – Wayne Tarken – 856-482-6117 [email protected]

Winning the Talent WarAttracting and Retention Strategies

for Today’s Workplace

Presented by

Wayne Tarken


Syllabus - Retention

• Why are people leaving (or why they’ll leave in droves when the economy improves)

• Why they leave & why they stay

• What you can do about it

– Managers & organizational responses

• Case Study


What’s going on in the workplace?

• Death of the Old Deal/Birth of the New Deal

• 24 x 7 x 365 - Anytime, anyplace with information Age Overload

• The Lonely Virtual Office• Skills shortage/employment

gap• Employees as customers


• Turnover can be managed

• Some turnover is good

• Key is getting the right people to leave and the right people to stay

• Alignment of HR programs is the way to manage it

• Retention versus recruitment

Turnover


Why Employees Leave• It doesn’t feel good around

here• They won’t miss me if I’m

gone• I don’t get the support I need

to get the job done• There is no opportunity for

advancement• I’m not rewarded for what I do

Supervision


• Able to grow and develop

• Appreciation for a job well done

• Support with personal problems

• Work-life balance

• Job security and stability

• Identity, esteem and desire to belong

Why employees stay


Keys to Retaining & Growing Your Best Employees

Organizational Strategy

Become an Employer of Choice

Manager’s Strategy

“Employees Join Companies and Leave Supervisors”


Whoever attracts, retains and develops the best

people winsYour best defense is to go on the offensive and become an Employer of Choice

The battle for talent is on

The New Business Model


Employer of Choice (n) im- (ploi er \ev chois

1. Any employer of any size in the public,

private, or not-for-profit sector that attracts, optimizes and holds top talent for long tenure … because employees choose to be there.

2. A phrase which has fallen into common usage to describe such an employer, usually used as a self-description for the purposes of differentiation to recruit workers.

Commodity vs. Differentiation

What is An Employer of Choice?


• Easier to recruit• Better

performance• Reduced turnover• Better customer

service• More attractive to

investors

• Increased efficiency

• Better long-range planning

• Greater profitability

• Ample supply of applicants

• Increased loyalty

Why Become An Employer of Choice?


• Take Care of Your

Employees

• Let Your People Grow

• Your Values, Beliefs

and Culture

• Vision & Leadership

• Provide Meaningful

Work

• Reward Systems

• Define Your

Organization

• Communicate with

Employees

• Metrics, Benchmarks,

Audits, Balanced

scorecard

Components of an Employer of Choice Program


Building Your Managerial Toolkit

• Management style

• Communications• Delegation• Motivation• Goal setting

• Managing change

• Feedback• Performance

evaluation• Discipline


Building A Scalable Employee Infrastructure

• Communications • Work Processes • HR Practices • Management Skills• Performance Management • Technology Knowledge

Management


Are you asking these questions

• “I’m concerned about keeping my best people”

• “We’re afraid that more employees will go when the economy picks up?”

• “How can I build an environment that increases performance and employee productivity?”

We offer a proven track record of helping leaders & organizations improve the performance and retention of employees

Contact us for a FREE, initial consultation on the retention and human resources issues that you are facing.

There’s no risk to you and we may be able to help or provide some quick tips to get you started. Why take the risk of losing good people?