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Melissa Asher Director of Talent Acquisition & Training and Development The Employee Experience: 5 Retention Strategies

The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Page 1: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

Melissa AsherDirector of Talent Acquisition & Training and Development

The Employee Experience: 5 Retention Strategies

Page 2: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Context

Page 3: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate
Page 4: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate
Page 5: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate
Page 6: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

5 Strategies

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Harness Your Data

1

Page 8: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Page 9: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Page 10: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Page 11: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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IBM Case Study

Vice President, Data, AI & Offering Strategy and HR» Proactive Retentiono Use analytics and machine learning to calculate

relative importance of retention risk factors• Location, pay, skills, job type• Builds on “whole employee” theory and

realization of more personalization of the employee experience

Page 12: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Skill

Mat

chin

g

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Page 14: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Audience Participation

What do you think about this? Too futuristic? It’s about time? Wake me

up when it is over!

Page 15: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Public Sector Application

One

Data Collection

Exit interviews Stay interviews Engagement Experience/skills Performance

Two

Data Analysis

Patterns Outliers

Three

Supervisors/ Managers

Transparency Awareness Training

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Own Your Environment

2

Page 17: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate
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Page 19: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Four Steps1. Use employee

experience mapping2. Get all functions

involved 3. Be honest about what

employees should expect and deliver on it

4. Learn, explore and adapt

Page 20: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Culture♦ Purpose♦ Belonging♦ Empowered

Page 21: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Public Sector Application

Purpose

Inspire them (the WHY)

Challengethem

Show the results

Belonging

Live the values Teams – work

& gatherings Strong supervisors

Empowered

Flexible hours & work place

Engaged with community

Page 22: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Audience Participation

What do you think can help create a magnetic culture in

the public sector?

Page 23: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Well-Being

3

Page 24: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Pay more

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Greatest Contributors to Employee Job Satisfaction (SHRM 2017)

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I-EngageYour Personal Engagement

RoadmapBy Bob Kelleher

Page 27: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Well-being

• Financial wellbeing• Student loan

forgiveness• Resource programs

Page 28: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Training & Development

4

Page 29: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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“Good jobs were ones with a good salary, benefits, etc. Now, it’s one that prepares you for your next job.”

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Half Life of a Business Skill

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Page 32: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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20/20 ProgramScholarships Continuous

Learning

Use charts to explain your ideasSome Examples

Page 33: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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More Examples

Technical Aspiring Leaders

Supervisor/ Manager

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Recognition

5

Page 35: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate
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Equal Opportunity Recognition

Peer-to-PeerSupervisor

Page 37: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Audience ParticipationWhat types of non-monetary

recognition have you received or heard of that

were effective?

Page 38: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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Non-Traditional

Creative Awards» One-year anniversary» Recommendation on LinkedIn» Long lunch, sleep in, early release» Spontaneous applause» Wall of fame» Charitable donations

Share the troll (or whatever) Online platforms

» Bonus.ly» Tribute» Your own

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Page 40: The Employee Experience: 5 Retention Strategies€¦ · Vice President, Data, AI & Offering Strategy and HR » Proactive Retention. o Use analytics and machine learning to calculate

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5 RETENTION STRATEGIESHarness Your Data

Own Your EnvironmentWell-Being

Training & DevelopmentRecognition