How to Retain Your Best Employees

Sections of This Topic Include

10 Ways to Encourage Your High Performer to Leave
Are You Concerned With Employee Retention?
Additional Perspectives on Retaining Employees

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(Before reading this topic, be sure to read the definitions and various steps in the staffing process to notice where this topic fits in the overall process.)

10 Ways to Encourage Your High Performer to Leave

© Copyright Sheri Mazurek

A recent survey, Mercer’s 2010 Attraction and Retention Survey (as cited on clomedia.com) indicates that 27% of companies are planning to expand their workforce, which is up from 12% in 2009. As more and more companies begin hiring in higher numbers, the fear of losing high performing talent increases for many. If you have that fear, please see the below list of things that will drive your high performing employees to seek other opportunities.

  1. Fail to provide them with development opportunities
  2. Question everything they do
  3. Micro manage their work
  4. Fail to let them take ownership of their work
  5. Fail to provide challenging work
  6. Fail to address performance issues of others
  7. Fail to provide them with performance feedback
  8. Fail to consider their insight or fail to even ask
  9. Ignore their suggestions
  10. Fail to discuss their goals

Are You Concerned With Employee Retention?

© Copyright Sheri Mazurek

How concerned are you about employee retention? If you are a HR pro, you should always be concerned about the retention of your high performing employees. And if you have allowed the job market of the past two years to sway your focus on this, then you might expect some trouble ahead. According to a recent survey conducted by Kelton Research, The Cornerstone OnDemand “Employee Attitude Survey”, you may not be alone.

The survey reveals a look at the perceptions employees currently have about their workplace. If we were to use the survey as a scorecard, then we would see that many organizations are failing in some very critical retention areas. Using the familiar grading scale of where a 70% get you a C, let’s take a look at the areas with a failing grade.
GRADE

Surveys Says About Showing Appreciation:

  • 54% say their colleagues show them appreciation
  • Only 30% say their managers; 16% say executives
  • Grade F

Receiving Feedback on Performance?

  • 58% say NO
  • 71% say “they haven’t gotten any reaction from their supervisors in the last six months.”
  • F

Establish Career Goals with Employees?

  • 82% say during the past six months that they haven’t
  • F

Show alignment with company goals and objectives?

  • 53% say they don’t have a clear understanding of how their role fits within the organization
  • F

Additional Perspectives on Retaining Employees

Motivating and Retaining Employees
Retaining Employees in a Competitive Work
11 Low-Cost Ideas for Retaining Employees
HR Field Guide: 5 Tips To Effective Succession Planning
Five Tips to Successfully Retain Generation Y Managers
10 Ways to Encourage Your High Performers to Leave
Are you concerned with employee retention?
How to Keep Your Star Performers in Trying Times
What It Takes to Be a Great Employer
Development as a Retention Tool
“Fracking” Your Organization
Employee Turnover: Why People Quit Their Jobs
Employee Retention:5 Key Management Practices
25 Ways to Develop Your Stars and Keep Them!
Talent Management: Leverage Your Top Talent Before You Lose them
Is Employee Turnover Costing You? You Bet It Is!
Employee Turnover: Can We Predict Who Is About to Quit?

Also see How to Reward Performance

Return to Staffing for the next step in the staffing process.

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Leadership and Supervision in Business - Book Cover Field Guide to Leadership and Supervision in Business
by Carter McNamara, published by Authenticity Consulting, LLC.
Includes step-by-step guidelines, tips and tools to effectively lead:
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Leadership and Supervision With Nonprofit Staff - Book Cover Field Guide to Leadership and Supervision With Nonprofit Staff
by Carter McNamara, published by Authenticity Consulting, LLC.
Includes step-by-step guidelines, tips and tools customized for personnel in nonprofits to effectively lead:
1. Yourself
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3. Groups and teams in the nonprofit
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Many of the Library's materials about nonprofit leadership and management are adapted from this book. Just click on the title of the book above to see the Index and Table of Contents.

The following books are recommended because of their highly practical nature and often because they include a wide range of information about this Library topic. To get more information about each book, just click on the image of the book. Also, a "bubble" of information might be displayed. You can click on the title of the book in that bubble to get more information, too.



Also See

Personal Development -- Recommended Books

Personal Productivity -- Recommended Books

Personal Wellness -- Recommended Books

Supervision -- Recommended Books

Training and Development -- Recommended Books

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