Retention
Any company can offer what they think their people want. But if you’re only relying on compensation and incentives to keep your best people, any company can compete with that. And they do. So, it’s time to stop competing and start getting creative: people who feel successful, secure and appreciated tend to stick around.
You’ve worked hard to recruit great people. Your next challenge is holding on to them. You can keep throwing money, rewards and benefits at them. But it’s expensive. And superficial. Where’s the satisfaction? The rewards of success? The growing engagement that leads to loyalty? The opportunities to perform to their real potential?
When your staff have more opportunities open to them, you need a retention strategy built on the three pillars of performance, communication and employee engagement.
A tailored, evidenced retention strategy is a key element of a truly comprehensive people strategy. By assessing your talent retention and attrition rate, putting a figure on the real cost of your staff turnover and identifying why people are leaving, we can then help you put the solutions in place.
Need help? Contact us today.
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