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YouNeverStopLearning.com
Are You Positioned to Retain Your Talented Employees?
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| Greetings! |
A recent Talent Magazine article, points out:
As the economy turns around, managers are increasingly concerned about retaining and engaging employees. Having a simple conversation about career aspirations could be all it takes to keep them on board.
"A lot of the research suggests that the relationship between managers and employees is one of the centerpieces for engagement and retention," said Caela Farren, president of MasteryWorks. "Having those conversations certainly builds those bridges and lets employees feel known, appreciated and valued. The deeper the relationship between managers and their direct reports, the higher the performance."
Retention Problems? Talk About It
by Erin Green
Talent Magazine
September 2009 |
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We've found that most leaders/managers are unaware of the total disruptive and financial nature of the loss of a valued team member. Hidden costs and impacts are often overlooked. For example, a team member doesn't normally just up and leave an organization. A team member actually considers leaving three to six months before resigning, and productivity declines because the individual is no longer a committed team member. This impacts other team members and team morale.
Also, most leader/managers need to realize the significant leverage that they have to combat turnover.
Managers need a way to accept that, in the majority of situations, team members quit their MANAGER, not their organization. Then managers need to learn what productive steps can be taken to retain team members - the talent they want to keep.
What if leaders could:
- Describe the scope, severity, and cost of turnover?
- Determine the risk of attrition for each team member?
- Identify which retention factors motivate each team member?
- Increase each team member's engagement and commitment?
- Apply applicable research to build and implement an effective Retention Action Plan for their entire team ?
The savings in turnover dollars, lost productivity, loss of trained and company-knowledgeable talent could be hugely reduced
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Consider Retaining Winning Talent...
It's an 8-hour workshop that focuses on one of the most important assets of any organization - its team leaders and their impact on retaining key team members.
The program provides skills, tools, and a research-based approach that helps team leaders rate the attrition risk of each team member, surface individual team members' retention needs, increase the level of commitment from each team member, and, most importantly, develop and implement a Retention Action Plan designed to increase retention for the entire team.
The first discussion in the workshop is based on "Why even worry about retention? There are plenty of people looking for jobs!"
Well, answer these three questions to get started:
What is your Turnover Data?
What are your Annual Turnover Rates and Costs?
What are the Reasons for Employees Leaving?
Do you know the answers? They matter a lot!
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Retaining Winning Talent is set up to workshop these topics:
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Why Worry About Team Member Retention?
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Who's at Risk?
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How to Identify
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Individuals at Risk
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Identify Retention Strategies & Tactics
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Surface Team Member Retention Needs
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Create a Retention Action Plan
At the workshop's conclusion, your managers and team leaders will be able to hugely impact those turnover dollars by:
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Describing the scope, severity, and cost of turnover
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Determining the risk of attrition for each team member
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Identifying which retention factors motivate each team member
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Increasing each team member's engagement and commitment
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Applying the STARS research to build and implement an effective Retention Action Plan for their entire team
Read more about Retaining Winning Talent here | |
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Retaining Winning Talent:
- Eight-hour classroom workshop
- Conduct workshop in two four-hour segments if that better suits the schedule
- Thorough Facilitation Materials
- Complete instruction on how to conduct the workshop
- Explanatory text for the trainer
- Sample trainer narrative and facilitation notes
- Facilitator Resource CD-Rom containing PowerPoint presentation, forms and additional resources
- Participant Workbook pages integrated into the facilitator material
- Complete Retention Action Plan worksheet available
Participant Workbook
- Exercises, forms and skill practice aids
- Plan to create Retention Action Plan
- Workbook for future reference
- Memory Jogger Card providing a handy reminder of the workshop's skill points
Published by the award-winning Vital Learning Corporation
Pricing: (Good until September 30, 2009)
- Facilitator Kit $550
- Participant Workbook: $78 each
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We've seem eye-opening results with this workshop. Managers in the room have expressed surprise, felt challenged to examine their own practices, realizing - often for the first time - the breadth of influence they have over an individual employee's work life.
Now the choice is theirs - do I work to engage this employee in a way I haven't tried before or do I go on doing the same old things, now recognizing that he/she may be driven away?
Devote eight hours to sharpening the examination your leaders/managers can perform in the interest of retaining winning talent.
Sincerely,
Christine Johnson
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