Retention of your critical talent is one of the top talent management concern in today's global economy. The true ROI of top talent isn't realized if that talent leaves. Add the significant cost of replacing talent to the loss of skills and institutional knowledge when top performers leave, and the importance of retention becomes even more manifest. These factors, coupled with the rapidly changing demographics of today's workforce as the Baby Boomer generation begins to leave in significant numbers and the Millennial generation makes its presence increasingly felt, demand that savvy leaders understand the dynamics of retaining talent and know how to manage talent with retention as a goal.
Recommended Retention Resources
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Learn More about Retention with our Top Resources
Explore Podcasts, Webcasts and Executive interviews from the Human Capital Institute (HCI) to learn best practices and new ideas from thought leaders on employee retention. Click on the titles below to view content.Read more
Competency models and career development initiatives are prevalent in many companies. However, they often fail to create meaningful change in the behaviors of leaders and employees because they are not viewed as an essential part of business ...Read more
To remain competitive in a volatile economy, organizations must often shift from aggressive, growth-oriented strategies to focus on internal operations, people and process to ensure they are prepared to grow sustainably when the time comes. In ...Read more
It takes a courageous leader to truly develop others – to look outward and want to share something bigger. True leadership involves drawing out the greatness in others - even when people do not believe in their own greatness. This is why it's crucial to share victories with everyone. So what conversations can you have that will effectively share organizational wins?
The first lesson learned by every new leader, one that should be permanently tattooed onto their gray matter, is that by virtue of occupation they have inherited a simple, high school physics problem - There are more of “them” than there are of you. Repeat, there are more of “them” than there are of you. Translation - You are outnumbered, perhaps vastly by the group of people whom you are expected to lead. You shouldn’t let that rattle you, but neither should you forget it.
Employees are more likely than ever to change employers multiple times in their careers. This tendency to “job hop” is a cause of concern for many organizations and often used as a justification for not investing in the growth and ...Read more
Employee engagement’s potential to drive customer satisfaction and, ultimately, business performance is widely recognized. However, understanding specifically what drives engagement and how it connects to business results in a particular ...Read more
In part one of a two part podcast series about employee surveys, Mark Royal, Senior Principal of Hay Group Insight, breaks down the barriers to effective survey design. One of the biggest obstacles addressed in this interview is the tendency for ...Read more
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