RETENTION SERVICE: Retention Improvement Project

How to Keep Top Talent Motivated and Engaged

Studies show that a significant portion of your workforce, particularly your most prized performers, at any point in time are going online to see if the grass is greener elsewhere (by the way, they're doing it on your watch).

Why are your best people doing this?

You're paying them a good wage, they are not at risk of losing their job, and they are highly regarded by their immediate manager.

Once again, why then are your best people going on-line to see if the grass is greener elsewhere?

The primary reason your best people are continually trying to see if the grass is greener elsewhere is because you have no organized, systematic, comprehensive approach to retention that is integrated with all your other human capital systems such as hiring, compensation, recognition, succession planning, learning, professional development, performance management and performance appraisal.

Without an integrated and comprehensive RETENTION approach with specific strategies and tactics, your ability to hold on to top talent once you hire them boils down to luck.

Top talent doesn't need your job. They have plenty of opportunities. They vote quickly with their feet when their needs for learning, impact, and growth decline or disintegrate. The needs of top talent has not changed in the workforce over the last half-century since Abraham Harold Maslow published his revolutionary model of the "heirarchy of human needs" and the concept of self-actualization. Most companies DO NOT have any programs in place to help top talent reach self-actualization.

Our Retention Improvement Project will examine 8 best-practice elements that comprise an organized, systematic, and comprehensive approach to retaining top talent. Request a Custom Quote now to begin to implement the strategic programs that will allow you to retain your top talent.

Management IMPACT of a Retention Improvement Project

We'll evaluate your current culture and value statement. Are there dysfunctional areas of your culture that turn off the bulk of your work force?

We'll evaluate your methodology of translating business expectations to individual descriptions of work (the Success Factor Methodology) and help you to implement an active monthly coaching program that drives superior results throughout the organization.

We'll help you to develop a series of unique and customized non-monetary reward and recognition programs at the manager-subordinate level, team-departmental level, and company wide. Keep in mind that top performers will only perform to a standing ovation. Most companies have no significant non-monetary reward and recognition systems in place beyond the annual picnic and anniversary pins for years of service.

Finally, we'll assist you in moving away from that sadistic and arbitrary process called performance appraisals to one that is on-going performance management.

You'll see an immediate boost in recruiting better people, lowering turnover, keeping your top performers nurtured and content, eliminating the brain drain to competitors, and improving employee morale, passion, and engagement.

Testimonials for the Hiring Service: Retention Improvement Project

"We found ourselves constantly battling over a few years to keep our best people. A number of our top performers left to go and join our competitors. Some even left for less money. We discovered in exit interviews that money had nothing to do with why they were leaving. The reasons ranged from lack of opportunity and personal growth to some individuals who had lost respect for their boss. We engaged IMPACT Hiring Solutions to conduct their Retention Improvement Project for us and the results were outstanding. We now have programs in place for cultural change, personal development, structured learning, coaching, and a great non-monetary reward and recognition system."

"We're in a space that is very hard to find and keep great people. There is tremendous demand in the technical areas of web design, internet marketing, and content creation. We couldn't seem to hang onto people once they had spent a year with us. We discovered that our best people were more focused on leaving our organization rather than going to another place - they just wanted to get out of here. IMPACT Hiring Solutions helped us to create a more positive culture and specific retention management programs. Our ability to keep good people has increased substantially."

Next Steps for the Hiring Service: Retention Improvement Project

If you're frustrated by the inability to attract and retain top talent, our Retention Improvement Project will significantly improve your processes and methods of hiring and retaining great employees.

When was the last time you upgraded your retention strategies and tactics? If your answer is never or not in my lifetime, then perhaps it's time to take a fresh look at whether improvements in the ability to both attract and keep great people is required.

Many companies give lip service to the idea of "our people are our greatest asset". Yet, how many of those same companies can rattle off specific program after program that reinforces the high-sounding phrase "our people are our greatest asset"?

Move beyond the nice sounding words and public relations statements to implement specific programs that will enable you to attract and retain top talent. Along the path, you'll see a positive bottom-line impact and probably pick up an award or two for being named one of the "best places to work."

Request a Custom Quote NOW to begin your Retention Improvement Project.

Spotlight on Related Products for a Retention Improvement Project