Employee Retention During Economic Recovery

Dave Gardner, who is a colleague of mine,  recently posted this on his blog. With his permission, I’m sharing this with you as the advice is timely for those organizations interested in retaining their top people.

Too many employees have become terribly frustrated in this current economy due to overwork, stress, lack of effective processes, poor leadership, etc.

One of my colleagues asks, “What should senior leaders do now to build engagement and ‘loyalty’ so they don’t lose their best people when market conditions change?”  Here are my thoughts:
  • Focus on the self-interest of each individual and make sure those interests are being met–help them get what they want and they’ll help you get what you want
  • Be ruthless about listening and communication
  • Remember that people leave bosses more than companies
  • Don’t be tolerant of known issues that need to be addressed
What do you think?

Dave Gardner, Gardner & Associates Consulting

http://www.gardnerandassoc.com

Lastly, it’s important to have a backup plan in case you do lose people. Now is the time to be building your employment brand so that you have a pipeline of top candidates waiting outside your door, ready to come in at a moment’s notice.

 

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Finding the right talent is hard. Finding the right talent that will prosper and stay is even harder when you do it alone.

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Finding the right talent is hard. Finding the right talent that will prosper and stay is even harder when you do it alone.

Subscribe to Roberta's Talent Maximizer® and receive weekly insights to help you hire and retain top performers. PLUS receive The Evergreen Talent® Workbook for free - a guide to help you hire and cultivate a sustainable workforce.

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