How Healthy is your Retention Program?
When
was the last time you stepped back and took an objective look at each of the components of your retention program? Do you know what programs affect your retention rate?
Studies show that the following directly affect retention within organizations:
π Recruiting success
ποΈ Onboarding program
π€ Employee engagement
π
Employee development plan
Each of the above should be reviewed annually and updated with the latest HR trends. If your program does not stay current in the market, your retention rates may suffer. Consider adding the following to your programs:
Select a recruiting agency that is a business partner and knows your culture and your company’s strategic plan, so they can help you get there by serving as an extension of your HR function.
Design an onboarding program focused more on employee branding than paperwork.
Add surveys that focus on more than pay and benefits.
Create six-month development plans for all new hires.
Retention programs need to be managed carefully and thoroughly. If I can help you evaluate what you have in place, improve your current programs, or create something from scratch - please let me know. This is my passion and expertise and I know I can help you meet your bottom-line goals.
Christina Rever Stroud SPHR
πGroup928.com π864-334-6979 π© Christina@group928.com
