A recent study has reported that employee turnover is rising and that 86% of employees are planning to look for new jobs. This alarming situation is expected to worsen over time. Moreover, over 60% of companies have reported difficulty in the recruitment of key talents. Retention is seen as one of the crucial strategy by many companies; however, most of them do not have a specific retention plan. To make matters worse, most of the retention efforts are expensive, have just a little positive effect on turnover, and are overly generic in approach.
The turnover issue can be solved through an effective, targeted and specific retention/stay interviews. This plan gets at the source of the retention problem, rather than spending money at the issue, and determines the reasons behind why an employee is likely to leave or stay, and then creates an effective plan to retain valuable employees.
In this session, our expert speaker Wesley Pruett will provide you useable and specific tools for performing stay interviews in your organization. The focus of the toolkit is actual interview questions in ten important areas. This will lead to a plan of action, which will increase the chances of retaining valuable employees. The Retention Secret focuses on the origin of the issue and helps employees and managers to work together to create an effective action plan.
You will receive a toolkit for actually conducting real stay interviews. The toolkit will contain supervisor's pre-interview form to set the stage for the interview, staff retention interview questionnaire, and a retention interview form with specific questions in 10 key areas, including an individualized retention plan for each employee. After attending this session, you will know about all the required steps and get the important materials needed for conducting a successful retention interview.
Why Stay Interviews?
Who should attend?
Anyone responsible for employee retention: leaders, managers, human resources, employee development
Wes Pruett is the owner of HR Advisors LLC, a consulting practice that provides service to clients who seek to align their business and employees, creating successful outcomes and excellent work environments. After 20 years in senior leadership within the Mayo Health System, he founded HR Advisors. Mr. Pruett provides... More info