Retaining top talent is an art and at times can be costly. Check out these top pre & post hiring strategies to ensure you are doing all you can to be efficient & retain your top employees.
Unblocking The Main Thread Solving ANRs and Frozen Frames
Total retention pre & post hire strategies to keep your top talent
1. Total Retention:
Pre & Post Hire
Strategies to Keep
Your Top Talent
Guest Presenters: Dr. Patrick
Hauenstein & John Reynolds
OMNIview
TalentTakeaways
webinar & podcast series
5. Turnover is Expensive
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Recruitment of replacement employees
Training
Ramp-up period for new employees
Lost productivity
Interruption of operations
Customers are impacted
6. Retention Impacts Business Results
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Revenue
Earnings
Customer Satisfaction
Quality
Productivity
Safety
7. Poll Question
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To what extent is retention a key strategic focus for your organization?
9. Key Retention Solution Components…
Set Realistic
Expectations
Select for
Job &
Culture
Fit
Manager
Engagement
Onboarding/
Career
Development
Support
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Post-HirePre-Hire
10. Total Retention Solution Process Flow
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Realistic Job
Preview
Behavioral
Interview
Job/Culture Fit
Matching HIRED
Opt Out)
No No
Onboard
& IDP
Candidate
Retention
Interview
12. “Day in the Life” – Job Realities Overview
Realistic Job Preview – OPT OUT OPTION
Opt Out?
Yes – No
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• Realistic Positive and Negative “Day in
the Life” Scenarios.
• Opt Out Option for Candidate
13. Building on the Foundation of
Behavioral Interviewing
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14. Innovation - “Video Stimulus Interview”
Realistic Job Preview Video Stimulus Interview
Progress
Yes – No
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• Video Vignettes Depicting Critical
Challenges and Behavioral Requirements
• Both Intentional and Behavioral Interview
Questions
• Competency Based
15. Job and Culture Match Determination
RJP
Behavioral
Interview
Job/Culture
Match
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Job/Culture Requirements
Talent Profile
• Assessments
• Self Report
• Interview Data
OFFER/INVEST
Yes – no
16. Job Fit Matching Elements
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Background
Preferences &
Motivations
Competencies
& Technical
Skills
Experience Predispositions Mental Abilities
20. Formalized On-Boarding Process
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Orientation to systems, processes, people, etc.
Buddy System
90 Day Plan
Check-In points
Manager Involvement
21. Informed Individual Development
Planning
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Experience Map
Competency Development
Derailer Awareness
Logical Career Path
Individual Retention Factors
Monitoring/rewarding progress
22. Retention Is Built Upon Relationships
and Can Be Controlled by…Managers
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23. What is a Stay Interview?
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A periodic, structured 1 on 1 conversation between a manager
and their direct report that identifies and reinforces the factors that
drive retention for that individual employee.
5 structured, strategic questions
Approximately 20 minutes in length
Stay Plan for action items
Manager retention forecasting
24. 24Stay Interviews ARE Stay Interviews ARE NOT
A structured one-on-one
conversation
Casual discussions
Designed to build trust Only when there is a problem
About the employee About the manager
Open, candid conversations Asking for feedback at a team
meeting
Brief and focused: 20 minutes Random sessions
Conducted by managers
Include a Stay Plan for tracking
and follow-up
25. Stay Interview Best Practices
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X days after start date
Every 6 months
Conducted by direct managers
20 minute sessions
5 questions (ask probing questions - listen & take notes)
1 action item for follow-up is identified – Action Plan
26. Maximizing Organizational Impact
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Trend Analysis and Data Interpretation
Organizational Action Planning
Advanced Analytics/Integration with Other Key Metrics
27. Some Final thoughts…
Total Retention Solution requires
Pre-Hire and Post-Hire Strategies
Innovation Maximizes Results
ROI is Huge
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$ ROI $
• Reduce Turnover
• Increase Retention
• Drive New Vision
Behaviors
• Improve
Productivity
• Improve Customer
Satisfaction