The best and brightest in any organization always have options. These options can either be inside or outside your company walls. According to research by Career Systems International, one of the top three reasons why employees stay and stay engaged in the job is opportunities to learn, grow and develop. If you help your employees grow, they stay. If you don’t, you see them leave. Unfortunately, companies that invest significant resources in recruiting and hiring the best-fit candidates often see them leave within the first two years of employment. And making it past the first two years is no promise of having a highly engaged and productive workforce. The Conference Board in its 2012 Employee Engagement Survey found that lack of career development is one of the top five factors limiting employees’ desire to stay with their organization. It’s no coincidence then why organizations are focusing on reinvesting and re-recruiting their top talent instead of looking outside to fill open positions.
In this highly interactive and engaging session, participants will learn:
The risks and rewards of reinvesting in internal talent.
Various career options for employees where up is not the only way.
Simple and practical strategies to re-recruit and re-engage employees.
12. New Boss You Like
Loss Trust in Boss
Variety in Your Work
High Level of Skills
Time to Finish Your Work
36% Pay Cut
36% Pay Raise
21% Pay Raise
19% Pay Raise
11% Pay Raise
Satisfaction Dimension Equal To:
Source: Haliwell and Huang, University of British Columbia
23. Employees are:
• 12% less likely to stay
• 13% less likely to be innovative
• 33% more likely to be frustrated with the
company‟s systems and processes
• 7% less likely to feel valued
• 6% less likely to feel recognized
Source: Sirota, „The Enthusiastic Employee‟, 2009