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 4.4 years – Average time an employee
stays in a job
 29% - Employees interested in leaving
their current job
 80% - Employees who are unsatisfied
with training, growth potential and
earnings
 Turnover Dollar Costs
› Entry level employees - 50% of annual salary
› Mid-level employees – 150% of annual salary
› High level employees – 400% of annual salary
 Lost Productivity
 Unsatisfied Clients
 Poor Morale
 Increase retention
 Implement a culture and programs that
drive engagement & retention
 Revamp the staffing process
 Conduct “Stay Interviews”
 Company-Wide Survey
› Provides candid feedback
› Identifies areas for improvement
 Pay
 Benefits
 Work/Life Balance
 Empowerment to make decisions/be creative
 HR Review of Staffing Process
› Talent acquisition in line with culture and goals
› Implement assessment methods to support
 Conduct “Stay Interviews”
› Ensure current employees are in line with
culture
› Long term strategy to ensure post survey
culture remains
 Schedule regular company meetings to
communicate

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Employee retention

  • 1.
  • 2.  4.4 years – Average time an employee stays in a job  29% - Employees interested in leaving their current job  80% - Employees who are unsatisfied with training, growth potential and earnings
  • 3.  Turnover Dollar Costs › Entry level employees - 50% of annual salary › Mid-level employees – 150% of annual salary › High level employees – 400% of annual salary  Lost Productivity  Unsatisfied Clients  Poor Morale
  • 4.  Increase retention  Implement a culture and programs that drive engagement & retention  Revamp the staffing process  Conduct “Stay Interviews”
  • 5.  Company-Wide Survey › Provides candid feedback › Identifies areas for improvement  Pay  Benefits  Work/Life Balance  Empowerment to make decisions/be creative  HR Review of Staffing Process › Talent acquisition in line with culture and goals › Implement assessment methods to support
  • 6.  Conduct “Stay Interviews” › Ensure current employees are in line with culture › Long term strategy to ensure post survey culture remains  Schedule regular company meetings to communicate