SlideShare a Scribd company logo
1 of 29
Recruiting and
Retaining Top Talent
Heidi Hoyt
Laura Rohde
April 21, 2015
- 2 -
OBJECTIVES
• How to assess a candidate’s motivational fit
• Understanding how company culture plays a role in hiring
and retaining top talent
• What goes into an employee retention strategy
• Importance of understanding Millennials in the workplace
• Best practices for retaining your top talent
- 3 -
Motivational Fit
• Finding the Right Person for the Job
• Questions to Ask:
 Tell me about the best job you ever had. What were your
responsibilities? Is there anything you didn't like about it?”
 Every interview, regardless of job level or type, should include
motivational fit questions
CULTURAL FIT
- 4 -
• “How things are done around here…”
• Core Values are the foundation on
which you perform work and conduct
yourselves
• Does your company have core values?
WHAT IS CULTURE?
- 5 -
BEHAVIOR
CULTURE DRIVES
• An organization’s culture, more
than any other single factor, is
responsible for influencing the
behavior of its people
• And it’s the behavior of its
people on a day-to-day basis
that most influences whether or
not the organization reaches its
goals
- 6 -
PROCESS
THE RECRUITING
• Involve your rising stars in the
recruiting process
• Identify who needs to be involved
and why
• Use behavioral assessments as a
tool in your hiring practices – such
as Birkman
- 7 -
SKILLS TRAINING
INTERVIEWING
• Need to provide training to
deliver a consistent message
with how you should be
interviewing your candidates
• Behavioral-based interviewing
is the preferred way to
interview
• Interview guides help keep you
consistent and legal
- 8 -
BONUS PROGRAM
REFERRAL
• It is everyone in your company’s
job to help find the right
candidates
• Offer an incentive for those that
refer good people
• Make sure to advertise this
program to new and tenured
employees in your company
- 9 -
A BAD HIRE
COSTS OF
Statistics courtesy of Career Builder
- 10 -
A BAD HIRE
COSTS OF
Statistics courtesy of Career Builder
- 11 -
EMPLOYEE ENGAGEMENT
Engaged
Not Engaged
Somewhat Engaged
50%
30%
20%
Statistics courtesy of Career Builder
- 12 -
STRATEGIES
EMPLOYEE RETENTION
• Coach/Mentor Programs
• Succession Planning/9 Box Tool
• Employee Development Programs
• Employee Recognition Programs
• Stay Interviews
• Know Your Employees
- 13 -
PROGRAMS
COACH OR MENTOR
• Coach
Skill development (soft skills,
technical skills)
Goal: Find success through
learning
• Mentor
Career advice/navigate
the culture
Goal: To avoid career-limiting
moves
- 14 -
SHOULD ASK
QUESTIONS YOU
• How do you feel you are progressing?
• What is your training plan?
• Any roadblocks you are facing?
• What do you need from us?
• What is your career vision?
- 15 -
POTENTIAL MATRIX
9 BOX PERFORMANCE/
- 16 -
QUOTE
“One cannot teach a man anything. One can only
enable him to learn from within himself.”
~Galileo Galilei
- 17 -
PROGRAMS
EMPLOYEE DEVELOPMENT
Provide ongoing learning and development opportunities:
• On the job training
• eLearning courses
• Classroom training
• Clear learning paths
• Leadership development programs
- 18 -
PROGRAMS
EMPLOYEE RECOGNITION
• Peer to Peer Recognition
 Notecards
 Emails
• Supervisor to Employee Recognition
 Team Meetings
 1:1 Sessions
• Company Recognition
 Company Newsletters
 Prizes
 Service Awards
- 19 -
STAY INTERVIEWS
A periodic one-on-one retention interview between a
manager and a highly valued “at-risk-of-leaving” employee
that identifies and then reinforces the factors that drive an
employee to stay
Identifies and minimizes any “triggers” that might
cause them to consider quitting
Helps you understand why employees stay, so that
those important factors can be reinforced
- 20 -
STAY INTERVIEWS
BENEFITS TO
• They stimulate the employee
• They are personalized
• They are limited to key employees
• They include actions
• Lower employee emotions
• A focus on the positive
• They are inexpensive
- 21 -
QUESTIONS TO ASK
STAY INTERVIEWS
1. What about your job makes you want jump out of bed?
2. What about your job makes you want to hit the
snooze button?
3. What are you passionate about?
4. What’s your dream job?
5. If you changed your role completely, what would you
miss the most?
6. If you won the lottery and didn’t have to work, what
would you miss?
- 22 -
QUESTIONS TO ASK
STAY INTERVIEWS
7. What did you love in your last position that you’re not
doing now?
8. What makes for a great day at work?
9. If you had a magic wand, what would be the one thing
you would change about your work, your role and your
responsibilities?
10.What do you think about on your way to work?
11.What’s bothering you most about your job?
- 23 -
WORKFORCE STATISTICS
• By 2030, the Millennials will
comprise approximately 75% of
the American Workforce
• Millennials:
Born between 1980-1995
Between the ages of 20
and 35
About 80 million Americans
in the workplace
- 24 -
MILLENNIALS
UNDERSTANDING
Characteristics
• Technically savvy but enjoys personal interaction/must
always be connected
• Ambitious/entrepreneurial
• Excels at multi-tasking
• Seeks variety/no repetitive tasks
• Self focused
- 25 -
MILLENNIALS
UNDERSTANDING
Values
• Freedom – flexible work
schedule
• Fun working environment –
work/life balance
• Immediate, ongoing, informal
feedback
• Mentoring/Education
• Growth opportunity
- 26 -
TALENT
RETAINING TOP
It is important to know:
• How to communicate with them
• How to cultivate relationships
with them
• How to connect with them –
both on a personal as well as
an organizational level
- 27 -
CONCLUSION
• How to assess a candidate’s motivational fit
• Understanding how company culture plays a role in hiring
and retaining top talent
• What goes into an employee retention strategy
• Importance of understanding Millennials in the workplace
• Best practices for retaining your top talent
- 28 -
QUESTIONS?
Heidi Hoyt
Managing Director
Professional Staffing
hhoyt@skodaminotti.com
Laura Rohde
Director
Human Resources
lrohde@skodaminotti.com
- 29 -
Skoda Minotti CPAs,
Business & Financial Advisors
440-449-6800
skodaminotti.com
THANK YOU
Linkedin.com/company/skoda-minotti
Twitter.com/SkodaMinotti
Facebook.com/SkodaMinotti

More Related Content

What's hot

Recruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationRecruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationAndrew Schwartz
 
Improving the candidate experience
Improving the  candidate experience Improving the  candidate experience
Improving the candidate experience Dr. John Sullivan
 
HR for Student Activities | Recruitment and Selection Workshop
HR for Student Activities | Recruitment and Selection Workshop HR for Student Activities | Recruitment and Selection Workshop
HR for Student Activities | Recruitment and Selection Workshop Mohamed El-Baroudi
 
Interviewing Skills for Hiring Managers
Interviewing Skills for Hiring ManagersInterviewing Skills for Hiring Managers
Interviewing Skills for Hiring Managerskvokacek
 
Employer branding 101 power point
Employer branding 101 power pointEmployer branding 101 power point
Employer branding 101 power pointShawn Rogers
 
Sourcing talent as key recruiting differentiator part 1 A
Sourcing talent  as key recruiting differentiator part 1 A   Sourcing talent  as key recruiting differentiator part 1 A
Sourcing talent as key recruiting differentiator part 1 A Alexander Crépin
 
Google's Project Oxygen
Google's Project OxygenGoogle's Project Oxygen
Google's Project Oxygencheenuc
 
Creating a Sourcing Function
Creating a Sourcing FunctionCreating a Sourcing Function
Creating a Sourcing Functioncjparker
 
Employee Retention: Key Ways to Retain Your Top Talent
Employee Retention: Key Ways to Retain Your Top TalentEmployee Retention: Key Ways to Retain Your Top Talent
Employee Retention: Key Ways to Retain Your Top TalentKaufman Global
 
ARTIFICIAL INTELLIGENCE IN HR
ARTIFICIAL INTELLIGENCE IN HR ARTIFICIAL INTELLIGENCE IN HR
ARTIFICIAL INTELLIGENCE IN HR RachiPandya
 
Recruitment and selection
Recruitment and selectionRecruitment and selection
Recruitment and selectionyasirnaqvi83
 
Apple Talent Management Strategy
Apple Talent Management StrategyApple Talent Management Strategy
Apple Talent Management StrategyManojaKalaga
 
Strategic Talent Acquisition Re-engineering
Strategic Talent Acquisition Re-engineeringStrategic Talent Acquisition Re-engineering
Strategic Talent Acquisition Re-engineeringDan Medlin
 
Talent Acquisition Strategy
Talent Acquisition StrategyTalent Acquisition Strategy
Talent Acquisition StrategyMartinmcdermott
 

What's hot (20)

Recruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationRecruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentation
 
Hr recruitment
Hr recruitmentHr recruitment
Hr recruitment
 
Onboarding
OnboardingOnboarding
Onboarding
 
Improving the candidate experience
Improving the  candidate experience Improving the  candidate experience
Improving the candidate experience
 
HR for Student Activities | Recruitment and Selection Workshop
HR for Student Activities | Recruitment and Selection Workshop HR for Student Activities | Recruitment and Selection Workshop
HR for Student Activities | Recruitment and Selection Workshop
 
Interviewing Skills for Hiring Managers
Interviewing Skills for Hiring ManagersInterviewing Skills for Hiring Managers
Interviewing Skills for Hiring Managers
 
Talent Acquisition
Talent AcquisitionTalent Acquisition
Talent Acquisition
 
Employer branding 101 power point
Employer branding 101 power pointEmployer branding 101 power point
Employer branding 101 power point
 
E recruitment
E recruitmentE recruitment
E recruitment
 
Sourcing talent as key recruiting differentiator part 1 A
Sourcing talent  as key recruiting differentiator part 1 A   Sourcing talent  as key recruiting differentiator part 1 A
Sourcing talent as key recruiting differentiator part 1 A
 
Google's Project Oxygen
Google's Project OxygenGoogle's Project Oxygen
Google's Project Oxygen
 
Creating a Sourcing Function
Creating a Sourcing FunctionCreating a Sourcing Function
Creating a Sourcing Function
 
Employee Retention: Key Ways to Retain Your Top Talent
Employee Retention: Key Ways to Retain Your Top TalentEmployee Retention: Key Ways to Retain Your Top Talent
Employee Retention: Key Ways to Retain Your Top Talent
 
ARTIFICIAL INTELLIGENCE IN HR
ARTIFICIAL INTELLIGENCE IN HR ARTIFICIAL INTELLIGENCE IN HR
ARTIFICIAL INTELLIGENCE IN HR
 
Talent management
Talent managementTalent management
Talent management
 
Recruitment and selection
Recruitment and selectionRecruitment and selection
Recruitment and selection
 
Apple Talent Management Strategy
Apple Talent Management StrategyApple Talent Management Strategy
Apple Talent Management Strategy
 
Strategic Talent Acquisition Re-engineering
Strategic Talent Acquisition Re-engineeringStrategic Talent Acquisition Re-engineering
Strategic Talent Acquisition Re-engineering
 
Talent Acquisition Strategy
Talent Acquisition StrategyTalent Acquisition Strategy
Talent Acquisition Strategy
 
Talent management
Talent managementTalent management
Talent management
 

Viewers also liked

Meaning of goals ,aims and objectives
Meaning of goals ,aims and objectivesMeaning of goals ,aims and objectives
Meaning of goals ,aims and objectivesDr.Sanjeev Kumar
 
Hiring Legally - Best Practices
Hiring Legally - Best PracticesHiring Legally - Best Practices
Hiring Legally - Best PracticesCorey Hookstra
 
Maacc meeting jan 17_13_final
Maacc meeting jan 17_13_finalMaacc meeting jan 17_13_final
Maacc meeting jan 17_13_finalEvy Engrav-Lano
 
Building a Great School Faculty
Building a Great School FacultyBuilding a Great School Faculty
Building a Great School FacultyPeter Gow
 
Presentation on Common Size statement
Presentation on Common Size statement Presentation on Common Size statement
Presentation on Common Size statement Marria Pirwani
 
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013Rohan Verma
 
Comparitive and common size
Comparitive and common sizeComparitive and common size
Comparitive and common sizeJaswinder Singh
 
Teacher training ppt
Teacher training pptTeacher training ppt
Teacher training pptTkelly1987
 
9 box matrix
9 box matrix9 box matrix
9 box matrixshakib362
 

Viewers also liked (12)

Meaning of goals ,aims and objectives
Meaning of goals ,aims and objectivesMeaning of goals ,aims and objectives
Meaning of goals ,aims and objectives
 
Hiring Legally - Best Practices
Hiring Legally - Best PracticesHiring Legally - Best Practices
Hiring Legally - Best Practices
 
Maacc meeting jan 17_13_final
Maacc meeting jan 17_13_finalMaacc meeting jan 17_13_final
Maacc meeting jan 17_13_final
 
Building a Great School Faculty
Building a Great School FacultyBuilding a Great School Faculty
Building a Great School Faculty
 
Presentation on Common Size statement
Presentation on Common Size statement Presentation on Common Size statement
Presentation on Common Size statement
 
Common Size Analysis
Common Size AnalysisCommon Size Analysis
Common Size Analysis
 
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013
LinkedIn Publisher Offerings - InShare / LinkedIn Today - Jan 2013
 
Comparitive and common size
Comparitive and common sizeComparitive and common size
Comparitive and common size
 
Teacher training
Teacher trainingTeacher training
Teacher training
 
Retaining walls
Retaining wallsRetaining walls
Retaining walls
 
Teacher training ppt
Teacher training pptTeacher training ppt
Teacher training ppt
 
9 box matrix
9 box matrix9 box matrix
9 box matrix
 

Similar to Recruiting & Retaining Top Talent

Technical Communication
Technical CommunicationTechnical Communication
Technical CommunicationJyoti Bhardwaj
 
Creating Inspired Workplaces
Creating Inspired WorkplacesCreating Inspired Workplaces
Creating Inspired WorkplacesSkoda Minotti
 
Creating Inspired Workplaces
Creating Inspired WorkplacesCreating Inspired Workplaces
Creating Inspired WorkplacesBrandon Ferris
 
Top Trends in Talent You Can't Miss.pdf
Top Trends in Talent You Can't Miss.pdfTop Trends in Talent You Can't Miss.pdf
Top Trends in Talent You Can't Miss.pdfAggregage
 
Talent Management - Bridging the Generation Gap - NABA Keynote 2015
Talent Management - Bridging the Generation Gap - NABA Keynote 2015Talent Management - Bridging the Generation Gap - NABA Keynote 2015
Talent Management - Bridging the Generation Gap - NABA Keynote 2015Tom Hood, CPA,CITP,CGMA
 
MAG Learning Week - Roshan Thiran Presentation
MAG Learning Week - Roshan Thiran PresentationMAG Learning Week - Roshan Thiran Presentation
MAG Learning Week - Roshan Thiran PresentationRoshan Thiran
 
ABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top TalentABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top TalentSkoda Minotti
 
Recruiting, Developing and Retaining Millennials in Government
Recruiting, Developing and Retaining Millennials in GovernmentRecruiting, Developing and Retaining Millennials in Government
Recruiting, Developing and Retaining Millennials in GovernmentLinkedIn Talent Solutions
 
Execution - The Discipline of getting things done
Execution - The Discipline of getting things doneExecution - The Discipline of getting things done
Execution - The Discipline of getting things doneSathish Kumar P
 
The Role of the HR Professional in Creating a High-Performance Organisation
The Role of the HR Professional in Creating a High-Performance OrganisationThe Role of the HR Professional in Creating a High-Performance Organisation
The Role of the HR Professional in Creating a High-Performance OrganisationThe HR Observer
 
Candidate DNA: What Makes Candidates Tick?
Candidate DNA: What Makes Candidates Tick?Candidate DNA: What Makes Candidates Tick?
Candidate DNA: What Makes Candidates Tick?Qualigence
 
Recruiting and Retaining Top Talent
Recruiting and Retaining Top TalentRecruiting and Retaining Top Talent
Recruiting and Retaining Top TalentSkoda Minotti
 
Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1 Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1 amandajune
 
What Do Generations Y And Zers Want
What Do Generations Y And Zers WantWhat Do Generations Y And Zers Want
What Do Generations Y And Zers WantBrendaBlunt
 
15 questions great job candidates ask
15 questions great job candidates ask15 questions great job candidates ask
15 questions great job candidates askPeggy McKee
 
SPLASH-Spring12
SPLASH-Spring12SPLASH-Spring12
SPLASH-Spring12secrockett
 
Developing career plan introduction
Developing career plan introductionDeveloping career plan introduction
Developing career plan introductionSteve Saffhill
 

Similar to Recruiting & Retaining Top Talent (20)

Pump up your talent pipeline
Pump up your talent pipelinePump up your talent pipeline
Pump up your talent pipeline
 
Technical Communication
Technical CommunicationTechnical Communication
Technical Communication
 
Creating Inspired Workplaces
Creating Inspired WorkplacesCreating Inspired Workplaces
Creating Inspired Workplaces
 
Creating Inspired Workplaces
Creating Inspired WorkplacesCreating Inspired Workplaces
Creating Inspired Workplaces
 
Top Trends in Talent You Can't Miss.pdf
Top Trends in Talent You Can't Miss.pdfTop Trends in Talent You Can't Miss.pdf
Top Trends in Talent You Can't Miss.pdf
 
Talent Management - Bridging the Generation Gap - NABA Keynote 2015
Talent Management - Bridging the Generation Gap - NABA Keynote 2015Talent Management - Bridging the Generation Gap - NABA Keynote 2015
Talent Management - Bridging the Generation Gap - NABA Keynote 2015
 
MAG Learning Week - Roshan Thiran Presentation
MAG Learning Week - Roshan Thiran PresentationMAG Learning Week - Roshan Thiran Presentation
MAG Learning Week - Roshan Thiran Presentation
 
ABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top TalentABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top Talent
 
Recruiting, Developing and Retaining Millennials in Government
Recruiting, Developing and Retaining Millennials in GovernmentRecruiting, Developing and Retaining Millennials in Government
Recruiting, Developing and Retaining Millennials in Government
 
Execution - The Discipline of getting things done
Execution - The Discipline of getting things doneExecution - The Discipline of getting things done
Execution - The Discipline of getting things done
 
The Role of the HR Professional in Creating a High-Performance Organisation
The Role of the HR Professional in Creating a High-Performance OrganisationThe Role of the HR Professional in Creating a High-Performance Organisation
The Role of the HR Professional in Creating a High-Performance Organisation
 
Candidate DNA: What Makes Candidates Tick?
Candidate DNA: What Makes Candidates Tick?Candidate DNA: What Makes Candidates Tick?
Candidate DNA: What Makes Candidates Tick?
 
Recruiting and Retaining Top Talent
Recruiting and Retaining Top TalentRecruiting and Retaining Top Talent
Recruiting and Retaining Top Talent
 
Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1 Bg ILM L5 award L&M day 1
Bg ILM L5 award L&M day 1
 
What Do Generations Y And Zers Want
What Do Generations Y And Zers WantWhat Do Generations Y And Zers Want
What Do Generations Y And Zers Want
 
15 questions great job candidates ask
15 questions great job candidates ask15 questions great job candidates ask
15 questions great job candidates ask
 
Rekindling1
Rekindling1Rekindling1
Rekindling1
 
SPLASH-Spring12
SPLASH-Spring12SPLASH-Spring12
SPLASH-Spring12
 
Why asking why is so important for organisational improvement
Why asking why is so important for organisational improvementWhy asking why is so important for organisational improvement
Why asking why is so important for organisational improvement
 
Developing career plan introduction
Developing career plan introductionDeveloping career plan introduction
Developing career plan introduction
 

More from Skoda Minotti

Navigating Tomorrow's Tax Landscape - 2020
Navigating Tomorrow's Tax Landscape - 2020Navigating Tomorrow's Tax Landscape - 2020
Navigating Tomorrow's Tax Landscape - 2020Skoda Minotti
 
Elevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesElevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesSkoda Minotti
 
Elevate 2019: Financial Professional Slides
Elevate 2019: Financial Professional SlidesElevate 2019: Financial Professional Slides
Elevate 2019: Financial Professional SlidesSkoda Minotti
 
Smart Manufacturing Workshop: An Interactive Improv Session
Smart Manufacturing Workshop: An Interactive Improv SessionSmart Manufacturing Workshop: An Interactive Improv Session
Smart Manufacturing Workshop: An Interactive Improv SessionSkoda Minotti
 
Navigating the Tax and Accounting Implications of Cryptocurrencies
Navigating the Tax and Accounting Implications of CryptocurrenciesNavigating the Tax and Accounting Implications of Cryptocurrencies
Navigating the Tax and Accounting Implications of CryptocurrenciesSkoda Minotti
 
Performance and Rewards
Performance and RewardsPerformance and Rewards
Performance and RewardsSkoda Minotti
 
Non-Qualified Deferred Compensation Programs for Private Companies
Non-Qualified Deferred Compensation Programs for Private CompaniesNon-Qualified Deferred Compensation Programs for Private Companies
Non-Qualified Deferred Compensation Programs for Private CompaniesSkoda Minotti
 
ABC Presents: Interviewing Skills
ABC Presents: Interviewing SkillsABC Presents: Interviewing Skills
ABC Presents: Interviewing SkillsSkoda Minotti
 
Valuation Issues in Developing and Executing Buy-Sell Agreements
Valuation Issues in Developing and Executing Buy-Sell AgreementsValuation Issues in Developing and Executing Buy-Sell Agreements
Valuation Issues in Developing and Executing Buy-Sell AgreementsSkoda Minotti
 
State and Local Tax Nexus Issues and the Impact on Mergers and Acquisitions
State and Local Tax Nexus Issues and the Impact on Mergers and AcquisitionsState and Local Tax Nexus Issues and the Impact on Mergers and Acquisitions
State and Local Tax Nexus Issues and the Impact on Mergers and AcquisitionsSkoda Minotti
 
Future-Proofing Your Business with Technology
Future-Proofing Your Business with TechnologyFuture-Proofing Your Business with Technology
Future-Proofing Your Business with TechnologySkoda Minotti
 
Manufacturing in Northeast Ohio: Where We Stand, Where We’re Headed
Manufacturing in Northeast Ohio: Where We Stand, Where We’re HeadedManufacturing in Northeast Ohio: Where We Stand, Where We’re Headed
Manufacturing in Northeast Ohio: Where We Stand, Where We’re HeadedSkoda Minotti
 
New Ohio Cybersecurity Law Requirements
New Ohio Cybersecurity Law RequirementsNew Ohio Cybersecurity Law Requirements
New Ohio Cybersecurity Law RequirementsSkoda Minotti
 
Understanding Medicare
Understanding MedicareUnderstanding Medicare
Understanding MedicareSkoda Minotti
 
Five Digital Marketing Trends Your Company Needs to Know in 2019
Five Digital Marketing Trends Your Company Needs to Know in 2019Five Digital Marketing Trends Your Company Needs to Know in 2019
Five Digital Marketing Trends Your Company Needs to Know in 2019Skoda Minotti
 
Business Valuation Basics
Business Valuation BasicsBusiness Valuation Basics
Business Valuation BasicsSkoda Minotti
 
The Importance of State and Local Tax Nexus
The Importance of State and Local Tax NexusThe Importance of State and Local Tax Nexus
The Importance of State and Local Tax NexusSkoda Minotti
 
Using a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersUsing a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersSkoda Minotti
 
Navigating Tomorrow's Tax Landscape
Navigating Tomorrow's Tax LandscapeNavigating Tomorrow's Tax Landscape
Navigating Tomorrow's Tax LandscapeSkoda Minotti
 

More from Skoda Minotti (20)

Navigating Tomorrow's Tax Landscape - 2020
Navigating Tomorrow's Tax Landscape - 2020Navigating Tomorrow's Tax Landscape - 2020
Navigating Tomorrow's Tax Landscape - 2020
 
Elevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesElevate 2019: Business Leader Slides
Elevate 2019: Business Leader Slides
 
Elevate 2019: Financial Professional Slides
Elevate 2019: Financial Professional SlidesElevate 2019: Financial Professional Slides
Elevate 2019: Financial Professional Slides
 
Smart Manufacturing Workshop: An Interactive Improv Session
Smart Manufacturing Workshop: An Interactive Improv SessionSmart Manufacturing Workshop: An Interactive Improv Session
Smart Manufacturing Workshop: An Interactive Improv Session
 
Managing Risk
Managing RiskManaging Risk
Managing Risk
 
Navigating the Tax and Accounting Implications of Cryptocurrencies
Navigating the Tax and Accounting Implications of CryptocurrenciesNavigating the Tax and Accounting Implications of Cryptocurrencies
Navigating the Tax and Accounting Implications of Cryptocurrencies
 
Performance and Rewards
Performance and RewardsPerformance and Rewards
Performance and Rewards
 
Non-Qualified Deferred Compensation Programs for Private Companies
Non-Qualified Deferred Compensation Programs for Private CompaniesNon-Qualified Deferred Compensation Programs for Private Companies
Non-Qualified Deferred Compensation Programs for Private Companies
 
ABC Presents: Interviewing Skills
ABC Presents: Interviewing SkillsABC Presents: Interviewing Skills
ABC Presents: Interviewing Skills
 
Valuation Issues in Developing and Executing Buy-Sell Agreements
Valuation Issues in Developing and Executing Buy-Sell AgreementsValuation Issues in Developing and Executing Buy-Sell Agreements
Valuation Issues in Developing and Executing Buy-Sell Agreements
 
State and Local Tax Nexus Issues and the Impact on Mergers and Acquisitions
State and Local Tax Nexus Issues and the Impact on Mergers and AcquisitionsState and Local Tax Nexus Issues and the Impact on Mergers and Acquisitions
State and Local Tax Nexus Issues and the Impact on Mergers and Acquisitions
 
Future-Proofing Your Business with Technology
Future-Proofing Your Business with TechnologyFuture-Proofing Your Business with Technology
Future-Proofing Your Business with Technology
 
Manufacturing in Northeast Ohio: Where We Stand, Where We’re Headed
Manufacturing in Northeast Ohio: Where We Stand, Where We’re HeadedManufacturing in Northeast Ohio: Where We Stand, Where We’re Headed
Manufacturing in Northeast Ohio: Where We Stand, Where We’re Headed
 
New Ohio Cybersecurity Law Requirements
New Ohio Cybersecurity Law RequirementsNew Ohio Cybersecurity Law Requirements
New Ohio Cybersecurity Law Requirements
 
Understanding Medicare
Understanding MedicareUnderstanding Medicare
Understanding Medicare
 
Five Digital Marketing Trends Your Company Needs to Know in 2019
Five Digital Marketing Trends Your Company Needs to Know in 2019Five Digital Marketing Trends Your Company Needs to Know in 2019
Five Digital Marketing Trends Your Company Needs to Know in 2019
 
Business Valuation Basics
Business Valuation BasicsBusiness Valuation Basics
Business Valuation Basics
 
The Importance of State and Local Tax Nexus
The Importance of State and Local Tax NexusThe Importance of State and Local Tax Nexus
The Importance of State and Local Tax Nexus
 
Using a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersUsing a Forensic CPA for Lawyers
Using a Forensic CPA for Lawyers
 
Navigating Tomorrow's Tax Landscape
Navigating Tomorrow's Tax LandscapeNavigating Tomorrow's Tax Landscape
Navigating Tomorrow's Tax Landscape
 

Recently uploaded

MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 

Recently uploaded (20)

MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 

Recruiting & Retaining Top Talent

  • 1. Recruiting and Retaining Top Talent Heidi Hoyt Laura Rohde April 21, 2015
  • 2. - 2 - OBJECTIVES • How to assess a candidate’s motivational fit • Understanding how company culture plays a role in hiring and retaining top talent • What goes into an employee retention strategy • Importance of understanding Millennials in the workplace • Best practices for retaining your top talent
  • 3. - 3 - Motivational Fit • Finding the Right Person for the Job • Questions to Ask:  Tell me about the best job you ever had. What were your responsibilities? Is there anything you didn't like about it?”  Every interview, regardless of job level or type, should include motivational fit questions CULTURAL FIT
  • 4. - 4 - • “How things are done around here…” • Core Values are the foundation on which you perform work and conduct yourselves • Does your company have core values? WHAT IS CULTURE?
  • 5. - 5 - BEHAVIOR CULTURE DRIVES • An organization’s culture, more than any other single factor, is responsible for influencing the behavior of its people • And it’s the behavior of its people on a day-to-day basis that most influences whether or not the organization reaches its goals
  • 6. - 6 - PROCESS THE RECRUITING • Involve your rising stars in the recruiting process • Identify who needs to be involved and why • Use behavioral assessments as a tool in your hiring practices – such as Birkman
  • 7. - 7 - SKILLS TRAINING INTERVIEWING • Need to provide training to deliver a consistent message with how you should be interviewing your candidates • Behavioral-based interviewing is the preferred way to interview • Interview guides help keep you consistent and legal
  • 8. - 8 - BONUS PROGRAM REFERRAL • It is everyone in your company’s job to help find the right candidates • Offer an incentive for those that refer good people • Make sure to advertise this program to new and tenured employees in your company
  • 9. - 9 - A BAD HIRE COSTS OF Statistics courtesy of Career Builder
  • 10. - 10 - A BAD HIRE COSTS OF Statistics courtesy of Career Builder
  • 11. - 11 - EMPLOYEE ENGAGEMENT Engaged Not Engaged Somewhat Engaged 50% 30% 20% Statistics courtesy of Career Builder
  • 12. - 12 - STRATEGIES EMPLOYEE RETENTION • Coach/Mentor Programs • Succession Planning/9 Box Tool • Employee Development Programs • Employee Recognition Programs • Stay Interviews • Know Your Employees
  • 13. - 13 - PROGRAMS COACH OR MENTOR • Coach Skill development (soft skills, technical skills) Goal: Find success through learning • Mentor Career advice/navigate the culture Goal: To avoid career-limiting moves
  • 14. - 14 - SHOULD ASK QUESTIONS YOU • How do you feel you are progressing? • What is your training plan? • Any roadblocks you are facing? • What do you need from us? • What is your career vision?
  • 15. - 15 - POTENTIAL MATRIX 9 BOX PERFORMANCE/
  • 16. - 16 - QUOTE “One cannot teach a man anything. One can only enable him to learn from within himself.” ~Galileo Galilei
  • 17. - 17 - PROGRAMS EMPLOYEE DEVELOPMENT Provide ongoing learning and development opportunities: • On the job training • eLearning courses • Classroom training • Clear learning paths • Leadership development programs
  • 18. - 18 - PROGRAMS EMPLOYEE RECOGNITION • Peer to Peer Recognition  Notecards  Emails • Supervisor to Employee Recognition  Team Meetings  1:1 Sessions • Company Recognition  Company Newsletters  Prizes  Service Awards
  • 19. - 19 - STAY INTERVIEWS A periodic one-on-one retention interview between a manager and a highly valued “at-risk-of-leaving” employee that identifies and then reinforces the factors that drive an employee to stay Identifies and minimizes any “triggers” that might cause them to consider quitting Helps you understand why employees stay, so that those important factors can be reinforced
  • 20. - 20 - STAY INTERVIEWS BENEFITS TO • They stimulate the employee • They are personalized • They are limited to key employees • They include actions • Lower employee emotions • A focus on the positive • They are inexpensive
  • 21. - 21 - QUESTIONS TO ASK STAY INTERVIEWS 1. What about your job makes you want jump out of bed? 2. What about your job makes you want to hit the snooze button? 3. What are you passionate about? 4. What’s your dream job? 5. If you changed your role completely, what would you miss the most? 6. If you won the lottery and didn’t have to work, what would you miss?
  • 22. - 22 - QUESTIONS TO ASK STAY INTERVIEWS 7. What did you love in your last position that you’re not doing now? 8. What makes for a great day at work? 9. If you had a magic wand, what would be the one thing you would change about your work, your role and your responsibilities? 10.What do you think about on your way to work? 11.What’s bothering you most about your job?
  • 23. - 23 - WORKFORCE STATISTICS • By 2030, the Millennials will comprise approximately 75% of the American Workforce • Millennials: Born between 1980-1995 Between the ages of 20 and 35 About 80 million Americans in the workplace
  • 24. - 24 - MILLENNIALS UNDERSTANDING Characteristics • Technically savvy but enjoys personal interaction/must always be connected • Ambitious/entrepreneurial • Excels at multi-tasking • Seeks variety/no repetitive tasks • Self focused
  • 25. - 25 - MILLENNIALS UNDERSTANDING Values • Freedom – flexible work schedule • Fun working environment – work/life balance • Immediate, ongoing, informal feedback • Mentoring/Education • Growth opportunity
  • 26. - 26 - TALENT RETAINING TOP It is important to know: • How to communicate with them • How to cultivate relationships with them • How to connect with them – both on a personal as well as an organizational level
  • 27. - 27 - CONCLUSION • How to assess a candidate’s motivational fit • Understanding how company culture plays a role in hiring and retaining top talent • What goes into an employee retention strategy • Importance of understanding Millennials in the workplace • Best practices for retaining your top talent
  • 28. - 28 - QUESTIONS? Heidi Hoyt Managing Director Professional Staffing hhoyt@skodaminotti.com Laura Rohde Director Human Resources lrohde@skodaminotti.com
  • 29. - 29 - Skoda Minotti CPAs, Business & Financial Advisors 440-449-6800 skodaminotti.com THANK YOU Linkedin.com/company/skoda-minotti Twitter.com/SkodaMinotti Facebook.com/SkodaMinotti