SlideShare a Scribd company logo
Logo
here
Non-Financial Incentives
Ellen Brittan/ Co-Owner/ Brittan Vineyards
Logo
here
Employee retention is one of the most important—and most
overlooked—facets of running a successful company.
Research consistently finds that retaining top talent is essential
for maintaining institutional knowledge, high morale, satisfied
customers, and sales growth.
Why is this important?
Logo
here
• Lack of clarity of expectations
• Lack of clarity about earning potential
• Lack of feedback about performance
• Failure to hold scheduled meetings
• Failure to provide a framework within which employee
perceives they can succeed
Frequent employee complaints
Logo
here
• Recognition for accomplishments
• Flexible Scheduling
• Safe and comfortable environment
• Reasonable work load
• Job cross training
Non-Financial Incentives
Logo
here
• Quarterly reviews
• Solicit ideas and feedback
• Community Service time
• Special Project opportunities
• Career Counseling/ Mentoring
Non-Financial Incentives
Logo
here
• Wine club membership
• Annual wine allocation
• Comparative/ competitive tastings
• Use of winery facilities for personal events
Non-Cash Incentives
Logo
here
• Educational Opportunities
• Professional development
• Dues for industry-related organizations (ASEV)
• Subscriptions to industry-related publications
Financial, But Cost Can Be Shared
Logo
here
Bonus Tip:
Instead of “exit” interviews, conduct “stay” interviews to find out
why employees choose to stay. Soliciting your team for insights
into what compels them to remain at the company is invaluable
for identifying the policies that are truly contributing to your
employee retention strategy and for learning if there’s any room
for improvement.
Non-Financial Incentives
Logo
here
Here’s what employee retention really boils down to:
Do you treat your employees with integrity, as if they are human beings
with their own needs, personal lives, and goals who are inherently worthy
of respect?
If the policies and practices of your company all align with that question
with a resounding “yes,” then you’re well on your way to retaining satisfied
team members for life.
IN CONCLUSION

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2019 Oregon Wine Symposium | Attract and Retain: Best HR Practices and the Oregon Wine Industry Salary Survey

  • 2. Logo here Employee retention is one of the most important—and most overlooked—facets of running a successful company. Research consistently finds that retaining top talent is essential for maintaining institutional knowledge, high morale, satisfied customers, and sales growth. Why is this important?
  • 3. Logo here • Lack of clarity of expectations • Lack of clarity about earning potential • Lack of feedback about performance • Failure to hold scheduled meetings • Failure to provide a framework within which employee perceives they can succeed Frequent employee complaints
  • 4. Logo here • Recognition for accomplishments • Flexible Scheduling • Safe and comfortable environment • Reasonable work load • Job cross training Non-Financial Incentives
  • 5. Logo here • Quarterly reviews • Solicit ideas and feedback • Community Service time • Special Project opportunities • Career Counseling/ Mentoring Non-Financial Incentives
  • 6. Logo here • Wine club membership • Annual wine allocation • Comparative/ competitive tastings • Use of winery facilities for personal events Non-Cash Incentives
  • 7. Logo here • Educational Opportunities • Professional development • Dues for industry-related organizations (ASEV) • Subscriptions to industry-related publications Financial, But Cost Can Be Shared
  • 8. Logo here Bonus Tip: Instead of “exit” interviews, conduct “stay” interviews to find out why employees choose to stay. Soliciting your team for insights into what compels them to remain at the company is invaluable for identifying the policies that are truly contributing to your employee retention strategy and for learning if there’s any room for improvement. Non-Financial Incentives
  • 9. Logo here Here’s what employee retention really boils down to: Do you treat your employees with integrity, as if they are human beings with their own needs, personal lives, and goals who are inherently worthy of respect? If the policies and practices of your company all align with that question with a resounding “yes,” then you’re well on your way to retaining satisfied team members for life. IN CONCLUSION