Future of Talent Retention 2025: Understanding Why Employees Leave

Overview:

Stay/retention interviews offer a specific, targeted, and effective solution to the turnover problem.

Rather than throwing money at the problem this tactic gets at the source of the retention issues by determining why each employee is likely to stay or leave and then develops an effective plan to retain valuable employees.

This webinar provides specific and useable tools for conducting stay interviews in your company. The core of the toolkit is actual interview questions in ten key areas. This process leads to a plan of action that increases the probability of retaining valuable employees. The Retention Toolkit gets at the source of the problem and allows managers and employees to work collaboratively to create realistic plan of action.

Why you should Attend:

Talent retention has almost always been an important goal of the organization. Success of the company is built on keeping key staff, people resources, which deliver desired outcomes both in terms of "what" defines success and "how" the delivery is performed.

Three parts of talent retention:

• Hire right to begin with
• Build solid relationships understanding the employee's goals and alignment with the organization and the role
• Rewarding and supporting the employee consistent with market and future facing performance expectations

This webinar provides specific and useable tools for hiring right, conducting stay interviews, and linking upskilling with current and future talent need in your company. The core of the toolkit is actual interview questions in ten key areas. This process leads to a plan of action that increases the probability of retaining valuable employees. A Retention Toolkit gets at the source of the problem and allows managers and employees to work collaboratively to create realistic plan of action.

You will:

• Learn a system for tracking retention in relation to risk of leaving and employee performance
• Understand the real cost of turnover
• Understand the factors of why employees stay and why they leave
• Understand the cycle of a retention plan and the important metrics to measure
• Understand the link between employee satisfaction, motivation, and engagement and how it relates to stay interviews
• Learn why retention interviews are vastly superior to exit interviews
• Learn how to hold managers accountable for retention
• Learn the 5 essential communication steps in the interview process
• Understand the process of using the retention interview toolkit
• Learn how to set the stage and actually conduct an effective interview
• Receive questions linked to the 10 essential retention factors

Areas Covered in the Session:

• Participants will learn the specific steps and receive the necessary materials to conducting an effective retention interview
• Stay interviews are a proven method of decreasing turnover and increasing retention
• Turnover across the country has been increasing and is expected to continue to increase resulting in increased costs and reduced company effectiveness
• CEOs have identified employee retention as a critical business imperative and stay interviews offer a targeted and specific solution to turnover
• Stay interviews have the benefit of increasing employee motivation, engagement, development and empowerment
• Retention interviews offer a targeted process for focusing retention efforts on high impact employees
• Stay interviews identify areas of retention risk and a proactive solution for managing that risk

Who Will Benefit:

• HR Director
• Talent Acquisition Manager
• Employee Engagement Specialist
• Workforce Planning Analyst
• Chief People Officer
• Organizational Development Consultant
• Compensation and Benefits Manager
• Learning and Development Manager
• Business Owner
• Operations Director