Tag Archives: decrease turnover

What is Your Employee Retention Strategy?

Successful business people celebrating with a high-five

Finding high quality candidates is a major concern for businesses these days.  Although we can’t change the fact that many Boomer employees are retiring or that people will leave their jobs for personal reasons, turnover can be significantly reduced by developing and implementing  employee retention strategies

Gallup’s State of the American Workforce Report gives detailed information about the relationship between employee engagement and employee retention.  Unfortunately, engagement is not increasing because many businesses and organizations are not prioritizing efforts to engage and retain their employees.

If your organization is being impacted by employee turnover and you are having a hard time filling your positions, it is essential to make engaging and retaining your employees a priority.  You can start by letting your employees know you value their contributions and gather their input as to what you can do to keep them long term.  You may also want to conduct a survey based on the engagement factors the Gallup Organization has identified as critical to employee retention.  When you make a plan to increase retention and take the steps necessary to implement this plan, you will see decreased turnover and reduce the need to fill open positions in this tight job market.

Alisa Blum & Associates helps businesses & organizations select, develop and retain top employees.  You may contact us for a complimentary consultation to discuss strategies  to retain your top talent at (503) 481-7586 or alisa@developtopemployees.com. Information about our services can be found at developtopemployees.com.

 

Are You Aware of the Impact Negative Stereotyping is Having on Millennials?

 

A recent report from Udemy, based on a survey of more than 1,000 Millennials across the U.S., found that 86 percent feel undermined by negative stereotypes in the workplace

I’ve spent many years providing training to help employees work better across generations.  Here are some ways I’ve found helpful in understanding Millennials and reducing negative stereotyping:

  1. Younger generations historically are the victims of negative stereotyping. If you are a Boomer, think back to how employers felt about your generation of hippies entering the workforce.  If you are a Gen X’er, you probably remember your generation being called  “slackers” when you entered the workforce.  You proved that you were productive employees and you will find that many young employees, if they have appropriate support, are and will become productive employees.
  2. Millennials are labeled as being too demanding when they are vocal about expressing their needs in areas such as equity, positive feedback and flexibility. Productivity and retention improve when employees feel supported and perceive they are being treated in an equitable manner. Listen to your employees and try to meet their needs.  When you can’t meet their requests, discuss the business rationale for doing so.
  3. Entitlement” is often confused with ambition.Employees from this generation may want to get promoted faster than those in older generations.  Rather than labeling them as “entitled”, they need to be given guidance about the skills needed to move to higher levels in the organization.
  4. Appreciating the unique contributions each individual makes can lessen the tendency to stereotype and enhance engagement.  Get to know your employees and determine how to leverage each individual’s strengths.

What do you think are the business costs of negative stereotyping?  What is your organization doing to address this?

I am very interested in your input on this topic.  Please feel free to leave a comment or get in touch with me here.

 

Retain Top Talent With These Three Questions

job interview-young employees

As Boomers retire and Millennials begin to dominate the workforce, it is essential for managers to retain top talent.  One of the best ways to keep top Millennial talent is to have frequent career development discussions.

Managers can initiate the career development discussion by asking their employees these three questions:

  1. In what areas of your work do you feel the most successful?
  2. What parts of your work give you the most satisfaction?
  3. What ideas do you have that would simultaneously create a career opportunity for you and increase the success of our organization?

Keep in mind that career development is a process.  Your employees will likely need time to reflect on these questions, and may need assistance to fully explore their career goals.  The manager’s role in this process is key because employees often are not likely to openly discuss their career aspirations without encouragement from their manager.   You will find that these discussions will go a long way to enhance motivation, increase productivity and reduce turnover.

Alisa Blum & Associates offers consulting, training and coaching to enhance motivation and improve productivity.  For questions about our services and schedule a free consultation, please contact Alisa at (503) 524-3470 or alisa@developtopemployees.com.