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.