Selasa, 16 April 2013

The Rules of Retention

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Gregory P. Smith
Lead Navigator
President
In This Issue
Greg's Speaking at SHRM Atlanta
Catch Greg at the Atlanta Society for Human Resource Management's 2013 HR Conference!

When: Tues., April 30
Time: 3 p.m.
Where: Cobb Galleria Centre

For more information click here, or call us at 800-821-2487 or 770-860-9464.
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Engaged employees stay with their employers, have higher levels of job satisfaction and make significant contributions. This FREE E-Book provides 50 easy-to-implement and practical ways to motivate and engage your workforce. Get started today!   

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Our DISC training programs  and assessments help you identify individual personality styles so you can hire the right people, reduce conflict, improve communication and unleash team performance.  

(Classes are conducted in four, 90-minute sessions)

  

Dates:

April 23, 24 

May 6, 8, 13, 15   

June 10, 12, 17, 19 

Time

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Cost:

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Your registration includes over $900 in DISC training materials!  

 

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Books On Sale!



On SALE! This book is packed with loads of practical advice , tips, case studies, suggestions, and examples that not only retain, but also engage and make your people as productive as possible

Purchase: $9.95(regularly $12.95)
PERSONAL MESSAGE FROM THE CAPTAIN OF THE SHIP      
                                   

    I talk regularly about the role of recognition and appreciation in retaining employees. Well, this month you have a perfect opportunity to honor an integral part of your office staff. National Administrative Professionals' Day is April 24th. Administrative professionals carry an increasingly complex load of responsibilities: from managing calendars, to updating websites and social media outlets, to organizing events and/or fulfilling human resource duties. Be sure to properly thank and appreciate your support staff with a gift, lunch or other surprise.

    Need to energize your workforce? As a Navigator subscriber, we'd like to give you a FREE E-Book, "Boosting Employee Engagement: 50 Ways to Motivate and Energize Your Workforce." Plus, we still have a number of training, speaking and webinar events coming up. See below for details, and mark your calendars today!

 

Helping you Chart Your Course!

 

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Gregory P. Smith

President and Lead Navigator

 

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Employee Retention Webinar
Seven Reasons Business' Fail to Retain Good Employees
Looking for simple ways you can boost employee retention? Join Greg for this FREE, fast-paced, 30-minute webinar on Thurs., April 25 at 3 p.m. Click the link to sign up!
The Rules of Retention

Employee dissatisfaction is on the rise, especially among entry-level and mid-level employees. A recent study from Dale Carnegie Training found that only 23 percent (that's one in four!) of non-management workers reported being engaged at their current job. Meanwhile, almost 70 percent of non-engaged workers said they would leave their current job for as little as a 5 percent raise in pay.

    The numbers reveal a vicious cycle where businesses try to boost profits by cutting labor costs. However, the strategy always backfires, creating a dissatisfied, unmotivated and unreliable workforce. Productivity slows, customer service falls short. All these factors can easily run a business into the ground.

    Companies that understand the importance of investing in their workforce perform better in the marketplace. Consider these examples: Tulsa-based convenience store chain QuikTrip pays its entry-level cashiers twice the national average. They also provide more than double the market average in training time for entry-level employees, and offer clear paths for advancement into management. As a result, QuikTrip spent the recession expanding with new stores and larger projects, while other low-cost retailers were closing stores and announcing layoffs.

    Another winner, supermarket chain Whole Foods Market maintains just 7 percent voluntary turnover, and receives more than one million applicants a year for its 600 average job openings. How do they do it? They pay entry level employees, cashiers, and store managers 50 percent more than market average, and offer coveted health insurance, among other perks.

    It's safe to say that QuikTrip and Whole Foods understand how to draw and retain top talent. As I learned in my years in the U.S. Army, "Take care of your people, and they'll take care of you." Keeping reading for some key guidelines for energizing your workforce through greater employee engagement and retention.

 

To finish reading this article click here!

Industry Facts and Figures

Strong and inspiring leaders equal an engaged, high-performance workforce, according to a report from CultureAmp.com, an Australian firm that studies employee behaviors. The firm polled employees from hundreds of companies in 2012, having them rank around 50 statements about what motivated them at their current job.  

    Four of the top five motivators involved how employees perceived their senior leadership, and their belief that their leaders had an inspiring vision, and strong commitment to their employees. Employees also ranked advancement opportunities and their company's reputation as top qualities driving their engagement. For more on how to motivate and inspire your workforce, click here.  

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