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Upping your employee retention rates

employee retentionRetaining your employees is one of the most important duties of HR, but also one of the toughest. Up your employee retention rates with the talent saving strategies found in this week’s roundup.

  • Why Creating Shared Value Is Vital For Winning The War For Talent Forbes: “To attract the most talented Millennials, your business has to become serious about its role in society. While CSR (Corporate Social Responsibility) efforts and corporate philanthropy will go some way to stay in the talent game, truly visionary leaders and managers have a new strategic opportunity at their disposal: the creation of shared value, an idea that goes beyond CSR to more to the heart of a business.”
  • How To Avoid Employee Poaching Blogging4Jobs: “The employee has had enough of the disrespect in the workplace, their cups have overflowed and they are leaving in droves to find a company that cultivates and nurtures respect in the workplace.  If you are serious about your talent retention in 2014, I would really start with a little R-E-S-P-E-C-T of your employees and the retention rates will increase significantly.”
  • The 5 Keys to Creating a Meaningful, Productive Work Experience TLNT: “Another vital part of the meaningful work concept is being free to make more decisions about how, when, and where we work. In order to provide opportunities for meaningful work, employers should celebrate the uniqueness and individuality of each of their employees and allow them to express this through their work at every possible opportunity.”
  • 3 Interview Questions that Will Improve Retention Rates Peoplefluent:‘Are you able to learn and produce in a fluid work environment, or do you perform better with concrete practices and processes?’ This was a surprisingly big one for turnover. When companies constantly switch out managers, department names, or even desk positions, it can really affect the turnover rate. This question allows candidates to be honest about the type of environment that they can thrive in. The question is posed in a way that doesn’t lead the candidate to tell the interviewer what they think they want to hear.”
  • The Definitive Miley Cyrus Guide to HR Fistful of Talent:“Track 9 is obviously about training and development. We make so many mistakes in T&D. Most of all, we fail because we don’t invest in enough training. It’s weird; we think training increases the odds employees will leave us. Not so. It helps them love us. Train, yo. Track 10 is about retaining top talent. Turns out, pimpin’ ain’t easy. The number one job in HR is retaining top talent… it’s also, coincidentally enough, the hardest job in HR.”

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