The Best-Ever Employee Retention Solution: Hold First-Line Leaders Accountable for Turnover Goals | Sessions
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Concurrent Session
The Best-Ever Employee Retention Solution: Hold First-Line Leaders Accountable for Turnover Goals
Sunday 06/23/2024 01:45 PM - 02:45 PM
Tracks: People & Talent Management, Strategic HR
Competencies: Business (Behavioral), Organization (Technical)
| Intended Audience: Senior-Level
Workplace Application:
Attendees will learn specific tactics to convert turnover and engagement from HR-alone issues to business issues that include accountabilities for first-line leaders.
CEOs speak the business language of goals, costs, and accountabilies, yet most HR executives continue to 'solve' turnover and engagement with traditional one-size-fits-all implementations like pay, benefits, and responses to engagement and exit surveys. This session includes research that first-line leaders are the greatest causes of turnover, retention, and engagement along with a specific 5-step process to move retention and engagement accountability from HR to operations executives and their management teams...where it has always belonged.
Learning Objectives:
- Learn how to partner with finance to place dollar values on employee turnover.
- Analyze data that results in establishing both new-hire and annual retention goals...and proving in most organizations that cutting new-hire turnover is the key to improving overall turnover.
- Combine costing turnover, forecasting turnover and applying other business-driven methods will lead their executives to establish first-line leader retention goals and accountabilities.
