Professional Custom Accounting Papers: Define and explain what is meant by desirable and undesirable turnover
1. Define and explain what is meant by desirable and undesirable turnover
2. List retention strategies and explain in detail what makes them effective.
3. While direct supervisors and managers are primarily responsible for addressing employee retention issues..
What vital resources do human resources personnel provide to support managers in addressing these issues?
Workforce Retention and Transition
Recruiting, Retention and Reduction in Force
Heather Keever, SPHR
Disclaimer
• Nothing in this presentation should be relied upon as legal advice. The presenter is not an attorney and the information provided is not legal advice.
• The information provided here is generic and may not apply to every situation.
• Please refer to applicable laws, statutes and regulations.
Employee Recruitment
Employer Brand
• Your reputation as an employer.
Company Culture
Employee Benefits
Employee Value
Proposition
Work Environment
Recruitment and
Selection Strategies
Compensation strategy development or changes
Improved job advertisements
Identification of new recruiting sources
Interviewing skills training
Job analysis to accurately identify needed knowledge, skills and abilities
Job redesign
Employee incentives (flexible schedules, bonus opportunities, development opportunities, etc.)
Internships
Employee referral programs
Improved Job Advertisements
Explain your organization’s mission and how the position being advertised contributes to that mission.
Realistically describe duties.
Identify special requirements (travel, working weekends, etc.)
Improved Job Advertisements
Include information that will entice applicants
Continuing education or development opportunities
Desirable work location
Available perks
Flexible scheduling
Unique benefits
Onsite daycare
Employee Incentives
Flexible Schedules
Bonus Opportunities
Development Opportunities
“Perks”
Unique Recruiting Sources
South Carolina Department of
Employment and Workforce
South Carolina Department of
Employment and Workforce
South Carolina Department of
Vocational Rehabilitation
South Carolina Department of
Vocational Rehabilitation
South Carolina Commission for
the Blind
South Carolina Commission for
the Blind
Military (former military and
spouses)
Military (former military and
spouses)
Transitional Programs (Post
Release Programs)
Transitional Programs (Post
Release Programs)
High SchoolsHigh Schools Technical SchoolsTechnical Schools Employee Referrals Employee Referrals InternshipsInternships
Niche or targeted job boards
Niche or targeted job boards
Social MediaSocial Media
Internships
• Recruit early.
• Build relationships with colleges and universities. Including technical colleges.
• Offer meaningful work assignments.
• Assign a mentor.
• Communicate – before, during and after the internship.
Retaining Employees
This Photo by Unknown Author is licensed under CC BY-NC
Desirable v. Undesirable Turnover
• Desirable Turnover: When poor or marginal performers leave an organization and can be replaced with strong performers or when new employees are hired who bring new ideas into the organization.
• Undesirable Turnover: When high performers leave an organization.
Identifying Retention Issues
• Employee Satisfaction Surveys • Leave Pattern Analysis • Review of Internal Complaints • Employee Performance Reviews • Stay Interviews • Exit Interviews • Others?
Why Do Employees
Stay?
