Article #22
Retention "ToolKit"
63 retention tools and tips you
can use tomorrow
By Dr. John Sullivan, Head and
Professor of Human Resource Management College of Business, San
Francisco State University
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Date: Sat, 24 Jan 1998 04:36:53 -0800
From: John Sullivan
To: HRNET@cornell.edu
Subject: Retention "ToolKit"
I was speaking at a International Institute for Research seminar last
week (they are great people) and my Retention Tool kit got a good response.
Here it is in checklist form.
Retention "ToolKit"
63 Retention Tools And Tips You Can Use Tomorrow
- Measure and reward managers (teams) for attracting, developing and
retaining the best.
- Identify and fix bad managers.
- Treat people differently (special) and tell why.
- Develop a Challenge plan for every employee. Realize employees rank
it #1.
- Do a barriers to productivity survey.
- Ask people why they stay.
- Ask them to stay, and to tell you before they considering leaving.
- Treat Hi-Pers like volunteers/ free agents/ mature adults.
- Buy CEO time for Hi-Per visits.
- Realize the relationship between attraction, motivation, Cust. Satis.
and retention.
- Calculate the cost / impact of turnover on time to market and product
development.
- Make it the most talked about topic.
- Have HR stop employees and ask them "are you challenged,
listened to & recognized."
- Use focus groups to identify issues.
- Involve head hunters and recruiters in identifying our weaknesses and
strengths.
- Appoint a retention director team. Make someone accountable.
- Buy all managers the "1001 Ways to Reward" book
- Do post-exit interviews to find out why employees "really"
leave.
- Fire Lo-Pers (low performers).
- Do forced ranking to identify Hi-Pers.
- Practice random acts of attention and recognition.
- Do an in depth analysis of the actual costs of turnover.
- Shift retention responsibility to managers and employees ("Managers
Manage").
- Stretch orientation over the first 6 weeks.
- Have a party for all new hires.
- Have their computer, Bus cards, office ready before they start.
- Ask employees who is at risk of leaving.
- Develop constructive confrontation skills among your employees.
- Measure "performance" turnover (turnover by performance
ranking).
- Institute "Part-Time" job rotations for full time employees
and short-term assignment programs.
- Ask your employees what they want (more of / less of).
- Train managers/ teams on how to retain their employees.
- Over-Communicate with your employees.
- Remember, it's hardly ever just the money.
- Do a Garage Factor / Start Up analysis (risk of leaving) on the very
best Hi-Pers.
- Develop Compelling reasons to stay.
- Excite the workers before the headhunter calls start, teach them how
to say no!
- Increase your employees "learning speed."
- Hire "cool" people.
- Place an ad thanking your employees.
- Develop internal "smoke detectors" for employee relations
problems.
- Practice Intraplacement to actively move internal candidates.
- Have employees write up "dream sheets."
- Be flexible on international retention practices (one size fits one).
- Treat employees like mature adults.
- Do a "pulse" e-mail survey to gauge retention issues.
- Do a quarterly "human asset' review (turnover = assets out the
door).
- Set outrageous goals (turnover of 0% top- and 100% of bottom
performers).
- Use headhunters to "validate" salary.
- Offer "stay on" bonuses to encourage key people to finish
projects / close plants.
- Offer referral bonuses to non-employees (suppliers, customers, etc.).
- Develop "corporate head count "fat" identifiers to
avoid morale killing layoffs.
- Remind employees on a regular basis why this is a great place to
work.
- Involve and recognize the family get the spouse to be a retention
ally.
- Create an "overdue" for recognition/ promotion list.
- Hire your competitors best recruiters away so they can't hurt you.
Involve recruiters in the long term retention of those they recruited.
- Don't pay retention bonuses unless you make them 'happy" with
their job first.
- Develop a list of corporate "traumas" (layoff, loss of CEO,
stock price drop, etc.) that are triggers to increased turnover.
- Develop lists of precursors (predictors) of emanate turnover. Leaving
early, Resume updating, completed advanced degree, rejected for
promotion.
- Increase the quality of 'first month" welcome & orientation
activities to cut frustration.
- Pre-qualify internal candidates for promotions to lessen anxiety and
turnover.
- Identify the unique needs of diverse employees and tailor programs to
make them feel needed and part of the team.
- Ask recent hires why they said yes and "turndowns" why they
said no.
© January, 1998
by Dr. John Sullivan
Click here
to email Dr. Sullivan
Head and Professor of Human Resource Management
College of Business, San Francisco State University
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Dr. Sullivan's Index
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