employee retention, job satisfaction, employee retention strategy, employee retention speaker, employee recognition program, employee retention article, employee retention program, employee recruitment and retention, employee retention survey, cost of employee turnover, nursing recruitment and retention, nursing recruitment retention, workforce retention, talent, talented employees, top performers, good employees, best employees, key employees, employee turnover, employee motivation, employee morale, job satisfaction, absenteeism, motivation in the workplace, talent managementEmployee Retention

Here Today, Here Tomorrow

Transforming Your Workforce from High-Turnover to High-Retention

 

GREGORY P. SMITH

 

 

Click Here for Other Employee Retention Resources


HERE TODAY, HERE TOMORROW
Transforming Your Workforce from High-Turnover to High-Retention

Employee turnover is increasing and the cost of employee turnover is expensive. Employee retention is critical. A recent survey we conducted shows 60 percent of the workforce is considering leaving their current job for another as the economy improves.

Research shows at a minimum, it costs $4-$7K to replace an hourly worker and up to $40K to replace a midlevel, salaried employee--up to 2 times the cost of their salary. The costs associated with employee turnover includes lost customers, lost business, damaged morale, and then the hard costs of time spent in screening, verifying credentials, references, interviewing, hiring and training the new employee just to get back to where you started. This expenditure of time and money does nothing to give a manager or an organization a competitive edge.

However, despite these known costs and loss of productivity, 54 percent of businesses do nothing to focus on employee retention and create a high-retention culture or reduce high employee turnover. The revolving door keeps moving – employees leave, managers interview and hire more workers allowing competitors with low turnover to focus more on productivity..

Why You Need This Information:

Successful organizations realize employee retention and talent management is integral to sustaining their leadership and growth in the marketplace. Attracting, hiring, and retaining high-caliber employees in today's labor market challenges all organizations to manage talent at all levels. Two key themes permeate this book.

First, employee retention matters. A continual effort to replace departing workers—to keep the revolving door full, instead of stopping it altogether—is bleeding organizations dry. It’s expensive to constantly replace people that turnover. The cost of attracting, recruiting, hiring, training, and getting new people up to speed is tremendously more costly as well as tremendously more wasteful than most realize.

Second, productivity and profitability is directly tied to employee retention. Studies from the Gallup organization show that employees who have an above-average attitude toward their work will generate 38 percent higher customer satisfaction scores, 22 percent higher productivity, and 27 percent higher profits for their companies.

Here Today, Here Tomorrow shows why employee retention must become a strategic issue of highest priority. It introduces the eight elements of a high-retention workplace, provides a detailed, step-by-step retention strategy and shows how to implement it. It also offers case studies and hundreds of ideas from a wide range of industries and organizations that have turned the tide on turnover creating work environments generating more satisfied and more productive individuals contributing to a healthier bottom line.


 

  • A complete employee retention strategy to follow and implement

  • Several employee recognition programs to improve motivate and reduce turnover

  • The specific leadership skills workers need and expect from their managers

  • How to design an effective new employee orientation program

  • Formulas to figure out cost of employee turnover

  • Understand the differences between the Gen X, Y, and Baby Boomer generations

  • Eight elements of a high retention workplace

  • The top benefits you must have to retain your workforce

  • How to use assessments to select and develop individuals

  • Discover many important incentives to get people to work harder and stay with you longer

  • How SAS Company keeps turnover below 4% by following six key factors

  • The role of the Performance Satisfaction Quotient (PSQ)

  • The three steps in creating meaning and purpose at work leading to employee retention

  • Assessments and profiles you can use to pinpoint and hire top talent and

  • How to improve communication in your organization

  • Employee satisfaction surveys that show why good employees quit

  • How "People Development Charts" create career ladders in your company

  • Why you need a "Bad Boss" ID program

  • Samples of idea/suggestion programs that turn employees on

  • The critical benefits working parents expect and need from their employers

  • Extra employee retention articles as free bonuses

  • and much more . . .


Testimonials

"Greg provides a comprehensive road map for not only attracting and keeping talented employees, but for motivating them to achieve a higher level of performance."

David Shadovitz
Editor-in-Chief
Human Resource Executive Magazine

"Today’s work force brings many things to the table, creative thinking, new ideas, boundless energy and some issues that have not been dealt with in the past. Continually it is made apparent that employees are not willing to follow in the footsteps of prior generations. Here Today, Here Tomorrow is an outstanding tool for learning an employee retention approach that works across generations and ensures a successful future."

Donna J. Murphy
Senior Vice President
Jefferson Bank

"Greg Smith has packed a ton of useful information into this little book.  He makes a convincing case for retaining those employees we work so hard to recruit.  No matter your organization, you can find dozens of useful ideas for treating people right and providing the benefits that matter to them.  If this book had been available years ago, many leaders could have avoided much trial and error."

 

Dr. Carl Patton

President, Georgia State University

 

"Kudos for Here Today, Here Tomorrow. If you want to know the architectural key to building and retaining a stable, quality workforce; buy this book. Easy to read…easy to implement."

 

Dave Dibble, Director of Marketing

Sunshine Companies, Inc.

 


Table of Contents

Chapter 1: Here Today….Gone Tomorrow!

 

Chapter 2: Retentionship: A New Strategy Based on Action

 

Chapter 3: Provide a Clear Sense of Direction and Purpose

 

Chapter 4: Become a Better Leader by Showing Me You Care

 

Chapter 5: Flexible Benefits Build a More Loyal and Productive Workforce

 

Chapter 6: Keep the Doorways and Pathways of Communication Open

 

Chapter 7: Create a Charged Work Environment that Energizes and Engages the Workforce

Chapter 8: Performance Management Transforms Workers to Winners

 

Chapter 9: Reward and Recognition Programs Lead to Higher Retention

 

Chapter 10: Help People Move Up or They Will Move Out

 

Chapter 11: Implementing the High-Retention Workplace

 

Appendix A: Chart Your Course Workforce Retention Survey Results

Appendix B: Individual Retention Profile

Appendix C: Awards and Recognition Resource List

 

Go here for complete chapter outline


Get these FREE Bonus Gifts For Ordering This Book Today!

BONUSES! In addition to the book your will also receive:

FREE Bonus #1 - Subscription to the Navigator newsletter including tips on leadership, retention, business growth strategies, management skills, and customer service.

FREE Bonus #2 - Report on how to reduce absenteeism and improve attendance at work.

FREE Bonus #3 - Six-page report on how to create a high performance organization.

FREE Bonus #4 - Report on the top-ten reasons employees quit their jobs. Special report for the healthcare industry.

FREE Bonus #5 - The latest six-page Job Satisfaction and Employee Retention survey on what attracts, keeps and motivates employees. (You also will get a 7-page report listing what hospitals are doing to improve retention of nurses and other critical care specialties.)

FREE Bonus #6 - Three page white paper on How to Make Work Fun

You will receive these bonuses immediately after making your purchase.

 

 

employee retention, job satisfaction, employee retention strategy, employee retention speaker, employee recognition program, employee retention article, employee retention program, employee recruitment and retention, employee retention survey, cost of employee turnover, nursing recruitment and retention, nursing recruitment retention, workforce retention, talent, talented employees, top performers, good employees, best employees, key employees, employee turnover, employee motivation, employee morale, job satisfaction, absenteeism, motivation in the workplace, talent management

Here Today Here Tomorrow

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270 pages

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0-7931-4553-8

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Here Today Here Tomorrow

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