Now that I’ve Got Them, How Do I Keep Them?

The economy has recovered from the Pandemic but employers are still faced with the consequences of the Great Quit, demand for higher wages, and work flexibility.  Employers are facing a significant labor shortage, magnifying the consequences of employee turnover.

Description

While most companies have a healthy top-of-the-line post-pandemic, their growth is severely limited by the ability to retain talent. And, without the ability to grow the workforce, added pressures are placed on existing employees, exacerbating mental health challenges and the retention problem.

Employee Turnover is an expensive problem. It limits growth opportunities, causes stress, morale problems, customer dissatisfaction, lawsuits, and brand damage.

Compensation challenges, the demand for job flexibility, an unwillingness to “come to work”, cost of living, and other factors are driving the turnover.

In order to fight against this challenge, employers need to better understand the costs and opportunities related to turnover, have and share their compensation philosophy, consider new ways to engage employees, and more.

We Will Discuss

• The data around employee turnover.
• How to calculate the true costs of employee turnover.
• The Entrance Interview.
• The onboarding experience.
• Compensation challenges.
• How to spend money wisely when trying to engage and retain employees.
• How software programs can help.
• And much more…

Take-Away Value

• You will begin your retention efforts in the hiring and onboarding process.
• You will know what causes employee turnover.
• You will know how to calculate the cost of turnover and identify its revenue equivalency.
• You will spend money wisely on employee engagement efforts.
• You will be able to include your employees in the effort to reduce turnover.
• And, you will get a ton of tools!

All attendees receive the report Hiring and Retaining Employees in this Crazy Economy. As well as the Onboarding Checklist, Employee Entrance Interview, 60-Day New Employee Survey, Turnover Cost Calculator (excel), and Retention Program Possibilities (excel).

Who Should Attend

• HR Professionals looking to enhance their employee retention strategies.
• Managers and Team Leaders aiming to build a cohesive and motivated team.
• Business Owners seeking to create a loyal and engaged workforce.
• Anyone Responsible for Employee Engagement and retention within their organization.

Speaker(s)

Don Phin, Esq.

Don Phin is a California employment law attorney. Since leaving his litigation practice more than twenty years ago, he has consulted with hundreds of companies to help improve their employment practices. He has presented in person over 600 times to CEOs, HR, and other executives on what works in leadership and employee relations. Don has written numerous books and built HRThatWorks, an online HR compliance and strategy program, used by 3,500 companies and sold to ThinkHR in 2014. In addition to consulting and speaking, Don does executive coaching, expert testimony, and workplace investigations. Streetwise from the Bronx (you can still hear the accent), Don moved to San Diego when he was 20 to work on a tuna boat and never came back. Today Don lives in sunny Coronado, California.

CEUs

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

Credits: 1.0

Compliance Prime is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org

Credits: 1.0

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