BNET, March 30, 2011, Fenn, Donna
The recession has secured employee retention because simply put, “people have been afraid to leave the jobs.” However, that will come to an end. As the economy slowly recovers, Bob Kelleher, author of, Louder than Words 10 Practical Employee Engagement Steps that Drive Results, and President, and Founder of The Employee Engagement Group predicts turn over could be as high as 25%-30%. Research confirms his prediction, including MetLife’s 9th study of Employee Benefits Trends, “..our study reveals a workforce that has grown more dissatisfied and disloyal..where a startling 1 in 3 employees hopes to be working someplace else within 12 months.”
5 Practical Steps for Minimizing Turnover Include:
1.) Link engagement to high performance
2.) Start at the top and keep going
3.) Make communication a cornerstone of engagement
4.) Reinforce and reward the right behaviors
5.) Create a strong employment brand
