Employee turnover spiraling out of control?

How effective is your organisation right now at attracting and retaining talent?

Let’s use a scale of 1 to 10:

1 Really ineffective
…
5 Not great but doing some things well
…
10 Really effective

Not sure yet where your organisation belongs?

We’ll give you some insight into what a ‘Highly ineffective retention organisation’ looks like – that’s a 1/10 on our scale.

So, what does a 1/10 look like? An organisation is highly ineffective at retaining talent if it…

 Loses lots of new recruits
 Loses a disproportionate % of high performers
 Loses an increasing % of all staff
 Experiences increasing grievances
 Fields increasing customer complaints
 Records increasing compliance breaches
 Sees an increase in staff sick leave
 Records increases in safety problems
 Loses staff for 70%+ ‘Push’ factors #
 Low Retention Index (our measure of intended tenure)
 Has vacancy days increasing
 Pays higher recruitment costs
 Attracts lower calibre recruits
 Faces higher wage demands
 Doesn’t know who its high value employees are
 Doesn’t have a retention strategy
 Fails to train its managers in retention skills
 Fails to make managers accountable for retention
 Doesn’t collect join/stay/quit data
 Has a negative Net Promoter Score+

Want to improve your employee turnover & effectiveness at retaining talent? We would be happy to help.

Call Retention Partners on 1300 73 8371