Employee Engagement and retention Strategies: Keys to keeping star employees and Minimize Costly Employee Turnover

Duration: 90 Minutes
Consider that the direct expense of replacing a good employee may reach 50 to 60% of an employee's annual salary. Add in indirect costs and it zooms to 90 to 200% of an employee's annual salary. High employee turnover has a negative effect on employee morale and productivity. To avoid incurring the expense and stress of employee turnover, your company needs to understand and implement the best strategies to manage employee retention.
Employee Engagement
Instructor: Wesley Pruett
Product ID: 501738
Good employees effectively meet client needs and successfully achieve organizational goals. It should be a top priority to secure your most productive and valuable employees. During this informative webinar, you will learn why employees stay or leave and practical techniques you can use to retain the best employees.

Objectives of the Presentation
Upon completion of this session, you will be able to:
  • Cite factors that contribute to employee turnover
  • Identify strategies for retaining employees
  • Understand the link between leadership, employee satisfaction and turnover
  • Measure employee turnover
  • Cite three factors that contribute to employee motivation
  • Understand the priorities of the millennial generation
Why Should you Attend
Retaining staff is a concern of almost every organization. Higher than desired turnover demands considerable resources to recruiting and the problem is made worse by day-to-day staffing shortages. Improved retention is the solution to slow the turnstile of coming and going staff.

Consider that direct costs of replacing a good employee may reach 50-60% of an employee's annual salary. Add in indirect costs and it zooms to 90-200%. Retention strategies benefits employees, management, and ultimately residents.

Areas Covered
During the session you will learn:
  • Why employees stay or leave
  • How to measure turnover
  • How much money matters in employee satisfaction and motivation
  • The relationship of leadership to retention and turnover
  • How to create a workplace 'community'
  • Why recruitment and interviewing are important in managing turnover
  • How to conduct 'Stay interviews'
  • Technique for Rounding for Excellence
  • 135 ideas for reducing turnover
  • 10 steps toward great retention
  • 7 steps to giving effective recognition
  • The importance of the Losada Ratio
  • Linking benefits to retention
  • Why millennials stay or leave
  • Keys for millennial retention
Bonus
  • 135 retention strategies
  • Questions to conduct retention interviews
  • A free leadership assessment
Who will Benefit
  • HR Professional
  • Front Line Supervisors, Managers
  • HR Managers
  • Personnel responsible for employee retention
  • Employee Development
  • Leaders
  • Business Owners
  • Leaders, managers, and supervisors who have responsibility for determining and implementing retention strategies
$300
Recorded Session for one participant
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Wes Pruett is the owner of HR Advisors LLC, a consulting practice that provides service to clients who seek to align their business and employees creating successful outcomes and excellent work environments. After 20 years in senior leadership within the Mayo Health System he founded HR Advisors.

Mr. Pruett provides solutions to companies for a wide variety of HR issues including compensation, compliance, policy development, performance management, and employee relations. Mr. Pruett regularly facilitates employee training related to communication, leadership, coaching and strategic planning. He is a certified business coach credentialed by the International Coach Federation and an authorized provider of Five Behaviors of a Cohesive Team and Everything DiSC.

He earned a Masters in Healthcare Administration at the University of Minnesota Carlson School of Management and an M.S. in Psychology.
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