Retention strategy

One of the biggest challenges companies are facing is the attraction and retention of top performers. The World Future Society predicted that the greatest test of durability for companies in the next five years would be the ability to get and keep good people. In some industries such as the homebuilding industry there is a phenomenon of merry-go-round employees where employees jump ship within the industry and companies are recycling employees. In the finance industry the big question to a top performer is "Where did you jump from?"

One executive management client had left a specific financial institution because she was wooed by a competitor. Once there, she wasn't as happy as she thought would be and was wooed back again to the original employer. She did this back and forth thing two more times! This is very common in specific industries as the fight for good people continues. So how do we attract the top performers and second to that how do we keep them from jumping?

Here are the top five things leaders can do to attract and keep the best of the best:

1) Top talent wants to work for the top companies : create an environment
2) Build it and they will come.
3) Recognize and reward over and over again.
4) Don't take them for granted.
5) Know what the enemy does.

HAFNER CONSULTANTS will assist your organization in :