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How you can maximize and retain the best and the brightest
Did you know that up to 38% of your managers, supervisors Oshane Ximines Jersey , and team leaders are about to leave? Monster (the premiere online job search company) has seen a 44% increase in new resume postings in the first quarter of 2004. In particular, "confidential" postings from job-seekers hiding the search from their bosses are up 13%.
Do you know who they are?
The Problem
Exit interviews by JWT Specialized Communication show that manager - employee relationships and weak communications are the top reasons for voluntary departure. When there is a gap in alignment between employees, supervisors, and the corporation Deandre Baker Jersey , you will experience a rise in costs, lowered shareholder value, and increased turnover. CEOs tell us:
o I'm concerned about losing good people.
o I don't have the time to mentor.
o My key talent is getting burned out.
o How can I help my key talent prepare for an uncertain future?
o What is the benefit of ensuring the personal success of my employees?
Through McNerney's leadership, 3M has certainly become a company that grows. Just imagine what you and your company could accomplish if your key talent knew what their unique strengths Dexter Lawrence Jersey , core values, and lifetime goals were! Are your employees' goals and strengths aligned with the corporation? Do you know what their goals and strengths are?
Consequences of Inaction
James McNerney and 3M are on to something here. By not addressing the personal growth of your employees, the consequences could be:
o People may "resign" but not quit
o If you do not recruit your employees continuously, someone else will
o You will lose the excitement of your employees' first days on the job
o Potential loss of market reputation
o Loss of shareholder value!
So how can you eliminate unwanted turnover and engage your key talent?