Thursday, September 09, 2010
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Training, Development and Retention

Employee retention is a key challenge in organizations today. This section includes tips, articles, tools and ideas to learn employee retention strategies that will help you retain your best staff.

Boomerang Employees: Hiring Backwards

Hiring a boomerang employee has one of the highest returns on recruiting investment an employer can ask for. The cost to re-hire a boomerang employee has been reported to be 1/3 to 2/3 the cost of hiring a “virgin” employee. 

Just a few years ago, using the axiom “time heals all wounds” and boomerang worker in the same sentence would seem so… contradictory. 

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Should you hire a coach?

Over the past 20 years or so, the field of coaching seems to have exploded. There are business coaches, executive coaches, personal coaches, and communication coaches. Why do managers and executives hire a coach? In every aspect of life, we at times find ourselves faced with a problem that we are not capable of solving on our own. Sometimes the problem can be with household plumbing, or a toothache, or a medical condition.

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Don’t Assume Employees are Happy Just Because They Have Job. You Must Still Engage Them.

In a recent whitepaper drafted by icims, they concluded that employee engagement and retention is emerging as the greatest challenge facing leading organizations’ Talent Management initiatives.

Similar to past periods of economic instability, executives are currently focusing their attention on the financial aspects of the organization rather than the workforce.

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