Track Training Tips No. 14
10 Ways to Keep Your Key Staff Happy
A recent report from Reed Consulting showed that 49% of staff left their jobs because of a lack of opportunity for personal and career development. (this applies to managers as well as to staff). Interestingly only 21% of employers saw this as the main reason people left.
Effective recruitment, selection, induction and on-going training and development will be costing you a huge amount of money. It makes business sense to look after the ones you have already invested in.
Key Steps to consider:
- Create defined career structures/pathways for progression.
- Use competency based systems for objectivity, consistency, professionalism and fairness.
- If upward movement is no longer possible think job enlargement/enrichment/stretch.
- Plan the training budget against what the business NEEDS to survive and grow and compete, not what it got last year.
- Think creatively and laterally – your competitors will be.
- Ensure that all employees are getting an annual Personal Development Review and that it includes a section on growth and development.
- Benchmark against other similar organisations. Network and share best practice.
- Ask employees for their ideas – a great untapped source of added value.
- Remember that it costs roughly £5.0k to replace someone who leaves.
- Remind ALL your managers that they are first and foremost required to MANage others – then measure them on their performance
Links to workshops:
Conducting an Effective Performance Review
For further information and business support contact Dave Chesters on 01785 823583 or take a look at our website – www.tracktrainingservices.co.uk
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