Engagement = Retention
In today's war for talent, retaining top employees is the name of the game. Yet, researchers assert that it's not a talent war; it's a new reality. Winning the war is no longer the goal; the challenge has become more significant and complex.
As a leader, the last thing you need is to lose your best employees and then go out and spend a fortune in hopes you can replace them. Studies show that having engaged employees can help minimize this problem.
We already know that it is better and less expensive to keep our talent than to search, hire, onboard, and train them.
One of the keys to avoiding this problem in the first place is being intentional about employee engagement, but of course, you already knew that.
In all my years working in corporate training and organizational management, I have found a few things that genuinely work if leaders are intentional and authentic:
Embody care, inclusion, empathy, appreciation, personal growth and development, and recognition. You set the tone and temperature in the organization. If your direct reports see these qualities in you, there's a chance they too will begin exhibiting the same with their direct reports.
Provide ongoing training opportunities across the organization, starting with your top leadership on down. Encourage goal-setting, self-assessments, continuous and real-time feedback, and regular one-on-one meetings.
Strategically use technology to drive, communicate, deliver, train in, and monitor the level of engagement in your organization.
This new reality is here to stay, but you don't have to face it alone. In the last 15 years, I have partnered with organizations in retail, telecommunications, and at two top-100 accounting firms to develop training programs and design, deploy, and monitor strategic instructional technologies to help expand employee engagement.
I have designed an all-in-one talent management platform and training courses to help organizations expand employee engagement, and I would enjoy having the opportunity to discuss how I may be of service to you.