Retention

Overview/Description
 Once you get those hard-to-find quality employees, the hard work of keeping them begins. During times of low unemployment, you very much want to avoid the costs of high turnover. Developing strategies to keep those valuable employees is a must and should be a part of your recruiting strategy. In this course, you will explore reasons employees leave and the many ways you can prevent most attrition from happening.

Target Audience
 Business owners, managers, human resource professionals

Expected Duration
3.0 hours

Lesson Objectives:

Managing Turnover

  • recognize the importance of retaining valuable employees.
  • match types of attrition with corresponding examples.
  • assess a recruiting scenario to determine whether the necessary steps were taken to understand an open position.
  • select examples of the types of information needed to present a job realistically to a job candidate.

    • Retention 101

  • recognize benefits of having a basic retention strategy.
  • choose examples of effective ways to use monetary compensation to retain employees.
  • choose examples of benefits to offer to retain workers.
  • select examples of recognition incentives that can be used as retention tools.
  • analyze an employment scenario to determine whether the correct steps were taken to foster an employee-company connection successfully.

    • Advanced Retention Practices

  • recognize benefits of creating good retention practices.
  • apply methods for supporting career development in a business scenario.
  • match ways of creating a positive work environment with corresponding examples.
  • apply strategies for developing strong connections with employees in a business scenario.

    • Course Number: HR0226