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Keeping hold of ‘em



by Toronto Training and HR

      February 2013
3-4     Introduction to Toronto Training and HR
           5-6     Hygiene or environmental factors
Contents   7-9     Main reasons for turnover
           10-11   Factors that affect retention
           12-14   Behaviours that make good people leave
           15-16   Drill A
           17-18   The attrition life cycle
           19-21   Effective retention strategies
           22-24   Sentence starters
           25-26   Encouraging loyalty
           29-31   Older workers
           32-35   High-potential individuals
           36-38   Top talent
           39-40   Drill B
           41-48   Sectors and locations
           49      Case studies
           50-51   Conclusion and questions

                       Page 2
Introduction




     Page 3
Introduction to Toronto Training
              and HR
Toronto Training and HR is a specialist training and
human resources consultancy headed by Timothy Holden
10 years in banking
10 years in training and human resources
Freelance practitioner since 2006
The core services provided by Toronto Training and HR
are:
              Training event design
              Training event delivery
              Reducing costs, saving time plus improving
              employee engagement and morale
              Services for job seekers
                           Page 4
Hygiene or environmental
         factors




           Page 5
Hygiene or environmental factors
             • Company policy and
               administration
             • Relationship with superior
             • Work conditions
             • Salary
             • Relationship with peers
             • Relationship with subordinates
             • Personal life
             • Security and status
             • Recognition
             • Responsibility and motivation
              Page 6
Main reasons for turnover




           Page 7
Main reasons for turnover 1 of 2
             • Employees feel the job or
               workplace is not what they
               expected
             • There is a mismatch between
               the job and the person
             • There is too little coaching and
               feedback
             • There are too few growth and
               advancement opportunities




              Page 8
Main reasons for turnover 2 of 2
             • Employees feel devalued and
               unrecognized
             • Employees feel stress from
               overwork and have a work-life
               imbalance
             • There is a loss of trust and
               confidence in senior leaders




              Page 9
Factors that affect
    retention




        Page 10
Factors that affect retention
            •    Job
            •    Culture
            •    Personal
            •    External




                Page 11
Behaviours that make
 good people leave




        Page 12
Behaviours that make good people
           leave 1 of 2
              •    Demanding
              •    Lacking patience
              •    Blowing up
              •    Criticizing
              •    Withholding praise
              •    Setting impossible deadlines
              •    Not listening
              •    Not caring
              •    Distrusting
              •    Blaming
                  Page 13
Behaviours that make good people
           leave 2 of 2
              • Breaking promises
              • Giving mostly negative
                feedback




               Page 14
Drill A




  Page 15
Drill A




  Page 16
The attrition life cycle




          Page 17
The attrition life cycle
               • Change of lifestyle and
                 environment
               • Increased expectations
                 and opportunities
               • Decreased loyalty among
                 employees




          Page 18
Effective retention
    strategies




        Page 19
Effective retention strategies 1 of 2
                     • Bottom level
                     • Middle level
                     • High level




                Page 20
Effective retention strategies 2 of 2
                     •    Employer branding
                     •    Change of hiring practices
                     •    Employee engagement
                     •    Talent management
                     •    Exit interviews




                Page 21
Sentence starters




       Page 22
Sentence starters 1 of 2
         • You really made a difference…
         • I’m impressed with…
         • You got my attention with…
         • You’re doing top quality work
           on…
         • You’re right on the mark
           with…




             Page 23
Sentence starters 2 of 2
         • One thing I enjoy most about
           you is…
         • You can be proud of yourself
           for…
         • We couldn’t have done it
           without your…
         • You’ve made my day because
           of…




          Page 24
Encouraging loyalty




        Page 25
Encouraging loyalty
       •    Offer more than just a job
       •    Appropriate compensation
       •    Empower employees
       •    Invest in learning &
            development
       •    Share the vision
       •    Challenge employees
       •    Recognize and reward often
       •    Find common ground
       •    Know your people

           Page 26
Using technology




      Page 27
Using technology
     • Recruit the right people in the
       first place
     • Improve the line manager’s
       ability to manage
     • Give employee’s constant
       feedback about
       clear, meaningful goals
     • Empower employees to
       manage their own careers
     • Proactively drive talent
       mobility
     • Continuously measure and
       improve retention strategies
Older workers




     Page 29
Older workers 1 of 2
       WHAT THEY WANT
       • Flexibility
       • Change
       • Training
       • Relevant benefits
       • Retirement planning
         assistance




        Page 30
Older workers 2 of 2
       WELLNESS NEEDS
       • Heightened risk of chronic
         disease
       • Longer recovery time from
         injuries
       • Eldercare concerns




        Page 31
High-potential individuals




           Page 32
High-potential individuals 1 of 3
              YOUNG PEOPLE
              • Development as a culture
              • Creating the culture




               Page 33
High-potential individuals 2 of 3
              • Herzberg’s theory of
                motivation
              • Why they are not typical
              • What do they need?
              • What do they not need?
              • How to treat them
              • Characteristics of high-
                potential individuals
              • A roadmap for high-potential
                individuals


               Page 34
High-potential individuals 3 of 3
              •    Truth
              •    Engagement
              •    Myths and realities
              •    Standards and values




                  Page 35
Top talent




   Page 36
Top talent 1 of 2
            • Meet their basic needs
            • Conduct stay interviews
            • Create a recognition
              rhythm
            • Meet regularly
            • Provide career
              advancement
              opportunities




       Page 37
Top talent 2 of 2
            • Don’t wait for them to tell
              you they are leaving as it
              will be too late
            • Onboard new employees
              with their experience in
              mind
            • Be clear on strategy but
              be inclusive
            • Seek to capture and
              retain knowledge, not
              just people

       Page 38
Drill B




  Page 39
Drill B




    Page 40
Sectors and locations




         Page 41
Sectors and locations 1 of 7
                 • Community health
                   workers in South Africa




            Page 42
Sectors and locations 2 of 7
                 • Teachers in the US




            Page 43
Sectors and locations 3 of 7
                 • Insurance companies in
                   India




            Page 44
Sectors and locations 4 of 7
                 • Public sector
                   organizations in Pakistan




            Page 45
Sectors and locations 5 of 7
                 • Accountants in Singapore




            Page 46
Sectors and locations 6 of 7
                 • Universities in Kenya




            Page 47
Sectors and locations 7 of 7
                 • University librarians in
                   Nigeria




            Page 48
Case studies




    Page 49
Conclusion and questions




          Page 50
Conclusion and questions
Summary
Videos
Questions




                Page 51

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Retention and attrition February 2013

  • 1. Keeping hold of ‘em by Toronto Training and HR February 2013
  • 2. 3-4 Introduction to Toronto Training and HR 5-6 Hygiene or environmental factors Contents 7-9 Main reasons for turnover 10-11 Factors that affect retention 12-14 Behaviours that make good people leave 15-16 Drill A 17-18 The attrition life cycle 19-21 Effective retention strategies 22-24 Sentence starters 25-26 Encouraging loyalty 29-31 Older workers 32-35 High-potential individuals 36-38 Top talent 39-40 Drill B 41-48 Sectors and locations 49 Case studies 50-51 Conclusion and questions Page 2
  • 3. Introduction Page 3
  • 4. Introduction to Toronto Training and HR Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden 10 years in banking 10 years in training and human resources Freelance practitioner since 2006 The core services provided by Toronto Training and HR are: Training event design Training event delivery Reducing costs, saving time plus improving employee engagement and morale Services for job seekers Page 4
  • 5. Hygiene or environmental factors Page 5
  • 6. Hygiene or environmental factors • Company policy and administration • Relationship with superior • Work conditions • Salary • Relationship with peers • Relationship with subordinates • Personal life • Security and status • Recognition • Responsibility and motivation Page 6
  • 7. Main reasons for turnover Page 7
  • 8. Main reasons for turnover 1 of 2 • Employees feel the job or workplace is not what they expected • There is a mismatch between the job and the person • There is too little coaching and feedback • There are too few growth and advancement opportunities Page 8
  • 9. Main reasons for turnover 2 of 2 • Employees feel devalued and unrecognized • Employees feel stress from overwork and have a work-life imbalance • There is a loss of trust and confidence in senior leaders Page 9
  • 10. Factors that affect retention Page 10
  • 11. Factors that affect retention • Job • Culture • Personal • External Page 11
  • 12. Behaviours that make good people leave Page 12
  • 13. Behaviours that make good people leave 1 of 2 • Demanding • Lacking patience • Blowing up • Criticizing • Withholding praise • Setting impossible deadlines • Not listening • Not caring • Distrusting • Blaming Page 13
  • 14. Behaviours that make good people leave 2 of 2 • Breaking promises • Giving mostly negative feedback Page 14
  • 15. Drill A Page 15
  • 16. Drill A Page 16
  • 17. The attrition life cycle Page 17
  • 18. The attrition life cycle • Change of lifestyle and environment • Increased expectations and opportunities • Decreased loyalty among employees Page 18
  • 19. Effective retention strategies Page 19
  • 20. Effective retention strategies 1 of 2 • Bottom level • Middle level • High level Page 20
  • 21. Effective retention strategies 2 of 2 • Employer branding • Change of hiring practices • Employee engagement • Talent management • Exit interviews Page 21
  • 22. Sentence starters Page 22
  • 23. Sentence starters 1 of 2 • You really made a difference… • I’m impressed with… • You got my attention with… • You’re doing top quality work on… • You’re right on the mark with… Page 23
  • 24. Sentence starters 2 of 2 • One thing I enjoy most about you is… • You can be proud of yourself for… • We couldn’t have done it without your… • You’ve made my day because of… Page 24
  • 26. Encouraging loyalty • Offer more than just a job • Appropriate compensation • Empower employees • Invest in learning & development • Share the vision • Challenge employees • Recognize and reward often • Find common ground • Know your people Page 26
  • 27. Using technology Page 27
  • 28. Using technology • Recruit the right people in the first place • Improve the line manager’s ability to manage • Give employee’s constant feedback about clear, meaningful goals • Empower employees to manage their own careers • Proactively drive talent mobility • Continuously measure and improve retention strategies
  • 29. Older workers Page 29
  • 30. Older workers 1 of 2 WHAT THEY WANT • Flexibility • Change • Training • Relevant benefits • Retirement planning assistance Page 30
  • 31. Older workers 2 of 2 WELLNESS NEEDS • Heightened risk of chronic disease • Longer recovery time from injuries • Eldercare concerns Page 31
  • 33. High-potential individuals 1 of 3 YOUNG PEOPLE • Development as a culture • Creating the culture Page 33
  • 34. High-potential individuals 2 of 3 • Herzberg’s theory of motivation • Why they are not typical • What do they need? • What do they not need? • How to treat them • Characteristics of high- potential individuals • A roadmap for high-potential individuals Page 34
  • 35. High-potential individuals 3 of 3 • Truth • Engagement • Myths and realities • Standards and values Page 35
  • 36. Top talent Page 36
  • 37. Top talent 1 of 2 • Meet their basic needs • Conduct stay interviews • Create a recognition rhythm • Meet regularly • Provide career advancement opportunities Page 37
  • 38. Top talent 2 of 2 • Don’t wait for them to tell you they are leaving as it will be too late • Onboard new employees with their experience in mind • Be clear on strategy but be inclusive • Seek to capture and retain knowledge, not just people Page 38
  • 39. Drill B Page 39
  • 40. Drill B Page 40
  • 42. Sectors and locations 1 of 7 • Community health workers in South Africa Page 42
  • 43. Sectors and locations 2 of 7 • Teachers in the US Page 43
  • 44. Sectors and locations 3 of 7 • Insurance companies in India Page 44
  • 45. Sectors and locations 4 of 7 • Public sector organizations in Pakistan Page 45
  • 46. Sectors and locations 5 of 7 • Accountants in Singapore Page 46
  • 47. Sectors and locations 6 of 7 • Universities in Kenya Page 47
  • 48. Sectors and locations 7 of 7 • University librarians in Nigeria Page 48
  • 49. Case studies Page 49