Every
company wants to retain their best employees. These key individuals
account for 80% of the profits and cannot be replaced. Companies
open to changing their culture, creating career strategies,
maintaining strong values and paying for performance will
retain a high percentage of their key employees.
One of the biggest reasons true leaders choose to leave their
company is because they don’t believe anyone is listening
to their ideas. The most successful companies have found part
of the answer lies in strong mentors, managers and includes
senior leadership.
It’s often what isn’t said that leads to turnover. Lack of
feedback, unspoken changes in salary expectations and changes
in expectations all lead to many strong performers leaving
early.
Key employees need to have their ideas heard. Take away the
table and you take away the employee. It is necessary for
strong leaders to have a forum for speaking their minds, criticizing
and offering suggestions for change. They must be given opportunities
to make mistakes, stretch into new opportunities and take
on greater responsibility.
Strong leaders are committed to making a difference and thrive
in working with a team of strong leaders. Key employees can
see the big picture and know the importance of commitment,
brand and overall perception in the workplace.
Companies that recognize and developing career strategies
early in the hiring process will have the greatest success.
Organizations that are creative provide strong initiative
and recognize the value of building and growing key employees
will be the most successful.
Retaining future leaders in your organization is a dynamic
process and must be made a goal of every growing company in
order to succeed.
Back
to the library
Reproduction
of this article cannot be accomplished without the expressed
consent of Human Resource Staffing. Don Schmitz is a popular
speaker and writer on all aspects of HR and CEO of Human Resource
Staffing. Don holds graduate degrees in Education, Administration
and Human Development.
Contact Don@HumanResourceStaffingInc.com
952 854 6040