Retain people through better selection and management.
Why improve employee retention?
- Lower recruiting and onboarding costs
- Sustain high productivity
- Reduce anxiety and distractions
- Reduce disruptions to customers
Learn more about employee retention
Don’t let your company fall victim to the memory drain when top performers leave or retire. To ensure your company’s long-term success, it is important, as a part of your company’s workforce performance management system, to think about career tracks for your employees that will match them with duties and responsibilities that maximize performance, employee morale, and company success.
The Profiles Research Institute discovered that America’s Most Productive Companies (AMPC) are likely to encourage an exchange of ideas among employees, managers, and leaders to make the business more competitive. When employees and managers have open lines of communication, employees become more invested in the organization’s well-being.
Every person is motivated in a different way, so it’s important to realize that people are engaged in different ways as well. There are three questions you must ask when evaluating employees whose performance is beneath their potential.
There is no greater tragedy in business than putting competent employees into jobs in which they are destined to fail. When good people are put into jobs in which they do not fit, their potential is wasted. Job match or Job Fit™ is the single most important factor in job success.
A clear strategy makes employees feel useful. Engagement begins with a strategy. It is easier for people to be engaged if they have an aerial view of how their job impacts the organization overall.
Poor job match, poor work ethic, absenteeism, substance abuse, employee fraud and theft, weak managers, and employee turnover are some of the factors that contribute to substandard productivity.
One of an employer’s greatest challenges is staffing their organization with people who are prepared and motivated to work. In some fields, poor work ethic has reached epidemic proportions, contributing to wasteful inefficiency and high rates of employee turnover.