Employee Retention: Are You Proactively Identifying and Managing “Regrettable Losses?” | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter.  Most would agree that managing employee retention and turnover is a critical aspect of effective talent management. While some level of turnover is both healthy and necessary, certain types of departures can have a significantly negative impact. These exits, sometimes referred …

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Why Employees Quit | Harvard Business Review

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter.  Employee retention, especially in critical areas, is vital to talent management. While many organizations implement retention tactics to keep their talent, this new article highlights a significant shortcoming: these efforts often fail to create meaningful work experiences that drive lasting engagement and …

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Identifying and Addressing Employee Retention Risk | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. As the retention of top talent remains a concern for many leaders and managers, I am reminded of a quote from Leigh Branham’s book, The 7 Hidden Reasons Employees Leave: “Employee turnover is not an event — it is a process of …

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How Employee Turnover Fueled Boeing’s Quality Control Nightmare | Fortune

Talent Management

Most would agree that managing employee retention and turnover are critical aspects of effective talent management. However, the true impact of undesirable turnover only becomes apparent over time, as observable negative effects on organizational outcomes eventually emerge. This article outlines how aerospace experts suggest that the turnover of experienced workers at Boeing likely contributed to the company’s …

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3 Talent Templates: Critical Role Risk, Employee Retention Risk, and Non-Tech Barriers to Internal Mobility

Talent Management

As I continue to receive requests for various talent management tools, I am resharing three one-page templates I created for different talent purposes:  Critical Position Risk. After an organization has identified its critical positions, one crucial next step is to evaluate any risks and vulnerabilities in those positions. This template helps to determine if four types of …

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Don’t Underestimate the Value of Employee Tenure | Harvard Business Review

People Analytics

This research examined the impact of employee age and employee tenure (time with an organization) on business performance. The researchers measured business performance for 23 organizations—across various industries— in three ways” 1) financial (e.g., revenue growth, profit), 2) operational (e.g., error rates, speed), and 3) customer reactions (e.g., referrals, retention rates). The findings show that “Employee age has no impact on business performance, whether performance is measured …

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Employee Retention Risk Template | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. This one-page template provides a way for managers to assess the retention risk of their employees on 13 retention risk indicators known as ‘pre-quitting behaviors.’ The questions are based on an article by JR Keller, Timothy Gardner, and Brad Winn published …

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2022 LinkedIn Talent Trends: Data-Driven Insights into the Changing World of Work | LinkedIn

Workforce Trends

LinkedIn has just published its updated 2022 Global Talent Trends report—highlighting aspects of: 1) hiring, 2) workforce confidence, 3) candidate values, and 4) employee growth. Regarding hiring, a sample of 14 countries shows that hiring rates have decreased in all of them since one year ago (Sept 2021 vs. Sept 2022). India had the greatest decline (18%) in hiring, and the U.S. experienced a …

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4 Resources for Identifying and Addressing Employee Retention Risk

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. It’s free! Employee retention continues to be a top concern for many organizations. This one-page reference integrates four resources for managers to leverage as they identify and address their most critical employee retention risks. The four resources provide questions and …

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Predictive Models Address Employee Attrition | Deloitte US

People Analytics

Many employers continue to express concerns about talent shortages and employee retention. And to better anticipate and address employee turnover, a segment of organizations turn to people analytics and AI to help answer several questions. As noted in this article, these questions range from 1) To what extent is my organization at risk for attrition within …

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