Is It Pay? Fact-Based Reasons Employees Quit Plus Real Retention Solutions | Sessions
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Mega Session
Is It Pay? Fact-Based Reasons Employees Quit Plus Real Retention Solutions
In-Person and Virtual
Sunday 06/11/2023 02:00 PM - 03:00 PM
Tracks: People & Talent Management, Strategic HR
Competencies: Business (Behavioral), People (Technical), Workplace (Technical)
| Intended Audience: Senior-Level
Workplace Application:
Participants will learn real retention solutions that work during "the great resignation" rather than rely on pay & other one-size-fits-all programs.
Multiple studies tell us employees are quitting during "the great resignation" for both historic and pandemic-driven reasons, yet most companies' knee-jerk reaction has been to raise pay. And many managers say companies should raise pay even more, putting HR pros in a daily defensive bind. Solutions will be presented that have consistently cut turnover across all industries by 20% and more that focus on leaders building one-on-one stay plans with each individual employee.
Learning Objectives:
- Learn the primary reasons employees are quitting jobs and pay is not near the top.
- Train your managers to develop one-on-one stay plans for each employee by using Stay Interviews.
- Influence executives to support Stay Interviews by converting turnover to dollars and establishing retention goals.
