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HOW TO RETAIN OUR VALUABLE EMPLOYEES TAFVEEZ AMIN HEAD OF HR MACTER INT’L LIMITED In perspective of Sales Team

The 7 Hidden Reasons Employee Leave

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Page 1: The 7 Hidden Reasons Employee Leave

HOW TO RETAIN OUR

VALUABLE

EMPLOYEES

TAFVEEZ AMIN

HEAD OF HR

MACTER INT’L LIMITED

In perspective of Sales Team

Page 2: The 7 Hidden Reasons Employee Leave

Icebreaking

✓ How companies and employees can better communicate

their expectations of one another.

✓ Why coaching and feedback are critical to engagement and

retention, and how companies can form deeper relationships

with their people.

✓ What the new career realities are in today’s business

climate.

✓ Why some managers are hesitant to recognize employees,

and what senior leadership can do about it.

✓ How to help employees maintain a consistent work-life

balance and minimize their levels of job-related stress.

✓ How managers can regain the trust and confidence of their

employees.

Page 3: The 7 Hidden Reasons Employee Leave

2-5

3-7

3-7

6 – 12

M

2-32-3

APAPA

SPA

FE

SM

DNSM

NS

M

1 – Path for SPA to become RSM

2 – Path for SM to become NSM

RS

M

2-5

The Career Path

Page 4: The 7 Hidden Reasons Employee Leave

The Moving Notion

what our organization needs to

recognize and actively pursue in

order to retain our best and brightest

people?

Page 5: The 7 Hidden Reasons Employee Leave

It All Starts with

DISENGAGEMENT!

Employee turnover is not an event — it is a

process of disengagement that can take days,

weeks, months or even years until the actual

decision to leave occurs.

It has been observed from the past reports that

the turnover in sales team is comparatively

higher than any other department

Page 6: The 7 Hidden Reasons Employee Leave

Why Disengagement &

Retention?

The need for trust: Expecting the company and

management to deliver on its promises, to treat you fairly

and to compensate you in a fair and timely manner

The need to have hope: Believing you will be able to

grow, develop your skills and have the opportunity for

advancement or career progress

The need to feel a sense of worth: Feeling confident that

if you demonstrate commitment and make meaningful

contributions, you will be recognized and rewarded

accordingly

The need to feel competent: Expecting you will be

matched to a job that aligns with your talents and your

desire for a challenge

Page 7: The 7 Hidden Reasons Employee Leave
Page 8: The 7 Hidden Reasons Employee Leave

The Process of Disengagement(Things to take into account..)

● The job or workplace was not as expected.

● The mismatch between job and person.

● Too little coaching and feedback.

● Too few growth and advancement opportunities.

● Feeling devalued and unrecognized.

● Stress from overwork and work-life imbalance.

● Loss of trust and confidence in senior leaders.

Page 9: The 7 Hidden Reasons Employee Leave

Reason #1: The Job or

Workplace Was Not as

Expected

The practices that have been found to significantly raise

the probability of new hire success, satisfaction and

longer-term retention are discussed as follows:

Page 10: The 7 Hidden Reasons Employee Leave

Matching Mutual

Expectations

Conduct realistic job previews with every job candidate

Hire from a pool of adjunct staff, & interns

Hire from current employee referrals

Create a realistic job description with a short list of critical competencies

Hire from your pool of current employees

Survey or interview new hires to find out how to minimize new hire surprises in the future

Page 11: The 7 Hidden Reasons Employee Leave

Reason #2: The Mismatch

Between Job and Person

Are Skills and Knowledge more important than

Talent?

Page 12: The 7 Hidden Reasons Employee Leave

Best-Fit Selection Practices

Make a strong commitment to the continuous upgrading of talent

Follow a consistent and thorough talent forecasting and success-factor analysis process

Follow a purposeful and rigorous interview

Track measures of hiring success

Conduct “entrance interviews” with all new hires

Enrich the jobs of all employees

Delegate tasks to challenge employees and enrich their jobs

Page 13: The 7 Hidden Reasons Employee Leave

Reason #3: Too Little

Coaching and Feedback

Page 14: The 7 Hidden Reasons Employee Leave

Beginning Of A Journey…

Performance coaching and feedback are

essential for employees because they help

employees answer four basic questions:

1. Where are we going as a company?

2. How are we going to get there?

3. How do you expect me to contribute?

4. How am I doing?

Page 15: The 7 Hidden Reasons Employee Leave

How to Coach and Give

Feedback?

Provide intensive feedback and coaching to new

hires

Create a culture of continuous feedback and

coaching

Train managers in performance coaching

Make the performance management practice less

controlling and more of a partnership

Terminate nonperformers when best efforts to

coach or reassign don’t pay off

Hold managers accountable for coaching and

giving feedback.. (Introduce “upward evaluation”)

Page 16: The 7 Hidden Reasons Employee Leave

Five Steps for Successful

Coaching

Step 1:• Get the employee’s agreement that a problem exists.

Step 2:• Mutually discuss alternative solutions.

Step 3:

• Mutually agree on action to be taken to solve the problem.

Step 4:• Follow up to measure results.

Step 5:• Reinforce any achievement when it occurs.

Page 17: The 7 Hidden Reasons Employee Leave

Reason #4: Too Few Growth

and

Advancement Opportunities

Page 18: The 7 Hidden Reasons Employee Leave

How to Grow Employees

Provide self-assessment tools and career self-

management training for all employees

Offer career coaching tools and training for all

managers

Provide readily accessible information on career

paths and competency requirements

Create alternatives to traditional career ladders

Keep employees informed about the company’s

strategy, direction and talent need forecasts

Build and maintain a fair and efficient internal job

posting process

Page 19: The 7 Hidden Reasons Employee Leave

Hire From Within Whenever

Possible

Show a clear preference for hiring from within

Eliminate HR policies and management practices that block internal movement

Create a strong mentoring culture

Keep the career development and performance appraisal processes separate

Review All Talent Effectively

Build an effective talent review and succession management process

Maintain a strong commitment to employee training

Page 20: The 7 Hidden Reasons Employee Leave

Reason #5: Feeling Devalued

And Unrecognized

Page 21: The 7 Hidden Reasons Employee Leave

Reluctant Management

Pay Practices for Engagement and Retention

Monitor the pay system to ensure fairness,

efficiency, consistency and accuracy

Remember to Say ‘Thanks’

Create a culture of informal recognition founded

on sincere appreciation

Make new hires feel welcome and important

Ask for employee input, then listen and respond

Keep employees in the loop avoiding rumor-

mongering

Page 22: The 7 Hidden Reasons Employee Leave

Reason #6: Stress From

Overwork and Work-Life

Imbalance

Page 23: The 7 Hidden Reasons Employee Leave

Engagement Practices to Avoid

Imbalance

Initiate a culture of “giving before getting.”

Tailor the “culture of giving” to the needs of key

talent

Build a culture that values spontaneous acts of

caring

Build social connectedness and harmony

among employees

Encourage fun in the workplace

Page 24: The 7 Hidden Reasons Employee Leave

Reason #7: Loss of Trust and

Confidence in Senior Leaders

The Most Crucial of All…

Page 25: The 7 Hidden Reasons Employee Leave

Practices That Inspire Trust and

Confidence

Inspire confidence in a clear vision, a workable

plan and the competence to achieve it

Back up words with actions

Place your trust and confidence in your work

force

Page 26: The 7 Hidden Reasons Employee Leave