Keeping Good
People is Easier than Finding Them
“When a valuable employee leaves, it
costs the employer money - possibly up to a third of the
employee’s annual salary.” - Workforce Professional,
International Professionals in Employment Security,
January/February 2002
And to top it
off, projections from the Bureau of Labor Statistics forecast a
shortage of 10,033,000 workers by 2010!
So it makes sense to keep you
existing employees, doesn't it?
While there are many retention
strategies promoted by various consultants, most of them revolve
around compensation programs and management techniques and ignore
the most fundamental step that you can take to make sure that you
have long term employees - hiring people who
fit your organization.
Client Comment:
"The turnover of even ONE employee
that we should have kept in our organization is too much turnover."
- Jim Sirbasku, CEO
Think about it... have you ever had
a job where you liked going to work? The work was interesting and
enjoyable and most days you even looked forward the challenges.
The reason that you felt that way was because you "fit" the job
and the organization.
Employees who fit the organization
are far less likely to leave because they enjoy their work and are
happy. They may even turn down other, more lucrative offers in
order to stay. Not because of they don't want the money, but
because they enjoy the work.
This means that the key to
retention, is to hire the right person. When you do, your
retention problems will disappear.
How to hire the right person
and eliminate retention problems
The best way to hire the right person is to hire people who are
like your existing good people. Of course we know that it is not
quite that simple because many times we have no idea what
characteristics make our top performers so successful.
The solution is to use the ProfileXT
from Profiles International and provided by Maximum Advantage to
determine the
characteristics
which are critical to the success of the people who are already
doing the job for you.
This is done by using Job Match Testing where your
existing top and bottom performers for each position are profiled
using proven and validated assessment software. This creates a benchmark (job match
pattern) for the position which identifies the
characteristics
which are critical to the success of the people who are already
doing the job for you. Because this bench mark is unique to this
particular position in your organization, it helps to ensure that
the candidate will not only be able to do the job, but that they
will
"fit"
into your organization.
Because they fit the organization,
these new hires will enjoy their jobs and stay with you long after
those who don't fit are gone!
For details about how this modern
technology can benefit your company, contact us now at
1-800-788-2068 x1006.
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