Remember Lessons Learned from the Last Recession: Don’t Cut Management Training (For Long)
Twelve years ago, when the Great Recession hit and money got tight, businesses had to make cuts. And what was one of the first things to go? Training and development. The COVID19 economic crisis is going to tempt business leaders to do the same thing, and I’m here to warn you: don’t repeat the mistake. […]
Learning retention strategies from … your favorite sports team?
No matter your sport of choice, you can take a few lessons from your favorite sports team into the workplace. When a team is down at halftime, they don’t throw out everything they’ve done to that point. No coach throws out their entire playbook in the middle of a game. Instead, they make adjustments based […]
R.E.T.A.I.N. — How to Turn “Entitled” Millennial’s Ambition into Development Opportunity
When I was 24, I applied for a VP spot at my company. Seriously. After two years at the company, I put my hat in the ring to be on the leadership team. My boss at the time easily could have laughed in my face, but instead, he sat down with me to discuss the […]
Management Effectiveness Makes or Breaks Retention Efforts
By Cara Silletto, MBA, and Leah Brown – Magnet Culture High employee turnover can be affected by a myriad of factors – you know this. But no matter the company, the most beneficial place to start with retention efforts resides at the top: Improving management effectiveness. You can find the best talent, put all your […]
Empowering Company Leaders Improves Retention
By Cara Silletto, MBA, and Leah Brown – Magnet Culture Reducing employee turnover demands an investment of time, talent, and dollars. But it also requires companies to stop playing the blame game. It’s time to take responsibility for turnover problems and build a company culture that puts retention at the forefront. Problems with employee turnover […]
Need to Retain Your Talent? Start with Building Trust
By Cara Silletto, MBA, and Leah Brown – Magnet Culture Today’s new workforce does not blindly trust leadership: companies have to work for it. That mindset stems from a few things. Millennials (born 1981-1996) have grown up surrounded by a 24/7 news cycle and more information than ever about people in leadership positions taking advantage […]
Stop Hiring Recruiters When You Really Need A Retention Specialist!
If employee retention is a major issue for your organization, why are you hiring an additional recruiter? Why put a bandage on the issue by adding to the recruiting team, when “recruiting the wrong people” is only a tiny part of the real causes for increased turnover? Instead, consider hiring and empowering a Retention Specialist […]