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HR Executive Special Reports > Employee Retention
D. Michelle Adkerson
New and alarming trends are changing the way you manage your workforce and demanding your attention. These trends are too complex and critical to cover fully in a monthly newsletter. That's why we created HR Executive Special Reports.
 About the Report
How can you retain your best employees? What attracts people to your workplace and keeps them loyal? In this eye-opening special report, D. Michelle Adkerson sheds clear, detailed light on today's four most effective employee-attraction and -retention strategies.
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Table of Contents:
1. THE COSTS OF EMPLOYEE TURNOVER
Turnover Costs
Calculating Turnover Rates
2. DEVELOPING TRENDS THAT AFFECT EMPLOYEE RETENTION
The Disappearance of Traditional Employee Loyalty
The Continuing Impact of Baby Boomers
The Lifestyle Generations:The Impact of X and Y
Some Thoughts for the Future
3. FEEDBACK: SURVEYING DEPARTING AND EXISTING EMPLOYEES
The Exit Interview
Employee Surveys
Employee Suggestions
Prompt Response
4. RETENTION TOOL #1: CHALLENGING AND MEANINGFUL WORK
Perceived Value
A Clear Mission
A Vision for the Future
A Variety of Tasks
Challenge
Professional Development
5. RETENTION TOOL #2: HELPFUL MANAGEMENT, NOT RIGID BUREAUCRACY
Mentors, Not Dictators
Mutual Respect
Team Spirit
Open-Book Policy
Autonomy
6. RETENTION TOOL #3: RECOGNITION OF LIFE BEYOND WORK
Flextime
Paid Time Off
Employer-Sponsored Services
Concierge Services
Social Activities
7. RETENTION TOOL #4: CHOICE AND PERSONAL INVESTMENT
Health Insurance
Retirement Benefits
Rising Costs
Cafeteria Plans
vi
Direct Access to Plan Providers
In-House Education
Alternative Health Therapies
Employee Stock-Ownership Plans
Long-Term Care
Part-Time Benefits
8. ALUMNI SERVICES
Their First Client
Staying in Touch
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