Paving the way how to retain and motivate your best employees

Paving the Way: How to Retain and Motivate Your Best Employees Paving the Way: How to Retain and Motivate Your Best Employees bamboohr.com Cassie Whitlock Ashley Adair Director of HR BambooHR HR & Talent Development PayScale payscale.com The Cost of Turnover Paving the Way: How to Retain and Motivate Your Best Employees Why good employees leave? bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Picture of Bad Boss Index bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Why Good Employees Leave • • • • • • • • • bamboohr.com Takes credit for your work Doesn’t appear to trust or empower you Doesn’t appear to care if you’re overworked Doesn’t appear to advocate for you when it comes to compensation Hires/promotes the wrong people Doesn’t provide direction on assignments or role Micromanages you and doesn’t give you autonomy Focuses more on your weaknesses than your strengths Doesn’t set clear expectations payscale.com Paving the Way: How to Retain and Motivate Your Best Employees What impacts employee satisfaction and intent to leave? PayScale Study: The Formula for a Winning Company Culture bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees What impacts satisfaction? PayScale Study: The Formula for a Winning Company Culture bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees What impacts intent to leave? PayScale Study: The Formula for a Winning Company Culture bamboohr.com payscale.com 16 ELEMENTS The building blocks of high performing people, cultures, and organizations Paving the Way: How to Retain and Motivate Your Best Employees “Ultimately, managers have one job: Hire the best talent and continuously engage them Managers know who's talented And they know (or should know) who's unhappy with their current situation If they don't meet the basic psychological needs of their most talented employees, they squander years of performance gains At worst, they lose their talent (and whoever leaves with them) to their competitors.” -Gallup, 2018 bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Training Managers • • • • • bamboohr.com How to ask and give feedback How to best motivate individual employees How to have performance conversations How to have compensation conversations with employees How to connect with other managers to learn how they solve problems payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Best Training Formats bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees L&D in One-on-Ones bamboohr.com Dig Deep Broaden Your Shoulders Wins and Learnings Peer Feedback payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Strengths and Weaknesses bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees bamboohr.com payscale.com Why Invest in Coaching? Paving the Way: How to Retain and Motivate Your Best Employees Development Coaching What it is: Partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential Development opportunities bamboohr.com Career pathing discussions Conflict resolution assistance Feedback communication tools Managing up support payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Should you have a coach on staff? • How is morale within your organization? • Do have existing employees who have the passion and talent for coaching? • Can you run a pilot program first? bamboohr.com payscale.com Recognize Your Employees Paving the Way: How to Retain and Motivate Your Best Employees 69% of employees would work harder if they were better recognized -Globoforce bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees And it can be completely free… • Company-wide announcement • Social media shout-out • Personal thank-you bamboohr.com payscale.com Final Takeaways • Make sure you’re finding appropriate ways to measure engagement Don’t ask if you’re not willing to act • Invest in growing the people at your organization Alone we can so little Together we can so much - Helen Keller • Appreciation is free – it more Appreciation is a wonderful thing It makes what is excellent in others belong to us as well - Voltaire Paving the Way: How to Retain and Motivate Your Best Employees Questions? BambooHR Receive a free job posting on our ATS and full HRIS for one week We will contact everyone within the next few days to set this up PayScale Check out our resources on compensation www.payscale.com/compensation-today bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Thank you! Follow BambooHR and PayScale on social media: bamboohr.com/blog | payscale.com bamboohr.com payscale.com ... of Turnover Paving the Way: How to Retain and Motivate Your Best Employees Why good employees leave? bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Picture... payscale.com Paving the Way: How to Retain and Motivate Your Best Employees Best Training Formats bamboohr.com payscale.com Paving the Way: How to Retain and Motivate Your Best Employees L&D... payscale.com Paving the Way: How to Retain and Motivate Your Best Employees bamboohr.com payscale.com Why Invest in Coaching? Paving the Way: How to Retain and Motivate Your Best Employees Development