All posts tagged: Retention

Need number 3: Retain your people


Retaining your existing employee is the best cost effective strategy for improving your HR performances. Yet, even if Retention has always been a mantra for many HR executives for years now, when it comes to showing up results, not many companies have been really capable to demonstrate how good they are at retaining people. If the logic of retention is always valid. Keeping a person is more efficient than having to hire and retrain a new recruit. Easy. However, getting to a point where there is 100% retention is not really feasible, and probably not even desirable. Modern companies need to carefully balance the efficiencies gained by retaining their people and the need for new fresh ideas that external recruits can bring. Whom to retain? So the key challenge for a people manager is: whom to retain? If your first answer is “Top Talents”, please go back to article one of this series and then try again. Why? Simple: whatever category of people you associate to the word “talent”, this is the most difficult portion …