Rachelle Graham Employee Retention Slides with Narrated Audio

2.  4.4 years – Average time an employee
stays in a job
 29% - Employees interested in leaving
their current job
 80% - Employees who are unsatisfied
with training, growth potential and
earnings

3.  Turnover Dollar Costs
› Entry level employees - 50% of annual salary
› Mid-level employees – 150% of annual salary
› High level employees – 400% of annual salary
 Lost Productivity
 Unsatisfied Clients
 Poor Morale

4.  Increase retention
 Implement a culture and programs that
drive engagement & retention
 Revamp the staffing process
 Conduct “Stay Interviews”

5.  Company-Wide Survey
› Provides candid feedback
› Identifies areas for improvement
 Pay
 Benefits
 Work/Life Balance
 Empowerment to make decisions/be creative
 HR Review of Staffing Process
› Talent acquisition in line with culture and goals
› Implement assessment methods to support

6.  Conduct “Stay Interviews”
› Ensure current employees are in line with
culture
› Long term strategy to ensure post survey
culture remains
 Schedule regular company meetings to
communicate