Employee retention is a huge challenge for many organizations across different industries.

Every month 3 to 4.5 million employees quit their job according to the Job Openings and Labor Turnover Survey. One third of new employees quit after about 6 months.

Many organizations are losing top talent. It looks like the trend will continue.

Organizations are trying different approaches to address the issue and many solutions seem to be logical. But even the most logical, common, well-intended solutions often backfire–especially in the new work paradigm.

Employees have more power than ever to move on and join organizations that offer better growth potential.

Gayle Lantz describes five common employee retention mistakes for organizations to avoid.

She offers three areas of focus to increase chances of keeping talent.

This episode is especially appropriate for any leaders or organization struggling to keep top talent.

Gayle Lantz is an advisory board member for HR.com. She contributed to the research report on the state of internal mobility, succession and career development produced by the HR.Research Institute.

This episode covers:

• Five common employee retention mistakes that have to do with: delegating, surveys, stagnation, status quo, training/mentoring.
• Key areas of focus for organizations that want to improve employee retention.
• Research done by HR.Research Institute: The State of Internal Mobility, Succession and Career Development 2021-22
• The importance of reframing the employee retention problem

LINKS:

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HR.Research Institute: The State of Internal Mobility, Succession and Career Development 2021-22

https://www.hr.com/en/resources/free_research_white_papers/the-state-of-internal-mobility-succession-and-care_kw58jvd7.html