Employee Retention Initiatives -- If you've been ignoring them, you might want to think again!October 30, 2009 | 6:36 AM
Have you seen the latest employee morale and commitment survey conducted by Watson Wyatt and WorldatWork ? If not, you can view it at WorldatWork.Here are some highlights, according to a Chief Learning Officer "Industry News" post this week:
An executive with WorldatWork was quoted as saying....."Taking a total rewards approach and looking at all of the ways companies can motivate and retain - including compensation, benefits, work-life initiatives and career development - is going to be essential."
I agree! In my September 9 blog post, I talked about the importance of managers taking accountability for employee retention. This is becoming more and more important as the economy shows some signs of recovery and as job opportunities begin to open up. I think what I said in that blog bears repeating:
Manager Accountability for Retention: Managers at all levels -- not just at the top -- need to be held accountable for keeping good people in the company. They need to be more involved than ever before. They need to step up their "management by walking around" activities. They need to bite the bullet and deal directly with employee emotions -- including fear and anger. They need to provide an open door for employees to walk through to talk about their issues and concerns. And, they need to develop employees in ways that make them want to stay.
Interestingly, we have found that the use of Paradigm Learning's Mosaic: The Art of Talent Leadership -- a program for managers to help them understand their impact on retention and to build a plan to take action with their own employees -- has actually declined during this time of economic unrest. We think it's possible that some of our clients who said things like "We can't afford to take time to deal with employee retention issues right now" might end up saying "We wish we had done something earlier!"
What do you think?
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Have you seen the latest employee morale and commitment survey conducted by Watson Wyatt and WorldatWork ? If not, you can view it at 











