Learn proven strategies to reduce turnover and boost engagement for a high-retention workplace.
High employee turnover is a costly and disruptive challenge for organizations, leading to lost productivity, decreased morale, and significant financial strain. This topic provides a proven framework for reducing turnover and improving employee engagement using the Retention100™ assessment. Attendees will learn how to diagnose their organization’s retention challenges, leverage data-driven strategies, and implement eight key pillars - from hiring right and recognition to communication and career development - that drive long-term employee commitment. By the end of the session, participants will have a clear action plan to create a thriving, high-retention workplace.
Learning Objectives
- You will be able to define avoidable turnover.
- You will be able to describe 100 effective retention strategies.
- You will be able to explain, and price, the cost of turnover.
- You will be able to recognize several of the 100 effective ways to improve your organization’s retention strategies.
Agenda
Welcome and Introduction
- Overview of the Retention Challenge: Why Do Employees Leave? Why Does Retention Matter More Than Ever?
- The Retention100™ Assessment: A Data-Driven Tool for Improving Retention.
Understanding Employee Turnover
- The Cost of Turnover: Financial, Cultural, and Operational Impact.
- Why Employees Leave: Key Factors Behind Voluntary Turnover (Lack of Growth, Poor Leadership, Disengagement, Lack of Recognition)
- Data-Driven Retention: The Power of Engagement Surveys, Predictive Analytics, and Retention Metrics
The Retention100™ Framework: Eight Pillars of Retention
Action Planning: Applying the Retention100™
- Using the Retention100™ Assessment to Evaluate Your Organization
- Identifying Gaps and Prioritizing Quick Wins
- Case Study: How an Organization Improved Retention Using the Framework
Qanda and Wrap-up
Speakers
William J. Rothwell, Ph.D., SPHR, SHRM-SCP, RODC, CPTD Fellow,
Rothwell & Associates, Inc.- President of Rothwell & Associates, Inc. (www.rothwellandassociates.com) and professor, Penn State University, University Park
- Practice emphasizes all aspects of talent management and succession planning
- Conducts regular seminars on talent management, succession planning, and organization development
- Wrote 127 books; Organization Development Interventions: Executing Effective Organizational Change (Routledge, 2021), Virtual Coaching to Improve Group Relationships (Routledge, 2021); Increasing Learning and Development’s Impact Through Accreditation (Palgrave, 2020); Adult Learning Basics, 2nd ed. (ATD Press, 2020); The Essential HR Guide for Small Businesses and StartUps (Society for Human Resource Management, 2020); Workforce Development: Guidelines for Community College Professionals (Rowman-Littlefield, 2020); Innovation Leadership (Routledge, 2018); Human Performance Improvement: Building Practitioner Competence, 3rd ed. (Routledge, 2018); Evaluating Organization Development: How to Ensure and Sustain the Successful Transformation (CRC Press, 2017); Marketing Organization Development Consulting: A How-To Guide for OD Consultants (CRC Press, 2017); Assessment and Diagnosis for Organization Development: Powerful Tools and Perspectives for the OD practitioner (CRC Press, 2017); Community College Leaders on Workforce Development (Rowman & Littlefield, 2017); Organization Development in Practice (ODNetwork, 2016); Mastering the Instructional Design Process (Wiley, 2016); Practicing Organization Development, 4th ed. (Wiley, 2015); Effective Succession Planning, 5th ed. (AMACOM, 2015); The Competency Toolkit, 2 vols., 2nd ed. (HRD Press, 2015); Beyond Training and Development, 3rd ed. (HRD Press, 2015); The Leader’s Daily Role in Talent Management (McGraw-Hill, 2015); Organization Development Fundamentals (ATD, 2015); Creating Engaged Employees (ATD, 2014); Becoming An Effective Mentoring Leader: Proven Strategies for Building Excellence in Your Organization (McGraw-Hill, 2013); Talent Management: A Step-by-Step Action-Oriented Approach Based on Best Practice (HRD Press, 2012); the edited three-volume Encyclopedia of Human Resource Management (Wiley/Pfeiffer, 2012); Lean But Agile: Rethink Workforce Planning and Gain a True Competitive Advantage (AMACOM, 2012); Invaluable Knowledge: Securing Your Company’s Technical Expertise-Recruiting and Retaining Top Talent, Transferring Technical Knowledge, Engaging High Performers (AMACOM, 2011); Competency-Based Training Basics (ASTD Press, 2010); Effective Succession Planning: Ensuring Leadership Continuity and Building Talent from Within, 4th ed. (AMACOM, 2010); Practicing Organization Development, 3rd ed. (Pfeiffer, 2009); The Manager’s Guide to Maximizing Employee Potential: Quick and Easy Ways to Build Talent Every Day (AMACOM, 2009); Basics of Adult Learning (ASTD, 2009); HR Transformation (Davies-Black, 2008) and Working Longer (AMACOM, 2008)
- Member of Association for Talent Development and the Society for Human Resource Management
- Can be contacted at 814-234-6888 or wjr9@psu.edu
Who Should Attend
This live webinar is designed for human resource managers, benefits and payroll professionals, personnel managers, presidents, vice presidents, business owners and managers, controllers, CFOs, bookkeepers, and attorneys.