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Retention

UAW-GM Contract to Create or Retain 6,400 Jobs

General Motors has agreed to retain or create 6,400 jobs as part of $2.5 billion in planned product and plant investments under a new labor accord with the UAW. In a move to encourage GM to add jobs, the union and automaker negotiated new buyout offers of $10,000 to $65,000 to encourage long-time workers to retire and be replaced with lower-paid, entry-level workers.
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Retaining Young Talent Won’t Be Easy

September 16, 2011
Employers can expect a struggle trying to keep young talent for the long haul, as 61 percent of survey participants say they will stay at their first job for less than three years.
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Dear Workforce How Can I Manage Retention During Downsizing

September 7, 2011
How can I manage retention during downsizing? Our business area is downsizing in order to close down in about four years. We have begun doing some layoffs this year, but much of our business will continue for several years and retention remains a serious issue. We are trying to find other jobs within the company for laid-off people and have been open about expected release dates. However, we are afraid that this will not be enough to keep all of our key people.
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Dear Workforce We Strike Deals with Expert Traders Overseas. How Do We Compensate Them So the Business Remains After They Le

September 7, 2011
Our company is growing overseas and often buys companies that are, in reality, people with connections. The person is usually a trader of commodities and has built a business around personal expertise and contacts (so if they go, the business goes with them). How could we creatively motivate and compensate these people to build the business beyond themselves and thus make our investment last long after they leave?
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Dear Workforce Who Has a Good Blueprint for Creating an Onboarding Program?

September 7, 2011
I have been tasked to create an onboarding program for new hires. The plan is to try and incorporate best practices from leading organizations, yet I have not found a broadly accepted list of do's and don'ts. Is there such a list and, if not, how should we proceed to ensure onboarding not only helps to orient our new employees but also boosts retention?
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