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Retention

<i>Dear Workforce</i> How Do We Launch an Internship Program to Help Curb Turnover?

May 4, 2011
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How do we launch an internship program that will help us reduce high turnover? We intend to provide training to equip new employees, mostly younger people, to eventually occupy full-time positions with our hospitality company. We are interested in curbing the costs of retaining people and also hoping to build brand loyalty with employees.
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Top Performers Look for a Little Love Outside of Pay

May 1, 2011
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Rewarding employees goes beyond pay and benefits, especially in a tight economy where pay raises are still averaging 3 percent. ‘Rewarder’ companies, which are repairing cultures and striving to enhance cooperation at all levels, are outpacing their competition when it comes to engaging the workforce.
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Pay 'Philosophy' Could Prompt Workers to Stay

March 29, 2011
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'Organizations should focus on communicating how their philosophies were developed and continuously benchmark their scores on pay satisfaction to remain competitive,' says Ashley Nuese, director of marketing and sales services at Chicago-based HR Solutions.
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Young Workers Craving Defined Benefit Plans

March 29, 2011
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At a time when defined benefit or pension plans are growing scarcer, they have become a more potent recruiting and retention tool. Clearly, employees still value the security the retirement plans promise, based on the results of a recent Towers Watson & Co. survey.
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Coca-Cola Division Refreshes Its Talent With Diversity Push on Campus

March 21, 2011
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Hired during the spring of their senior year, Coca-Cola Refreshments' new hires, who are known as 'leadership associates,' can specialize in human resources, business, sales, supply chain, or finance.
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<i>Dear Workforce</i> How Do We Compile and Interpret Engagement Surveys?

March 1, 2011
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I would like to know more about employee engagement surveys. What should be its aims and objectives, the key areas covered, and how can we make sense of the results?
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Significant Attention Paid to Significant Others in Need

February 4, 2011
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Bon Secours Virginia Health System has found that permitting employees to modify their schedules reduces their anxiety and stress.
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Firms Tally the Value in Values-Based Recruiting

January 25, 2011
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The philosophy of corporate culture as a source of competitive advantage—along with a defined mission and adherence to values—has existed for several decades. Yet many companies have struggled to implement these concepts and create mission statements or value propositions to just hang on a wall.
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<i>Dear Workforce</i> How Do We Use Exit Interviews to Fix Flaws

December 28, 2010
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What are the key questions to ask in an exit interview? And once we gather this input, what should we do with it? Lastly, is there a way to use this information to track trends?
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Some Employers Are Thinking Outside the Benefits Box

December 10, 2010
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At some companies, benefits sweeteners can extend beyond health and dental in an effort to better retain employees even after the job market improves. Some of the less-routine perks include pet insurance, elder care, free personal trainers and a $500 allowance toward a commuter bike purchase.
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