Retain Top Talent
4.4K views | +0 today
Follow
 
Scooped by Barry Deutsch
onto Retain Top Talent
Scoop.it!

What It Takes To Retain Your Top Talent - Forbes

What It Takes To Retain Your Top Talent - Forbes | Retain Top Talent | Scoop.it

"If you were planning to quit your job, what would it take to persuade you to stay? CareerBuilder asked almost 4,000 employees that very questions."

Barry Deutsch's insight:

I don't buy the survey results. I think the numbers are much higher. Recent studies indicate that job dissatisfaction is so high - it could be the opposite of what Careerbuilder found - instead of 1 in 4 being dissatisfied - perhaps it's 3 out of 4.


Take the number considering leaving their employer - our research indicates that 50% of your workforce in any given month is open to leaving for "greener pastures." They are looking on-line on job boards, social media sites, and talking with friends.


And in a counter-intuitive perspective from Careerbuilder's reason of wanting more money, the real issues were described later in the article and have been documented in hundreds of studies over the past few years:


“Employees want to feel valued,” Haefner says. “They want to be compensated well; they want to be challenged; they want to contribute to something meaningful; and they want to have a good work-life balance.”


What are you doing to make your employees feel valued?


Barry Deutsch

IMPACT Hiring Solutions HIRE and RETAIN Top Talent

http://www.impacthiringsolutions.com/blog

 

Do you have a FREE Copy of our best selling e-book on how to hiring and retaining top talent?

 

http://www.impacthiringsolutions.com/hiring-managers/hiring-products/our-award-winning-book/a-digital-ebook-version

 

Learn how your success depends on the quality of the team you build and keep by joining us in our LinkedIn Discussion Group on hiring and retaining top talent

 

http://www.linkedin.com/groups/IMPACT-Hiring-Solutions-HOW-Hire-1819296/about

 

more...
No comment yet.
Retain Top Talent
Hiring top talent is only the start. Now you have to work hard to keep your very best talent. Most companies stink at structured and systematic retention of their top performers. Discover how to prevent turnover and keep your best people.
Curated by Barry Deutsch
Your new post is loading...
Your new post is loading...
Scooped by Barry Deutsch
Scoop.it!

Here's How Google Knows in Less Than 5 Minutes if Someone Is a Great Leader

Here's How Google Knows in Less Than 5 Minutes if Someone Is a Great Leader | Retain Top Talent | Scoop.it
After years of study, Google uses a few simple questions to identify the company's best leaders.
Barry Deutsch's insight:

The author (whom I follow and respect) infers that this is a Google original idea. It's not! Furthermore, figuring this out in an interview is NOT a five-minute issue as the article headline proclaims. It takes hours to understand a manager/leaders ability to hire and retain a high performing team. There is NO simple solution or answer to get at it.

 

This is the core of the work that Gallup did and then published in their book "First Break All the Rules" (if you are in management this should be required reading - right after my book on hiring)

 

Almost all of the work in  HR, employee engagement, and retention stems from this groundbreaking research that Gallup did a number of years ago.

 

One of the most important elements of that entire research was the idea that employees want to know what is expected of them in measurable terms.

 

Would you say that every employee in your organization has clear, objective, measurable results, outcomes, metrics, deliverables that are written and agreed to by both the employee and their immediate manager?

more...
No comment yet.
Rescooped by Barry Deutsch from New Leadership
Scoop.it!

Management or Leadership?

Management or Leadership? | Retain Top Talent | Scoop.it
Organisations underestimate the difference between management or leadership. There is a common quality that separates them

Via The People Development Network, Roger Francis
Barry Deutsch's insight:

I hear this constant debate about managers and leaders. My perspective is that every job at a management level - department head, team leader, director, vice president - has elements of both.
 
However, where most fail is not around have a strategic vision, and it's not around the inability to technically grasp their job. It's on the people management side of effectively hiring and retaining an outstanding group of people who become a high performing team.
 
Is that management or leadership?

more...
No comment yet.
Rescooped by Barry Deutsch from All About LinkedIn to Grow your Business: Social Selling, Digital Selling, Lead Generation, Professional Branding
Scoop.it!

Driving Employee Engagement on Your Sales Team | LinkedIn Sales Solutions

Driving Employee Engagement on Your Sales Team | LinkedIn Sales Solutions | Retain Top Talent | Scoop.it
The importance of employee engagement on the sales team is growing in the era of modern selling. Are you taking steps to improve it?

Via Anita Windisman
Barry Deutsch's insight:

This article came off the LinkedIn Sales Blog - but it's applicable to all teams, not just the sales team. One of the key points in the article is about spending time listening to employees talk about their personal lives, anxiety, how it affects them, and what they are doing to stay sane under pressure. Your employees want to know you care deeply about them as a person (one of the most important elements of engagement and retention) by listening deeply and frequently to them.

 

What's in your managerial bag when it comes to listening to personal issues and stories with your team?

more...
No comment yet.
Rescooped by Barry Deutsch from MILE Leadership
Scoop.it!

Essential Qualities Of Good And Bad Leadership - People Development

Essential Qualities Of Good And Bad Leadership - People Development | Retain Top Talent | Scoop.it
This article discusses the essential qualities of leadership from a number of perspectives.  It also discusses what we mean by bad leadership. 

Via The People Development Network
Barry Deutsch's insight:

Good articulation of the key elements of leadership, a nice review of good/bad traits, and tools to help improve the development of leadership qualities.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

The Modern Shape and Trends of Employee Culture

The Modern Shape and Trends of Employee Culture | Retain Top Talent | Scoop.it
Peter Drucker (1909-2005), the late Austrian-born management consultant, once famously said that culture eats strategy for breakfast — i.e., while a sound business plan is excellent, nothing is more important than a company’s culture.
Barry Deutsch's insight:

Loved the quote from Drucker about Culture Eating Strategy.

 

Do you have a defined culture? What are the 3-5 key elements of initiatives that reinforce that culture - whether it be praise and gratitude tactics or healthcare/wellness plans?

 

No culture - or one that your employees make up - is a real problem in being able to attract and keep better people.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Council Post: Why An Employee Engagement Strategy Is Vital To Your Business

Council Post: Why An Employee Engagement Strategy Is Vital To Your Business | Retain Top Talent | Scoop.it
In engagement-centric organizations, you're likely to see stronger Net Promoter Scores, higher retention rates, more innovation and better financial performance.
Barry Deutsch's insight:

71 percent of employees indicating they would leave their current employer for a better job?

 

The author suggests you need a employee engagement strategy to prevent your best employees from leaving. The vast majority of companies I work with have NO process, structure, plan, or strategy to deal with employee engagement.

 

The approach of most companies appears to be "if employees show up for work, they must enjoy (be engaged) with their jobs.

 

What's your strategy?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee Engagement on the Rise in the U.S.

Employee Engagement on the Rise in the U.S. | Retain Top Talent | Scoop.it
U.S. worker engagement has tied an 18-year high, with 34% now saying they are enthusiastic about and committed to their work and workplace.
Barry Deutsch's insight:

The good news is that employee engagement is on the rise - I'd like to think it's because I've been sounding the alarm for the last few years.

 

The bad news is that over 50% of your workforce is disengaged - they just don't care. They barely show up and do the minimum necessary - huge opportunity for most organizations.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Seth Meyers gives LinkedIn his advice on retaining employees —

Seth Meyers gives LinkedIn his advice on retaining employees — | Retain Top Talent | Scoop.it
The comedian shared his tips on "Hello Monday," a new LinkedIn podcast.
Barry Deutsch's insight:

Seth Meyers breaks the mold holding people in a traditional box around their job - he actually encourages and supports side gigs and opportunities to spread their wings and realize their dreams while still working for him.

 

Are we moving in this direction with the younger generation?

 

Are we stuck in a mindset about careers and jobs based on 1970s assumptions?

 

Can supporting employees taking on other assignments outside of their job with you only work in creative fields - or can it be broader across more traditional disciplines like HR or finance?

 

I'd love to hear examples of bosses and companies that are supportive of helping their employees achieve their dreams.

more...
No comment yet.
Rescooped by Barry Deutsch from Apprenticeships & Adult Education
Scoop.it!

Apprenticeships: Positive change for many businesses

Apprenticeships: Positive change for many businesses | Retain Top Talent | Scoop.it

Apprenticeships are making positive changes to many businesses up and down the UK. Richard Doughty looks at a few success stories.


Via Roger Francis
Barry Deutsch's insight:

I'm surprised that more companies don't have apprenticeships as part of their portfolio to improve hiring, training, and on-boarding success.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

36% Of Employees Say Lack Of Recognition Is Top Reason To Leave Their Job

36% Of Employees Say Lack Of Recognition Is Top Reason To Leave Their Job | Retain Top Talent | Scoop.it
This was a key finding in a management study I recently came across.
Barry Deutsch's insight:

This is a very scary statistic. It's so simple to put these recognition and non-monetary reward systems in place - why do companies ignore the studies that show a major reason employees leave is a lack of recognition?

more...
Insightlink Communications's curator insight, March 7, 2:27 PM

At Insightlink we see lack of recognition is often a key driver in employee engagement and job satisfaction. #EmployeeSurvey #HR

Scooped by Barry Deutsch
Scoop.it!

Train people well enough so they can leave. Treat them well enough so they don't want to. -Richard Branson

Barry Deutsch's insight:

This quote by Richard Branson is one of my favorite quotes. I am amazed at how many CEOs will not invest in training and development because they feel it's only giving employees the capability to seek work elsewhere. Is that not the ultimate in dysfunctional behavior?

 

How many studies do we need to look at that training and development is a powerful attraction, retention, engagement, and motivational tool?

 

Why do so few entrepreneurial companies see little value in training and development?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

10 questions to ask a company about their business and culture

10 questions to ask a company about their business and culture | Retain Top Talent | Scoop.it
These questions seem straightforward on the surface, but they can reveal a lot of intel on the company.
Barry Deutsch's insight:

Could your managers answer these questions? What are the questions candidates ask in your interviews to get a glimpse of your culture?

 

Could all your managers articulate in a few sentences the culture of your company - would your rank and file agree with that perception?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

This Is the Number 1 Sign of High Intelligence, According to Jeff Bezos

This Is the Number 1 Sign of High Intelligence, According to Jeff Bezos | Retain Top Talent | Scoop.it
This is what the Amazon founder looks for when he wants to know if someone is really smart.
Barry Deutsch's insight:

Do you measure intellectual humility in your interviews. I would expand upon this idea of not just looking at where you went wrong and then adapting - but looking into the process by which candidates come to conclusions or recommendations.

 

One technique is to use case studies, role plays, and homework assignments to get at how someone critically examines a problem or issue.

 

Through this technique and Jeff Bezos' ideas we're starting to get at how someone thinks, raw intellect, problem solving, analytical skills, and inquisitiveness.

more...
No comment yet.
Rescooped by Barry Deutsch from Learning and HR Matters
Scoop.it!

5 Essentials for Developing People

5 Essentials for Developing People | Retain Top Talent | Scoop.it
Why would I invest in developing people? What if I invest in developing my people and then they leave? What if you don’t invest in them and then they stay?

Via The People Development Network, Roger Francis
Barry Deutsch's insight:

It's bordering on comical when CEOs and executives say "why should I invest in training when I'm just preparing them for a job in another company".

 

Is this your philosophy about training and development? Or is your organization up on a pedestal for your investments in training and developing people? Have you done any formal survey work to discover why people join your organization or leave? How much is related to developing, training, coaching, and helping people realize their dreams?

more...
Barry Deutsch's curator insight, April 20, 8:31 PM

I hear this constant debate about managers and leaders. My perspective is that every job at a management level - department head, team leader, director, vice president - has elements of both.

 

However, where most fail is not around have a strategic vision, and it's not around the inability to technically grasp their job. It's on the people management side of effectively hiring and retaining an outstanding group of people who become a high performing team.

 

Is that management or leadership?

Rescooped by Barry Deutsch from Learning and HR Matters
Scoop.it!

5 Essentials for Developing People

5 Essentials for Developing People | Retain Top Talent | Scoop.it
Why would I invest in developing people? What if I invest in developing my people and then they leave? What if you don’t invest in them and then they stay?

Via The People Development Network, Roger Francis
Barry Deutsch's insight:

I hear this constant debate about managers and leaders. My perspective is that every job at a management level - department head, team leader, director, vice president - has elements of both.

 

However, where most fail is not around have a strategic vision, and it's not around the inability to technically grasp their job. It's on the people management side of effectively hiring and retaining an outstanding group of people who become a high performing team.

 

Is that management or leadership?

more...
Barry Deutsch's curator insight, April 20, 8:35 PM

It's bordering on comical when CEOs and executives say "why should I invest in training when I'm just preparing them for a job in another company".

 

Is this your philosophy about training and development? Or is your organization up on a pedestal for your investments in training and developing people? Have you done any formal survey work to discover why people join your organization or leave? How much is related to developing, training, coaching, and helping people realize their dreams?

Rescooped by Barry Deutsch from MILE Leadership
Scoop.it!

Top Six Tips For Instilling Pride in High Performing Teams

Top Six Tips For Instilling Pride in High Performing Teams | Retain Top Talent | Scoop.it
Our observation is that instilling pride in teams largely depends on the quality of attention to key aspects of this collaborative process.

Via The People Development Network
Barry Deutsch's insight:

I came across this article right after I published my LinkedIn Pulse article on Selfless behavior in teams as one of the core interview elements. Here is an article that helps reinforce that idea. If these concepts work with the best performing sports teams, the Seals, and other exceptional teams - why can't they work in a corporate setting?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

When Employees Feel Grateful, They’re Less Likely to Be Dishonest

When Employees Feel Grateful, They’re Less Likely to Be Dishonest | Retain Top Talent | Scoop.it
According to new research.
Barry Deutsch's insight:

This is interesting research out of HBS linking gratitude and dishonesty. So many of my clients ask how to measure honesty in the interview. Perhaps, instead of focusing on honesty, we should focus on what people want to feel gratitude and appreciated.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Job Satisfaction and the $1Trillion Problem

Job Satisfaction and the $1Trillion Problem | Retain Top Talent | Scoop.it
Businesses are losing vast amounts of money due to voluntary turnover. Could talking to employees about their job satisfaction prevent them from leaving?
Barry Deutsch's insight:

Biggest issue regarding employee voluntary turnover - 

Not knowing how to talk about job satisfaction

Are you training your managers how to have this discussion with their team?

more...
No comment yet.
Rescooped by Barry Deutsch from MILE Leadership
Scoop.it!

Great Teams Start With Trust

Great Teams Start With Trust | Retain Top Talent | Scoop.it
The key to getting the most out of your team’s productivity is their trust in you as a leader. All great teams start with trust.

Via The People Development Network
Barry Deutsch's insight:

Interesting article on building trust with your team. The article dicusses 3 tactics to build trust - counter-intuitive to most managers regarding understanding team member personal lives.

 

One of the most important elements of employee engagement and retention is the quality of the manager. An enormous part of that relationship hinges on trust. Are your managers using these tactics to build trust?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee Disengagement and the Problem of Workplace Complacency | The Engage Blog

Employee Disengagement and the Problem of Workplace Complacency | The Engage Blog | Retain Top Talent | Scoop.it
Employee disengagement is a huge concern for businesses in 2019. Only 21% of the workforce is very engaged, yet most employees plan to stick around.
Barry Deutsch's insight:

This article should be raising the hairs on the back of your neck about your workforce - what action steps are you going to take to engage the 80 percent who are just getting by doing the minimum necessary so you'll tolerate them without firing?

 

Just did a couple of workshops on this subject with 2 groups of CEOs and Key Executives in Honolulu - little bit of a shock over the need to engage folks and actively retain people. Are you ready to start losing some of your best talent? The issue is not as much about finding people now as it is about keeping people.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

This CEO Has a Near-100 Percent Employee Retention Rate. Here's the Fascinating Reason Why

This CEO Has a Near-100 Percent Employee Retention Rate. Here's the Fascinating Reason Why | Retain Top Talent | Scoop.it
HR, CEOs, and managers want to keep employees happy. But promotions, work/life balance and wellness strategies can fall short. Try empathy.
Barry Deutsch's insight:

How revolutionary - empathy - caring - listening. Why don't more managers do it?

 

Do you think it's an intuitive ability or one that can be coached and trained?

 

Do you measure empathy - caring - listening when evaluating managers. Why do we make the false assumption that if you carry a manager title, you must obviously have these traits?

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

3 Daily Actions That Set the Tone for Workplace Culture

3 Daily Actions That Set the Tone for Workplace Culture | Retain Top Talent | Scoop.it
Leaders, do these three things every day to set the right tone and lay the groundwork for high employee engagement.
Barry Deutsch's insight:

The article by Gallup suggests that 70 percent of employee engagement is determined by your manager.

 

The question begs to be answered what employers are doing to teach managers how to hire, retain, engage, coach, and motivate their teams.

 

Just because someone carries a management title, it doesn't mean they are a good manager.

more...
No comment yet.
Rescooped by Barry Deutsch from Employee Engagement
Scoop.it!

The 10 Employee Engagement Metrics That Matter

To have engaged employees at work, there are 10 essential metrics that companies need to keep in mind. Learn actionable tips on how you can improve them.

Via Insightlink Communications
Barry Deutsch's insight:

Good article about setting metrics to measure employee engagement and retention issues. I'm curious how many companies regularly measure these metrics and actually put action plans in place to improve the metrics on engagement.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

7 Ways Leaders Undermine Trust and Destroy Their Company Culture Without Even Realizing It

7 Ways Leaders Undermine Trust and Destroy Their Company Culture Without Even Realizing It | Retain Top Talent | Scoop.it
It's never too late to become the leader who takes your company to the top.
Barry Deutsch's insight:

My take on this article was that the CEO and other executives drive the culture of their company through their actions - not so much in the things they publish or announcements they make.

 

My favorite line is along the dimensions of you get what you tolerate.

more...
No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee Survey May Be The Key To Success

Employee Survey May Be The Key To Success | Retain Top Talent | Scoop.it

"High turnover is a costly management problem which includes expensive training and lost productivity."

Barry Deutsch's insight:

Every organization should by surveying their employees for cultural and fit alignment. This article has a great set of questions related to how employees view their managers - which is the second most common reason people quit their jobs.

 

I would highly recommend using the Gallup Employee Survey of 12 dimensions to understand what percentage of your work force is engaged - and what you need to do to raise that number.

more...
No comment yet.