Retain Top Talent
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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
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Here’s what most leaders are getting wrong about employee engagement… and what to do instead.

Here’s what most leaders are getting wrong about employee engagement… and what to do instead. | Retain Top Talent | Scoop.it
With 60% of employees reporting that they feel emotionally detached at work, and 19% saying they’re downright miserable, it’s clear that we have an engagement problem in the workplace.
Barry Deutsch's insight:

Horrific studies of employees who are dissatisfied, disappointed, ready to leave. These studies should be raising the hairs on the back of your neck. My gut wrenching question is why are most companies not executing on these simple best practices?

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Why Customer Experience is a Reflection of Employee Experience

Why Customer Experience is a Reflection of Employee Experience | Retain Top Talent | Scoop.it
What is an employee experience and why does it matter? Find out in our article!
Barry Deutsch's insight:

Good article showing the distinction between employee engagement and employee experience - and how they link to customer experience. The steps to improve customer experience are well-documented as best practices - why do most companies fail to execute on implementing initiatives around employee engagement and experience?

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Jo Ayoubi on LinkedIn: How to prevent poor performance among hybrid workers

Jo Ayoubi on LinkedIn: How to prevent poor performance among hybrid workers | Retain Top Talent | Scoop.it
"..performance management is turning into underperformance management because it’s not jumped on early...": https://lnkd.in/em28Kmu4

📍 Find Us @TrackSurveys...
Barry Deutsch's insight:

The author articulates the point I've been screaming about for 30 years - and which forms the core of everything we do in your executive search practice and hiring process improvement consulting practice.

 

"requirements of someone’s role is even more clearly defined than it was before the pandemic. Although it sounds simple, many organisations don’t do it. Key Performance Indicators (KPIs) and Objectives and Key Results (OKR) are part of that, but it’s also clarifying the value and contribution that this person is being asked to bring - and what bare minimum looks like and what stretch looks like?

“Because if you're not clear on that, you can’t ask your team to be. And if you're not measuring it, it’s also difficult to intervene."

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How to build community in a hybrid workplace

How to build community in a hybrid workplace | Retain Top Talent | Scoop.it
Community will be essential to the success of blended work environments. But what does workplace community really mean?
Barry Deutsch's insight:

How to build a sense of community - belonging - in a hybrid environment is indeed a big challenge. Many of my clients are struggling with this issue right now.

 

What are you doing drive motivation, effort, and productivity by creating a greater sense of community and belonging?

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Remote companies say culture doesn’t come from the physical office - The

Remote companies say culture doesn’t come from the physical office - The | Retain Top Talent | Scoop.it
Some business leaders worry remote options could destroy their company culture. But companies that have operated remotely for years say culture doesn’t come from a physical office.
Barry Deutsch's insight:

Many of my clients are struggling right now whether to demand everyone comes back to the office, no one comes back, or we move to hybrid structure. The vast majority are moving to a hybrid structure where everyone has to come in for 2-3 days a week.

 

The big question is whether a physical location where we are all present determines how good your culture is and the level of collaboration. Where do you weigh in on this debate?

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Is it wrong for a worker to participate in quiet quitting?

Is it wrong for a worker to participate in quiet quitting? | Retain Top Talent | Scoop.it
Quiet quitters might just be another way to talk about disengaged employees. Experts say managers should check in more.
Barry Deutsch's insight:

I'm not sure the issue of quiet quitting has to do with an unhealthy work life balance as so many have pointed at for the cause of the great resignation. I'm seeing issues of disengagement around a lack of learning, a lack of a great culture, people not feeling like they matter, and weak managers/executives who have no idea how to coach their teams.

 

What's the right time to start to implement some of these initiatives to overcome employee disengagement? Should we wait until a recession that starts dragging us down? Are we too busy to consider our most valued resource - our people?

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Companies must stand out to retain top talent

Companies must stand out to retain top talent | Retain Top Talent | Scoop.it
In today’s environment, it is crucial for companies to stand out as an employer so they can retain top talent. Published in EngageRocket’s latest guide on award-winning best practices are 5 key highlights that make the winners stand out from the crowd: 1.
Barry Deutsch's insight:

The issues raised here in this article are not specific to retention - they also dramatically affect recruiting. One of most popular services is helping companies think through how to better attract great employees. Some might call this the employee value proposition.

 

It starts with thinking about what makes you compelling, why do your employees stay when they have other choices, what's unique about your culture, learning, development, employee experience? Where do people go from their initial job, what type of impact will they have, what's your vision, why will they matter.

 

If you cannot answer these questions, and present them in a tight pithy marketing message - you have NO chance of attracting great people. You're just sticking warm bodies in chairs.

 

Less than 1 percent of all advertising is compelling - the other 99 percent is a posting of a generic job description which is boring, mundane, a back-office regularly and compliant document that is disgusting, revolting, and replusive to potential great employees.

 

Start putting your marketing hat on and using the same tactics you use to attract customers and clients - they work equally well in attracting and keeping great people. Bring your marketing professionals into this conversation.

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As 'quiet quitting' ripples through the workplace, managers are scrambling to respond

As 'quiet quitting' ripples through the workplace, managers are scrambling to respond | Retain Top Talent | Scoop.it
"This whole phenomenon is really about a cultural transformation that's happening in the work environment," Simone Ahuja, a corporate strategy consultant says.
Barry Deutsch's insight:

Two key points I would raise from this Fortune article -one there is no cultural transformation going on - the way managers and executives manage people has not changed much in 25 years. That's why we're sitting the quiet quitting or disengagement on search a large scale.

 

Secondly, the vast majority of managers and executives have no clue how to effectively manage the younger generations - from the baby boomers to the Zs. Most organizations are incredibly weak at teaching, training, coaching, and developing their managers and executives to be great leaders of people. One of the primary resasons people leave their jobs is their disgust over the way their boss manages them.

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7 'stay interview' questions to gauge employee satisfaction | The Enterprisers Project

7 'stay interview' questions to gauge employee satisfaction | The Enterprisers Project | Retain Top Talent | Scoop.it
In today's challenging hiring environment, retaining talent is more important than ever.Consider these 'stay interview' questions to help your top team members feel valued...
Barry Deutsch's insight:

In my engagement and retention workshop, You're the Person We Want to Keep, I recommend conducting an LIB (learning-impact-becoming) conversation which in technical HR langauge is called a "stay interview". It's a powerful early warning mechanism for determining if you're employee is a flight risk due to disengagement.

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Employee engagement is not enough

Employee engagement is not enough | Retain Top Talent | Scoop.it
Human Resources and Workforce Management News...
Barry Deutsch's insight:

So now the drum beats that employee engagement is not enough.

 

"When employees experience these three things—engagement, enablement, and celebration—they will feel successful and will be happy at work, every day. That’s going to make a meaningful difference in any organization."

 

Most companies have not begun to effectively execute on the engagement piece, let alone consider moving beyond to enablement and celebration.

 

When is the right time to start tackling these critical components of employee impact and productivity?

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One Big Reason Return-To-Office Stalls? Workers Don’t Feel A Sense Of Belonging

One Big Reason Return-To-Office Stalls? Workers Don’t Feel A Sense Of Belonging | Retain Top Talent | Scoop.it
Achieving a strong sense of belonging doesn't come automatically from being in the office or seeing people – organizations have to work at it.
Barry Deutsch's insight:

More and more of my clients are asking their employees to return to the office - and those same employees are pushing back on not wanting to return to a 5 day week in the office. Interesting Forbes article on the issue of belonging and how it's effecting the willingness to return to the office. How do you create a sense of belonging?

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Recognizing Employees During Onboarding | Reward Gateway

Recognizing Employees During Onboarding | Reward Gateway | Retain Top Talent | Scoop.it
Learn more about how you can combine a recognition program with your onboarding process to improve the employee experience and increase new hire success.
Barry Deutsch's insight:

Scary quote from the artile - 17% of employees don't make it past their first 90 days. One way to improve that horrific metric is to integrate recognition into the on-boarding process. Most company's on-boarding practices resemble a pathetic extension of what they were doing in the 1970s.

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9 Questions You Must Ask Your Employees Once a Month If You Want Them to Stick Around

9 Questions You Must Ask Your Employees Once a Month If You Want Them to Stick Around | Retain Top Talent | Scoop.it
Don't underestimate the power of regular one-on-ones with employees, a pair of CEOs remind leaders.
Barry Deutsch's insight:

There is no more powerful tool to manage performance, develop boss-subordinate trust, and engage and motivate employees than an effective one-to-one.

 

Why do most managers and executives FAIL to use one-to-ones effectively?

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Article: Quiet firing: Is your boss silently holding you back? —

Article: Quiet firing: Is your boss silently holding you back? — | Retain Top Talent | Scoop.it
What if the reason for disengaged employees is another form of bullying Quiet firing sets to edge out certain workers from the fray...
Barry Deutsch's insight:

In my executive search practice, the numbere ONE reason why people leave is due to boredom, lack of challenge, no personal growth or development. This is what makes my job as a recruiter so easy. The vast majority of employees are disengaged and dissatisfied over this issue. What are doing to start engaging your employees by developing, growing, coaching, and teaching them?

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How to prevent a toxic workplace culture | Reed

How to prevent a toxic workplace culture | Reed | Retain Top Talent | Scoop.it
This article will help you explore how to identify the signs of toxicity in the workplace, and how to create a healthier culture....
Barry Deutsch's insight:

Are any of these elements present in your company culture/work environment? Are you tolerating inappropriate behavior so that your employees perceive what you tolerate is the culture?

 

I'm amazed at the amount in inappropriate behavior conducted b managers toward their staff and how much gets tolerated between staff members.

 

Is the reason we put up with it is that we dont want to experience the pain of replacing people?

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Here comes the Great Resignation 2.0 | theHRD

Here comes the Great Resignation 2.0 | theHRD | Retain Top Talent | Scoop.it
The equivalent of 1.3m UK SMEs have unnecessarily lost talent this year by making employees feel undervalued.
Barry Deutsch's insight:

Are you feeling the great resignation yet?

 

Interesting quote: "(66%) said their team didn’t attend events or rewards weren’t received how they would like."

 

Why are existing rewards, recognition, invitations not generating the return we would expect for employee motivation, effort, and productivity?

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The 10 Warning Signs of Employee Burnout and How to Handle It

The 10 Warning Signs of Employee Burnout and How to Handle It | Retain Top Talent | Scoop.it
Employees are more stressed and anxious than ever. How can employers help staffers cope to mitigate potential burnout?...
Barry Deutsch's insight:

At the end of the day, the key metrics are customer satisfaction and productivity. In my consulting practice, I find that most companies are achieving sub-standard levels of customer satisfaction and employee productivity because of a large number of employees (50-70%) who are unmotivated, dissatisfied with their job, unhappy with the lack of appreciation and recognition, and feeling like they don't matter. The research around this metric is well documented - even though most companies find it a hard pill to swallow.

 

The problem is when an employee is disengaged, they end up giving you the rock bottom level of effort and productivity they believe you'll tolerate to allow them to continue to receive a payroll check. Shame on the executives and managers who tolerate this effort level. It's an easy fix. My head-scratching moment is why more companies are not implementing best practices to improve employee motivation, morale, and effort?

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New Research on Employee Referrals Reveals High Potential But Failure to Deliver –

New Research on Employee Referrals Reveals High Potential But Failure to Deliver – | Retain Top Talent | Scoop.it
Sourcing talent remains one of the most challenging areas of talent acquisition. The process of finding talent in today’s labor market is costly, time-consuming, and, for many companies, ineffective. While 64% of organizations have increased their investment in sourcing and talent discovery this...
Barry Deutsch's insight:

As I mention in my workshop "You're NOT the Person I Hired", referrals should be the number ONE source of hiring since they are the most effective. Like most company initiatives, 80 percent of tactics for driving referrals fail miserably to achieve consistent results. This article discusses the research around that issue - 2 of the major reasons are a lack of communication (if we don't let folks know we're seeking referrals - no one knows to make the referral). Secondly, not leveraging technology - particularly with social media can be the process of driving referrals manually very painful.

When do you think it's time to conduct a check-up on your employee referral program?

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Remote Work Is About Culture, Not Space

Remote Work Is About Culture, Not Space | Retain Top Talent | Scoop.it
For many, the entire concept of “work” has transformed from a physical space to a state of mind....
Barry Deutsch's insight:

I've seen more and more articles appearing that discuss the issue of being in the office is not about improving your culture or communication. That's a myth. The problem is the starting point of most organizations having weak cultures that are incapable of attracting and keeping outstanding employees, and a communication environment that is minimal to non-existent. Until we fix some of these basic fundamentals - it doesn't matter whether people are in the office or remote - the problems still exist.

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The Great Resignation is a crisis of belonging. Here's the real way we organize ourselves at work

The Great Resignation is a crisis of belonging. Here's the real way we organize ourselves at work | Retain Top Talent | Scoop.it
This leadership expert has interviewed hundreds of workers to find out how we make our colleagues feel like they don't belong. Here's what he found out.
Barry Deutsch's insight:

Here's another good insight published on the Fortune Website. It talks about the need to feel connected to a team - another element of high performing teams. Yet in my experience most organizations actively do the opposite - they promote a sterile and separate culture that leads to feelings of not belonging to a team and isolation. This goes all the way back to Maslow's Hierarchy of Needs.

 

You'll never extract the productivity you deserve from your teams when the team members don't feel like they belong, they don't trust their boss and teammates, and they don't feel like they matter to the team success.

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The 5 Essential Traits of Highly Resilient Workers, According to a Global Study of 26,000 Employees

The 5 Essential Traits of Highly Resilient Workers, According to a Global Study of 26,000 Employees | Retain Top Talent | Scoop.it
With a recession likely looming, the time to ensure your employees are as resilient as they can be is now.
Barry Deutsch's insight:

Great article on resilient workers - a key element of high performing teams. My question would be if you had to score yourself on each of these 5 elements - where would you fall? Secondly, would the resulting output exceed your investment to improve in all 5 of these areas.

 

In my executive search practice I speak with 20-30 executives/managers every week. You wouldn't believe the things they tell me about why they want to leave - irrational bosses, dysfunctional teammates, horrible culture, and very little trust of others.

 

The indifference most companies show toward their workers - at every level - is what makes my job so simple as an executive recruiter.

 

 

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Employee happiness trumps pay, survey finds

Employee happiness trumps pay, survey finds | Retain Top Talent | Scoop.it
61% believe that in ten years, workers will not settle for companies that don’t prioritize happiness and wellbeing.
Barry Deutsch's insight:

Who would have thought pay is not the top issue of why employees stay? Obviously, they want to be fairly compensated. Once fairly compensated lots of other issues come into play of whether they stay or go - where do you stand on this spectrum?

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Tapping into Today’s Top Talent

Tapping into Today’s Top Talent | Retain Top Talent | Scoop.it
The Great Resignation, the Great Reshuffle, the Great Attrition, the Great Negotiation – whatever you call it, changes in the workforce over the past few years have only made hiring …...
Barry Deutsch's insight:

Interesting perspective on splitting up the candidate pool by McKinsey in terms of different motivations - depending on where your candidate is - are you tapping into the right pool?

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The three B's of an aligned and thriving workplace culture

The three B's of an aligned and thriving workplace culture | Retain Top Talent | Scoop.it
The three B's you need for an aligned thriving workplace culture| Inspiring Workplaces | Dave Ulrich| Harvard Business Review...
Barry Deutsch's insight:

Interesting artile about corporate purpose and individual matterness - why should I care - why should I lean in - why should I give you 100 percent effort? Most companies barely scratch the surface on aligning purpose and connecting it to their employees.

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'Quiet quitting': The toxic employee trend that's worrying HR | HRD Asia

'Quiet quitting': The toxic employee trend that's worrying HR | HRD Asia | Retain Top Talent | Scoop.it
There's little written about the new employee trend quiet quitting, but it could be detrimental for HR...
Barry Deutsch's insight:

"While leaders worry about the Great Resignation, there’s a concerning new trend emerging amongst burnt out employees – “Quiet Quitting” – in short, when an employee is physically present at work but have made the decision to do the bare minimum amount of work to stay employed and collect a paycheck."

 

The issue is not burnout -the issue is a lack of employee engagement - not defining expectations, weak reward/recognition programs, poor to non-existent learning and development, horrible managers who don't know how to coach - the list goes on.

 

As Gallup shows - 50-70 pecent of your workforce is disengaged - resulting in employees who give you the absolute minimum effort. This Quiet Quitting is a NOT a function of employee burnout - its a lack of strategic leadership about driving high performing teams to deliver great results.

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