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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Scooped by Barry Deutsch
December 23, 2022 1:28 PM
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With So Many People Quitting, Don’t Overlook Those Who Stay

With So Many People Quitting, Don’t Overlook Those Who Stay | Retain Top Talent | Scoop.it
The marketplace for talent has shifted. You need to think of your employees like customers and put thoughtful attention into retaining them. This is the first step to slow attrition and regain your growth curve. And this does not happen when they feel ignored in the fever to hire new people or underappreciated for the effort they make to keep business moving forward. They need to be seen for who they are and what they are contributing, and leadership needs to ensure this is happening. The authors offer four steps for leaders to take.
Barry Deutsch's insight:

Harvard Business Review article on the Quiet Quitting problem - layered on the Quiet Firing issue of managers ignoring some members of their staff.

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Scooped by Barry Deutsch
December 21, 2022 12:22 PM
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Quiet Firing: What It Is and How to Stop Doing It

Quiet Firing: What It Is and How to Stop Doing It | Retain Top Talent | Scoop.it
Quiet firing describes how managers fail to adequately provide coaching, support and career development to an employee, which results in pushing the employee out of an organization.
Barry Deutsch's insight:

Quiet firing describes how managers fail to adequately provide coaching, support and career development to an employee, which results in pushing the employee out of an organization.

 

Are you guilty of quiet firing some members of your team?

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Scooped by Barry Deutsch
December 19, 2022 9:16 PM
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The Old Model of Manager is Broken—It's Time to Start Fresh

The Old Model of Manager is Broken—It's Time to Start Fresh | Retain Top Talent | Scoop.it
It's time to replace the tired, outdated model we have for identifying, developing, and tasking managers in our world.
Barry Deutsch's insight:

Outstanding article on the pain points of managers today. The biggest one I see is a lack of training and coaching on how to be a manager instead of a worked/contributor on the team. Many executives assume that if you have the technical skills you should be able to manage people with similar technical skills. Nothing could be further from the truth.

 

Most managers have no clue how to effectively manage - they are just winging it by the seat of their pants. The companies that made them managers never provided training, coaching, advice, mentoring. Poof - now you are a manager - fail or succeed - not our fault.

 

Scary when the research indicates that 70 percent of employee engagement and effort is due to the manager.

 

When do we change our approach to training and developing the manager - who has more capability to influence customer satisfaction, employee engagement, and productivity?

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Scooped by Barry Deutsch
December 7, 2022 2:25 PM
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Research Shows Human-Centric Work Models Boosts Employee Performance and Other Key Talent Outcomes

Research Shows Human-Centric Work Models Boosts Employee Performance and Other Key Talent Outcomes | Retain Top Talent | Scoop.it
Employees who operate in human-centric work models – where they are seen as people, not just resources – are 3.8 times more likely to be high performing, according to a survey by Gartner, Inc.
Barry Deutsch's insight:

Interesting research from Gartner on flexible and hybrid work environments along with accountability and a management style that is more empathetic. How badly do you want to move the needle on employee productivity, customer satisfaction, and retention? Do any of these initiatives make sense in your business model?

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Scooped by Barry Deutsch
December 6, 2022 2:44 PM
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10 Best Employee Engagement Strategies That Actually Work

10 Best Employee Engagement Strategies That Actually Work | Retain Top Talent | Scoop.it
Here are 10 Employee Engagement Strategies That Actually Work; 1. Conducting Surveys of Employee Engagement Strategies, 2. Establish a committee for the participation of employees, 3. Ensure that dispersed teams and people working from a distance remain engaged, 4.
Barry Deutsch's insight:

Some good ideas as a check-list of best practices. The one that caught my attention was "just 62 percent of respondents were pleased with the career to help their employer offered."

 

Sometimes just communicating what the future path/vision/direction the company is headed and how your employee fits into that evolution is enough. Career development doesn't have to be about title changes.

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Scooped by Barry Deutsch
December 1, 2022 11:53 AM
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2023 will bring about ‘The Great Reset’ at work, study says

2023 will bring about ‘The Great Reset’ at work, study says | Retain Top Talent | Scoop.it
Employees will continue to reconsider their working arrangements based on flexibility, promotions and more.
Barry Deutsch's insight:

All of my clients are screaming that they cannot find enough people, and they are starting to have trouble hanging onto their best employees. How is this shaping up for 2023?

 

Here's a quote from the article that stopped me in my tracks: "Only 30% of survey respondents reported loving their jobs, and one in four said they were just waiting for either a promotion or another opportunity to show up, a sign of a lack of full commitment."

 

Those numbers are depressing. Instead of burying our head in the sand, what initiatives willl help us proactively deal with a declining level of trust and effort in our workforce?

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Scooped by Barry Deutsch
December 1, 2022 11:46 AM
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Is a Servant Leadership Style Right For You?

Is a Servant Leadership Style Right For You? | Retain Top Talent | Scoop.it
Servant leadership is a style of management that focuses on serving those you lead. It’s not always easy, but it can help managers increase employee engagement and boost their own sense of purpose. Servant leadership is about serving those you lead.
Barry Deutsch's insight:

I found this to be a summary of SERVANT style leadership. What type of leadership defines you, and perhaps the members of your management team. Do they understand the differences of various management styles and the impact on employee engagement?

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Scooped by Barry Deutsch
November 30, 2022 4:54 PM
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Employee Satisfaction is the Key to Improving Productivity

Employee Satisfaction is the Key to Improving Productivity | Retain Top Talent | Scoop.it
The solution is shifting the company narrative from employee retention to employee satisfaction. This approach consists of three major steps.
Barry Deutsch's insight:

Here is another article extolling the virtues of putting intiaitives in place to raise employee engagement. What really struck me was the point about Gallup's research that 70% of the variation in employee engagement is due to an employee's manager.

 

The problem is that most managers are clueless about managing  - they've never been trained, developed, coached, mentored in how to manage from hiring to giving feedback. Good people - just a complete lack of understanding what it takes to drive exceptional team performance.

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Scooped by Barry Deutsch
November 21, 2022 11:34 PM
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How to Build Right Workplace Culture for Remote Employees

If you're managing a remote team or plan to start one, it's important to build the right workplace culture for remote employees. Here are some tips for doing so.
Barry Deutsch's insight:

In a few of my recent Vistage Presentations on retention and employee engagement titled "You're the Person We Want to KEEP". many of the members of the group lamented the remote/hybrid workforce and the disconnect from the culture of the mothership.

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Scooped by Barry Deutsch
November 17, 2022 11:14 PM
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Guide to Measuring Employee Engagement ROI [with Calculator]

Guide to Measuring Employee Engagement ROI [with Calculator] | Retain Top Talent | Scoop.it
The ROI of employee engagement is multifaceted, affecting productivity, profitability, quality and more. Learn what to measure & use our free ROI calculator!
Barry Deutsch's insight:

I am a huge proponent of measuring what we manage - especially around hiring and retention/engagement initiatives. Are we moving the needle forward on our efforts and activities to improve employee engagement? Would some of these metrics/KPIs help to shift direction, focus initiatives and resources, and tell us whether we are hitting our goals?

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Scooped by Barry Deutsch
November 17, 2022 11:06 PM
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30 Best Employee Engagement Ideas for Modern Teams

30 Best Employee Engagement Ideas for Modern Teams | Retain Top Talent | Scoop.it
If you’re looking for ways to boost your company culture, check out these 30 employee engagement ideas for a more committed and collaborative workforce.
Barry Deutsch's insight:

Some more ideas around employee engagement and keeping remote/hybrid workers connected.  In my workshop yesterday on retention and engagement - one of the big questions was "What can we do - how do we reconnect folks out of the office back to the mother ship?"

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Scooped by Barry Deutsch
November 15, 2022 4:37 PM
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How to Make Better, Frequent Employee Recognition a Daily Habit

Frequent employee recognition, not only leads to better employee engagement, it also helps to build habits worth repeating.
Barry Deutsch's insight:

Great article on employee recognitiion linking back to Gallup research on employee engagement. Just spent 30 minutes on this subject today within my workshop titled "You're the Person We Want to KEEP" with Erin McGrath's CEO Vistage Group in the San Francisco area.

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Scooped by Barry Deutsch
November 8, 2022 7:03 PM
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60 Best employee engagement ideas & activities | Surf Office

60 Best employee engagement ideas & activities | Surf Office | Retain Top Talent | Scoop.it
An engaging working environment is influenced by the same four components that lead to happiness in everyday life: Order, Physical health, Affiliation, Meaning.
Barry Deutsch's insight:

My clients are constantly asking me what can we specifically do to improve employee engagement. Here's a great list -pick one and try, Experiment, adapt one of these, don't be afraid to innovate. What's the downside?

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Scooped by Barry Deutsch
December 21, 2022 4:16 PM
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Why New Hires Fail (The Landmark "Hiring For Attitude" Study)

Why New Hires Fail (The Landmark "Hiring For Attitude" Study) | Retain Top Talent | Scoop.it
In this landmark Hiring For Attitude study, Leadership IQ discovered that 46% of newly-hired employees will fail within 18 months, while only 19% will achieve unequivocal success. And 89% of hiring failures come from having poor or incompatible attitudes, not a lack of technical skills!
Barry Deutsch's insight:

Here's an interesting study on hiring manager's perspective on their ability to hire successful employees. The results are scary at best.

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Scooped by Barry Deutsch
December 19, 2022 9:19 PM
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Strategies To Prevent Toxic Work Culture

Strategies To Prevent Toxic Work Culture | Retain Top Talent | Scoop.it
Let’s dig into the numerous ways in which you can ensure there is no toxicity in your work environment.
Barry Deutsch's insight:

Are there elements of your culture that are toxic? Do some employees get "tolerated? What would you change? You've heard the old statement about culture eating strategy. Why then do so few CEOs pay attention to  it? Heck - most companies couldn't define their culture to start with - most of the time it falls into the swamp of our culture is what we tolerate. Does this sound dysfunctional?

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Scooped by Barry Deutsch
December 9, 2022 12:43 PM
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How to Create a Work Culture That Will Survive Anything

How to Create a Work Culture That Will Survive Anything | Retain Top Talent | Scoop.it
In the age of the Great Resignation, executives are struggling to both attract and retain talent. Here's how to create a culture that no one wants to leave.
Barry Deutsch's insight:

Good article on key elements of improving culture and connecting employees. Very important point here about recognition and bringing people together - whether that be virtually or in-person.

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Scooped by Barry Deutsch
December 7, 2022 2:18 PM
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How to build a strong culture in your organisation

How to build a strong culture in your organisation | Retain Top Talent | Scoop.it
Culture is an organization's tacit social order: it forms attitudes and behaviours in broad and enduring ways.Hill and Jones (2009) define organisational culture as the collection of norms and values shared by people and groups in an organisation an...
Barry Deutsch's insight:

A good reminder of the importance of culture on hiring and retention. The problem is that so many companies cannot articulate their culture - and many times their is a disconnect between what management perceives the culture is and what the remainder of the workforce perceives it is. Do you have this disconnect? The key is clear, transparent communication and agreement on what the culture is and should be.

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Scooped by Barry Deutsch
December 2, 2022 12:08 PM
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The New Era of Employee Engagement Begins with Events

The New Era of Employee Engagement Begins with Events | Retain Top Talent | Scoop.it
Here’s a hard truth: Employee collaboration and networking should be done in-person.That’s not to say remote collaboration tools aren’t valuable or don’t have a place – they do.  But when it comes to building trusting relationships and elevating employee engagement, there is no substitute for events...
Barry Deutsch's insight:

This is an interesting article on building relationships, trust, and culture. The recommendations is to occassionally bring people together, and leverage online collaboration tools for individual one-to-ones.

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Scooped by Barry Deutsch
December 1, 2022 11:50 AM
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The pandemic’s surprising impact on employee engagement and enablement

The pandemic’s surprising impact on employee engagement and enablement | Retain Top Talent | Scoop.it
A new Korn Ferry study examined how employee attitudes evolved during different phases of the COVID-19 crisis.
Barry Deutsch's insight:

Interesting perspective on the evolution of employee engagement over the last few years. More important is where all of this is headed and how do we proactively handle changes in employee desires and beliefs about work life.

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Scooped by Barry Deutsch
November 30, 2022 4:56 PM
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Is Your Employee Recognition Program Falling Flat?

Is Your Employee Recognition Program Falling Flat? | Retain Top Talent | Scoop.it
Rewards programs recognize workers for their efforts and attitudes, but what do employees really think about them? And are internally managed programs more meaningful than the online options so widely available these days?
Barry Deutsch's insight:

Many of my clients are extremely disappointed in their rewards programs that don't move the needle on employee engagement. Here is some of the underlying metrics and issues related to reward programs - are you implementing any of these initiatives?

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Scooped by Barry Deutsch
November 21, 2022 11:36 PM
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5 Ways to Beat the Great Resignation by Boosting Employee Engagement 

5 Ways to Beat the Great Resignation by Boosting Employee Engagement  | Retain Top Talent | Scoop.it
If the Great Resignation has taught us one thing, it’s that people aren’t willing to stay in jobs they hate. But why are so many people deciding to throw in the towel and move on to greener pastures?The answer is simple: it’s a combination of factors that all add up to make quitting your […]...
Barry Deutsch's insight:

The steps to fixing the problem that 50 percent of your workforce is looking for a new job are fairly simple. The challenge that I have is why are more companies not implementing these initiatives now?

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Scooped by Barry Deutsch
November 21, 2022 6:21 PM
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How 4 Leaders Are Building Greater Transparency Into Their Businesses

How 4 Leaders Are Building Greater Transparency Into Their Businesses | Retain Top Talent | Scoop.it
Today, transparency is critical for improving client and employee satisfaction, retention, and engagement. Here's what a few forward-thinking leaders have been doing to build it into their operations.
Barry Deutsch's insight:

What a novel concept - transperancy and trust. Maybe starting with groups defining goals and outcomes together for each team member. Most companies treat employees like they are mushrooms in a dark cave.

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Scooped by Barry Deutsch
November 17, 2022 11:08 PM
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What is the Performance Management Cycle?

What is the Performance Management Cycle? | Retain Top Talent | Scoop.it
The performance management cycle helps set your employees up for success and continued growth and development. Find out the cycles of an effective performance management system.
Barry Deutsch's insight:

Interesting model for performance management. Would some of these ideas help to improve the process, tracking, and reporting of performance management.

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Scooped by Barry Deutsch
November 15, 2022 4:49 PM
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36% of U.S. Workers Plan to Leave Their Jobs in 2023: Weekly Stat

More than a third of employees are staying, however, due to positive relationships with their companies and co-workers.
Barry Deutsch's insight:

Are you prepared for 1/3 of your employees to leave in 2023 - the number of employees disengaged and hunting for greener pastures is accelerating. What initiatives are you putting in place to counter this trend?

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Scooped by Barry Deutsch
November 15, 2022 12:04 PM
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Make More Money and Retain Top Talent With These 3 Tips

Make More Money and Retain Top Talent With These 3 Tips | Retain Top Talent | Scoop.it
Due to the Great Resignation, high performers are looking for better jobs. Here's how to keep top talent, make more money and grow your business simultaneously.
Barry Deutsch's insight:

A significant number of employees look for greener pastures when they don't feel they are growing. I think the authors of this article misinterpret growth as company expansion vs. personal job growth. I have yet to see a company that can't provide additional job growth in every role - autonomy, flexibility, learning, training, projects, challenges, asking for higher performance, coaching for the next job expansion. When people feel like they are stagnating - they are open to considering leaving. How many of your employees are stagnating?

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