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
July 20, 2020 12:58 PM
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Why Now is More Important Than Ever to Measure Employee Satisfaction

Why Now is More Important Than Ever to Measure Employee Satisfaction | Retain Top Talent | Scoop.it
COVID-19 has presented its fair set of challenges to HR professionals and organization leaders everywhere.The basic needs of our employees have changed,...
Barry Deutsch's insight:

Are you surveying your employees to get their reaction to how you're managing them in a remote/hybrid work environment. Most employees are frustrated by their employers approach to management (coaching, learning and development, ease of getting work done, performance management, communication, and recogniton.

 

It's hard to fix problems and issues unless you understand the underlying concerns. Is now the right time to solicit this feedback from your workforce?

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Scooped by Barry Deutsch
July 16, 2020 11:15 PM
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How to improve employee engagement

How to improve employee engagement | Retain Top Talent | Scoop.it
Tap into technology like Yammer to reach a remote workforce. At the start of the pandemic, communicators were thrust into a crash course on how to engage a remote workforce. Some were more prepared than others.
Barry Deutsch's insight:

In my complimentary workshops for Vistage Groups on Managing Remotely in a Crisis we've been talking about the need for leveraging technology to improve communications. Many companies are still stuck ina 1970s model of old-school communication even with a hybrid model of some staff in the office and some remote. EVERYONE is now a technology company. Are you helping your employees to be successful or do they feel like mushrooms in the dark.

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Scooped by Barry Deutsch
July 15, 2020 8:51 PM
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5 Tips for Communicating with Employees During a Crisis

5 Tips for Communicating with Employees During a Crisis | Retain Top Talent | Scoop.it
Based on a survey of more than 800 employees across 10 organizations.
Barry Deutsch's insight:

Some really good tips for communicating with employees in a Crisis by HBR. How do relieve some of the fear, anxiety, apprehension, separation loss, and sense of divorce from the culture? How do you help move folks out of Maslow's level of Safety and Security concerns - hard to be productive when I'm worried about whether I'll have a job.

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Scooped by Barry Deutsch
July 13, 2020 12:55 PM
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Employee Empowerment: Definition, Benefits, and Factors

Employee Empowerment: Definition, Benefits, and Factors | Retain Top Talent | Scoop.it
Find out the benefits of employee empowerment and how to provide your employees with everything they need to deliver incredible results.
Barry Deutsch's insight:

What are some of the key elements in driving employee engagement, productivity, and effort - autonomy, decision making, authority, control over their work, not being micro-managed.

 

Good article coming at the issue of how do you empower your employees? This quote of a survey is frightening:

 

"those who felt disempowered were rated at the 24th percentile of engagement while those with a high level of empowerment came in at the 79th percentile."

 

Are you in the bottom quartertile of engagement (productivity) becuase your employees feel powerless to effect/impact their job?

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Scooped by Barry Deutsch
July 6, 2020 7:47 PM
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10 Ways To Reward Your Remote Workforce

10 Ways To Reward Your Remote Workforce | Retain Top Talent | Scoop.it
In our new remote world it's important to know how to motivate your workforce.Here's 10 tips to reward your remote employees...
Barry Deutsch's insight:

Some good ideas from Insperity on rewarding, recognizing, appreciating, and showing gratitude toward the employees working remotely. Although many of these ideas represent the foundation of good employee recognition programs, I am still amazed at how many organizations are not practicing these basic fundamentals.

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Scooped by Barry Deutsch
July 6, 2020 7:36 PM
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19 Creative and Sincere Employee Appreciation Ideas

19 Creative and Sincere Employee Appreciation Ideas | Retain Top Talent | Scoop.it
For managers who want a culture of appreciation but can't get started. Try these employee recognition ideas to compliment your workers on a job well done.
Barry Deutsch's insight:

Many of my clients are at a non-existent to minor use of employee recognition to drive motivation and productivity. Here is a great framework and some creative ideas to executive on employee recognition. Which of these ideas is most relevant for your organization?

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Scooped by Barry Deutsch
July 1, 2020 2:35 PM
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67% of Companies Expect Work From Home to Be Permanent or Long-Lasting

67% of Companies Expect Work From Home to Be Permanent or Long-Lasting | Retain Top Talent | Scoop.it
A new survey finds a majority of companies believe employees may be in a work from home situation permanently following the pandemic response.
Barry Deutsch's insight:

The problem with studies showing that the trend with remote work is increasing and will continue to increase/speed along due to the COVID challenges.

 

The unfortunate news is that most companies are ill-prepared to managed remote workers. I'm covering 8 key points in my 90 minute Virtual Vistage Workshops on Managing Remotely in a Crisis. The lack of pivoting, innovation, best practices, and changing cultures due to remote workers is almost zero. Most organizations are applying the same tactics of managing they've been using in physical proximity over the last few decades. It DOES NOT WORK anymore.

 

Expectations of work performance are non-existent, employee engagement and productivity is weak. communication is horrific, and employees feel cast aside, lonely, out of sync with the team and culture.

 

Let's fix these fundamental problems of how to manage remotely before throwing more people into home office environments.

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Scooped by Barry Deutsch
June 24, 2020 12:25 AM
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Fixing Performance Management: Coaching

Fixing Performance Management: Coaching | Retain Top Talent | Scoop.it
Fixing Performance Management: Coaching - Mighty You founder, Gene Pease, shares his key insights into coaching and leadership....
Barry Deutsch's insight:

Some good reminders and insight into the role of the manager/leaders as coach. How to not fall victim to having problems (the monkeys) transferred onto your back. Plus, he quotes one of my favorite - Zig Ziglar.

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Scooped by Barry Deutsch
June 22, 2020 4:02 PM
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Employee Experience: Using Empathy Maps - #HR Bartender

Employee Experience: Using Empathy Maps - #HR Bartender | Retain Top Talent | Scoop.it
The employee experience drives engagement and retention. As we bring employees back to the workplace, focus on the employee experience.
Barry Deutsch's insight:

Here's a radically different approach to thinking about the experience your employees have around engagement, recognition, and culture. You might want to consider an empathy map.

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Scooped by Barry Deutsch
June 22, 2020 3:50 PM
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Employee recognition - how do you stack up? Quiz

Employee recognition - how do you stack up? Quiz | Retain Top Talent | Scoop.it
How good is your organisation at employee recognition? See how you stack up against The Applause Index!
Barry Deutsch's insight:

Here's an interesting quiz on identifying where you are in having a systematic, structured, organized, planned approach to employee recognition.

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Scooped by Barry Deutsch
June 22, 2020 2:24 PM
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How to Keep Your Remote Employees Motivate and Engaged

How to Keep Your Remote Employees Motivate and Engaged | Retain Top Talent | Scoop.it
Employee engagement is one of the best ways to motivate and inspire your employees to achieve more. Here is how you help your remote employees do more.
Barry Deutsch's insight:

Some good reminders about keeping the folks who are still working remotely both engaged and motivated. Some of these ideas I've been sharing in my zoom workshop for Vistage Groups on Managing Remotely in a Crisis: regular check-ins/1-to-1s, setting goals/outcomes, having fun and team-building.

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Scooped by Barry Deutsch
June 18, 2020 9:17 PM
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The easiest way to hire for potential –

The easiest way to hire for potential – | Retain Top Talent | Scoop.it
Past performance does not guarantee future success. That is a rule of thumb that most hiring managers should have when interviewing talent. Everyone wants to hire and retain top talent, but how do you determine what top talent is?
Barry Deutsch's insight:

I have to agree with the author in this article on measuring talent = the number one trait is high self-motivation. We could use lots of different words to describe what that means - including drive, initiative, proactivity, passion, focus on self-improvement, anticipatory behavior, striving to constantly get better.

 

Measuring these elements are easy. The best have an abundance of them = and can share specific examples to illustrate them. The weak ones will struggle to come up with anything of substance around self-motivation with specific examples.

 

There are many factors that go into measuring someone's ability to achieve your expectations - the issue of self-motivation is number 1.

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Scooped by Barry Deutsch
June 17, 2020 12:04 PM
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Job Openings -29% Since March, Employee Satisfaction Drops as Crisis Drags On

Job Openings -29% Since March, Employee Satisfaction Drops as Crisis Drags On | Retain Top Talent | Scoop.it
Key Findings U.S. job openings continue to decline to 4.3 million. Job openings are down 29 percent since early March but may soon bottom out.  Employees are increasingly dissatisfied with their employers’ response to the prolonged COVID-19 crisis.
Barry Deutsch's insight:

Some interesting research out of Glassdoor on employee satisfaction during the Corona Virus Crisis and the overall job market trends.

 

What's my takeaway from this report:

 

1. We need to do a better job of boosting remote worker engagement to stimulate higher levels of productivity.

 

2. Now might be a great time to upgrade some of your staff members with better talent at a more affordable rate.

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Scooped by Barry Deutsch
July 16, 2020 11:19 PM
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How Recognition Helps in Retaining Employees

How Recognition Helps in Retaining Employees | Retain Top Talent | Scoop.it
Failure to recognize top performers leads to low retention rates. Learn how leaders can retain talent through changes in the company culture.
Barry Deutsch's insight:

Recognition is the second most important element of engaging employees to drive high productivity. Why then do most companies give it little focus or effort. In at least 75% of the companies I have engaged with in the 60 complimentary 90 minute workshops I've done for Vistage Groups there is no comprehensive program for non-monetary rewards and recognition.

 

The result is a shameful level of low productivity since the majority of your employees believe that you don't care if they work hard and put in extra effort.

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Scooped by Barry Deutsch
July 15, 2020 8:53 PM
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Why reward and recognition are critical to employee engagement during the coronavirus pandemic

Why reward and recognition are critical to employee engagement during the coronavirus pandemic | Retain Top Talent | Scoop.it
The businesses that support, appreciate and reward their employees during this time will see better engagement in the long run. Find out more in peoplevalue’s latest article.
Barry Deutsch's insight:

I spent a lot of time today with one vistage group focusing on employee recognition. My research indicates that it's the next most important element in employee engagement/productivity - after defining clear expectations for everyone.

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Scooped by Barry Deutsch
July 13, 2020 1:30 PM
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Impact of Employee Engagement on Productivity & Quality

Impact of Employee Engagement on Productivity & Quality | Retain Top Talent | Scoop.it
It is evident that the workforce from most organizations is operating remotely now, owing to the pandemic.Management in most organizations are working...
Barry Deutsch's insight:

One of the topics I speak on in my complimentary presentation for Vistage Groups titled Managing Remotely in a Crisis is for managers to show empathy toward their team members.

 

Here's that key point being reinforced. The key is training managers how to be empathic - since for most managers it is not naturally occuring.

 

Here's the quote:

 

"Be trained on practicing empathy during this extreme situation. This can start as a weekly session and everyone can share their real-life stories where they displayed empathy with each other.

This allows your employees and supervisors to understand each other and this approach drives employee engagement and productivity in the whole team."

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Scooped by Barry Deutsch
July 6, 2020 7:50 PM
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Diana Dosik: Why we need to treat our employees as thoughtfully as our customers | TED Talk

Today's companies know everything there is to know about their customers and will stop at nothing to ensure that their experience is pleasant and meaningful. But what if they directed some of that same energy at understanding and engaging their employees?
Barry Deutsch's insight:

Fascinating TED talk presentation on the flip side of focusing on customer satisfaction by examining the impact of employee satisfaction and the gap in effort, productivity, and impact.

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Scooped by Barry Deutsch
July 6, 2020 7:39 PM
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Remote work: Companies should examine if they need an office

Remote work: Companies should examine if they need an office | Retain Top Talent | Scoop.it
Commentary: Companies should examine remote work policies in light of coronavirus and determine if it makes sense to have an office.
Barry Deutsch's insight:

Interesting article on the Fortune.com website related to a blended experience of working remotely and having people in the office. It''s going to be hard to put the "genie" back in the bottle after giving people a taste of working remotely. Are you preparing for the new abnormal environment of a blended work experience?

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Scooped by Barry Deutsch
July 1, 2020 2:39 PM
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Learning from an agile operating model | McKinsey

Learning from an agile operating model | McKinsey | Retain Top Talent | Scoop.it
Companies with agile operating models have managed the impact of the COVID-19 crisis better than their peers. Here’s what helped them cope.
Barry Deutsch's insight:

Interesting article bordering on an intellectual discussion of operating models/theory. Do you use an agile model to navigate in times of crisis or do you return (or not change/pivot) from your traditional model of decision making, innovation, ideation, change management, implementation and execution?

 

Most companies have their executive teams wrining their hands, holding their head in their hands, and wondering when the crisis will end so they can return to business as normal.

 

We're never going to return to business pre-Covid. Let's embrace that reality now. Given that we must change and pivot, what's the first step?

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Scooped by Barry Deutsch
July 1, 2020 2:28 PM
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How To Attract, Retain, And Lead High Achievers

How To Attract, Retain, And Lead High Achievers | Retain Top Talent | Scoop.it
High achievers get frustrated by lack of advancement and innovation and leave the organization. The company is then left with average or below-average employees.
Barry Deutsch's insight:

The author identifies such basic elements of personal growth, impact, and learning that allow you to retain top performers. How basic can you get? Simple Maslow Hierarchy of Needs elements. Yet, most organizations fail miserably to engage their best performers. Over time, literally like a brain drain, these folks leave for greener pastures.

 

Your best performers are your Pareto Group - where you get 80 percent of your results from the top 20 percent. This is the group we should be nurturing, hand-holding, encouragin, and challenging. Yet, in most companies the vast manjority of leaders feel that since these folks are the most independent, self-starters, and self-motivated - they don't need pats on the back and emotional support. WRONG!

 

When this group starts to trickle out the door, you're in real trouble. What specific plans/initiatives do you have in place to keep these folks from considering "is the grass greener somewhere else?"

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Scooped by Barry Deutsch
June 24, 2020 12:22 AM
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Council Post: Using Culture To Discover What Your People Need For Success

Council Post: Using Culture To Discover What Your People Need For Success | Retain Top Talent | Scoop.it
Ask your people what they want. They’ll tell you, if they feel safe to.
Barry Deutsch's insight:

In my workshops on raising engagement and productivity, I talk about the need for leaders to show empathy in their coaching by asking questions. Jay Steven Levin posts some good ones in his recent Forbes article.

 

I call this type of dialogue an LIB discussion - learning, impact, and becoming. The technical HR term for the discussion is a stay interview.

 

Regardless of what you call it - are you as a leaders asking these questions? Are you afraid to ask the questions? If you're not doing it as the boss - everyone else is trying to hook your top performers by engaging in this conversation: former associates, recruiters, and friends. Don't you want to in the drivers seat determining whether your top performers think the grass is greener somewhere else?

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Scooped by Barry Deutsch
June 22, 2020 3:59 PM
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The Science of Employee Recognition and Rewards

The Science of Employee Recognition and Rewards | Retain Top Talent | Scoop.it
Think employee recognition is fluff? Think again. This stats-driven guide reveals the value of employee recognition, plus how it can transform your company.
Barry Deutsch's insight:

More statistics on the value of having a good employee engagement and recognition strategy and process.

 

"81% of employees say they’re motivated to work harder when their boss shows appreciation"

 

That by itself should be enough of an incentive to create a good program. Most companies recognition and engagement programs are either non-existent, left up to individual managers, or so superficial they border on useless.

 

Second most important element in driving productivity. We wonder as CEOs and senior execs why the productivity of the organization is so bad compared to where it should be.

 

When people don't feel engaged and appreciated, they give you the absolute rock bottom minimal level of effort that they think you'll tolerate without firing them. Shameful!

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Scooped by Barry Deutsch
June 22, 2020 2:26 PM
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Types of Employee Recognition and Rewards - Bonusly

Types of Employee Recognition and Rewards - Bonusly | Retain Top Talent | Scoop.it
There are many ways employers recognize staff contributions, but there are two main divisions between employee recognition styles: top-down, and peer-to-peer.
Barry Deutsch's insight:

I liked the breakdown of different kinds of recognition - and opportunites to recognize your employees. The key is to put in place a rigorous system of recognition vs. a random process based on what each managers wants to do.

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Scooped by Barry Deutsch
June 18, 2020 9:20 PM
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How to manage poor employee performance

How to manage poor employee performance | Retain Top Talent | Scoop.it
When one member of your team begins to perform below par, this can have a knock-on effect across the whole business. So, dealing effectively with performance issues is a must. Your team is the beating heart of your company.
Barry Deutsch's insight:

The key to performance mangement - not just poor employee performance - is:

 

"if employees are going to perform well, it’s vital that you have agreed goals and targets for each role in the team."

 

This idea of defining outcomes, deliverables, goals, objectives, metrics, and KPIs is the most important factor in hiring, performance management, and employee engagement.

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Scooped by Barry Deutsch
June 18, 2020 4:08 PM
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How To Maintain Employee Engagement During A Crisis

How To Maintain Employee Engagement During A Crisis | Retain Top Talent | Scoop.it
HR departments across the world are ramping up employee engagement efforts as a new state of work emerges. Find out how you can form the right strategy.
Barry Deutsch's insight:

Good refresher on core elements of employee engagement - measuring it, benchmarking, Gallup research. Frightening stats on weak employee engagement.

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