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Stop the Bleed: Maintaining Employee Retention | Episode 15
This week, Ron and Kristin address: "Stop the Bleed." The US workforce is currently experiencing what is being called “the great resignation,” a mass exodus of the workforce. This episode will explore why this is happening and ways to stop the bleed at your organization. This can be the difference between success and failure for many companies. Merely the cost associated with hiring and onboarding can be astronomical. It’s time to look at productive ways to retain employees so The US doesn't bleed out as a collective workforce? Don't miss this important episode.
Sources: Forbes Magazine; 2019 Glassdoor study; 2022 JOLTS report; The Society for Human Resource Management; Upwork’s Future of Workforce Pulse Report; 2020 Gallup report, Employee Burnout; and 2018 report on the Employee Experience by Udemy.
Additional Notes:
Perks to help employee retention:
Bereavement time for a pet passing away
Work from home for a day
Bring them breakfast
Watch a movie at work
Pay for an adventure eg escape room, kayaking, etc
Post accomplishments in a public way
Change dress code on Fridays
Company swag
Happy hour -
Mentions in company newsletters
Wine tasting
Gift cards
Scavenger hunts
Care packages
Cash bonuses
Stipends for personal growth experiences
Extra days of paid time off (PTO)
Lunch with the chief executive officer (CEO)
Team lunches
CEO for a day - Ron always alternated the acting Division Chief to give people opportunities.
Charity gala tickets
Thank-you meetings
Certificates
Team service projects
Food trucks
Peer recognition programs
Birthday celebrations
Work anniversary celebrations
Meetings at coffee shops
Family days
Healthy competitions
Bring-your-pet-to-work days
Laundry services
Where leadership meets entertainment! This weekly podcast takes both a humorous and intense look at leadership through impactful stories, answers to listener questions, and breakdowns of dirty lessons from Ron's best selling book, "The Dirty Side of Leadership".
Connect with us at 4wardoperations.com
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