Managing Employee Retention with On-Boarding and Training - The Human Capitalist - March 2009
Managing Employee Retention with On-Boarding and Training - The Human Capitalist - March 2009
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Managing Employee Retention with On-Boarding and Training |
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How Assessment Results Boost Retention and Increase Performance Managing employee retention is one of the biggest challenges many companies face. With so many employee retention strategies out there, it is often difficult to determine which one will work for you, your company and more importantly, your employee. The good news is, improving employee retention doesn't have to be as hard as you might think, but it must be something that is a concern from day one, not when you start to feel an employee slipping away. First, a job benchmark should be completed because it compels the company to focus on the job and allows for an unbiased process that lets the job talk. This process should establish key accountabilities which provide a detailed job description and outline what is expected for superior performance. Once you truly know the job, you can complete a job assessment to determine the skills it requires and the work environment it provides. With this information, your recruiting efforts will be more effective and you will know exactly what you are looking for in the ideal candidate. More importantly, the job benchmarking process will give you concrete information that you can use in your training and on-boarding process, including the key responsibilities of the job, the behaviors and skills that will lead to superior performance, and how the job naturally motivates an employee. Sharing this information with the new employee will ensure that they know exactly what they are responsible for and understand the characteristics that lead to superior performance. Next, implement an assessment that measures the new employee's personal characteristics and skills. If the manager already knows how to communicate with them, what motivates them and what skills they have and need to develop, the training and on-boarding process will be much more efficient and your new employee will hit the ground running. Be sure to incorporate the information revealed in the assessment results right into the on-boarding process. Not only will it benefit the manager, but this information also helps the new employee understand themselves and leverage their strengths while being aware of their weaknesses. Finally, the job and talent assessment together provide a great way to compare the new hire to the job. This comparison will allow you to manage employee retention with a training and development program that focuses on key gaps and leverages areas that show promise for success. Including this component in the on-boarding process will ensure that the manager is developing the new employee in areas that are required by the job and not areas that will hinder performance. The assessments used in the job benchmark and selection process are crucial components to a successful training and on-boarding program that manages employee retention. The assessment results will provide turn-key development material that help the new employee not only understand and appreciate the characteristics they bring to the job, but also understand how their characteristics compare to the job's requirements in the same key areas. However, not all assessments are alike and there are many factors you should consider in choosing the assessment that fits your needs. A reliable assessment tool that is designed for use in selection should:
This is a significantly different Human Capitalist Newsletter. We wanted to make sure we brought these services to the attention of our client community. Whether you're interested in either a complimentary assessment for your own personal & professional development or you would like to explore how Job Benchmarking and Assessing your existing talent might be of benefit to you, feel free to contact me directly for more information. |
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