Talent Retention and Employee Engagement ~ Bay Hewitt Training, Recruitment, Consulting Solutions - Philippines

Friday, May 31, 2013

Talent Retention and Employee Engagement

Hiring employees is just a start to creating a strong work force. Next, you have to keep them. High employee turnover costs business owners in time and productivity.  On any given day, 76% of the workforce is seeking other employment opportunities. Do you know what percentage of your talented employees are looking for new opportunities? If they leave how will it impact your competitive advantage and bottom-line?

In a business setting, the goal of employers is usually to decrease employee turnover, thereby decreasing training costs, recruitment costs and loss of talent and organizational knowledge. By implementing lessons learned from key organizational behavior concepts, Bay Hewitt can help you improve your retention rates and decrease the associated costs of high turnover.

The challenge is often how companies approach retention — reactively. Retention issues are ignored until the company suspects an employee might bail, at which point it’s addressed by offering the employee some kind of enticement to stay, and then it’s back to business as usual. This approach might work in the short-run, but does nothing to cultivate longer-term loyalty.

Bay Hewitt has a better approach: to address retention proactively, as a strategic issue.

With proven links to productivity, customer engagement, quality, retention, safety, and profit, Bay Hewitt's unique employee engagement approach blends strategic analysis with practical steps and advice to change how leaders view their work, their employees, and their customers. Improving engagement goes beyond simply asking the right questions. Bay Hewitt supports organizations in systematically improving employee engagement using proven interventions at both the local and enterprise level. This process includes identifying the right performance metrics that drive accountability, creating a comprehensive communication strategy, and designing development opportunities for every employee, manager, and leader.

Successfully managing the employee-customer encounter is one of the toughest challenges businesses face today. The top-performing companies know that an employee engagement strategy that is linked to bottom-line outcomes will help them win in the marketplace.

Organizations need to provide clear objectives and a work environment that recognizes the value of their employees. Yet retention and engagement aren’t achieved through organization -wide work/life policies, talent management systems or culture initiatives alone. And, realistically, if employees themselves aren’t clear on what they do well and what matters most to them, it’s unlikely that any work situation will engage them. (It’s the “You can’t get what you want if you don’t know what you’re looking for” dilemma.) Managers can make a difference, but not if they themselves aren’t crystal clear on what the organization needs or their well-intentioned coaching misses the mark.

Bay Hewitt was founded on the concepts of values-driven professional growth and mutual success. Our unique tools and processes release the full potential in every employee, helping individuals find their own reasons to give all they can. Our experienced consultants can help you shape and implement initiatives to get employees on board quickly, align them to new strategies, redirect them after a major change or raise the bar on performance.

Driven by this insight, Bay Hewitt works with clients to accelerate their business performance by helping them effectively engage their employees. We do this by making meaningful connections that build trust. We help connect employees with their company, with each other and with the outside world. Engaged employees are individuals who go beyond what is required of them, always looking for ways to create additional value for their business. They willingly advocate their organization to customers, colleagues, friends and family because they feel a connection to their work and are proud of what they do.

If you would like to learn more about how we can help you, please email us at info@bayhewitt.com or contact us via our form HERE. You may also request for a proposal now based on your needs by clicking HERE.