Retaining talent is critical to the long term success of a company. Managers spend a lot of time, effort and money in the hiring process to screen and select the best possible employees and they definitely need to retain that talent.
Employee turnover has a high associated cost and various estimates show what that could be. According to a study by the Society for Human Resource Management, employers need to spend the equivalent of six to nine months of an employee’s salary in order to find and train their replacement.
In the world today being a WINNER is a sign of success. On the other hand, if somebody fails or is unproductive in our society he or she is marked as being unsuccessful. But most people are somewhere in between winning and losing and end up by winning in some areas of their lives and not so much so in others. However, victory is the ultimate factor for most of us and we tend to live and die by it.
The year has begun. Goal setting processes have started and maybe still in progress. However why not try it out in a new fashion to make it more effective by utilizing the Domino Effect.
“Accept responsibility for your life. Know that it is you who will get you where you want to go, no one else .” Les Brown
The manner in which we talk to people has a big impact on whether they accept our feedback or close their minds to it. This applies to all walks of our life be it at work in our role as a manager, leader, or as a colleague. It also applies to our closer inner circle of family or friends.
In all work environments the pressures ebb and flow, during different times of the year, new product launches etc. other activities depending on the business and function you are working in. At times we feel that we are in control of our work and that’s good, but at other times we are lost when unexpected issues, setbacks or pressures from colleague’s absence may cause tensions and stress. It is in such scenarios that if you keep your focus and manage our productivity levels that you can easily come out on top.
HR is first 