Retention Strategies for Keeping Top Performers
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Overview:
Just as approximately 60% of Millennials leave their company in less than three years and their turnover is greater than any other generation. Top performers can be from any generation and they turn over with similar frequency, unless you actively continue to re-recruit them. Unfortunately, most companies don’t have a focused retention strategy to retain these important employees.
Retaining top performers is critical to organizational success. They are talented, innovative, entrepreneurial, creative and can be demanding.
They are also highly mobile and prone to job hopping. Retaining top talent is a key business imperative and old strategies are no longer effective.Just as approximately 60% of Millennials leave their company in less than three years and their turnover is greater than any other generation. Top performers can be from any generation and they turn over with similar frequency, unless you actively continue to re-recruit them. Unfortunately, most companies don’t have a focused retention strategy to retain these important employees.
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