Cut Early Turnover! Seven Ways to Immediately Cut First-Year Turnover in Half

2016 SHRM Talent Management Conference & Exposition
Workplace Application: You will learn how to apply specific tactics to cut early turnover, reduce job openings and improve your organization’s productivity.

First-year turnover is very frustrating and expensive because new hires never repay you for their training. How can you cut it in half? Not with better pay, better benefits, better training, not even with an improved onboarding experience. The solutions are based on how we recruit, screen, make job offers, build trusting relationships and build in accountability. Learn seven tactics utilized by a major company that cut early turnover in half within four months. This session will help you learn:

·         How to design and apply realistic job previews so applicants fully understand the job, helping  to avoid post-hire surprises. 

·         Tactics to double the percentage of new hires from employee referrals (which decreases  turnover and improves productivity.) 

·         A job offer method that screens out short-timers and builds in long-service loyalty .

·         Tactics for assigning and rewarding early retention accountability.

Date(s) & Time(s): 
Tuesday, April 19, 2016 - 2:30pm to 3:15pm

Dick Finnegan


Dick Finnegan is THE global turnover expert, having cut turnover by 30% and more for healthcare, manufacturing, logistics, distribution centers, call centers, and other industries…and on all six inhabited continents.

Dick has authored the top-selling SHRM-published book, The Power of Stay Interviews, along with four other books. BusinessWeek magazine has said “Finnegan offers fresh thinking for solving the turnover problem in any economy”. He has been similarly cited by Forbes, Chief Executive Magazine, and Consulting Magazine.

He holds bachelors and graduate degrees from The Pennsylvania State University and lives in Orlando, Florida.

Pacific C
Amount of Credit: 
Credit Type: 
HR Credit
Session Type: 
Concurrent Session
HR Expertise
Intended Audience: 
Hide from On Demand: