Case Studies: Cutting Turnover 20% and More During "The Great Resignation"

Status message

A session in this conference ends more than 10 days after the conference! Some sessions may not appear properly in My Session Planner.
2022 Annual Conference
Attendees will learn how to partner with their c-suite teams to provide leaders on all levels with skill training and retention accountability in order to reduce employee turnover.

How did a major healthcare company cut turnover by 22% and save $2.8 million during the great resignation? Or a food processing company reduce turnover by 23% and save $2.3 million? Or call centers cut new-hire turnover by 42% during these times? A recent MIT study proved employees are leaving "toxic corporate cultures" during the great resignation rather than seeking more pay...all while companies are raising pay and hiring less-qualified applicants to fill open jobs. This fast-moving session will prove that turnover can be greatly reduced during 2022 by applying a consistent five-step approach including implementing stay interviews and holding supervisors accountable to retention goals, all to ultimately move retention accountability from HR to operations where real solutions happen.

Learning Objectives:

  • Analyze turnover data in order to establish goals for all turnover and new-hire turnover.
  • Partner with finance to measure turnover's cost by gaining access to a proprietary turnover cost calculator.
  • Train leaders to forecast how long each employee will stay, providing executives with always-current retention information for top-performers while also holding leaders accountable to accurate retention forecasts.

In-person session offerings are on a first-come, first-served basis.

Date(s) & Time(s): 
Wednesday, June 15, 2022 - 8:45am to 9:45am
Presenter: 

Dick Finnegan

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.

Location: 
La Nouvelle Orleans Ballroom AB
Session Type: 
Mega Session
Competency: 
Business (Behavioral)
Leadership (Behavioral)
Hide from On Demand: 
Availability: