Is It Pay? Fact-Based Reasons Employees Quit Plus Real Retention Solutions
Multiple studies tell us employees are quitting during "the great resignation" for both historic and pandemic-driven reasons, yet most companies' knee-jerk reaction has been to raise pay. And many managers say companies should raise pay even more, putting HR pros in a daily defensive bind. Solutions will be presented that have consistently cut turnover across all industries by 20% and more that focus on leaders building one-on-one stay plans with each individual employee.
Learning Objectives:
- Learn the primary reasons employees are quitting jobs and pay is not near the top.
- Train your managers to develop one-on-one stay plans for each employee by using Stay Interviews.
- Influence executives to support Stay Interviews by converting turnover to dollars and establishing retention goals.
In-person session offerings are on a first-come, first-served basis.
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If a speaker has provided session materials, please visit https://presentations.shrm.org
All virtual sessions inherently run the risk of audio or visual issues due to factors out of our control. If any technical difficulties arise, we appreciate your patience and understanding as we work diligently to resolve it. Most virtual sessions are recorded and will be available to view on demand until Monday, August 14 at 8:00 AM PT.
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.
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