For a company to be successful, it has to retain its most talented workers. However, keeping retention rates high is not always easy. According to a 2015 report released by Learnkit, titled Creating a Win-Win-Win Learning Strategy for Your Organization, 89 percent of the 421 employees surveyed said it was important for employers to support their learning and development. Clearly, this is a priority for employees, and the best way to keep retention high is to invest in employees' personal and professional development. Yet how to best accomplish this investment often escapes leadership. The best way is to take a holistic approach throughout the entire life cycle of an employee, from onboarding to retirement. Recruiting the right people using tools that promote the company’s core values will go a long way. By hiring the right people with the right skills who fit into the company’s cultural fabric and hold the same values, a lot of work will already be taken out of retention. Training is also critically important over the course of an employee’s tenure. Breaking up training into modules that cater to the employee’s individual role and emphasizes the big picture is best, and it’s important to offer training frequently.
Retention Starts With Onboarding