Retention Consulting

Retention Consulting

What if I could identify your key staff members, find 5 different ways to poach staff members from you and hire them away to your competitor? What if that key staff member was a developing engineer or your President or top sales person?

Have you ever sat down and calculated how much it will cost you to replace just oneemployee? $50,000 $150,000 $250,000?

I do not need to tell you that with the present economy, retaining key employees can be critical to the profitability of your company. Protecting your company from your competitors is critical today.

There is still a shortage of talent in the US, unemployment is still low and there are no top guns sitting in the talent pools of the unemployed. According to the Census, we can expect a shortage of talent in the US for the next 10 years.

If you recently laid off any staff, you are about to lose another 10 – 15%. (see my article in Broadband Mag. April issue) The numbers are staggering and in many cases that 10% represents losses exceeding $2 million to a corporation. But there is a solution. We can show you how to:

  • Retain critical staff members
  • Reduce your Turnover and Attrition to less than 10%
  • Stop the penetration of poachers from your competition.

If I can prevent 1 key employee from leaving your firm, you will have saved at least $50,000 in replacement costs – that alone should entice you to pick up the phone and call me now.

Program 1:

This program is designed for smaller firms that want a snapshot of what’s going on in their company, as well as some honest evaluation and feedback on retention problems and solutions. This involves a One Day on – site visit to your company with follow up summaries and recommendations.

  • Penetration Analysis of Your Company – we will expose your vulnerabilities to competitor intelligence, staff poaching and headhunter penetration
  • Key Staff Interviews – we will interview key staff on an anonymous basis, to give you some honest feedback to culture, employee job satisfaction and identify dissatisfaction & turnover causes.
  • Identify Signs of Defections – there are several warning signs. We will identify any existing in your company and recommendations to prevent defections
  • Detailed Summary
  • Detailed Recommendations
  • Two Follow Up Phone Conversations
Program 2:

This program is designed for any size firm that wants in-depth information, honest evaluation and feedback on retention problems and solutions. This involves a One Week on-site visit to your company, and includes all of the below.

  • Penetration Analysis of Your Company – we will expose your vulnerabilities to competitor intelligence, staff poaching and headhunter penetration
  • Interview Employees – on a random, anonymous basis, to give you some honest feedback to culture, employee job satisfaction and identify dissatisfaction & turnover causes.
  • Interview Management from Line Manager – CEO – to obtain honest feedback to job satisfaction, management perception of turnover & retention and management style effectiveness.
  • Interview clients/vendors – on a random basis to obtain their perception of your company and staff regarding culture, management, branding and turnover.
  • Identify signs of Defections – there are several warning signs. We will identify any existing in your company and make recommendations to prevent defections
  • Review Existing Retention and Staffing Plan – and include any recommendations to improve efficiency and results.
  • Cultural Effectiveness Analysis – many companies go through several cultural changes in a business cycle which can have adverse effects on turnover and attrition. You’ll receive feedback and recommendations.
  • Turnover Reduction Plan – You will receive a step by step plan to reduce turnover
  • Detailed Summary
  • Detailed Recommendations for Retention, Staffing, Culture, Turnover Reduction and Management.
  • Five Follow up Conversations (phone or in-person)