STRENGTHEN and RETAIN TALENT in LEEDS
Maintaining, developing and strengthening your talent is essential to the success of you and your business. No-one likes to lose a talented employee to a competitor just because they have been taken for granted or not developed. Similarly, if your team is not pulling together then talented people will leave.
The costs of employee retention are small when compared to the costs of losing and employee. Josh Bersin of the Josh Bersin Academy, and formally of Deloitte, highlighted key factors that contribute to the costs of losing an employee. These include:
Recruiting costs
the direct cost of hiring a new employee including advertising, agency fees and assessment costs.
Induction costs
including management time, preparation and initial training.
Lost productivity
it can take a new employee one or two years to reach the productivity of an established person.
Lost engagement
in the event of a high turnover of staff, existing staff tend to disengage and look for new roles and your staff turnover can really damage your business.
Customer service & errors
new employees take longer to complete tasks and take more time to solve problems as the corporate memory is lost.
On-going training costs
direct costs associated with bringing the new employee up to the same speed as a previous employee. This can account for a further 10% to 20% of the employee’s salary.
Cultural Impact
Many businesses invest significant time and resources into creating a culture that is right for them. A change in personnel, especially in a position of influence, can cause disruption and dissatisfaction unless done correctly.
Reduce the Risk of Staff Turnover in Leeds
This is why we work with our clients and use the full suite of Saville Assessment psychometric tools to help you better understand your people and team dynamics, maximising the productivity of the work force by creating agile, high performing teams and identifying the behaviours that have the potential to drive success and build strong talent pipelines.
By working with Grove House Assessment and our suite of Saville Assessment occupational psychometric tools, you can significantly reduce the risk of staff turnover and develop high performing teams that work together.
We Can Help You in Leeds:
maximise the potential of your employees at all levels
identify individual potential and the behaviours which drive success for building strong talent pipelines
create agile, high-performing teams that drive better workplace effectiveness
understand what employees do best and where to align against business deliverables
bridge the gap between performance and potential to drive powerful development activity
improve individuals’ self-awareness in order to harness their talents to maximum effect
drive sustainable engagement across all levels to increase talent retention