RETENTION
Understanding employee values is the key to retention
There was a time when pay rises and promotions were seen as the best ways to stem turnover. But many employers are now looking more imaginatively about how they are going to keep their people. What they have discovered is that so-called soft benefits are not only less expensive but also more effective, according to a study by US human resources magazine Workforce.
A flood of recent studies shows that today's workers are looking for better ways to balance work and leisure, family and community time. Their values are shifting. These trends have intensified the need for employers to think creatively about how they are going to stop their people walking out of the door.
The July edition of Workforce offers a useful six-point plan for finding, keeping, and engaging great staff .
Want to know more?
Title: Retention strategies that respond to worker values , by Pam Withers, Workforce, July 2001.
Availability: Workforce is published monthly by ACC Communications Inc, 245 Fischer Avenue B-2, Costa Mesa, California CA 92626, USA. For subscription services, tel: 001 303 604 1464 (USA 800 444 6485). Or email the online editor Todd Raphael for more information . . . raphaelt@workforce.com.
Take a look at the article online — see what you think . . . www.workforce.com/feature/00/07/74