Keys to Employee Retention-Webinar Recording

Video Transcription

Video Summary

In this webinar, Cynthia Keaton from Keaton HR discusses crucial strategies for employee retention through effective HR practices. She highlights various components that impact whether employees remain with an organization, including the significance of organizational culture, effective onboarding processes, ongoing feedback, competitive compensation, work-life balance, exit interviews, rewards and recognition programs, and the preparation of supervisors.<br /><br />Cynthia emphasizes the importance of engaging employees from the initial recruitment stage and throughout their tenure. She notes that onboarding should begin as soon as a job offer is accepted, focusing on making the new hire feel welcomed and valued. This includes having the necessary equipment ready, providing thorough training, and establishing clear communication and career progression pathways.<br /><br />She also advocates for the importance of an open and positive culture, suggesting initiatives like culture committees to continually assess and improve the workplace environment. Recognition of service milestones and contributions, alongside transparent and fair compensation, further solidify an employee’s connection to the organization.<br /><br />Lastly, Cynthia stresses the need to properly train supervisors as they play a critical role in employee retention, often being the main reason employees either stay with or leave a company. She finishes by summarizing the services her company provides, including culture surveys, HR compliance audits, supervisor training and development, and succession planning.

Keywords

employee retention

HR practices

organizational culture

onboarding processes

work-life balance

supervisor training

compensation

recognition programs

career progression