While a recent survey found that 80% of hiring managers expect less than 5% of their employees to leave the company voluntarily in 2010, that same survey found that 60% of employees plan to pursue new job opportunities if the economy improves this year. This is according to a recent Manpower survey of 2,000 hiring managers which also found that 41% of employers do not have a proactive process in place to capture employees' job knowledge.
“Employees and managers need to have conversations about retention. Dialogue will go a long way in building mutual trust,” says Adam Alexander, Vice President of MasteryWorks, a leader in Career Development. “Managers should give an honest view of the company’s circumstances and engage their employees in the realities of the business challenges and competition. For example, managers should map out a career and professional development plan with their employees. Employees will then understand that managers are invested in their future and they'll be more confident in investing their time and careers with the organization.”
We have heard time and again that every employee is personally in charge of his or her own career. But career development takes a joint effort between manager and employee. If an employee doesn’t initiate a conversation about issues that bother him or her, managers should take the bull by the horns and initiate the conversation. Urges Alexander, “Leaders and managers should make every effort to ask every employee to come forward and talk about their issues. Dialogue is the key to building retention.”
Adam Alexander is Vice President of MasteryWorks, a leading career development solution to large- to mid-size companies. For additional insights, he can be reached at aalexander[at]masteryworks.com or 703-256-5712. The HR industry´s premier online community and resource for Human Resource professionals: HR, human resources, HR community, human resources community, HR best practices, best practices in human resources, online communities for HR, HR articles, HR news, human resources articles, human resources news, HR events, leadership, performance management, staffing and recruitment, benefits, compensation, staffing, recruitment, workforce acquisition, human capital management, HR management, human resources management, HR metrics and measurement, organizational development, executive coaching, HR law, employment law, labor relations, hiring employees, HR outsourcing, human resources outsourcing, training and development
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