In his presentation, Aulson will present the strategic steps that in process to identify competencies required for key roles within the organization, keep employees engaged and forward looking to reduce turnover, train managers on what to look for in determining high potential employees and using the performance appraisal process year round to track goals, growth and development. He will also discuss how, through the use of technology, they are able to track movement, progress and results.
The result has been employees who move in to key roles faster and turn over has decreased 2 percent, resulting in an annual bottom-line impact of at least $6 million. They have also seen a decrease in hiring spending because new hires are joining the company in more entry level positions, rather than trying to constantly hire at the experience levels.
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