Free Employee Retention Resources
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Use these free retention resources as often as you wish or refer others to them. Check back, too, because we update them.
*Cost Calculator: Calculate What Turnover Costs You Now
Is employee turnover costing you too much or not?
*Free 27 Page Retention
Workbook: 10 Strategies to Develop an Effective Employee Retention
Program
Free employee retention workbook includes a complimentary subscription
to our monthly ezine, Retain & Gain.
*Free
13 Page Report: "Why Employees Leave"
Learn why employees leave and how to keep your valuable employees
longer.
*Free Article: "Keep
More New Hires"
Strategies for reducing new hire turnover.
*Free Ezine: Retain &
Gain
Monthly email newsletter with tips, tactics & strategies to reduce turnover, increase retention.
*Assessment: How Retention-Capable is Your Organization?
Take this quick survey and find out.
- We have a stated or written retention policy in place.
- Our internal departments (HR, Finance, Operations) agree on the measures needed to calculate turnover and its costs.
- We calculate turnover costs every month.
- Turnover costs are reported to management at least monthly.
- We have a resignation policy in place so if a valuable employee resigns, we have an action plan to improve our chances of keeping them.
- Our new hires stay long enough so we recoup the investment we make in them.
- We know why our best or most valuable employees stay and what would tempt them to leave.
- Annual employee surveys have at least 6 to 10 retention questions so we have a much better idea of how satisfied our employees are and how committed they are to staying.
- We know what our turnover costs are compared to our operating income, and they are lower.
- We recognize a clear relationship between employee retention, customer retention, and corporate profitability.
- We understand turnover is a strategic issue and not "just an HR problem."
- A career development path is provided to our employees.
- Our employees' relationships with their immediate supervisors are very important; we provide retention training and skills for our supervisors, managers, and executives.
- Exit interviews are conducted so we know why people leave and so we can take corrective action.
- We know longer term employees have fewer accidents which improves our safety record.
- We know longer term employees make fewer mistakes and errors which helps our quality scores.
- Top management is regularly involved in our retention efforts.
How did your organization score?
15 to 17 "yes" answers: a high retention organization.
12 to 14 "yes" answers: an organization with good retention skills.
9 to 11 "yes" answers: about half right, important work to do.
8 or fewer "yes" answers: turnover is likely costing you too much.
Talent Management services to help you attract, retain, develop, and transition talent are available nationally and internationally; 170 offices in 30 countries. Link to Career Partners International/RWCaldwell Associates at www.rwcaldwell.com, a Preferred Business Partner of ours.
Strategic employee retention associate: helpful books, articles, research, consulting: www.hermangroup.com.
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