A challenge many organizations face is retention. You put a lot of effort into the hiring process to select people who possess high performance potential, only to have those people leave after a short time with the company. The result is a lot of wasted money, time, and effort. And you’re further away from your organizational goals.
There are a lot of factors that can contribute to a high turnover rate, but what you may be overlooking is the amount of engagement you foster in your new hires once they’re in the job. In everything from onboarding to annual reviews, you should be working to enhance the relationship between your employee and your organization. When you focus your development programs on building commitment, you might find higher retention in your top talent.