Targeting Turnover Blog - Page 9

Exit Interviews – More Like Autopsies or Toe Tags?

February 7, 2023
Richard Finnegan
Articles

Exit interviews are often constructed so poorly that the most common leave reason is “better opportunity”. How can HR possibly quantify what “better opportunity” means? Perhaps managers should be asking their current employees why they stay.

Supervisory Training’s Missing Piece: Practice

January 31, 2023
Richard Finnegan
Articles

Choose any one of the hot current supervisory training programs and you’ll find they all hit the wall in day-to-day use due to a very easy-to-grasp reason; because we ask the attending supervisors to be reactive vs proactive, that “the next time this circumstance happens, do this”.

How a Governor’s Law Could Improve Recruiting and Retention

January 23, 2023
Richard Finnegan
Articles

Pennsylvania Governor’s Law Improves Recruiting and Retention

On his first day in office, Governor Josh Shapiro of Pennsylvania signed into law that 92% of state jobs will no longer require a college degree. Implementing the “Pennsylvania plan” helps improve recruiting and retention efforts through the change of developing careful language and screening processes to match candidates with real job qualifications.

Why “Lost Productivity” Is the Highest Turnover Cost

January 17, 2023
Richard Finnegan
Articles

This discussion should be especially interesting for anyone charged with reducing turnover. First, We Should be Calculating Turnover as Dollars Not Percentages Our company’s Finnegan’s Arrow model is the spine for each of our retention solutions. It’s the starting point…

7 Employee Retention Resolutions for 2023

January 10, 2023
Richard Finnegan
Articles

What should every company resolve to do in order to cut turnover during this shiny new year? Here are seven suggestions that you should be considering.

My First Example of Why Building Trust Matters

December 19, 2022
Richard Finnegan
Articles

My First Example for Why Building Trust Matters

I write and speak about building trust a lot. And while data makes clear the number one reason employees stay or leave is how much they trust their boss. I learned all I needed to know about building trust from my “first boss” Bob Bowen.

How Much Can Pay Fix Turnover?

December 6, 2022
Richard Finnegan
Articles

Companies that believe retention is based on pay, benefits, or any other traditional reason are dogs chasing their tails. They will never out-pay their competition for talent…but they will irritate and lose top performers by constantly raising starting pay without addressing pay compression for others.

I’m Thankful for This One Career-Changing Day

November 22, 2022
Richard Finnegan
Articles

This story is the genesis of my completely re-directing my career by taking one idea…how to cut turnover…and launching my second-half entrepreneurial work life.

Last Thursday and Retention Accountabilities

November 15, 2022
Richard Finnegan
Articles

Two things happened last Thursday that will juice anyone’s interest in cutting employee turnover…and both were about getting c-suite executives to support moving retention accountability out of HR to the frontline managers where it belongs.

Would a Recession End “The Great Resignation?”

November 8, 2022
Richard Finnegan
Articles

For those of us who study workforce data and those who live with the results of workforce shortages, the question is, “Would a recession bring with it a silver lining by realigning our number of workers with our number of open jobs?”