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Staff
Turnover: Want to Know The Secret To Better Retention? Just Ask Your
Staff!Paul Quinn discusses
the growing trend within HR functions towards setting up continuous web-based
staff feedback loops. Renowned
HR expert Dr. John Sullivan once wrote:
| Asking employees at time of termination
"why are you leaving" is like asking your spouse "how to improve
the marriage" on the day before the divorce is final! By that time it's too
late to do much anyway. | Although
staff retention rates are a major concern amongst many of today's HR leaders,
there are some who still find the real causes of high staff attrition rates harder
to pin point than the culprit in a classic Agatha Christie murder mystery. |
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A simple example stems from the Saratoga
Institute. Their 2003 survey revealed that 89% of managers believe employees leave
for more money. But, in fact, the survey found that 88% of employees leave for
reasons other than money. Indeed a study by Mercer Human Resource Consulting conducted
in Australia in 2003 revealed that the most important attributes that Australian
employees value about their job were: 1.
The existence of opportunities for advancement, 2. Training, and 3. A
clear career path. Today,
the invent of cost effective online survey technology is helping transform the
traditional mindset of HR practitioners regarding the challenges around collecting
staff feedback. The fact is that understanding the real reasons behind staff satisfaction
and retention doesn't have to be a painful, expensive, once-a-year exercise. As
such, in recent years there has been a move by HR towards implementing a more
continuous staff feedback loop. Asking
your staff what they think is a great place to start. Generally
speaking, people actually enjoy being asked for their opinion - and your staff
members are no different. Why risk staying in the dark regarding the main reasons
for staff attrition at your organisation when there are many easy ways to find
this information out? One increasingly popular approach is to run a cluster of
specific online staff surveys focused on a specific theme. Three such examples,
all with ties to the 'staff retention' theme are summarised below:
1. New Starter Feedback Survey - typically
sent within the first 6 weeks of the new employee commencing, a new starter survey
is a great way to gain an accurate gauge on the effectiveness of your recruitment
and staff induction program. Even at this early stage the survey can also be an
accurate pointer towards that employee's level of engagement. Furthermore, a new
starter survey is increasingly seen by employers as an opportunity to solicit
referrals from the new hire regarding the names of the top performers within the
company they have just departed. 2. 'Stay' Survey - also known
as a 'Pre-exit Interview', the Stay Survey is typically sent to ALL top performers,
or a random snapshot of employees, every six months. The survey seeks to understand
what top performers like / dislike about their role, what the company can do to
help improve their enjoyment / motivation / productivity at work, and what factors
(if any) would be most likely to cause them to leave the organisation. This provides
the organisation with a golden opportunity to address problem issues well before
a star performer's decision to look elsewhere has been made. 3. Exit
Interview Survey - a growing number of companies are beginning to move their
exit interview process online to capture the benefits of instant reporting of
results, process centralisation and consistency, and the minimisation of interviewer
bias. Furthermore, utilising an online survey format for exit interview surveys
can often yield good response rates and result in honest and well considered feedback.
The causes of staff attrition
don't have to remain a mystery. By taking the time to ask your staff what they
really think, the implementation of a continuous feedback loop can deliver actionable
insight in the fight against staff attrition.
Trial
an Australian-built online staff survey tool:PeoplePulse
is an Australian built online feedback and survey tool used extensively by Australian
and New Zealand based organisations to conduct online employee surveys. The tool
can also be used by HR to conduct cost effective staff climate surveys, training
needs analysis surveys, exit interviews, 'new starter' feedback, and 'stay' surveys. 
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