Recently on Quora I answered the question, What is a great employee retention strategy? Here’s my list of important topics to answer the question:
- Testing and measuring every step of the employee lifecycle
- Look at cohorts and track their engagement and lifetime of your employees just like you do for your customer analytics
- Use predictive analytics to determine ideal candidates
- Check out this book: People Analytics in the Era of Big Data. https://www.amazon.com/People-Analytics-Era-Big-Data/dp/1119050782
- Deploy employee training
- Sets expectations about how the employees should perform
- Check out this book: The Hard Thing About Hard Things – https://www.amazon.com/Hard-Thing-About-Things-Building/dp/0062273205
- One-on-ones are critical and required
- Create a tribe. Be something your team can be proud of. Be innovative, show leadership, or influencing company in some way
Check out this book: https://www.amazon.com/Tribes-We-Need-You-Lead-ebook/dp/B001FA0LAI - Recognize and rewards your employees with Recognizeapp.com
- Allow for autonomy, mastery, and purpose. Read Drive by Dan Pink – https://www.amazon.com/Drive-Surprising-Truth-About-Motivates/dp/1594484805
- Staff are happier and more productive when they have the freedom of choice, able to reach mastery and have a sense of purpose larger than themselves
- Make sure leadership isn’t just mean and forceful, but also show empathy and concern
- Create a more all for one mentality. Read https://www.amazon.com/Compelling-People-Hidden-Qualities-Influential/dp/0142181021