Strategies for Retaining Top Talent: Survey Findings & Discussion

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Presentation transcript:

Strategies for Retaining Top Talent: Survey Findings & Discussion Lisa Williams, Coach + Consultant Dr. Meredith Wells Lepley, Workplace Surveys & Solutions

Top 5 Descriptors of Your Supply Chain Organization

Does NOT Describe Your Supply Chain Organization

How significant is turnover in your organization?

Experiencing Turnover in Your Organization?

How long are they in a position before transitioning? Where is Talent going? Who is leaving? How long are they in a position before transitioning?

How long are people staying in positions? (months)

Where do people go when they leave?

Generations leaving within 1 and 5 years

Transitioning to a New Title

What are the biggest factors driving turnover?

Top Reasons People Leave Your Organization not at all somewhat definitely

Top Reasons People Leave Your Organization For a 2% pay increase not at all somewhat definitely

3 Factors That Matter Most To Employee Retention 1. Company Culture Quality of Career Opportunities Culture and Values of the Employer 2. Employee Salary 3. Position Stagnation

What are the most commonly used Talent Management Strategies? Discussion

Most Commonly Used Talent Management Strategies not at all somewhat definitely

Least Commonly Used Talent Management Strategies not at all somewhat definitely

Solutions Career Development Plans Transparent Co-created/partnership Frequent conversations about career development path

Solutions Fill the Talent Pipeline Formal Internal Recruiting Process Internal Leadership Development Program Intentional planning

Solutions Focus on Value Alignment Intentional Employee guided Frequent discussion Engrained into culture

Best Practices

Discussion and Questions

Thank you! Lisa Williams, ACC www.lisawilliamscoaching.com lisa@lisawilliamscoaching.com 859.388.0858 Dr. Meredith Wells Lepley Workplace Surveys & Solutions mlepley@usc.edu 859.576.6681