The Formula for Employee Retention

1

http://www.forbes.com/sites/mikemyatt/2012/12/13/10-reasons-your-top-talent-will-leave-you/

As referenced by the article in Forbes, 10 Reasons Your Top Talent Will Leave You, “Few things in business are as costly and disruptive as unexpected talent departures”. In 2014, organizations need to look for new and unique ways to engage, develop and inspire their Talent. The most successful growth oriented companies recognize that people drive the success and /or failure of an organization, so investing in their people is essential. It is important to mention that increasing salary and/or benefits is one way to motivate and engage employees but is rarely enough to retain them long term. Organizations need to not only provide competitive salaries and benefits, but they need to provide better tools to help their employees take ownership and drive their own careers and create transparency in the process of internal mobility.

With the cost of replacing employees ranging between 30 percent and 300 percent of annual salary, it is essential for companies to create effective programs and invest in tools to help retain their Talent. According to the Forbes article, “employees who are challenged, engaged, valued, and rewarded (emotionally, intellectually & financially) rarely leave, and more importantly, they perform at very high levels.” In my opinion, Talent leaves most often for emotional reasons, so the formula for retaining employees starts with engaging and rewarding your employees. If an employee feels like they are well paid and has strong benefits; is motivated about their work; feels like the company is investing in developing them professionally; and can see the internal career growth opportunities within their company, then you will truly have a motivated, engaged, inspired employee, who you are more likely to retain.

Joe Napoli, VP of Sales at Zapoint, Inc.

Joe joined Zapoint in January 2013, he brings to Zapoint more than 20 years of Strategic Sales and Management experience in the Recruiting and Career Management industry.

Prior to joining Zapoint, Joe spent 10 years at Monster Worldwide in strategic sales and management.  Recognized as one of the top sales professionals at Monster, he had been responsible for selling customized recruitment and technology solutions to global customers within the Commercial, Enterprise, Staffing, Government and Education segments.  Directly out of college, Joe worked for 11 years in the Recruiting Industry.  He held every conceivable role within the staffing industry culminating in the successful launch and management of a new Technology, Manufacturing and Industrial Practice.  During his tenure as Practice Director, he drove the Practice to recognize double digit revenue growth every year.

Joe received a Bachelors degree in Political Science from Colgate University in Hamilton,  NY.

Tags: , , , ,

1 Comment

  1. 2017-03-28 04:46:57

    The Formula for Employee Retention fitflop soldes http://www.vial.fr/fitflop-soldes.html

  2. 2017-03-28 04:46:20

    The Formula for Employee Retention roger vivier shoes http://www.delsonhinge.com/images/rv.html

  3. 2017-03-28 04:17:05

    Magnificent items from you, man. I've keep in mind your stuff prior to and you're simply extremely great. I really like what you have acquired right here, really like what you are saying and the way through which you are saying it. You're making it enjoyable and you still care for to keep it smart. I cant wait to learn far more from you. That is actually a tremendous website.

  4. 2017-03-27 22:20:24

    Hello there, I do believe your blog could be having web browser compatibility problems. When I take a look at your site in Safari, it looks fine however, when opening in IE, it has some overlapping issues. I simply wanted to give you a quick heads up! Besides that, fantastic website!

  5. 2017-03-24 12:49:24

    This paragraph is genuinely a fastidious one it helps new internet people, who are wishing in favor of blogging.

  6. 2017-03-23 20:18:17

    I'm not sure exactly why but this blog is loading very slow for me. Is anyone else having this problem or is it a issue on my end? I'll check back later on and see if the problem still exists.

  7. 2017-03-23 12:59:09

    This text is worth everyone's attention. How can I find out more?

  8. 2017-03-22 07:27:39

    Hello to all, how is the whole thing, I think every one is getting more from this web page, and your views are fastidious in support of new viewers.

  9. 2017-03-22 06:27:39

    It is perfect time to make some plans for the future and it is time to be happy. I've read this post and if I could I wish to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I want to read more things about it!

  10. I am actually pleased to glance at this website posts which carries tons of useful facts, thanks for providing these kinds of information.

  11. 2017-03-21 23:15:12

    Good day! Do you use Twitter? I'd like to follow you if that would be okay. I'm absolutely enjoying your blog and look forward to new posts.

  12. 2017-03-20 06:57:15

    Hello, just wanted to say, I liked this article. It was inspiring. Keep on posting!

  13. 2017-03-20 03:03:18

    I have been exploring for a little bit for any high-quality articles or blog posts in this sort of house . Exploring in Yahoo I finally stumbled upon this site. Reading this info So i am glad to show that I have a very excellent uncanny feeling I found out exactly what I needed. I most no doubt will make certain to do not omit this website and give it a look regularly.

  14. 2017-03-19 01:47:15

    Hello just wanted to give you a quick heads up and let you know a few of the pictures aren't loading correctly. I'm not sure why but I think its a linking issue. I've tried it in two different internet browsers and both show the same outcome.

  15. 2017-03-11 01:16:04

    Way cool! Some extremely valid points! I appreciate you writing this article plus the rest of the website is extremely good.

  16. 2017-03-09 04:26:31

    Fantastic post however I was wanting to know if you could write a litte more on this subject? I'd be very grateful if you could elaborate a little bit more. Thank you!

  17. 2017-03-08 02:21:54

    When I initially commented I clicked the "Notify me when new comments are added" checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove people from that service? Many thanks!

  18. 2017-01-22 16:25:27

    Does your website have a contact page? I'm having a tough time locating it but, I'd like to shoot you an email. I've got some creative ideas for your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it expand over time.

  19. 2016-02-29 09:02:27

    You've really captured all the esstaeinls in this subject area, haven't you?

  20. 2014-08-27 15:37:23

    Hi friends, how is the whole thing, and what you wish for to say regarding this article, in my view itss in fact remarkable in favor of me. my blog: 4 bedroom split level ranch floor plans

  21. 2014-07-10 02:33:48

    George's castle, the World Heritage Sites: the white marble Jeonimos Monastery, home to the Maritime Museum and the National Archaeology Museum, and the waterfront Belem Tower, an area from which explorers such as Vasa de Gama sailed to glory in the Age of Discovery. The weird thing is, I generally don't ask for pictures with celebrities I have no personal connection to. Mickeys - Big - Mouth is famous on AC for loving his bike rides. my website :: Working Family Guy The Quest For Stuff Hack

  22. 2014-07-01 06:57:09

    The same thing is true of the history of both the American Fur Company and the Hudson Bay Company. And already, some companies that freeze and store certain types of stem cells are promoting the potential of stem cell therapies for sports medicine. The individual history, primarily that of Ramsay Crooks, definitely hints at the proposal Turner makes of the person who begins on the ground floor of the business and works his way up through the ranks to a position of importance. my web site: Free Trials Frontier Hack

  23. 2014-02-20 11:38:08

    Salary and benefits are important in attracting the right talent, in that there's a market rate that needs to be paid to attract someone at the right level and clearly some companies have more attractive benefits - in the US especially, you often hear people talking about working for the benefits, or choosing to work for a larger company because of the stronger benefits packages. At the end of the day, everyone would like to earn more money, but the regular pay-check is your minimum expectation as compensation for being at work and the experience while at work is what keeps you there. There's also presumably a big difference depending on your function, career-stage and also whether you're part of Gen X, Gen Y etc. A sales person paid purely on commission, who has no interest in proceeding down a management track may well be far more motivated to move for more money, but given how much of our time we all spend in the office, it's important to feel that you are rewarded emotionally as well as financially.

Add a comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>