SOLVING THE TOUGHEST MANAGEMENT CHALLENGES—TOGETHER GET STARTED
These summarize has been gathered from Retaining Employees by Harvard Business Press.
If you ask from any of CEOs or firm leaders that: “what is one of the most important things you can do for your company?” Most likely you can hear an answer like this as one of the major items:
I would like to keep valued employees on board.
Firm’s ability to retain talented employees is crucial because of these reasons in our time:
According to our time there are few relevant workforce generations which are:
According to various resources and researches there are different assumptions on aforementioned generations. Generally speaking (Retaining Employees, HBR):
I do recommend make a demographic study in your firm and come with such result:
Then easily you can consider what below strategies are more relevant for you and you can tune the rules and regulations based on statistics.
Boomers bring these features for your firm:
Also they might bring:
If you like to retain the boomers these are the strategies you might need:
Gen Xers are: independent, loyal to their friends, balanced and adaptable to change. However they might bring some challenges such as:
How to retain Gen Xers:
Gen Y or so called Millennials bring features such as: state-of-the-art technical knowledge, upbeat, socially conscious, goal-oriented and self-confident. But they pose some difficulties such as:
To retain Gen Ys:
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I am not sure if I agree with the statistic on born age and proposed strategies. However, I always believe in one of the values in servant leadership which is getting feedbacks. I personally think this will solve most part of problem in retention and organization.
I hope so ... :)