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Retention of a diverse workforce

Monika Navandar Founder and Chief D&I Consultant at NeoSeven Solutions

As the idea of “a job for life” is being eroded and replaced by shorter tenures, the nature of job roles are changing, and with it employee retention and turnover. According to the CIPD’s 2020 Resourcing and Planning Survey, the rate of voluntary employee turnover almost doubled from 5.5 % in 2014 to 10.1 % in 2019.

This matters to businesses. As reported by Oxford Economics and Unum, in 2014 the average loss of an employee earning £25,000 or more cost a company an average of £30,614.

This webinar will show you how to create an employee retention strategy that accounts for differences in age, race, and gender. You will also learn how to ensure your approach to employee retention accounts for post-pandemic workplace changes, as well as both current and future employee desires.

With this webinar, you will gain insights on:

  • How to understand and provide tailored employee value propositions
    A significant number of employees are looking for meaning in their jobs, not merely financial satisfaction. You will learn how to establish satisfying benefits for your employees.

  • How to make progression possible
    Retention cannot exist successfully without progression. You will be informed on how to practically implement progression at your workplace.

  • How to make compensation competitive
    Since it is essential to ensure that payment is fair, you will learn how to connect compensation with employee performance.

  • How to create a retention strategy
    Along with creating an effective retention strategy, get information on the importance of stay and exit interviews to increase your employees’ job satisfaction.

Book a Free 30-Minute Training Consultation

During this free session, you will:

  • Understand your strengths and pain points. You will receive a thorough evaluation of your corporation’s DEI needs. Our training manager will assess the current stage of your company’s DEI developments, analyzing which DEI strategies are already in use and what areas you lack experience in.

  • Get acquainted with our DEI training experts and become familiar with our training package components. You will learn everything from your training expert’s qualifications and experience to elements of the training course such as duration, the most favorable team size, and additional benefits included in the package.

  • Receive the best training solutions you and your company will benefit from most. We will help you choose suitable training from one of the available options on our website. We may also suggest available options for creating an individually designed program from 150+ DEI training experts within our network.