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Retaining People
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Employee retention is core to
our success, our policies and practices are focused in
preventing valuable employees leaving The Peeler Group.
Our ability to retain valuable
employees is what maintains our competitive posture in a
competitive industry. Many companies have accepted the
"revolving door policy" as part of doing business and are
quick to fill a vacant job with another eager candidate.
The Peeler Group discovered
long ago the employment of people takes considerable time,
effort, and money to train an employee and have developed an
atmosphere where each employee is a valuable commodity. This
is what has allowed us to create a successful company, we
have considered as many options as possible when it comes to
retaining our employees, while at the same time securing
their trust and loyalty so they will wish to stay with us
today and into the future. |
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How We Retain Our People |
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Basic incentives to retain our employees include competitive
salaries, bonuses, increased benefits, and other "perks".
In addition we provide recognition based on accomplishment,
and success of what our people do for us everyday.
Recognition includes awards, time off and further
compensation. This is one of many ways we show each employee
the loyalty we have for them while we work to gain the same
loyalty in return.
Employee retention starts just as soon as an employee is
hired. We spend the time to get to know our employees
better. Our goal as a company is to get a thorough
understanding of an employee's goals, concerns, skill level,
values, health, and current & previous job satisfaction. By
doing so, our employees are made to feel more like a
prized individual, the asset they are to our company and
future. It is at the same time we educate ourselves as to
which employees are the most valuable in both a business and
personal sense.
Finally, upper-level employees are trained as retention
managers to help in the seemingly never-ending battle to
keep talent. Managers are instructed to be aware of their
subordinate's strengths and weaknesses and have a talent for
listening, respecting, and understanding their employees'
concerns. Retention managers are individuals who have
already proven their loyalty to the company. Honesty,
creativity, and patience are other virtues that help them in
their management role.
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Benefits of Retention |
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Our people are our best commodity. Without qualified people
who are good at what they do, our company would not be able
to enjoy our success. In the long run, the retention of
existing employees saves us, and in return, our clients,
money.
Studies have found that the cost of replacing lost talent is
70 to 200 percent of that employee's annual salary. We are
able to save from the cost of advertising and recruiting
expenses, orientation and training of the new employee, as
well as the decreased productivity experienced until the new
employee is up to speed.
Finding, recruiting, and training the best employees
represents a major investment. Once The Peeler Group has
captured a talented person, we believe in, and do get a
return-on-investment that ensures you a return on yours.
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