Retention

Now that you have recruited the best, how do you keep them?

Case Study

Retention in the software industry

Learn how Decker & Associates was able to help a software company save millions of dollars by reducing turnover from over 20% to less than 4%.

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Worksheet

Turnover costs worksheet

To help you estimate the cost of turnover, we have developed an a spreadsheet that allows you to see how increasing retention can also increase your bottom line. Click on the icon above to download a free copy of our turnover costs worksheet.

Times have changed. No longer does an employee expect to spend his or her entire career with one company. And employers have come to expect that turnover is just part of doing business.

But there's a problem here. Increased turnover leads to decreased profits. Every time a seasoned employee leaves your company to go work for one of your competitors, your firm must invest valuable funds to recruit and train a replacement. Additionally, productivity is decreased when turnover is high, leading to missed deadlines and lost business. While it may not be possible or desirable to keep all employees throughout the span of their careers, encouraging key employees to stay with your company can have a very beneficial effect on your bottom line.

Decker & Associates offers several custom-designed workshops for employee retention and financial education. After attending one of our workshops, your employees will understand that their employer cares about their future and how to achieve financial independence by working for your company. And, to help you retain key employees on an individual basis, we offer individual counseling sessions that can help your employees evaluate whether taking a competitor's offer of employment is really the best thing to do.

To learn how our retention programs can help your company, call us at (713) 782-9974, or click here to request a call from one of our associates.