Programs & Workshops - Human Capital Strategy - Rx For Retention™
About the Program
WLH has developed a comprehensive retention strategy and training program called Rx for Retention™ which enables managers to forecast and prevent the turnover of "at risk" high-value employees.
Rx For Retention™ helps managers:
Understand the factors which impact employee retention.
Explore the elements that contribute to strong manager-employee relationships.
Provide best practices for retaining high-valued employees.
Use a “Retention Risk Model” to identify employees at risk of leaving the organization.
Practice “re-recruiting” at-risk employees and get feedback on performance.
Rx For Retention™ should be an integral part of an organization's Human Capital Strategy to attract, develop, and retain high-value employees because the total of direct (out-of-pocket) costs and indirect (lost productivity) costs associated with turnover can be substantial.
Client Value-Adds
Rx For Retention™ incorporates best practices for managing employees and reducing unwanted turnover. Managers report that this program enables them to assess and predict the turnover risk of individual employees.
Managers report the improved ability to:
Build stronger manager-employee relationships and increase employee loyalty.
Foster a favorable working environment, and improve business results.
Reduce turnover as well as both the direct costs of filling open positions and the indirect costs of lost productivity, lost organizational expertise, and lost customer relationships.
Additional Value-Added Tools
In addition to designing and delivering this program, WLH offers customized, web-based Retention Risk Assessments, Exit Interview Guides and Assessments for managers, and train-the-trainer services to certify client facilitators.
