Keeping Your

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Keeping Your Rising Stars

HR Presentation Thursday 11th October 2007 by
Luc Jones
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Retaining Talent Reducing Staff Turnover

• Life is not easy

• Free Market Free Choice

• Communication much more effective

• Internet

• More recruitment companies

• Better internal recruiters / departments

• Better employer branding

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• Ebbs Flows is a natural free market phenomenon

• 4 year cycle Natural evolution

• Year 1 The Honeymoon

• Year 2 Life is great

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4 year cycle Natural evolution

• Year 3 the plateau

• Year 4 The divorce

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• As usual things are slightly different in Russia

2 years
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• Death, Taxes and Staff Turnover - Its going to
  happen live with it

• Some staff turnover is actually healthy

• Retaining staff in isolation stagnant business

• Retaining staff at all cost plain stupid

• What can you do to minimise staff turnover
  maximise staff retention?

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• Hire wisely in the first place

• Spot career job hoppers

• Question aspirations / match with your offering

• Work with broad shortlist of potentials

• Develop a talent pool

• But Still Make quick decisions!

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• Ongoing Training Development

• Fair and scientific performance related pay - KPIs

• Clear communication of Targets, expectations and
  realistic financial remuneration for achieving
  them

• Career Progression and pay reviews based on
  performance TAKE RISKS

• Career Growth Remuneration equal in reasons for
  leaving approx 28 (Kelly)

• Good Management culture mentoring, guiding,
  supportive Passion!

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• Transparency in your business - ethics

• Cultural values take time to make employees
  feel an important part of the business team

• Benefits the feel special factor
  differentiation something to reach for

• Workplace environment

• Location (6 reason for choosing new co.) kelly

• Amenities

• General repair / lighting / furniture etc

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• Develop Anti-headhunter strategy!

• Filter calls / receptionist training

• Do you fear your staff meeting your competitors?

• When your staff leave, where do they go? And why?

• Exit Interviews - invaluable

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• Murphy Law - They will leave

• BE PREPARED

Antal International Russia Ltd Luc Jones
Partner, 7 495 935 8606 ljones_at_antal.com