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Retaining Key Employees
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It costs you $150,000 to replace a key engineer.
If you lose your skill, talent, and memory, your company is doomed.
If we can retain just one engineer, we've
paid for our coaching a hundred times.
What a return on investment!
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Of all the things that keep managers awake at night,
employee retention should be at the top of the list. When a key employee
leaves you, she takes more than her skill: she takes her knowledge
of the system and the process; and she leaves a hole in the organization
that may be very hard to fill.
Think about it - if three of your key employees
walked out the door tomorrow, could your organization recover? What
would happen to your critical projects, and to your own career? By
comparison, my coaching is a real bargain.
We can help you keep your
key employees in several ways:
- For an overstressed, burned
out employee who is losing productivity, we can provide coaching
to help her manage the stress
of software development. We can bring her back to productivity
before you have to put her on a performance plan.
- If an abrasive manager
is driving employees away, we can offer coaching to
help him learn a new, more supportive management style.
- And if employees are leaving because
of high job stress, we can help you analyze
the organizational culture to determine the sources of the stress,
and then plan a program to
lower the stress levels and keep the employees happy and productive.
Please contact
us to discuss your needs and
worries, and how we
can help.
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"Are you spending too much of
your time interviewing and hiring replacements? Coaching can help
by reducing turnover - especially among the people you most want
to retain. Why is that? ... Being a voluntary and collaborative
activity, coaching also builds trust between managers and subordinates.
And trust translates into greater loyalty."
Coaching and Mentoring:
How to Develop Top Talent and Achieve Stronger Performance,
Harvard Business School Press, 2004.
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