5 Ways To Retain Top Talent & Reduce Turnover

5 Ways To Retain Top Talent

Retaining top talent requires a holistic and proactive approach, focusing on authentic engagement, customized training, and leadership development.

Internationally-recognized leadership expert and author John C. Maxwell once said, “Change is inevitable. Growth is optional.” And in the post-pandemic landscape of employment practices, his words ring true; woe is the company that settles for the status quo.

At this point, it’s been called many things: the Great Resignation, the Great Renegotiation, the Great Reshuffle, and the Great Rethink. But regardless of the terminology, the one constant is change. The Great Resignation made it clear (painfully) that talent is in the driver’s seat, and fear of leaving a position has gone by the wayside.

So what’s the solution? While the answer might not be straightforward, the good news is that it’s not insurmountable. What it will require, though, is rethinking and reassessing how employees are managed, developed, and trained.

5 Steps To Retain Top Talent

Employment challenges demand a new approach. When top talent walks out the door, it’s a direct hit to your company’s bottom line. The cost of talent replacement and training is high, but when great people leave, your corporate culture is also in jeopardy. Download our free e-book below for five practical and actionable steps to retain top talent:

  1. The Power of Stay Interviews
  2. Go “All-In” on Engagement
  3. Don’t Dismiss Work-Life Balance
  4. A Tailored Approach to Training
  5. Show ‘Em the Love
5 Ways to Retain Top Talent

5 Ways To Retain Top Talent

Because staffing is such a critical factor in maintaining or growing net operating income, the multifamily industry must begin to do what many other industries have already started — reimagine employee development. Open our free e-book now for tips, tricks, and best practices you can employ NOW to improve your employee culture and retain top talent!

Training

Complete multifamily training content that enables and empowers.

  • Engage employees with 600+ industry-specific training courses in a variety of formats.
  • Boost retention and quickly onboard new employees with short courses that fit into busy workdays.
  • Support a diverse team with Spanish courses and translation tools.
  • Save valuable admin time with automated assignments based on position, location, or custom groups.
Grace Hill PerformanceHQ Training Solution for multifamily team training.
Grace Hill PHQ Composite with Mobile Policies, multifamily software solution

Policies

Comprehensive policies and procedures that reduce risk.

  • 800+ pre-built, customizable policies designed to jump-start compliance.
  • Rest assured, policies comply with changing laws and regulations.
  • Show proof of policy receipt with secure electronic signatures.
  • See policy compliance in real-time with our graphical compliance dashboard.

Employee Surveys

Attract and retain top talent by proactively capturing ongoing feedback.

  • Capture and measure employee sentiment KPIs over time.
  • Leverage AI Sentiment Analysis to instantly consolidate vast amounts of employee feedback to easily identify themes.
  • Compare your results to the Kingsley Index™ for relevant benchmarks that highlight where to focus your improvement efforts.
kingsleysurvey employee survey analytics dashboard view on desktop

Are you ready to take the next step in building a solid employee retention strategy? 

Contact us today and talk to our experts about your specific needs and goals!

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