Recruitment and Retention strategy. Please read attachments.
By: Morgan Gant
Recruitment and Retention Revamp proposal
Introduction
Our company has been decreasing in external recruitment over the past 5 years
Turnover has been increasing by 5% over the past 3 years
Year
Number of Hires
Introduction
Grassroots surveys conducted show 71% of employees feel they were not 100% prepared for their current position.
Studies show companies that invest money in the training of employees are increasingly more profitable (Rizkalla)
Resolution proposals: Recruitment
Expand our current university partnerships
Paid internships for graduating juniors and seniors
College credit
Consideration for employment upon graduation
Develop new university partnerships
Tuition reimbursement for a minimum of 10 year employment
4
Resolution proposals: recruitment
Expand to markets and new career fairs
We are going to revamp the message recruiters present to potential employees
Mentorship program
Career advancement opportunities
Company Benefits Package
Resolution proposal: retention
Restructure our training content to more effectively train new employees and employees that are new to role
Hire a team of our top performing employees to become facilitators to teach the new training content
Resolution proposal: retention
Develop a more sophisticated mentorship program. This will enable employees to learn about all of the different careers the company has to offer and develop them after training
We want all employees to know that there are endless possibilities with company
Resolution proposal :retention
We want all employees to know the company cares about their growth and advancement
Implement an “open door” policy that allows employees to confidentially confide in upper management.
Conclusion
Improve turnover
Improve our recruiting efforts and exposure
Ensure current employees are aware of all of the career advancement opportunities with company
Effectively train and prepare new and current employees, to ensure employees feel confident in their new roles
Goals
references
Rizkalla, Emad. "Not investing In Employee Training is Risky Business." Huffington Post. N.p., 30 June 2014. Web. 24 Dec. 2016.
https://www.roberthalf.com/employers/hiring-advice/employee-retention