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Retention Application Strategies for Employees

Learn more on how to retain employees while trying to maintain a lower turnover rate.

Turnover is a major challenge in a full-employment economy. Employers spend too much time, money, and effort recruiting, selecting, onboarding, training, and retaining productive workers. Growing turnover has a habit of escalating and simply getting worse. This course describes a robust approach to reducing avoidable turnover by emphasizing retention through every step of the HR lifecycle. The program also looks at ways to improve exit interviews and use employee engagement surveys as early warning systems to identify troublespots and act on them before they provoke turnover.

66 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview

  • Objectives
  • Organizational Scheme of This Program

Why Retention Is Important

  • Reviewing the Importance of Retention
  • The Cost of Turnover
  • Different Kinds of Turnover

Techniques to Improve Retention and Reduce Avoidable Turnover

  • Examining How Recruitment Relates to Retention
  • Examining How Selection Relates to Retention
  • Examining How Onboarding Relates to Retention
  • Examining How Training Relates to Retention
  • Examining How Pay and Recognition Relates to Retention
  • Examining How Exit Interviews Should Be Reinvented
  • Examining How Employee Engagement Surveys Can Help With Retention

Summary and Final Questions and Answers

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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on November 9, 2022.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ASA 1.0
     
  • This program qualifies for 1.0 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected] Please retain proof of attendance in the event your CE record is audited.
     
  • HR Certification Institute 1.0
     
  • This E-Learning program has been approved for 1.0 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.0
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

  • Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William J. Rothwell, Ph.D., SPHR, SHRM-SCP, RODC, CPTD Fellow

William J. Rothwell, Ph.D., SPHR, SHRM-SCP, RODC, CPTD Fellow

Rothwell & Associates, Inc.

  • President of Rothwell & Associates, Inc. (www.rothwellandassociates.com) and professor, Penn State University, University Park
  • Distinguished Professor, The Pennsylvania State University
  • Specializes in organization development and change
  • Taught HR topics at a major university for 32 years
  • 20 years of full-time HR experience in multinational business and U.S. government
  • Conducted consulting for over 50 multinational companies and countless other organizations
  • Published 154 books on HR (look me up on Amazon)
  • Member of The Society for HR Management, Association for Talent Development
  • Ph.D., M.B.A., M.A., B.A.
  • Can be contacted at [email protected]
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 410253
Published 2022
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