Keeping top talent is critical to the success of any organization. In today's job market, keeping great employees is more difficult than ever. Companies offer benefits that they never offered before in an attempt to lure top talent. Signing bonuses and retention bonuses, relatively rare and reserved for senior managers five years ago, are now commonplace for all levels of positions in many companies. The most effective employee retention strategy is a strategic staffing strategy.
Organizations often overlook the powerful effect of employee selection on employee retention.
A successful employee retention program assumes that you have great employees to keep. Most organizations attempt to maximize the fit between the person and the job when searching for job candidates. If done well, this approach guarantees hiring an employee who can do the job. This approach, however, fails to guarantee hiring an employee who wants to continue to do the job for your organization. Employees connect with culture, not jobs.