---

Guest post by: Glenn Ebersole Become an Author

Tweet

---

---

“Strategic Thinking To Develop A Successful Employee Retention Strategy, According To Your Strategic Thinking Business Coach”
By: J. Glenn Ebersole, Jr., Chief Executive of J. G. Ebersole Associates and The Renaissance Group ™

Look around you in today’s business world. It is no secret that it is becoming more difficult to recruit and retain skilled employees. In fact, one could say that select businesses and industries are desperate or becoming desperate to find people with the needed skills and attitudes.

An often ignored or neglected source of talent is the 45 to 65 year old age group. This group happens to be the largest demographic group in the US census. Estimates indicate that one of every two people in the United States will be 50 years old or older by the year 2020. Although these older workers are willing to stay in the workforce longer or even re-enter the workforce after they retire, most businesses still continue to cater to younger workers. Proof of this comes from a survey conducted by the Society of Human Resources Managers that shows 65% of companies surveyed exerted no effort to recruit older workers for open positions. The survey also showed that 81% of the companies did not have benefit plans designed with older workers in mind.

Okay – what about your business? Have you anticipated and responded to the challenge of employee retention? Or are you like too many businesses that do not focus on employee retention until turnover increases. The successful businesses today have a formalized employee retention program as part of their business strategy. They take a proactive approach to prevent unnecessary employee turnover.

Your strategic thinking business coach suggests that you use some strategic thinking to develop a successful employee retention strategy. Here are some steps to use in developing such a strategy from your business.

+ Commit to taking a proactive approach and not waiting until employee retention is a problem.
+ Demonstrate a commitment for employee retention from the top of your organization.
+ Select someone to be in charge of employee retention.
+ Commit to properly training your managers on employee retention.
+ Develop and implement a system to measure the cost of turnover in your business.
+ Develop and implement a system of accountability for retention for your management team and other leaders in your
business.
+ Develop and implement a system to measure job satisfaction of your employees.

Your strategic thinking business coach encourages you to use strategic thinking in the development of an employee retention program. If you would like to learn
more about how to develop a strategic employee retention plan and how a strategic thinking business coach can facilitate and guide you in that endeavor, please contact Glenn Ebersole today through his website at www.businesscoach4u.com or by email at jgecoach@aol.com



?

Related Articles

  Strategically Structured Succession Planning For Company Leadership According To Your Strategic Thinking Business Coach
  Eight Powerful Strategies To Retain Clients, According To Your Strategic Thinking Business Coach
  A Strategic Look At Client Retention From Your Strategic Thinking Business Coach
  “Strategic Benefits of Business Coaching, According To Your Strategic Thinking Business Coach ”
  Strategic Business Greeting Tips From Your Strategic Thinking Business Coach
  Ten Tips For Writing Successful Business Proposals From Your Strategic Thinking Business Coach
  “Strategic Marketing Tips From Your Strategic Thinking Business Coach”
  “Ten Strategic Marketing Actions To Ensure Success In Your New Year, From Your Strategic Thinking Business Coach”
  Strategic Tips From Your Strategic Thinking Business Coach To Improve Personal Communications
  “Ten Strategic Actions To Ensure That You Reach Your Goals, According To Your Strategic Thinking Business Coach”
  Business Coaching As A Valuable Asset For You and Your Business
  Ten Strategic Actions For Commercially Marketing New Technology
  How To Hone Your Strategic Thinking Skills To Plan For The New Business Year, According To Your Strategic Thinking Business Coach
  10 Most Compelling Reasons To Hire A Coach, According To Your Strategic Thinking Business Coach
  Strategic Thinking What Does It Really Mean
  “End of Year Thoughts From Your Strategic Thinking Business Coach”
  “Ten Strategic Tips For An Effective Internet Marketing Strategy From Your Strategic Thinking Business Coach”
  Ten Strategic Actions To Change Your Marketing Mindset, From Your Strategic Thinking Business Coach
  Ten Strategic Steps to Achieving Personal Success – From Your Strategic Thinking Business Coach
  Strategic Thinking – A Wise Business Investment, According To Your Strategic Thinking Business Coach

Related Forum Posts

Re: Essential Leadership skills
HRPreneur
Different Hats
Re: Business Women Peer Mentoring Spotlight
Business Innovation

Share this article. Fund someone's dream.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Setting a PR Budget

When Did You Last Put Your Ear To The Ground?

Keyword Research For PPC

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.