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Tactics to red uce the outflow of employees
Written by: Philippe Riboton
Photo by: Tomáš Kubeš
Markéta Main
HR manager, Deloitte & Touche
The departure of key people may mean lost productivity in the vacant
position, sets an example for other personnel to also leave, causes
inconvenience, may mean the loss of client contacts, and strengthens
competitors if former employees are lured away by them.
What are the general factors affecting employees who are thinking
about leaving?
· The employee's relationship with his or her supervisor or manager
· The balance of professional versus home life
· A feeling of making a difference in the organization
· The level of cooperation with co-workers and belonging to a team
· Opportunities for growth and advancement
· The quality of the compensation package
What does Deloitte & Touche do to retain its employees?
· Effective recruitment processes
· Conducts exit interviews
· Pays special attention to openness of communication between management
employees
· Performance evaluation process every six months
· "Recognition" awards (including rewards for sales successes,
and performance awards and bonuses)
· Special consideration of the work-life balance (flexible working
arrangements, various study and unpaid leave periods, and bonus
vacation days).
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Helmut Fabry
General manager, L'Oréal
Achieving our goals is impossible without the participation, support
and commitment of our staff. Everyday tasks involve international
contacts with people from diverse cultural backgrounds. L'Oréal
is looking for people who are "head in the clouds, feet on
the ground". People who are creative, entrepreneurial and international,
with the development potential to assume greater responsibilities
in the future.
After a first successful experience, executives get the opportunity
to develop rapidly, with international skills. The diversity of
the brands, the distribution channels and the presence in 150 countries
enable L'Oréal to offer new challenges, fast access to responsibilities
and interesting careers in the long term.
The regular contact with the top management and a tailor-made approach
to training help executives build the competences needed to face
their challenges.
Does it work? Roughly 20% of the managers changed functions in the
past year. Nearly 50% of the general managers in the Group are less
than 40 years old. 60% of our general managers have been in the
Group for more than 10 years.
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Alena Wollerová
Head of personnel department, Česká
spořitelna
Adequate basic salaries, variable wage components, and an interesting
range of benefits, etc. My experience during the two years that
Česká spořitelna underwent its transformation, say all of this is
important. But this "basic" package must be expanded to
include factors that have taken on new dimensions in recent years.
They include the company's stability, its culture, the employer's
prestige, and experience-sharing.
In recent months, we verified the importance of motivating employees
by enabling them to participate in the company's development. While
applying this principle, employees naturally recognize whether the
company that employs them meets, and can meet in the future, their
expectations.
If the employees do need to seek out different experience, they
leave. There is thus an exchange of work and experience, as well
as an increase in the number of satisfied employees. These employees
are fairly evaluated, motivated and rewarded, and at the same time,
they acquire new experience and better identification and knowledge
of their firm. And they are justifiably proud of it.
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Henrik Thor
Chief financial officer, Contactel
Contactel is a dynamic and modern telecommunications operator that
from the very beginning has been paying attention to the retention
of its key talents.
To retain your key employees, you must provide more than just financial
compensation. Corporate culture, working environment and teamwork
mixed with effective leadership and a solid business plan make Contactel
a great place to work.
Contactel's corporate culture is based on open communication, personal
recognition, challenge and encouragement. We give the best employees
the opportunity to participate in educational programmes, advanced
training and in the Management Talent Pool of our mother company
TDC. This gives them the opportunity to learn and grow with the
future perspective to work for a TDC family.
One of the important elements that increases our employees' loyalty
is the option to work from home. Among the benefits it brings to
the company the most notable are higher productivity and cost-savings.
The other tactics we use include creation of opportunities for employees
to come together informally with the management, building trust
through open and honest communication, and rewarding high performance
and innovation.
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