Retaining Talent: Reducing Turnover and Aligning Talent with Organization Goals
With 75% of employees looking for new employment opportunities at any given time and five million Baby Boomers expected to retire in the next few years, the war for talent is on. Companies that develop successful retention strategies can win that war.
Nursing Turnover Decreases Significantly. Retention and Job Satisfaction Increase.Turnover of Novant's registered nurses was literally costing the organization millions. The company estimated that, system-wide, for every percent they could reduce turnover, the organization could save $1.5 million annually. With such high stakes, Novant let CPI think out of the box and create a custom solution. CPI was challenged to reduce RN turnover by 20% annualized in selected pilot departments. |
Most companies today would acknowledge that their employees are their most important assets. Your success or failure hinges on the quality and duration of the relationships you form with your people.
CPI can help align individual and organizational goals. Or we can develop in-placement and redeployment programs and provide tools and competency assessments. To reduce costly turnover, our consultants assist organizations design career development programs, reduce burnout, and improve compensation and benefits.
To learn more about our talent management services, call us today at 1-800-686-5999 or 919-401-4273 or email Career Partners International.
