Is Your Company a Retention Ambassador?
Put your company’s retention strategies to the test and learn new skills to reduce employee turnover.
Test Your Knowledge
Looking to Retain Your Top Talent Across the Globe?
Maintaining an effective employee retention strategy in an increasingly decentralized and highly mobile workforce can be challenging. HR teams must keep retention rates up and consistent by factoring in the desires of post-Covid remote teams, such as flexible working arrangements, a positive company culture, and employee wellness initiatives. Top talent that grows and evolves with your global company is critical for future success. In this quiz, we will tell you if your company is doing what it takes to ensure employee happiness, as well as provide some tips on how to create an effective retention strategy.
Is Your Company a Retention Ambassador? Test Your Knowledge
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5. Does your company measure retention and employee turnover rates on a quarterly basis?
4. Does your HR department periodically review and refine your employee retention strategy?
3. Do you have a member of your HR team dedicated solely to employee retention?
2. If so, does your retention strategy begin during the pre-onboarding stage?
1. Do you have an employee retention strategy in place?
Yes
No
10. Does your company tailor benefits packages to meet country-specific needs and expectations?
9. Does senior leadership promote employee wellness and work-life balance?
8. Is your company culture inclusive and diverse?
7. Are flexible working hours and arrangements a company-wide practice?
6. Is your employee retention rate higher than your turnover rate?
Contents
Ω1. Intro 2. Quiz questions 1–5 3. Quiz questions 6-10 4. Answered yes to 5 questions or more: Your company has mastered employee retention! 5. Answered no to most questions: It’s a great time to redefine your employee retention strategy! 6. Quick takeaways
You took this quiz, so you’re keen to improve! Now you know your areas of opportunity and can start building a great employee experience. Here’s one place to get started:
Top 5 Strategies to Create Exceptional Employee Experience
How to Build Culture on a Remote Global Work Team
How to Make the Hybrid Model Work for Your Team
5 Simple Strategies to Make Employee Experience the Center of Your HR Policy
Edge Out the Competition: Elevate the Employee Experience to Retain Top Talent
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Score: 5-8
Good going! Your company shows awareness and concern for the employee experience, but there’s room to improve. If you’d like to adopt or implement a new work model for your teams, check out these guides for hybrid and remote companies:
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Score: 1-4
Score: 9-12
You should be proud! You’re doing a lot of things right, and can now narrow your focus on company initiatives that are missing to achieve a top-tier employee experience. Since you need to look closely at your policies to decide where your areas of opportunities lie, here are some great ideas for advanced HR experts:
Score: 13-14
In the top percentile! It’s hard to perfect an experience of this level, but there is always room for improvement. The only thing left for you to learn is how to create a valuable and engaging onboarding experience — no matter where your employees are located — as well as mentorship schemes, and how to build happier, productive international teams. Here’s a place to start:
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Your company has mastered employee retention!
Your HR team is in tune with the needs of your employees — and it shows! Investing more time and energy in employee retention strategies can be a catalyst for strengthening team engagement and reaching company goals. Any company that accomplishes high retention rates and a healthy work environment optimizes employee performance and business results — not to mention the positive return on investment for employers. Furthermore, a company that nourishes employee satisfaction will be best placed to attract top talent.
Your Company Has Mastered Employee Retention!
A found that 94 percent of surveyed employees responded that if a company invested in helping them learn, they would stay longer. A good onboarding program leads to 69 percent of employees staying at a company for at least 3 years. A survey carried out by found that 87 percent of the company leaders polled viewed improved employee retention as a vital priority.
Here are a few additional facts around the importance of implementing an effective retention strategy:
LinkedIn workplace learning report
Kronos
It’s a Great Time to Redefine Your Employee Retention Strategy!
In this era of global remote work — which shows no sign of slowing down — it is vital that companies create and consider: An attractive brand that appeals to a global talent pool — a company’s
reputation
engagement is key!
work culture
is largely determined by employee retention strategies and low turnover rates.
Recruitment and employee engagement strategies that will continue to appeal to team members even after the onboarding process — Professional development opportunities for employees, as they prefer to stay with companies that invest in their career progression. A trusting that places employee independence and contributions at the forefront.
Quick Tips to Achieve Retention Ambassador Status!
1.
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Do not let the importance of employee retention die down. Continue the conversation with higher management and employee retention teams.
Encourage HR managers to think about new and innovative ways to engage employees — before and after the onboarding stage.
Incorporate flexible working hours and arrangements.
Regularly ask for employee feedback, both from existing employees and resigning employees during their exit, to identify possible areas of improvement, whether it's the benefits you offer or the career development opportunities you provide.
Display and encourage a company culture that is
built on trust.
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5.
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