Comparable compensation? Guide to Retaining Employees Guidebook Introduction and Contents Imagine you get a phone call from a recruiter. The conversation goes something like this: "I have an exciting, entrepreneurial job working with state-of-the- art technology, in the emerging new economy. The location is a very progressive, jet-set environment. You will have an ownership stake in the business, a very important role (reporting to the President or C.E.O.) and can get very rich when this business takes off… " What do you say? You are thinking: "I’ve got a good job working for a solid company with a sound track record for developing people and producing wealthy retirees at an early age. I know the ropes and have a reasonable balance of work and personal life. I think I am doing a good job and am well thought of here. Am I ready and/or willing to make a change?" That conversation takes place as often as three to five times per week with some of our employees. What they will choose to do depends on a couple of factors: 1) their personal risk/ reward profile – influenced by their life & career stage; and 2) their degree of satisfaction with their job and boss. 1. Who Are Our Employees 2. What They Want from an Employer and Why They Leave 3. What Are Their Choices in Today's Labor Market - P&G vs. Career Alternative (Dot.com) - Career Choices - Excerpts on the Dot.com Industry 4. What We Can Do to Influence the Outcomes o Improve Job Satisfaction - Job Design - MI Worksheet o Improve Boss-Subordinate Relationship - Being a Successful Boss - How to Motivate Your Employees - Why Don't Employees Do - Coaching Guide - Good Boss Checklist o Provide Comparable Compensation Data - Comp System PPT - Compensation Discussion Even if your employees are not in high demand on the external job market, they will be internally as we go to an open job posting system. In the new "free market" for talent, it will be important to keep and attract the talent you need to deliver your business objectives. The Brand Equity Model for Building Consumer Loyalty Can Be Used to Build Employee Loyalty and Thus Optimize Retention Related Tools/References Creating my Future Relationship Building Exercise Valuing Exercise Coaching Assessment Tool W&DP Checklist People Development Expectations Tips on Coaching Your Coach Develop Better Human Relations Responsibility Charting World Training Network RapidLearn High Performing Groups Connecting-Disconnecting Why Stay at P&G? My Financial Security Perspective from J. Lafferty Improve Boss-Subordinate Relationship . Comparable compensation? Guide to Retaining Employees Guidebook Introduction and Contents Imagine you get a phone call from a recruiter. The. for developing people and producing wealthy retirees at an early age. I know the ropes and have a reasonable balance of work and personal life. I think