This is a presentation I did for the South African Institute for Professional Accountants recently about their Talent Retention challenges. The stats are really powerful, it is mind-boggling that not all companies, big or small are implementing incentive programmes for motivation, sales performance, talent retention and skills upliftment.

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Incentive solutions that deliver results. 13 Feb 2015
Talent retention –
A business imperative

2. SALES INCENTIVES|PERFORMANCE REWARDS|EVENTS COMMUNICATION|INCENTIVE TRAVEL
BRAZIL | EGYPT | GHANA |INDIA | INDONESIA | KENYA | MAURITIUS | NIGERIA | SOUTH AFRICA |SWITZERLAND | UGANDA

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We exist to help our clients,
and their people, WIN

4. MILLENIALS

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next line if needed.
We exist to help our clients,
and their people, WIN
By 2020, millennials will be
50% of the global workforce.

6. WHY IS THIS IMPORTANT?

7. Millennials want a management style and corporate culture
that is markedly different to that of baby boomers.

8. Millennials tend to be uncomfortable with rigid corporate
structures and turned off by information silos.

9. They have an affinity with the digital world. Technology and
social media is their currency and everything else needs to fit.

10. WHO CARES?

11. JUST HIRE ANOTHER ONE

12. OR NOT

13. To replace an engaged employee costs between
60%-200%of the employee’s total annual salary.

14. HOW IS THIS POSSIBLE?

15. Hiring is a time consuming process: each candidate needs to be
carefully examined and considered
Training: new recruit training is an essential element in the
hiring process
“Defection”: it is likely that if an employee leaves your
organisation, they may be employed by a competitor

16. WHY DO PEOPLE
ABANDON SHIP?

17. The reason that 95% of people leave their jobs is because
they don’t feel valued.

18. No Engagement
Research shows that 70% of employees
are disengaged or actively disengaged.

19. If you compare your company to ten crew in a boat,
only three of them are paddling to go forward,
five are there for the ride, and two are actively trying to sink the boat.

20. MORE REASON WHY TALENT RETENTION IS AN IMPERATIVE

21. 20-30% better than
those who don’t.
ROI: Businesses
across the size
spectrum that retain
their top talent
perform on average

22. Recent research has revealed that engaged staff are
480%
more committed to helping the company succeed.

23. HOW TO RETAIN
YOUR TOP
TALENT

24. STRIVE TO BECOME A “BEST EMPLOYER”

25. Best Employers drive:
• higher engagement,
• higher retention rate,
• higher revenue growth,
• Greater shareholder value
• Consistent long term
performance.

26. LEADFROM THE FRONT

27. Genuinely Care About & Recognise Your Workforce
By showing a real interest in your workforce you actively demonstrate that
you value them and their contribution to the business.

28. Act With Integrity
Leaders actively living the
values of their own company
set a great example

29. Demonstrate Competence
Teaching and mentoring
demonstrate that the leadership
is happy to invest in the future of
the company

30. PRACTICAL TIPS TO START THE BALL ROLLING

31. • Build relationships and communicate with employees regularly
• Build good recruitment processes
• Build morale and provide a work environment that is
comfortable and pleasing
• Build respect: it is important that employees respect their
direct supervisors as well as company leadership
• Always, always treat employees fairly
• Recognise and reward behaviour that reflects good work habits

32. This requires Introspection

33. Consultation with staff

34. Planning

35. Recognition & Reward programme
(soft and hard rewards)

36. Proven Expert intervention

37. www.uwiniwin.net
Keep winning!