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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



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