Growing Worker Shortages Becoming a Crisis: Seminar Addresses Strategies for Employee Retention

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Employee retention becoming a major issue with most employers. Many organizations have not kept up with the changing needs of the workforce causing many good people to leave. Combined with the growing worker shortage, they are unable to fill jobs with qualified people.

The high unemployment rate and the growing demand for skilled workers is creating a crisis for the majority of employers across the United States. It is getting more difficult to find and keep talented workers. As a result, organizations placing more effort in creating better places to work to retain their employees. Strategies enabling you to retain your best and brightest are available at the upcoming workshop, Here Today, Here Tomorrow, being held in Atlanta on July 20th. The one-day seminar sponsored by Chart Your Course International and People Skills International will be held at the World Trade Center Club at 303 Peachtree Street from 8:30 a.m. to 4:30 p.m.

Greg Smith, president of Chart Your Course International and author of Here Today, Here Tomorrow, says, “Unemployment is the lowest it has been since 2000 and estimates show 48 to 65 percent of the workforce is dissatisfied with their current employment situation and could leave for better positions as the economic situation continues to improve. The healthcare industry is most at risk. To keep their workforce intact, employers need solid strategies for employee retention.”

The Society of Human Resource Management (SHRM) and the Wall Street Journal website recently completed the Job Recovery Survey. The key findings revealed 64 percent of employees said they were extremely likely to begin or increase the intensity of their job search. An additional 19 percent said they were somewhat likely to increase their search.

“U.S. businesses spend over $200 billion annually recruiting and replacing employees,” says Karla Brandau, president of People Skills International and authority in Culture Integrity. “It would make sense for companies to reduce the money spent replacing employees by spending the money to retain employees, thus reducing training time for new employees. When good employees are retained, productivity and innovation increase as you climb the ladder together rather than putting productivity on hold as you step down a rung or two to get new employees up to speed. By retaining your best and brightest, you will reduce expenses while you make faster progress toward increased market share and organizational effectiveness.”

Get free articles on employee retention and learn more about the coming seminar at Questions can be answered by calling Chart Your Course at 770-860-9464 or People Skills International at 770-923-0883.


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Greg Smith