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Talent Management
Replacing an employee costs, on average, $25,000, but losing top performers could result in even greater costs, such as losing clients and revealing trade secrets. Organizations need strategies and tools to predict employee flight risk and ensure succession planning to maintain business resilience. Peoplestreme offers solutions for effective talent management to mitigate these risks.
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Talent Management
- 1. On average itcosts $25,000 to replace an employee
- 2. But what’s thecost if they were your top sales person and went to a competitor?
- 3. The cost caninclude:
- 4. The cost caninclude: Taking existing client base
- 5. The cost caninclude: Taking existing client base Revealing trade secrets
- 6. The cost caninclude: Taking existing client base Revealing trade secrets Winning potential clients
- 7. How valuable wouldit be to know if your Top Talent is about to resign voluntarily and unexpectedly?
- 8. Since 2005, technologyhas been used to predict employee flight risk, hence providing support to “gut feel”
- 9. Key people drivethe business
- 10. Key people drivethe business What happens when they disappear?
- 11.
- 12. No coverage forroles
- 13. No back upplan
- 14. Untrained people couldbe thrown in critical roles
- 15. Organisations need tohave qualified successors in place to cover for these critical roles
- 16. Successors build yourbench strength and organisation resilience for unexpected events and losses
- 17.
- 18. You need toeffectively manage your Talent with: Strategies Visibility Management Tools to beat the competition
- 19. PeopleStreme can showyou how with Talent Management Generation3
- 20. Request your DemoCD now www.peoplestreme.com