FOCUSED DISCUSSION ON ONBOARDING AND COMPENSATION STRATEGIES TO STRENGTHEN EMPLOYEE RETENTION
Your efforts, capital, and unceasing commitment has created a firm with an established market and a potential for continued growth. With growth comes new personnel. Sourcing and selecting new talent must be carefully administered due to the real costs associated with lost time for the screening of applicants, interviews, qualifications verification and training after the hire. Thus, high retention of new employees is not just a goal, but a fiscal requirement due to the high investment for each new recruit.
Are there additional considerations beyond skills alignment that should be considered by the leadership team when evaluating the available employment pool? Today, the labor pool is multi-generational, should current interview techniques be re-examined? Once hired, should the company have a formal onboarding program in place to ensure a seamless introduction into the organization’s cultural norms and behaviors? Are there direct and indirect rewards and benefits available that could motivate the new hire to commit to the job and the organization for a longer period of time?
Second, in a series, this one and one-half day session will provide an opportunity for small- and medium-sized business owners to discuss one of the most basic, but essential functions of business management which is the recruitment, selection, and on-boarding of new hires. The agenda will examine the technique of job analysis, used by most corporate human resources professionals, to inform the development of criteria that will be used to format the employee sourcing process and interview questionnaire. In addition, the facilitators will discuss how to create a formal onboarding process to assist new hires to integrate into an established organizational culture which is an important factor in enhancing retention. Lastly, the session will be concluded with an examination of factors that should be considered in setting overall compensation and benefits strategy.
Participants will leave this session prepared to:
- Demonstrate how to complete a sample job analysis questionnaire.
- Evaluate onboarding procedures to assist new hires to assimilate into the culture of the organization.
- Discuss the general purpose and structure of compensation and benefits options that currently used to motivate and establish a stronger connection to the company.
Day 1: Friday, February 16, 2018; 9:00 am to 4:00 pm
Day 2: Saturday, February 17, 2018; 9:00 am to 1:00 pm
Polsky Center; Stagg Room
1453 E. 53rd St., Chicago, IL
(Limited space – 12 spaces available)
Individual registrant fee: 299 per person (Group discount available)
Register at: http://events.r20.constantcontact.com/register/event?oeidk=a07ef2vnypy3ffb0853&llr=i96wfz9ab&showPage=true