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Retention & Remuneration

Hiring good employees is one thing; retaining them is quite another. To avoid high labor turnover, many employers resort to high salaries. But what really motivates workers to stay at a given job?

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1501 Ways to Reward Employees
Book
 

Bob Nelson

Workman Publishing, 2012

(8)

Customer Care Excellence
Book
 

Sarah Cook

Kogan Page, 2008

(7)

Focus
Book
 

Heidi Grant Halvorson and E. Tory Higgins

Hudson Street Press, 2013

(7)

Super Networking
Book
 

Michael Salmon

Career Press, 2003

(9)

The Three Signs of a Miserable Job
Book
 

Patrick Lencioni

Jossey-Bass, 2007

(7)

Rethinking Retention in Good Times and Bad
Book
 

Richard P. Finnegan

Davies-Black, 2009

(8)

The Living Dead
Book
 

David Bolchover

Capstone, 2005

(8)

Make Your Workplace Great
Book
 

Steven J. Stein

Jossey-Bass, 2007

(8)

Escape from Corporate America
Book
 

Pamela Skillings

Ballantine, 2008

(8)

The Essential Performance Review Handbook
Book
 

Sharon Armstrong

Career Press, 2010

(8)

Managing the Unmanageable
Book
 

Anne Loehr and Jezra Kaye

Career Press, 2011

(7)

Return on Investment in Training and Performance Improvement Programs
Book
 

Jack J. Phillips

Butterworth-Heinemann, 2003

(8)

Retooling HR
Book

John W. Boudreau

Harvard Business Review Press, 2010

(9)

Reward Systems
Book
 

Steve Kerr

Harvard Business Review Press, 2008

(8)

How to Hire a Champion
Book
 

David Snyder

Career Press, 2008

(7)

The Dream Manager
Book
 

Matthew Kelly

Hyperion, 2007

(6)

Deciding Who Leads
Book
 

Joseph Daniel McCool

Davies-Black, 2008

(7)

The Invisible Employee
Book
 

Adrian Gostick and Chester Elton

John Wiley & Sons, Inc., 2009

(7)

Effective Executive Compensation
Book
 

Michael Dennis Graham et al.

AMACOM, 2008

(7)

Hug Your People
Book
 

Jack Mitchell

Hyperion, 2008

(6)

The Zero Turnover Sales Force
Book
 

Doug McLeod

AMACOM, 2010

(8)

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Retention & Remuneration

OK, so your company excels at landing prized talent, but what about the other half of the equation? Are you successful in retaining your best employees or are they merely biding their time waiting for the next best offer? Though many of the summaries in this category detail the correlation between your retention rates and remuneration – the manner in which you compensate your workers – you’ll also learn that employee satisfaction goes far beyond monetary rewards.

getAbstract will demonstrate why employees place a high priority on being acknowledged for their hard work and accomplishments. You’ll understand why retention strategies that embrace employee recognition and appreciation tend to be more effective than those that focus solely on cash incentives. Many of our satisfied clients, in fact, have boosted their retention rates merely by tapping into getAbstract’s deep knowledge base.

Culture Counts

In summarizing the leading books on retention and remuneration, our writers explain how the most successful companies promote a culture that encourages innovation and risk-taking. Employees who aren’t afraid to make mistakes are more creative and generally report a higher level of job satisfaction. Employees also value organizations in which they have an opportunity to display leadership qualities and managerial potential. You’ll also learn about the downside of high employee turnover and the fearsome financial toll it can take on your organization.

If you’re struggling to retain employees or you’re unsure about the best ways to compensate them, getAbstract certainly can point you in the right direction. It’s what we do.