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Reward and Retainor Regret? Don’t lose your top performers to your competition!

Reward and Retain or Regret

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A Towers-Watson study revealed that 56% of companies reported difficulty retaining high-potential employees and top performers and almost 25% of employees said they will change employers in 2013 or 2014. MESSAGE: Take actions to retain your top performers... NOW!

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Page 1: Reward and Retain or Regret

Reward and Retain… or Regret?

Don’t lose your top performers to your competition!

Page 2: Reward and Retain or Regret

56%  of companies reported difficulty retaining high-potential employees and top performers    

Towers-Watson Study

Page 3: Reward and Retain or Regret

Wake up and smell the coffee  

Top performers are the highest risk of flight  

Page 4: Reward and Retain or Regret

Continuous challenges Recognition for their achievements

Two needs of top performers

1.  

2.  

Page 5: Reward and Retain or Regret

Only 29% of employees feel valued in their jobs Almost 25% of employees said they will change employers in 2013 or 2014  

2013 CareerBuilder Study  

Bureau of Labor Statistics  

Page 6: Reward and Retain or Regret

Reward & retain the achievers

 

Page 7: Reward and Retain or Regret

“We’re the experts that everyone calls, because we’re the best at what we do”

Travel incentive programs: •  Generate motivation to

stretch to achieve goals

•  Drive increases in performance

•  Reward the achievers

Page 8: Reward and Retain or Regret

“This is fantastic! I’m never going to miss qualifying for President’s Club again!”

Recognition should be public as well as personal A “club” of achievers provides status and cultivates loyalty to the organization

Page 9: Reward and Retain or Regret

“We’re the best at what we do”

It’s more than the destination… Pick the right travel incentive company

Page 10: Reward and Retain or Regret

Contact Us Today.

For a no obligation discussion regarding our solutions to help you with your goals surrounding retention of top achievers and reward programs… please contact me. Steve Mattoon Sense & Company 949.375.2888 [email protected] Senseandcompany.com