Increase Employee Retention Monday, September 16, 2024

Increase Employee Retention by Improving Onboarding, Training, and Succession Planning: Leaders are losing their people at an unprecedented rate due to poor onboarding, inconsistent training, and lack of succession planning. Out of 1000 employees surveyed, 80% said they had a poor onboarding experience. Lack of training can cause a 60% loss of the workforce over a 4 year period due to training gaps, mistakes, complaints, and low morale. Employees will also separate from a company when there is no defined career path or succession planning. Implementing a strong onboarding program increases retention by 82%, and increases productivity by 11%. Proper succession planning increases valuations by 20 - 25%. Companies can be more proactive about retention by implementing three important tools which will shift the course of employee happiness. As an in-demand Executive Coach, dynamic speaker, successful author, and focused and motivating trainer devoted to her craft, Monique Daigneault provides a highly coveted service to corporate leaders worldwide using internationally accepted standards as well as her personally honed methodology. Surviving trauma as a child and embracing Complex PTSD as an adult, Monique developed a unique skill set and process that allows her to advocate for others and guide them through challenging workplace issues. With an indomitable spirit, a results-driven work ethic, and an enthusiastic commitment to performance improvement, she partners with clients from all over the world, providing practical tools to help catalyze change and facilitate evolution in their professional lives. As President and CEO at MD Consulting, Monique is the insightful radio show host of Leading with Intention on the VoiceAmerica business channel and also the author of the newly released book: The Survive and Thrive Toolkit for Leaders by Mango Publishing Group. Monique is an ICF-trained and Master certified coach and has an MS in Industrial and Organizational Psychology. She is passionate about helping leaders shift corporate culture, build business agility, resilience, and influence and facilitate transformation in the organizations they lead.