Understanding Why Employee Retention is So Challenging for Mid-Sized Organizations
In this transcript, CT, co-founder of Engage Rocket, discusses why busy HR teams in midsize companies struggle with employee engagement. CT notes that these teams often struggle with hiring and attracting the right candidates, as well as ensuring payroll compliance. Additionally, organizing training and engagement events takes up a significant amount of time for HR leaders, making it difficult to track attrition effectively. As a result, when employees leave, there are ripple effects on individual teams, leading to burnout and high turnover rates. CT emphasizes the importance of having empathy for midsize companies and offers tips for doing more with less. Overall, the key takeaway is that HR leaders need to prioritize employee engagement and retention in order to build empowered managers, engage teams, and create elite organizations.
In this transcript, CT, co-founder of Engage Rocket, discusses why busy HR teams in midsize companies struggle with employee engagement. CT notes that these teams often struggle with hiring and attracting the right candidates, as well as ensuring payroll compliance. Additionally, organizing training and engagement events takes up a significant amount of time for HR leaders, making it difficult to track attrition effectively. As a result, when employees leave, there are ripple effects on individual teams, leading to burnout and high turnover rates. CT emphasizes the importance of having empathy for midsize companies and offers tips for doing more with less. Overall, the key takeaway is that HR leaders need to prioritize employee engagement and retention in order to build empowered managers, engage teams, and create elite organizations.
Timestamp
0:00:00 Introduction to the topic of why busy HR teams in midsize companies struggle with employee engagement
0:00:43 Challenges faced by busy HR teams, including hiring, payroll, and organizing training and events
0:01:43 Difficulty in tracking voluntary and involuntary attrition and the ripple effects of employee turnover
0:02:00 Empathy for midsize companies trying to do more with less
0:02:10 Conclusion and call to follow Engage Rocket on LinkedIn for more tips and thoughts on helping midsize companies
Transcript
How busy HR teams struggle with employee retention
CT Leong: [:When I work with these teams. What I see them often struggling with are things like hiring, making sure we get the talent pipeline in order, we're attracting the right kind of candidates to apply for our jobs and so on. We also see a lot of concerns around payroll, making sure that it's administered correctly, making sure that we comply with all the various state and federal regulations.
ep in these operations, it's [:These trends are difficult to do or difficult to track effectively. So what ends up happening is when people leave, you start seeing ripple effects on individual teams. They have to reorganize processes to compensate within hr. We need to post a new position again and recruit and interview, and schedule all over again.
Running our background checks on these new candidates, reference checks and so on. For managers, they then get stuck into the cycle of preparing, onboarding and training materials for the new hires, making sure that we get all the start dates and everything sorted out correctly. And what ends up happening is, People burnout, they resign and the cycle repeats itself.
ze companies to do more with [:
