The Secret to Employee Retention: Making Performance Reviews Work for You

podcast Oct 02, 2024
People Powered Business
The Secret to Employee Retention: Making Performance Reviews Work for You
21:19
 

Hello and welcome to Episode 239 of The People Powered Business Podcast.

Today we are continuing the conversation on performance reviews, but today we are focusing on retention – and looking at how conducting effective performance reviews improves retention and reduces turnover.

We kick off this episode by taking a look at some of the ways reviews create engagement and ultimately this drives improved retention. We look at reviews as development opportunities and aligning the right development plans with individuals career goals and objectives. We go on to look at the role of reviews in succession planning in your business and how it can highlight training and development requirements.

Finally we look at the feedback you receive as a business owner or manager in review meetings, and how taking this feedback and information to create positive change in your business plays a role in improving retention.

As always, I’d love you to join us inside our free Facebook Group, HR Support for Australian Businesses, so I can learn more about what’s working for you and any challenges you might be having.

Join Here - https://www.facebook.com/groups/hrsupportaustralia

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