Data-Driven Solutions Exiting Employees

Strategic TurnOver Program ™ (STOP)

The cost of replacing an average employee is at least 150% of compensation and up to 400% for executives. That does not even include the cost of lost productivity and low morale. STOP helps reduce unwanted turnover and pays for itself many times over.

THE PROGRAM

  • STOP combines confidential, third-party exit interviews, data analysis, and comprehensive reports that tell the causative versus contributive reasons for turnover, and identifies trends.
  • Typically, internal exit interviews capture less than 15% of exit data. STOP captures 60% to 85% and asks targeted, customized questions that provide in-depth, actionable information. Interventions can then be monitored and measured.

FEATURES AND BENEFITS

  • Data is reported by site, division, department, age, ethnicity, gender, tenure, or any other dimension
  • Data can be sorted into retired, promoted, terminated, or any other groupings
  • Information is reported in user-friendly charts and graphs tailored to your specifications
  • Reports help managers address a wide variety of issues such as: communication, supervision, co-workers, training, favoritism, accountability, benefits, discrimination, empowerment, micromanagement, resources, career growth, income, and more
  • Early warning for "Red Flag" issues alerts you to possible litigation
  • The Comeback Campaign can help you re-hire former employees

Why use STOP for retention?

  • Manage turnover to evolve your organization for greater effectiveness
  • Retain valued employees
  • Target improvement opportunities; track interventions; measure the difference
  • Identify criteria that contributes to employee satisfaction