4 Ways to Retain Professional Services Employees
The best way to prevent unwanted turnover is to focus on making incremental improvements in pursuit of a better workplace. Attract, engage, and retain your professional services employees in a new world of work with these tips:
1. Measure metrics that matter.
Performance management systems often have metrics that are misaligned with organizational strategic goals and feel unfair to employees. Ensure associates are creating flexible goals that link individual contributions to the firm's strategic objectives. Then, make a point to discuss, examine, and adjust goals, at least quarterly, to keep employees motivated and on track.
Learn how to measure and impact employee performance >
2. Prioritize critical leader communication.
How and when partners communicate to their teams about important changes in the organization are critical to employee engagement and retention. Keep lines of communication open and ensure partners are continually sharing important updates and changes.
Learn how to improve leadership communication >
3. Monitor retention risks.
Professional services firms have seen increases in voluntary turnover this year. Much of this unwanted turnover could be prevented by monitoring and understanding retention risk. Collect and analyze 360 feedback from a variety of sources to get a full picture of retention risk and turnover trends in your organization—then act on those insights.
Learn how to understand and improve employee retention >
4. Use the right tools.
Getting a clear picture of turnover in your organization can be difficult. Prevent unwanted turnover and retain your lawyers, advisors, and associates with Engagement, Performance, and Intelligence tools from Quantum Workplace.
Learn how the right tools can help you reduce employee turnover >
