The Energizer

Resilient Insights for Work & Life

How to Craft a Key Retention Strategy: Mentoring

by Eileen McDargh, Chief Energy Officer - Monday, January 22, 2018
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Recruitment of talent is one issue. But the retention of talent looms as an ever-larger concern for organizations seeking to be resilient in the future. According to a Deloitte study, 83% of companies are seriously worried about their leadership pipelines yet only 8% of companies have strong programs to build leadership skills in their millennial populations.

DANGER: By 2020 2/3 of millennials are poised to leave their company. Training to replace costs companies between $15,000 - $25,000.

SOLUTION: Research shows that mentoring is the quickest way to advance people and keep them.

Read the rest of this article on LinkedIn.

 


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Eileen McDargh Keynote Speaker Blog Author

About Eileen!

Since beginning her consulting and training practice in 1980, Eileen has become noted for her ability to speak the truth with clarity, wisdom, humor and compassion. Long-standing clients and repeat engagements attest to her commitment to make a difference in minds, hearts and spirits of organizations and individuals. She draws upon practical business know-how, life's experiences and years of consulting to major national and international organizations that have ranged from global pharmaceuticals to the US Armed Forces, from health care associations to religious institutions. Executive Excellence magazine selected her as one of the top 100 thought leaders in leadership and among the top ten consultant providers of leadership development.

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