Korn/Ferry International
Understanding Intent to Stay for Employee Retention
Pages
5
Time to read
10 mins
Publication
Language
English
Pages
5
Time to read
10 mins
Publication
Language
English
This document is a guide that outlines the importance of understanding employee intent to stay (ITS) as a strategic predictor of retention. It details how organizations can leverage ITS to identify potential turnover risks and develop effective retention strategies. The guide begins by discussing the financial implications of employee turnover and the necessity for companies to prioritize retention efforts. It introduces a framework based on four core Listening Levers that influence engagement and retention. The document further explains how employee surveys can provide actionable data to pinpoint high-risk segments and tailor retention strategies. It highlights the significance of engagement and enablement in reducing turnover and identifies key drivers of ITS, such as confidence in leadership and opportunities for career growth. The guide concludes with strategic applications, recommending evidence-based strategies for organizations to enhance employee engagement and retention, emphasizing the need for proactive measures to address turnover risks.