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Employee Retention
Chatfield Group - Case Studies

Strengthen Your Culture

Filed in: Communications — Organizational Change
Challenge:

Strengthen a Best Place to Work

A top-ranked employer in a major metro area wanted to know what it could do to enhance its already strong corporate culture.

Solution:

Conduct Employee Focus Group to Identify Areas for Improvement

To determine how best to fine-tune an already strong culture, The Chatfield Group conducted a series of employee focus groups to pinpoint areas of opportunity. Feedback from these focus groups suggested the need to strengthen communications. In particular, employees said organizational silos were stifling communication across business lines, hampering the ability of employees to build cross-functional product knowledge, and interfering with career advancement.

Focus group participants cited the need for a performance management process so employees could get the feedback they need to improve. And they highlighted their interest in formalized training and development opportunities, adding that managers, in particular, should improve their listening skills to do a better job eliciting ideas and feedback from employees.

Key Focus Group Recommendations

After an analysis of focus group feedback, The Chatfield Group presented specific recommendations to the company, including the following:
  • Strengthen Branding & Marketing: Update marketing materials to reflect a shared vision and consistent messages … Build deeper awareness of products and services at all levels…
  • Break Down Organizational Barriers: Build cross-functional alliances and teamwork to combat organizational silos that stifle communication across business lines … Expand personal relationships across functions…
  • Strengthen Communications: Increase straight-talking business updates from key executives … Create opportunities for employees to connect face-to-face across departments and levels and to offer suggestions…
  • Give Employees First Crack at Open Positions: Update the job-posting process to give employees first consideration for open positions … Require that jobs be posted before recruiting externally…
  • Provide Focused Training and Development Opportunities: Target leadership development … Provide 360-feedback to high-potential managers … Train executives and managers on listening skills, on providing feedback to employees, and on facilitating employee suggestions … Provide work-flow training to help employees in process-oriented jobs identify process improvements…
  • Require Goal-Setting and Performance Reviews Firm-Wide: Hold top executives accountable for reducing organizational silos and for improving communications … Ensure that managers take responsibility for cascading business goals across their departments and for conducting annual reviews with their direct reports…
  • Communicate About Pay Practices: Provide employees with clear communications about the company’s pay policies and how pay is linked to performance…

Tags: Culture — Focus Groups — Organizational Structure — Employee Retention — Training — Career Development — Process Improvement — Performance Reviews

Realign Post-Acquisition Compensation Structure

Filed in: Total Rewards — Organizational Change
Challenge:

Realign Compensation Structure Following Major Acquisition

A Fortune 500 durable-goods manufacturer had just acquired another global company and needed to align the executive compensation structures of the two companies.

The acquiring company was centralized while the acquired company had numerous decentralized businesses across the globe.

Solution:

Conduct Global Compensation Review to Lay Groundwork for Change

Company management asked The Chatfield Group to develop a single, comprehensive approach to executive compensation that would encompass all of the executive positions at the new, expanded company.

During the engagement, we reviewed the organizational structure globally and updated all job descriptions. We market-priced executive positions on a global basis, making sure that each position accurately reflected its particular industry, business, location, and job market. We aligned grade levels for comparable positions across business units and global regions. And we reviewed every position and grade level with an appropriate HR executive to ensure that the new compensation structure addressed both internal and external job values.

Recognizing that the new, more complex corporate organization would result in more frequent expatriate assignments, The Chatfield Group also conducted a global review of the company’s expatriate compensation practices. Following this review, we created a practical expatriate compensation policy to guide management decisions.

Tags: Pay for Performance — Employee Retention — Job Descriptions — Global HR

Link Pay to Performance in Down Market

Filed in: Total Rewards
Challenge:

Link Pay to Performance in Down Market

A major manufacturer of commercial building systems faced tight budget constraints because of a downturn in the construction business. The company was particularly concerned about losing key employees due to a limited salary budget.

Solution:

Design Pay for Performance Plan to Meet Company Objectives

After conducting a market analysis of the company’s current pay program, The Chatfield Group developed a conservative pay structure covering multiple locations.

To gain maximum leverage from scarce salary dollars and retain high-potential employees, we designed a pay-for-performance matrix and guidelines that optimize rewards for high performers while limiting pay increases for others. In addition, we reviewed performance levels to ensure that the new pay structure could be implemented within budget.

Tags: Pay for Performance — Employee Retention

Integrate Diverse Cultures of Acquired Businesses

Filed in: Organizational Change
Challenge:

Create Process to Integrate Diverse Cultures of Acquired Businesses

A $200-million holding company needed a performance management process to integrate the divergent cultures and business strategies of three recently acquired businesses.

Solution:

Establish Common Platform for Goal-Setting & Performance Management

Working closely with senior management of the corporation and its acquired businesses, The Chatfield Group developed a customized goal-setting and performance appraisal system for the holding company that included management training as well as coaching in performance management.

To help build a common culture, The Chatfield Group facilitated a shared values discussion across all levels of the three acquired businesses.

Tags: Culture — Employee Retention — Coaching — Performance Reviews — Goal-Setting

Improve Retention and Strengthen Brand

Filed in: Human Resources — Organizational Change — Project Management
Challenge:

Improve Retention and Strengthen Brand

A top-tier accounting & consulting firm needed to gather data on a wide range of employee perceptions as part of an organization-wide effort to change the firm’s culture.

Solution:

Design Surveys for Employee & Alumni Groups

To facilitate culture change, The Chatfield Group designed an all-employee survey to gather data on a wide range of employee perceptions. The project included survey design, administration, feedback reporting and focus groups. The attitudinal data gathered provided the basis for cultural change.

In addition, The Chatfield Group developed a customized alumni survey to gather exit information from former employees to strengthen management awareness of the need for culture change.

Tags: Culture — Employee Retention — Custom Surveys — Focus Groups — Exit Interviews

Retain Key Talent While Building Bench Strength

Filed in: Human Resources — Talent Development — Organizational Change
Challenge:

Retain Key Talent while Building Bench Strength

Historically, turnover was largely a non-issue for the regional branch of a prestigious federal agency employing nearly 500 scientists, engineers, economists and other highly skilled professionals. Today, however, the agency faces major talent shortages due to an aging workforce.

Solution:

Develop Customized HR Planning Process to Address Recruitment & Retention

To address the prospect of significant staff shortages in the future, The Chatfield Group developed a customized HR Planning Process designed to strengthen the agency’s recruitment and retention efforts.

The project included development of a customized competency model, management training, and training of a facilitation team to implement an organization-wide talent-assessment process.

Tags: Employee Retention — Training — Train-the-Trainer — Leadership Development — Competency Models — Management Development — Workforce Planning — Succession Planning

Eliminate High Employee Turnover

Filed in: Human Resources — Communications — Organizational Change
Challenge:

Eliminate High Employee Turnover

A mid-sized technology company experiencing high turnover among its employees needed to address its turnover issues.

Solution:

Use Focus Groups to Identify Reasons for High Turnover and Generate Ideas for Improvement

To determine the root causes for the company’s high turnover, The Chatfield Group conducted a series of focus groups at the firm’s primary operating facilities. The lack of a clear chain of command and poor communications were identified as key concerns. So, too, were the needs to improve employee orientation and to provide training and development opportunities for both managers and employees. After analyzing staff feedback, The Chatfield Group teamed with company management to implement the following six-step plan to correct organizational deficiencies:
  • Step 1: Expand Management Ranks – To clarify reporting relationships and improve functional management, the company created a layer of departmental management. Under the company’s revised organizational structure, Department Managers take the lead in communicating with employees on a day-to-day basis, in coaching employees on performance, and developing employee capabilities.
  • Step 2: Launch Onboarding Program for New Hires – To increase retention of new employees, the company developed an onboarding program designed to make New Hires feel comfortable and productive in their new work environments from Day One. Hiring Managers developed an Onboarding Plan for each New Hire to address practical concerns of both the new employee and the Hiring Manager. Topics included 1) key people for the New Hire to know; 2) tools of the trade, such as computer log-ins and directory structures, file-naming conventions and reference materials; 3) a review of job basics, including the New Hire’s job description; 4) a “starter” assignment in which the new employee works independently to quickly add value with minimal supervision. To check on New Hire progress, Hiring Managers and HR schedule formal reviews with New Hires after they have been with the company for 90 days.
  • Step 3: Strengthen Corporate Communications – A number of focus-group participants expressed the need for more frequent communications from the company. To address this issue, the company launched a company intranet designed to share lessons learned, project updates, job descriptions, job titles and contact information. It developed additional forums for discussion. And it began conducting exit interviews with departing employees to continue gathering feedback about the factors underlying its employee turnover challenges.
  • Step 4: Improve Benefit Communications – In response to focus-group feedback about the need for a better understanding of employee benefits, the company benchmarked its current benefit plans with industry standards. During benefit-enrollment periods, it met with employees in small groups to provide them with an overview of company benefits and announce benefit changes. In addition to strengthening some benefit options, the company also began providing vacation accrual information on employee paychecks.
  • Step 5: Introduce Performance Appraisal System – To provide greater clarity with regard to performance expectations, the company introduced a performance appraisal system that includes goal-setting, ongoing performance feedback, employee development and coaching. Training managers on setting goals and providing feedback was given high priority.
  • Step 6: Provide Training & Development Opportunities – Many employee suggestions focused on the need for better management training. In response, the company developed a multifaceted T&D program that included Quarterly Workshops for Managers covering topics such as Maintaining a Strong Customer Focus, Interviewing Skills for Managers, and Coaching for High Performance. To build its management pipeline, the company introduced a Leadership Development Program. And to respond to employees’ thirst for learning opportunities, the company launched a series of “Lunch ‘n’ Learn” seminars for all employees.

Tags: Employee Retention — Focus Groups — New Hire Onboarding — Management Development — Job Descriptions — Performance Reviews — Interviewing — Coaching — Training — Employee Engagement

Strengthen Performance Management & Employee Retention

Filed in: Human Resources — Talent Development
Challenge:

Strengthen Performance Management & Employee Retention

“Tier Two” accounting firm facing strong competition from its larger competitors for top talent needed to address significant retention issues in order to achieve its growth objectives.

Solution:

Customized Training Incorporating Core Competencies

The Chatfield Group developed and administered an all-employee survey and an exit interview process to gather data on the causes of turnover at the Tier Two accounting firm.

Based on our findings, we developed a competency model for development of employees at all levels, from new associate through partner, and a customized performance measurement process to provide direct performance feedback from managers, project leads, team members and clients.

Tags: Employee Retention — Exit Interviews — Employee Surveys — Competency Models — Performance Reviews — Metrics

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