Retaining and developing employees.
This is how we can address the skills shortage and navigate the AI transformation.

As a rule of thumb, it can take an investment equivalent to up to one year’s salary before a new employee becomes fully productive, primarily in terms of recruitment and onboarding costs and effort. After that, employees’ skills must be continuously developed. That is why employee retention is essential for all companies.

The use of AI in many industries is changing employee retention. Certain tasks are being eliminated, while new demands are emerging. Proactive retention management addresses the foreseeable needs of employees while simultaneously strengthening an organization’s performance. This cannot be achieved if action is only taken once problems become acute, such as when involuntary employee turnover increases.

Companies have many "levers" they can use to retain employees, as the figure shows. Retention management means applying the right levers in each situation. This is done differently in every company. It often also means differentiating by individual employee groups, departments, or locations, depending on their specific needs. These needs can also change, for example, due to competitors’ activities or new technologies. It is precisely this flexible management approach that sets Groß & Cie.’s solution apart. With the “Retention Profile” and “Retention Navigator,” resources—especially personnel and budget—are optimally utilized on an ongoing basis.

Groß & Cie.’s “Retention Profile” assesses the current status, including any shortcomings and needs, and develops a tailored strategy for future employee retention. The “Retention Navigator” enables ongoing, optimal management of retention initiatives. Learn more about our solution here.

We would be happy to discuss the potential of new ways of working and work environments for your organization. Managing Partner Dr. Michael Groß can be reached by cell phone at 0171 2428 624. Or feel free to send him an email.