EP #264 Recruitment vs. Retention
Why do we separate these two things?
There’s a problem in today’s corporate environment.
We think we have to recruit people away from other companies and then “retain” them.
But what if we thought of these things more similarly?
If people are thinking about leaving so easily, than you’ve already lost them. You haven’t delivered on what you said in the recruitment process.
This lack of integrity causes a significant problem as companies and teams grow. You do so much to recruit and then you have to double down to retain.
It should be a more cohesive process, and I have counterintuitive thought as to what will actually make it “more” cohesive.
Enjoy the rest of your week and don’t think about retention so much. 😉
What You'll Learn in Today's Episode:
Why we pit recruitment and retention against each other
Why I don’t like the term retention
Why you must support your people
What doesn’t retain
Why tangible stuff isn’t helpful
Why you can’t assumer recruitment and retention are two different things
How you can immediately treat people well
What the feeling during recruitment can do for people and your team
How you connect with people in their employment
About delivering on your promises
Some examples of priorities you should have in retaining people
How you can link recruitment and retention
Quotes Worth Sharing:
“When you recruit someone, you promise them great stuff.” - Bob DePasquale
“People don’t leave their job because of their responsibilities. They leave because it’s a net negative on their life.” - Bob DePasquale
“What are the mainstays in your business that will keep people around.” - Bob DePasquale speaking about times where things don’t happen
“An organization should always be looking for better people.” - Bob DePasquale
“The things that people want are not special projects.” - Bob DePasquale
“Maybe the other priority is people’s mental well-being.” - Bob DePasquale
“Maybe it’s not a formal process.” - Bob DePasquale talking about mental well-being of employees
“Make sure you got your mentals in order.” - Bob DePasquale quoting Marshawn Lynch
“Recruitment and retention are the same thing.” - Bob DePasquale
Resources from Today’s Episode:
My Book - Personal Finance in a Public World
Related Episodes: