How to Reduce Costly Turnover and Retain Top Performers

Develop a strategic retention plan to keep key employees and avoid losing institutional knowledge and productivity

Continuing Education Credits: CEU: 0.3 

Download Brochure

Half-Day Seminar


$189 for groups of 5 or more

Choose an Event


Bring this topic or 200+ other training opportunities to your location in-person or online.

Request Onsite Training

Already attended this seminar?

Rate and Get Certificates

View additional Management & Leadership training

"I have been a member of Fred Pryor for almost three years now and I have yet to attend a class that didn't have valuable information that would benefit my company and/or our employees."

— Teri M.

"Excellent!! As always, Fred Pryor's courses are easy to follow, very informative and presented in a format that keeps your attention!!"

— Cynthia S.

"I enjoy all of the seminars that I attend through the Fred Pryor Training Rewards program. They are very informative and the instructors are very knowledgeable and helpful."

— Tasha M.

"Excellent info for all levels of users. There are always things to add to your "bag of tricks"."

— Wendy S.

"Wow! I have taken many wonderful courses through Fred Pryor; this one takes the cake!!"

— Dana N.

"Top notch! Thank you Fred Pryor, this is the best investment my boss could have made."

— Lewis C.

"I received a lot of great information in this training. Several co-workers went with me which was a great help for me to start implementing some of the changes we need to do at the office. It was very eye opening for them to realize the things that we need to do at the office. It was very eye opening for them to realize the things that need to get to me. It was like Fred Pryor and the trainer had my back!"

— Tasha C.


According to the Bureau of Labor Statistics, in 2022, over 50 million employees quit their jobs. Furthermore, six million employees leave their organizations each month. Every time an employee leaves their job, it costs, on average, between 1.5 and 2 times the employee’s salary to replace them. But it is not only the financial cost that matters. When an employee resigns, the company loses that employee’s institutional knowledge, overall productivity slows, customer service is negatively impacted and the morale of the remaining team members suffers. Reducing the employee turnover rate can save companies hundreds of thousands of dollars, as well as avoid the incalculable loss of institutional knowledge and productivity.

So, what can a leader do?

In this interactive seminar, participants will learn how to take a strategic approach to increase retention and reduce turnover. This starts with understanding how to calculate your organization’s retention rate and how that compares to your industry. We will create realistic retention goals specific to your organization. Participants will learn how to conduct and use an employee retention rate survey, as well as learn the best practices to help improve organizational retention rates. A carefully constructed employee retention plan will provide organizations with step-by-step directions on what they can do in their organization to improve retention and reduce turnover.

What You Will Learn

  • Assemble a strategic approach to hire and onboard for increased retention.
  • Discover the role compensation plays in retention and turnover.
  • Provide employees with opportunities for growth.
  • Build a culture that rewards loyalty.
  • Understand how stress plays a role in retention and turnover.

Who Will Benefit

Corporate Executives, Small Business Owners, Entrepreneurs, Nonprofit Leaders, Managers and Human Resources Professionals.