Retention Scheme

Skills shortages are phenomena in South Africa. Exceptional economic growth over the last couple of years has further compounded this problem. The financial implications of replacing a valued employee are considerable, further it is also very important to realise that a high-profile exit could cause much damage to your company’s competitive position. Many leavers will go to your rivals, taking with them knowledge that is irretrievable and potentially critical to the success of your business. Costs that are more difficult to estimate include customer service disruption, loss of morale, burnout / absenteeism among remaining employees, loss of experience and continuity.

An important issue facing all organisations is holding on to and motivating the right people. Clé Human Capital have developed a number of marketing leading methodologies to ensure the retention of critical skills.

For more information on how to retain your critical employees please contact one of our remuneration consultants.

"an effective retention scheme will ensure business continuity by ensuring critical skills are locked in"