What can you do to improve manager retention?

To improve the retention of managers, Salveson Stetson Group recommends that companies:

1. Help adequately assimilate new hires into the organization's culture. Lack of cultural fit is one of the biggest reasons why newly recruited employees fail. A comprehensive on-boarding process that identifies cultural values, introduces key internal stakeholders and takes the pulse of the business units and departments new executives are inheriting, will significantly decrease ramp-up time and can turn potential hiring mistakes into key contributors to the leadership team.

2. Help clarify the most important critical objectives of the job. Employers need to assist managers in determining the most important goals of their jobs and establish a time frame for achieving them. Both the employer and the manager need to know what success looks like.

3. Help build team-work with subordinates and peers. Management hires need to establish good working relationships not only with their bosses, but with their direct reports and peers, who will be crucial in assisting them to achieve their goals.