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Retaining Talent

Retaining Talent. Tim Hays. About Lextron. Pharmaceutical Distribution (Animal Health) Employees: 600 Locations: 45 Sales: $500 million IT staff: 12 Software: custom development. Situation. Finding local talent to replace specialized skill has been difficult

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Retaining Talent

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  1. Retaining Talent Tim Hays

  2. About Lextron • Pharmaceutical Distribution (Animal Health) • Employees: 600 • Locations: 45 • Sales: $500 million • IT staff: 12 • Software: custom development

  3. Situation • Finding local talent to replace specialized skill has been difficult • It takes awhile to ramp up a new person due to the specialization in our environment • Maintaining a blend of old and cutting edge technology

  4. Retention Ideas • Fire fast • Environmentals: temp, touch, time • Percentile pay evaluation • Business meetings, talk about the business not IT • Avoid company politics • Celebrate often and buy lunch

  5. Remaining Relevant • New technology, new skills, personal development • Empowering the employee, project management • Creative financing • Flexible work arrangement

  6. Work Flexibility • Flexible start/stop times, 12 hour coverage • 2-days per month work from home • ½ day off on Friday • Mon and Fri work from home • Transition from full-time to part-time, work from home

  7. Making Flexibility Work • This option can be taken away • This is not a defined benefit • Employee writes the rules • You will be measured • Trust

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