Effective Management Staff Retention Turnover Rates Average 2013

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+ Effective Management & Staff Retention

+ Effective Management & Staff Retention

+ Turnover Rates Average 2013 voluntary turnover rate in nonprofit theatre in the U.

+ Turnover Rates Average 2013 voluntary turnover rate in nonprofit theatre in the U. S. in 2013: 1 For the private (non-farm) sector in the same year: 2 14. 0% 1. 9% Number of Minnesota’s arts and culture full-time equivalent positions: 4 Extrapolation, 14% of 30, 000: 30, 000 4, 200 FTEs turned over per year

+ Value Estimated portion of the market value of an organization connected human capital:

+ Value Estimated portion of the market value of an organization connected human capital: 3 30 -40% Economic impact of the Minnesota arts and culture industry: 4 $1. 2 Billion

+ Cost of turnover 5 ■ 16% of annual salary for high-turnover, low-paying ■

+ Cost of turnover 5 ■ 16% of annual salary for high-turnover, low-paying ■ 20% of annual salary for mid-range ■ Up to 213% of annual salary for executive positions

+ Sources Cited Thanks to Nicki Pretzer for compiling! ■ 1. Nonprofit HR Solutions

+ Sources Cited Thanks to Nicki Pretzer for compiling! ■ 1. Nonprofit HR Solutions and Improve Group. (2013). Nonprofit employment trends survey. Retrieved from http: //www. nonprofithr. com/wp-content/uploads/2013/03/2013 Employment-Trends-Survey-Report. pdf#page=21&zoom=auto, -128, 787 ■ 2. Bureau of Labor Statistics, U. S. Department of Labor. (2013, December). News Releases and Archives. Retrieved from www. bls. gov: http: //www. bls. gov/news. release/archives/jolts_02112014. pdf ■ 3. Beatty, R. W. , Huselid, M. A. , & Schneier, C. E. (2003). Scoring on the balanced scorecard. Organizational Dynamics, 32, 107 -121. ■ 4. Creative. MN. org, 2015. ■ 5. Center for American Progress: Boushey, Heather & Glynn, Sarah Jane (2012, November). There Are Significant Business Costs to Replacing Employees. Retrieved from https: //www. americanprogress. org/wp-content/uploads/2012/11/Costof. Turnover. pdf

Our Agenda 9: 00 Welcome and introduction 9: 20 Legal perspective: FMLA, Workers Comp,

Our Agenda 9: 00 Welcome and introduction 9: 20 Legal perspective: FMLA, Workers Comp, Reviews, Retaliation 9: 50 What the local survey data says + 10: 35 Break 10: 45 Power Point game and poll (it’s about power) 11: 10 Breakout discussions on micro management and feedback 11: 45 Break 11: 55 Reviews and assessment strategies 12: 25 Burnout, boundaries and wellness 12: 55 Closing and reflection