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Retention Archives | Underwood Executive | Executive Search & Talent Management

How to Lose a Good Employee in 10 Ways

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

How to lose a good employee in 10 ways

Losing a good employee can be costly and disruptive, but it often comes down to avoidable mistakes. At Underwood Executive, we know that taking care of candidates is just as critical as finding the right fit for a role.

Here are 10 of the ways companies lose great talent:

  1. Lack of clear communication & expectations
  2. Poor induction & onboarding processes
  3. Failing to recognise individual contributions
  4. Micromanagement
  5. Lack of growth opportunities
  6. Ignoring work-life balance
  7. Overlooking company culture
  8. Poor leadership
  9. Compensation that isn’t fair market rate
  10. Lack of ongoing  support

So, what is our professional opinion? We believe that proactive candidate care is essential to employee retention. Our approach prioritises clear communication and ongoing support to ensure that talent is taken further. With a 98% retention rate, our commitment is to create lasting, successful matches between candidates and our clients

 

How Underwood Executive Can Elevate Your Company’s Performance

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

Underwood Executive  is more than just a recruitment firm—we’re a value-adding partner in your business growth. Beyond finding top talent, we provide strategic insights that help align your team with your organisation’s long-term goals.

Our deep industry expertise allows us to not only identify candidates who are a perfect fit but also offer guidance on leadership development, and organisational culture.We focus on the bigger picture—how the right people can drive innovation, improve efficiency, and elevate your company’s performance. With Underwood Executive, you gain more than just exceptional talent; you gain a partner committed to adding value at every stage of your business journey.

Join our Talent Community

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

At Underwood Executive, we specialise in finding high performing talent for executive level positions, specialised leadership roles, and niche positions. As we continue to grow and evolve, we’re committed to nurturing a vibrant talent community. By joining our community, you’ll be the first to know about exciting roles and exclusive opportunities, including silent searches for key positions.

Why Join Our Talent Community?

Exclusive Opportunities: Participate in silent searches for roles that may not be publicly advertised
Stay Connected: Engage with like-minded professionals and industry leaders within our network
Career Connections: Even if you’re not actively seeking a new role, establishing a connection, means you’ll know exactly who to contact when you are ready

At Underwood Executive, we utilise a range of sourcing strategies including silent search, market mapping, and direct approaches. This means many of our vacancies are not listed on our website. If you are looking for a specific role or are interested in joining our talent community, please contact us:

[email protected]
(08) 8214 8020

 

“Taking Talent Further”

 

“I think we’ve found our unicorn!” 

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

“I think we’ve found our unicorn!”

This phrase was music to my ears this week after a client interviewed our recommended executive candidate for a leadership, C-suite, and hard-to-fill role. It’s moments like these that highlight the unique value we bring to our clients at Underwood Executive.

In the world of executive search, the term ‘unicorn’ is often used to describe the ideal candidate – someone who possesses an exceptional blend of skills, experience, and cultural fit that seems almost mythical. When taking on new job briefs, it’s common for clients to admit they are on the lookout for such a unicorn. We often share a laugh and say we aren’t miracle workers, but we understand the underlying seriousness of their needs.

Finding these unicorns isn’t easy, but it’s a challenge our executive search team thrives on. We dedicate ourselves to understanding the intricacies of each client’s needs, the nuances of their corporate culture, and the specific demands of the role. This deep dive allows us to craft a targeted talent acquisition strategy, ensuring we not only find top-tier candidates but also those who will seamlessly integrate and drive success within the organisation.

Our recent success story is a testament to this meticulous approach. After an extensive search, countless interviews, and rigorous evaluations, we presented a candidate who surpassed our client’s expectations. The moment our client declared, “I think we’ve found our unicorn!” was a gratifying affirmation of our efforts.

At Underwood Executive, we pride ourselves on our ability to uncover and attract these elusive unicorns. Our team combines industry expertise, extensive networks, and innovative search techniques to ensure we bring the best talent to the table.

If you’re in need of finding a unicorn for your organisation, let’s discuss how we can help. Our tailored talent acquisition strategies are designed to meet the unique challenges of leadership and C-suite roles, ensuring we find the perfect match for your needs.

Bad Hire?

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

Have you ever reflected on a ‘bad hire’ to analyse where you went wrong and how you recruited the wrong person?

During the interview process, there are often signs that you might ignore or disregard – especially when you are faced with a strong interview performance or a particularly charismatic candidate.

Here’s what to look for:

Excessive Self-Promotion – they dominate the conversation, consistently steer discussions back to themselves, and focus on their achievements without acknowledging team efforts or collaboration.

High Turnover in Previous Roles – they have a history of short tenures or frequent job changes, often leaving roles abruptly or vague explanations for leaving.

Overemphasis on Money – focusing primarily on salary, benefits, or perks rather than the job responsibilities, company culture, or growth opportunities.

Inconsistent Information – discrepancies between what was stated on the resume, during the interview or what is on their LinkedIn profile.

Hard To Find Referees – they find it difficult to track down previous employers or direct line managers to verify their job performance and instead offering colleagues or clients to speak to.

Inability to Answer Questions – evading questions or providing vague responses without specific details. Turning the question back to you the interviewer, and essentially not demonstrating the required knowledge or skills for the position.

Recruiting the best person is a big investment of time, energy and resources. Watch out for some of these tell tale signs and stay focused on the job requirements, as well as you company culture fit, to get it right the first time.

Exciting Announcement

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

We are thrilled to announce the promotion of Julie Bennett to Associate Director at Underwood Executive.

Julie joined us in June 2021 with a talent acquisition career spanning over 20 years in both Australia and the USA, giving her valuable international talent expertise across multiple industry sectors, functional disciplines and geographies.

For those of you that know Julie – you already understand her genuine nature, care and her deep commitment to trusted advisor relationships. She is always authentic in her communication, professional in her conduct and optimistic in her approach. We highly value her commitment to our vision and being a key brand ambassador for executive search.

Congratulations Julie – we look forward to you continuing to develop and grow your career here at and contributing to finding our clients the best executive talent in the market.

How to select the right candidate…what the perfect resume won’t tell you

By | Executive Resumes, Executive Search, Interviewing, Performance, Recruitment

Finding talent, interviewing, recruitment, hiring, search and selection ….it’s easy! It’s not rocket science. How hard can it be, get resumes, interview, have a chat, make an offer – done! If only this was true….

This week I was asked how do you pick the right person at interview? How long have you got?! The person asking was disillusioned by a highly talented person leaving to take a very similar role elsewhere with the only obvious added benefit seeming to be ‘working closer to home’.  The another business associate was being challenged by picking someone from 20 great resumes that all seemed to have the right technical experience.  Both were apprehensive due to incorrect hires in the past that initially looked right on paper. They were desperate for the secret ingredient, the right answer, the one thing that I could tell them that they didn’t know to ask at interview to get it right.

Subsequently, I attended  a meeting with a client who was completely frustrated and surprised when what they thought was a ‘perfect hire’, resigned after 2 months.  They too wanted to know where did they go wrong, when the resume appeared to be perfect?

First and foremost – recruiting people is not easy. Picking the right person is even harder.  We do it every day here at Underwood Executive and see, hear, talk and advise clients on how to do it better. It is an ongoing battle for most business owners – finding, sourcing and selecting the right people.

Here’s what all three situations had in common – you must look beyond what’s on paper and what’s technically being said at interview and hire for culture and motivational fit.

I agree that skills and experience are important.  They are necessary in the recruiting process, but what causes you headaches and performance issues goes well beyond being able to do the job, it’s a person’s ability to fit in and being in the role for the right reasons.

How do you determine this? It’s not fool proof, but here are some quick guidelines to follow in a search and selection process to increase the odds:

  1. Technical skills & experience – is easy to assess from a resume, very factual, qualifications, systems experience etc. Some level of experience is still needed for most roles.
  2. Competencies –what are the competencies they need to do the job eg: strategic thinking, decision making, achievement drive. The key is that they must give a SPECIFIC example of a time when they have demonstrated this competency. This will usually occur in 3 parts (tell me about a time when…., what did you do and what was the outcome). If they don’t give a specific, they haven’t demonstrated the competency. Don’t ignore this – even if the resume is fantastic – if they can’t answer these questions, we follow the rule of thumb that past behaviour is a predictor of future behaviour.
  3. Motivation – this is often the trickiest part of the interview to assess. It involves asking questions around why they want the job, what is their perfect job, what other jobs have they applied for, why have they left previous jobs, what makes them stay with an employer, what makes them leave, who has been their favourite boss, who inspires them and why, where has been the best/worst culture they have worked in. Did I mention why they want this job? Not just any job. Why this job above all others in the market? And then tell me again why you want it – make sure they convince you.
  4. Warning signs – this is usually around behaviour during or post interview. For example, I had a candidate tell me they would call me Monday to confirm their interest in an opportunity, they called Tuesday at 5pm. For me and our culture, this is a warning sign they wouldn’t fit in as one of our values is integrity – you do what you say you will do.
  5. Reasons for leaving – don’t ever accept the first reason.  I ask several times on the same job – tell me what were your reasons for leaving? What else contributed to you leaving? What other reasons were behind this decision? Probe, probe, probe and look for patterns of behaviour.

Always include motivation and culture questions in an interview and actively listen to what is (and sometimes what isn’t) being said at interview.  In my experience, motivation and cultural fit is more important than skills and experience.  The culture fit and motivation buys you loyalty, commitment and top performers, who in the long term outshine the power CV with a technical answer for everything at interview.  Go with your gut – will you and your team enjoy working with this person every day of the week? And whatever you do – don’t “hope” that it will work out – it never does. Hope is not a recruitment strategy.

Employees aren’t mind readers – 6 tips for early performance intervention

By | Recruitment, Retention

A prospective new client told me last week that they may need our services as the person they have recently hired is a “dud” and they may need to let him go. This jolted my curiosity, as after 6 weeks in the role it sounded like they had already made their decision. This must be major. What had he done? Stolen the petty cash, spoken inappropriately to other staff, upset a client, given a false referee?

There were lots of wishy washy comments about him not being ‘strategic’, delivering a report that wasn’t up to standard, he was keeping very much to himself and overall “just not fitting in”. In all honesty, it was a verbal dump – the client was clearly letting off steam and venting frustration because they thought they had hired a star and where was the star performance they expected?

The realist in me kicked in – it’s been 6 weeks! It takes time to learn a new way of doing things. It takes time to get to know people. It takes time to build confidence in a new environment and depending on people’s personalities, it can appear to take even longer. But more than this, it takes a good leader to communicate expectations and give effective feedback.

“So how did he respond when you gave him this feedback?” I enquired, “is he willing to change his behaviour?”. This was received with more woffle and side stepping explaining that he hasn’t had a formal review as yet and what’s the point, we can see that it isn’t working! Agghh! People are not mind readers. People don’t know what you are thinking or feeling, unless you tell him! Bitching and whinging about what you are not getting is not going to change their behaviour or improve their performance. The only chance you have to improve performance is by giving feedback.

In this case, the client appeared resistant to give this feedback, as a lot of people don’t like giving bad news, especially to a new recruit. The flip side of this is actually a worse problem – having to let someone go, telling the team, the impact on morale, the headache of having to re-recruit, the time and emotional investment … the list goes on and on. Instead, having a 20-minute conversation discussing expectations and progress could turn the whole situation around. Imagine feeling clear, delighted and that you are both on the same page after all.

Quick tips for early performance intervention:

  1. Set a regular meeting to review expectations and performance
  2. Give specific examples where behaviour isn’t where you want it to be and be clear about how it needs to look next time
  3. Give specific examples of where things are going well
  4. Ask the employee how they think they are going?
  5. Agree to required actions to review at next meeting
  6. Ask the employee what is their understanding of what is now required (this is a communication check to ensure you have been clear in your expectations)

I rang the client today to see if he needed my services to replace his ‘dud’. Funny thing is that after having a chat, it seems that things are better and he might just work out after all……

Are you worried about someone’s performance? Are you feeling frustrated a leader isn’t delivering to your expectations? Ask yourself, when was the last time you ‘checked in’ and clarified your expectations and gave specific feedback?

 

How to have leadership impact in under a minute

By | Leadership, Retention

 

I am in the process of coaching an emerging leader in a large service based organisation and this week he had a break through.  Leading a team of people, he has been met with the typical frustrations and challenges of motivating staff, keeping them engaged and reducing their stress levels with workloads at their peak.

One staff member in particular has been noticeably stressed and difficult to manage in terms of keeping her engaged and focused on the big picture – stuck in the detail and showing signs of stress through facial expressions, shortness in communication and working longer hours. Through our coaching we have been discussing the different ways he can tackle this and the one technique that has delivered the biggest result was the easiest to execute. Instead of focusing on everything that was wrong, could be improved or fixed, he put on his “positive glasses” and focused on those things that she was doing well and he wanted her to continue doing.

Giving people praise is the easiest way to let people know they are appreciated.

In my experience, leaders can be very good at saying thank you for a job well done. However, this is not enough to ensure that people stay engaged and continue to produce the same high-level results. For feedback to be effective and to ensure the same effective behaviour continues, it requires a little more than a simple thank you and well done.

In this case, the leader decided to ensure it was on his daily to do list to be giving specific praise and recognition. For example, he observed an overflowing inbox that was cleared and congratulated his team member for being organised and getting on top of this backlog. He explained how it made a difference to the management team to get their deadlines met and they didn’t have to chase the status of the projects. He then asked how she achieved this and reinforced her system in place and thanked her again for a great result.

His technique was this:

  1. Observe a job well done (something effective)
  2. Praise the team member specifically (what did they do)
  3. Explain the impact to the business (how it helps the business)
  4. Reinforce / thank you (keep doing it)

This technique could be executive in less than 1 minute and the impact to the team member, to him and the overall business has been significant. In 3 weeks, he has gone from feeling frustrated to feeling inspiring. The team member has gone from feeling stressed to feeling empowered. The power of this technique is in the specific delivery of what the team member has done and how it impacts and helps the greater business goals and others in the team. If people understand what they do and why they do it, it will help them think for themselves and continue doing these things because they understand the ‘why’.

Want to be a more inspiring leader? Look for a job well done and take 1 minute a day to tell your team how what they do makes a difference. It’s easy, effective and will have everyone more engaged, empowered and energised.

 

How to reduce staff turnover and to ensure top talent stays

By | Leadership, Recruitment, Retention

12 years ago, I was asked by my business coach to write down a list of all my frustrations in business and in life. I wrote a solid two pages of whinges. It was the permission I needed to have my own little pity parade with on orchestra of violins. It was effective. It gave me several views – an opportunity to offload, an opportunity to get clear, an opportunity to look at patterns and the light bulb moment I needed …….. it was all within my control to change.

There were no concerns about market conditions, the economy, my competitors or external impacts – everything on that list was about people, culture or leadership. There was staff turnover, there were problems attracting talent and issues with keeping people engaged, motivated and performing. The impact on me as the leader was overwhelming. I felt helpless, burnt out, tired, emotional and frustrated.

Here’s what I did to turn it around:

  1. Ask for feedback

When things are not going the way you want, be brave and ask for feedback. Give your team permission to tell you what they love and loathe, without fear of retribution. If that is too scary or you don’t feel you will get the honesty you need, engage a Consultant or do a 360 degree survey. I discovered that our culture was one of high expectations and high pressure, where the client was king and the team didn’t feel they could achieve a healthy work life blend. This was the number one factor why they were leaving – it was impacting their relationships, health and personal time.

  1. Analyse real reasons for leaving

We all know that when people resign that don’t always tell you the real reason they are leaving. They start with the polite reason such as career development or it’s time for a change. I did an analysis on the past 3 years of all the reasons why people had left – not the reason they necessarily told me – but what I knew deep down was the real reason. That was a game changer. All reasons, apart from a handful of genuine interstate transfers and family reasons, there was a consistent theme related to leadership and culture.

  1. Leaders look in the mirror

Retaining talent and reducing staff turnover is not necessarily about more money or perks such as days off or free yoga classes. Although nice and staff will appreciate it, it isn’t what gets them out of bed in the morning, excited to go to work and to stay long-term. It’s about you, your leadership style and your ability to engage, inspire and create an environment that is motivating where they can contribute and feel valued. I found out that I was inspiring about 30% of the time and the other 70% I was pushing my high expectations, which resulted in feelings of pressure and an inability to please me. This doesn’t make anyone feel good and inspired does it? Looking in the mirror and seeing the impact this leadership style was having on my team was the wake up call I needed to reduce staff turnover and increase retention rates.

  1. Culture review

Leadership is culture. Culture is leadership. A leader sets the tone and culture is caught, not taught. Write a list of the type of people you want to attract into your business – what qualities and competencies do they have, what do they want out of an employment relationship and what will make them stay? This is your clue about what you may need to change, adapt, develop or build into your culture. It was for me. I created an environment where flexibility was introduced, people were empowered to make their own decisions and own the consequences, there were ongoing learning opportunities and success was celebrated and recognised.

  1. Action delivers results

There is no point doing all this pre-work, if you aren’t prepared to take action. Losing your people headaches, reducing frustration and ultimately getting your life back involves taking different action – implementing and trying new things. Don’t look at it like you are losing control (yes you control freaks out there), I know it will feel foreign and little uncomfortable – that’s good. You need to feel this to get a different result. For me this was the hardest step. We stopped having meetings at 8am, people left early to go to gym or to pick up kids, we hired part-timers, we set different expectations and had to let go of what others would think (we weren’t slackers or losing our drive or ambition!). It took time, but the change was just what we all needed. The results spoke for themselves – retention rates skyrocketed to an average length of service of 6 years, we didn’t advertise our vacancies – people knocked on our door to work for us and as for the impact on our financial results, they doubled.

At the core of what make successful companies great are people, culture and leadership. Become a better leader, develop a great culture and only then can you attract top talent that will stay. Getting this right is the sweet spot in business. Your leadership will feel natural, your stress levels will float away and this empowerment will bring you work life blend, confidence and profit. Get great people and great stuff happens.

Nicole Underwood recently spoke at Elders Real Estate National Conference on Talent Management – How to Crack the Code. You can watch a snippet of her presentation

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