The story of how HRSG helped Rocky Mountain Equipment to reduce their turnover rates through competencies.
- Problem: When Rocky Mountain Equipment realized they were losing 300 employees a year due to a turnover rate of 35%, they knew they had to make a change.
- Solution: Rocky Mountain decided to use competencies to build a strong foundation for talent management and define performance expectations. They began by working with HRSG to create a competency library and create profiles for key roles within the organization.
- Result: With competencies, the turnover rate has reduced by 10% and RME now has a more effective onboarding process as well as the ability to create development plans for its employees.