Flight Risk Management Google Sheet Template

Description
Are you worried about keeping your valuable employees on board? Not sure how to strategically identify employees at flight risk in your organization?


We have a solution just for you! Our Employee Flight Risk Management Google Sheet Template is available to assist you in analyzing, identifying, and devising strategies for retaining your employees.



Let us first understand what is flight risk analysis and why is it important.
Flight risk analysis is a systematic approach to assess and predict the likelihood of an employee leaving the company at any given time.


Identifying employees that are at risk of leaving and taking necessary action in due time is critical for a myriad of reasons:
1. Early Intervention and Retention:
By identifying potential flight risks in advance, HR professionals can implement targeted strategies to engage, motivate, and support at-risk employees. This may involve offering development opportunities, providing recognition and rewards, or addressing underlying concerns promptly.
2. Cost Savings:
Flight risk analysis helps organizations optimize their resources by focusing retention efforts on employees most likely to leave.
3. Strategic Workforce Planning:
By understanding which employees are at a higher risk of leaving, organizations can develop targeted succession planning and ensure a smooth transition of critical roles. This approach to workforce planning helps maintain business continuity.
4. Improved Employee Engagement:
Proactively addressing flight risks and mitigating the same demonstrates an organization’s commitment to developing and sustaining its valuable workforce. This, in turn, boosts employee morale, productivity, and loyalty to the organization.


Features of Flight Risk Management Google Sheet Template
1. Customizable
Customize the axes levels as per your needs.
Customize the 9 grid names for risk assessment based on your organization’s requirements.
2. Visualization
The dashboard is an elegant 9-box grid matrix that categorizes employees based on their flight risk scores.
Instantly identify employees positioned in each grid box, providing a quick overview of flight risk distribution across your workforce.
3. Simple data entry
All it takes is a few simple data-entry steps to get your very own flight risk matrix.
4. Fully Automated
View the flight risk matrix which is fully automated and instantly created with the input data, within minutes!