Category Archive for "retention"

The 3 Non-Negotiable Attributes All Employees Want from their Workplace

The paradox of recruitment challenges persisting — and indeed worsening — during a period of stagnating market growth has never been more evident than today. Despite grim global economic predictions and the soaring cost of living, all kinds of employers are finding it harder than ever to attract and hold on to the right talent. As quickly as they are bringing new hires through the front door, disillusioned and disengaged employees are slinking off out the back. For some it’s because they are burnt out, still ill from COVID-19, determined to reset their work-life balance, retire early, or start fresh somewhere new and less expensive. For others, the salary gap is the issue they can no longer ignore. The rising costs of energy, fuel, groceries, mortgages, rent and just about everything else means they can no longer accept a pay scale that seems to be tipped the wrong way in the context of rampant inflation. Whatever the reasons, where in “normal conditions” the average staff turnover each year is 20%, today it’s running at 30%, which suggests that something is very wrong. Even those who stay, for fear of being without an income as the threat of recession looms, are…

3 Ways Managers Can Keep Top Talent

Know these essentials for successful talent-focused leadership Never before have companies relied so heavily on their human assets for their competitive advantage. You need your best people to stay, regardless of economic ups and downs. By stay, we mean that your talented people have not just checked in but are tuned in and turned on, as well. They are engaged in the business of the business. Successful talent-focused leaders select great people who fit well with the organization’s culture, mission, and values. They also ensure that people they select possess the leadership attributes, competencies, skills and personal traits needed to succeed in the position. Selecting the “right” person for the job, one who fits with the organization and the position, increases the likelihood they will stay longer. Here are three essentials for keeping your best people. Support learning and growth Once they have hired the right people, talent-focused managers look for ways to continuously grow and develop their people’s talent. They help them identify multiple career options and identify opportunities for moving laterally and vertically. They look for ways to enrich and enliven their work. They make every effort to increase the time people spend doing work they love. They…