Articulating gratitude,expressing appreciation and recognition they deserve to retain the best talent and skilled professionals is the first sign of success for entrepreneurs. Talent is rare and so it is very much precious. It is the superior ability which can't be learned .Talented people will always demand and strive for excellence.Skills are and can be learned and how fast you acquire depends on talent you have.Experience comes regardless of talent or skills . The quality of experience depends on how much you have exposed yourself in learning phase.
 |
| Talent Attracting and Retaining |
Most companies present themselves in the same way
(deliver high quality and strong commitment to customers ,
employees being the most valuable assets, etc...). 76% of
organizations have experienced difficulties in attracting talent
in 2021. An average of more than 3.95 million workers quit their
jobs each month. Compensation is an important factor in the hiring
process. Before employees are getting various benefits like
Healthcare, Remote Work, Flexible Work Hours, Unlimited PTO and
Free Lunch. Now a days they are getting even more hot benefits
compared to earlier like Healthcare ( Employees Pay Nothing) ,
Remote Work/Flexible Work hours, 4-Day Workweek( Time as Benefit)
, Wellness Stipend, Cash Bonuses, Stock/Equity, Paid Retirement,
Diversity Equity Inclusion Belonging (DEIB), Corporate
Responsibility Environment, Ethics, Values and Progressivism,
Agile Recruitment Processes, Childcare etc....
In order to recruit top talent we need to focus on various key elements such as Consider entire employee value proposition,seamless simple recruiting process, Connect with your candidates, Carefully construct job description, Encourage referrals, Active community presence, Make your company mission and values visible in the hiring process . Remote and Hybrid work culture environment will also attract and expand the best talent pool. According to survey 47% of organizations are thinking that the remote/Hybrid work will change the competitive talent landscape when it comes to attracting and retaining talent.
Almost 85% of people says that workplace flexibility is a key aspect of employee engagement The main cause of turnover is that 44% of people feels that pay is the leading reason for losing top talent. As according to survey Compensation plays a key role in retaining the best talent. Rising pay is the most popular strategy to retain the best people .
In order to retain the best employees for
organization we need to
- Need to know from employees what engages them the best
- Appreciate your employees job well done
- Promote work life environment
- Be Flexible with remote work
- Need to have regular communication with employees
- Focus on pay regulations and pay equity
- Strengthen more on Company goals and work culture
- Emphasize career growth and development opportunities
- Increase employee engagement
Employee Innovation at workplace has a great competitive
advantage which improves brand image of the company It will
also improve the efficiency and productivity of the employee and
also helps to meet customers needs. Workplace innovation is mainly
influenced by the employee engagement and satisfaction through
simple, practical approaches that gives their brand an identity
and competitive advantage. Implementing the best practices will reap benefits at the workplace innovation.
0 Komentar untuk "The importance of Attracting and retaining the best talent pool in organization"