When It Comes To Finding Talent, It’s Not A Buyer’s Market
Posted: 06-20-2018
By: Kevin Fitzpatrick
As we enter the third quarter of this fiscal year, we are experiencing record low unemployment rates. Just like real estate, it’s not a buyer’s market.
You must have a clear direction within the organization with proactive processes that invest in the internal employee development succession to guarantee retention of your team.
Here are a few processes to consider:
Adding consistent talent reviews to leadership meetings, beyond managerial levels
Holding leaders accountable for employee development and retention as well as engagement
Developing robust communication plans with all employees
Requiring monthly or quarterly career/development discussions
Introducing voluntary development seminars, lunch and learns, etc.
Providing incentives around retention
Recognizing employee milestones and gather their input on motivation
If you are proactive and have these processes in place you can respond better to the needs of your organization.
