How to Retain Great Talent
In the face of changing technology, uncertain economies, and ever-increasing competition, organizations must not only be able to recruit great talent but retain great talent. Many go-to retention strategies face challenges in a time of talent shortages and historically low unemployment. HR leaders must find new ways to continually engage and retain employees, especially as research shows that nearly half of employees are perpetually on the lookout for a different job.1 How can organizations retain employees who seem to find new opportunities everywhere they look?
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
How to keep your employees from jumping ship
Learning. Empathy. Advancement. Purpose (LEAP). The key to retaining employees, especially in times of low unemployment, lies in building a company culture based on these four words. Low unemployment means that employees are in the driver's seat, choosing the jobs they want and jumping ship for better opportunities when they come along. Job openings are plentiful and employees have a lot of choice in front of them.
4 Tips to Attract and Retain Global Talent
Far from a one-size-fits-all approach, global hiring requires cultural context and awareness. Companies recruiting in Brazil, for instance, should emphasize corporate social responsibility in their messaging. But in China, they’ll want to highlight their firm’s prestige, according to research from E&Y. As multinational companies look to attract and retain talent in emerging markets, they’ll need to tailor overarching business strategies to local talent’s needs and wants.
Workology Podcast: Balancing High Growth with Employee Engagement, featuring Chirag Shah
Cornerstone's own Chirag Shah, Senior Vice President and General Manager of Growth Markets, joined the Workology podcast as a featured guest. Host, Jessica Miller-Merrell, and Shah discuss the pressure small & medium businesses face to grow at a rapid pace and the challenges that come with it.