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.
According to Shah, the biggest challenge SMBs encounter with growing their business is finding and retaining top talent. As the business grows, the talent scope and job responsibilities become more focused and specific, which makes finding the right talent a true scavenger hunt.
Miller-Merrell and Shah also dive into specific examples of how Cornerstone "walks the walk" in terms of employee retention and development efforts, including "Development Day" where employees across the company teach courses on any and every topic (arts and crafts, anyone?).
Listen to the podcast now and get expert insights on why employee development and engagement is more than a "nice to have" for every growing business.
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Leading the next generation of employees
As labour markets strive to rebound from the impact of the pandemic, a historic talent shortage has emerged. Three out of every four companies globally have reported talent shortages and difficulty hiring – a 16-year high. Compounding this is “The Great Resignation”, driven by Gen Zs and millennials’ changing priorities, in many cases fuelled by the conditions of the lockdowns.
The fully integrated virtual learning solution
Today’s workforce is more dispersed than ever before, making the need to learn and communicate across different locations critical to business success. So your organisation needs to support your employees with learning and collaboration capabilities wherever, whenever.
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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.