6 steps to retain talent in your organization
19 December, 2018Erika
If you work in human resources, chances are you’ve been affected by “digital transformation.” The digital revolution is a major HR challenge – essentially because automation and digitalization have triggered profound organizational changes, making it even harder to find ideal candidates.
In fact, the latest studies by Manpower and Cornerstone (global HR specialists) confirm that the talent shortage has reached its highest level in twelve years. As a result, HR departments worldwide, looking for qualified and personable new employees, are struggling with a serious talent drought.
Fortunately, these studies also illustrate some solutions that can help make the search easier, and support your business as it grows.
Invest in training and development: Continuous training benefits both the company and the candidate, and facilitates decision-making, innovation and the development of new skills.
Get flexible: Hiring external personnel, offering flexible hours and/or part-time or temporary contracts, recruiting self-employed workers, or outsourcing projects to another country can all be very useful alternatives to traditional recruitment.
Rethink your requirements: In some cases, a university degree is less important than relevant experience or other skills that can’t be captured in a diploma.
The candidate is also a customer: Designing the selection procedure as a positive experience helps to maintain the company brand and build a useful reserve of potential future recruits.
Retain and retrain: Employees who are no longer able to keep up with the demands of their current post may still be able to take on a new role if supported through the transition.
Improve your benefits package: A payrise is not always the way to fix an employee’s issues or improve their dedication to the company. Expanding vacation days or making them more flexible, or offering other means of achieving work-life balance, will not only improve the employee’s quality of life – it may also attract future recruits.
Developing the right combination of people, skills, processes, and technology is the only way to execute your business strategy, create value and improve people’s lives.
At Duguech&Dip, we are committed to change and innovation, both within the international mobility sector and worldwide. Do you think there are any other factors that could help companies solve their talent shortage problem?