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Posted by Katie Meeker on August 5, 2010 12:53

From finding qualified candidates to handling organizational changes, HR departments have their hands full on a day to day basis.  But what keeps the average HR professional up at night?  A recent study showed that in the next six months 31% of HR managers cite “maintaining employee productivity and morale” as the leader and “dealing with healthcare costs and new legislation” at a close second with 26%. More surprising than the majority is what the polled aren’t worried about: Retaining top performers (with a measly 13% of the vote). Maybe none of them read this article: Retaining a Workforce That Wants to Quit.

Nonetheless, in an effort to ease the minds of the combined 44% concerned about engaging and retaining talent, we’ve put together these 6 essentials for success:

  1. Develop an Employment Brand
    Strategically develop a cohesive employment brand reflecting your organization’s vision for the future and long term talent management needs.

  2. Maintain a Robust Pipeline
    Effective pipelines are composed of qualified candidates ready to work at a moment’s notice. Ideally, pipelined candidates have already been screened or interviewed and your recruiters are waiting to match them with the ideal job opening.

  3. Strive for an Ongoing Dialogue with Candidates
    Develop a cohesive CRM program to engage your pipelined candidates and strengthen your employment brand.

  4. Training
    To increase employee engagement levels, strive to create a working environment where training, skill transferal and knowledge sharing are encouraged.

  5. Compensation
    A compensation system is not one size fits all; rather rewards systems are best crafted around employees’ intrinsic motivators.

  6. Open line of Communication
    Utilize Employee Engagement Surveys to gain a deeper understanding of your workforce’s career expectations and overarching goals.

Looking for more information about Engaging and Retaining Top Talent? Check out our complimentary White Paper!

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Comments

8/6/2010 12:05:25 AM #

Brad Attig

Katie,

Nice article and dead on with the "Retaining Top Performers" point!

http://bit.ly/9AsaKx

Regards,

Brad Attig
MyRetailCareer.net

Brad Attig United States

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