A good part of a company’s success is based on its human capital. Thus, retaining talent becomes an essential practice for conducting business these days.
Keeping qualified professionals on the staff is a constant concern for most companies, regardless of their area or branch of activity. Retention of talent is among the priorities of executives. That’s why investing in talent retention is something that should be among your company’s priorities, because only then can the full success of the organisation be achieved.
Many companies are able to set up dream teams, achieve impressive results, and suddenly watch employees leave one by one. But why does this happen? There is a lack of a more strategic approach to HR, in promoting the retention of these talents.
Creating a team as productive or more than the previous one has a high cost for the company, so retention of talent needs to be watched with attention by all managers. Therefore, Human Resource Management must promote, among the various directorates, the culture that employees are the central asset, after all, without them nothing happens.
In contrast, as a bridge between the two spheres (organisation and workers), HR must put into practice talent management.
Ideally, managers map out a competency development plan aligned with the company’s HR. In addition to helping with the techniques, HR Consultants have a trained look to see the employee more comprehensively.
Create a culture of talent retention
Establish a career plan so the employee can visualize the internal possibilities and thus invest in his growth;
- Create goals and bonuses, rewarding the professionals who stand out most in a given period;
- Provide a friendly work environment. It is essential that companies provide their employees with an appropriate environment, always striving for their well-being during the working day;
- Engage employees in decision-making processes or engage them in ongoing projects, listening to their suggestions appreciatively;
- Encourage the practice of sports, promote indoor championships or provide leisure areas;
- Create an environment that enables employees to develop projects with greater autonomy and new competencies;
- Encourage the exchange of ideas and create opportunities to listen to people. Avoid any non-constructive criticism.
The truth is, there is no recipe ready to motivate and retain talent. But surely, an organised work environment with a projection of professional development and proper management are decisive factors to maintain your talented staff happy and motivated.
