3 ways to retain your talent in the global marketplace
Today, companies can access talent from around the world. This has created intense competition for the top talent with employees now having the upper hand in the recruitment process, due to a renewed emphasis on work-life balance brought on by remote work. This has led to with many employees seeking new opportunities that suit their lifestyle better.
The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area.
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Brennan McEachran
CEO, and Founder, Hypercontext
A recent article showed that resignations are up 10 to 15 percent in the U.S. from the record-setting 2019 period.
10-15%
4.4M
So how do companies keep hold of their top talent while protecting their company’s best interest?
Here are three ways to retain
your best talent.
Unlock talent retention
“The Great Resignation”
Time Magazine
U.S Bureau of Labor Statistics
Three Ways to Retain Your Best Talent
Own your onboarding
a record 4.4 million workers
(3 percent of the workforce) resigned
in September 2021.
According to the
You don’t get a second chance to make a great first impression. So, your onboarding is crucial for the future retention of your talent. By creating a clear development path for your team members, you can ensure they never feel underutilized, undervalued, or frustrated with their role.
Create a healthy work culture
Establish a culture that emphasizes work-/life balance. Managers need to promote the importance of signing off at the end of the day and spending time away from work devices. By setting clear expectations, you can help avoid burnout within your team. How a company treats its people is now one of the key factors in retaining its top talent. Companies that don’t invest in their talent’s wellbeing will fall behind.
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Build a human connection
Use today’s technology to create, build, and nurture a genuine human connection between management and employees. Regular one-on-one video meetings will help you remain in touch with team members. While technology can help us connect, it’s important that you are present in these meetings. So, make sure you turn off your device notifications, put your phone away, and listen to your team.
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Discover how to grow and retain your global team with Globalization Partners.
Downscale technology and upscale how much you care and how willing you are to
be in the moment and present with people.
Tim Sanders
Vice President of Customer Insights, Upwork
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Find Out More
Rally for
Retention
Today, companies can access talent from around the world. This has created intense competition for the top talent with employees now having the upper hand in the recruitment process, due to a renewed emphasis on work-life balance brought on by remote work. This has led to
According to the
Downscale technology and upscale how much you care and how willing you are to
be in the moment and present with people.
Tim Sanders
Vice President of Customer Insights, Upwork
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