It’s common knowledge that top talent in your organisation is a significant productivity kicker. The relationship between the quality of your talent and business performance is unquestionable.
Remarkably, in 2018, statistics showed that approximately 75% of employers struggled to fill positions with the “right candidates” (talentnow.com, 2018).
Truth in business is non-negotiable. Employees must be valued, and it is important to have informative, honest conversations. A harsh reality of business is that it may not always be good news being delivered, but intelligent individuals will appreciate the honesty.
PM-Partners group recognise that, to succeed long-term, it is critical that a business can attract, hire and retain top talent. Employee loyalty will directly impact the future success of a company, and to gain loyalty we must “walk the talk” of our own company values.
It is also important not to assume it’s just top dollars that attract top talent. As employers, we must provide an environment where people can learn, grow and flourish – where they can be their best person.
Finally, never insult someone’s intelligence – Listen, Respect, and Recognise (LRR) an individual’s contribution. In return, employees will ‘LRR’ senior leaders in the business and will deliver and perform to their utmost ability.
Do not underestimate LRR, and the environment it fosters for innovation and motivation.
Tell me, how to you retain top talent in your organisation?
If you require assistance in selecting the right delivery and resourcing model, contact myself or PM-Partners today on 1300 70 13 14.