Talent acquisition and retention in industry
Talent Acquisition Crisis? Steal These Retention Secrets!
Kotter on HR Talent Acquisition and Retention by Kotter
Title: Kotter on HR Talent Acquisition and Retention
Channel: Kotter
Talent Acquisition Crisis? Steal These Retention Secrets! Seriously, It's a Bloodbath Out There.
Okay, let's be real. The "talent acquisition crisis" isn't some nebulous boardroom buzzword. It’s a full-blown, screaming-at-the-sky, "WE NEED PEOPLE!" situation. And if you haven’t felt the icy grip of employee turnover tightening its hold, well, bless your heart. You’re either incredibly lucky, or you haven’t looked at your numbers lately.
Seriously, I was at a networking event last week—a proper corporate shindig, the kind where everyone's wearing vaguely uncomfortable suits and pretending to enjoy tiny quiches. And the only topic of conversation? How to hold onto anyone, anyone who actually does their job. So yeah, the "crisis" part is pretty ironclad.
But enough doom and gloom. The good news? We’re not entirely helpless. We can steal some retention secrets. And I mean, borrow heavily. Like, "legally" borrow. Let's dive in.
The Great Resignation: Why Are They Leaving? (And How to Stop Them)
Before we get to the good stuff – the stealing – we need to understand the why. Why are people jumping ship faster than a sinking… well, you get the picture.
It’s not just about bigger paychecks, although, let’s be honest, that's a huge factor. Salary is like the foundation of the house. You can't build a mansion on a cracked foundation. The whole "work-life balance" thing is a massive deal too. People are tired of the constant hustle. They're craving flexibility. They want to actually, you know, live their lives outside of work.
Think back to those pre-pandemic days, remember how we all just, worked—like robots. And maybe we felt like robots too.
Then, boom, the world changed. Suddenly, people realized they could work from home. They could spend more time with family. They could ditch the soul-crushing commute. So they did. And they liked it.
The Problem: The Missing Ingredient: Appreciation.
Companies are offering more perks, better benefits, all the shiny stuff. But are they truly appreciating their employees? Are they recognizing the human element? Anecdotal evidence? My sister, who is an incredibly gifted accountant, left for, literally, a different job within the same company because her direct boss never acknowledged her hard work. Not a "good job," not a "thank you," not even a shared coffee break. Just…silence. That kind of stuff sends top talent packing.
The Secret Weapon: The “Engagement” Monster:
We can't just throw money at the problem. You need to engage employees. And engagement is multifaceted.
- Listen: Conduct regular employee surveys (and actually read the results!). Have one-on-one meetings. Create safe spaces for feedback. You can't fix what you don't know. Simple, right? But surprisingly rare.
- Development: Offer training opportunities, mentorship programs, and clear career paths. People need to feel like they're growing. Stagnation breeds discontent.
- Recognize: Acknowledge achievements, celebrate milestones, and offer public (and meaningful) praise. It doesn't take a lot of money, but it can go a long way. A handwritten note? A small gift card? It matters.
The Counterarguments: But It’s Expensive! (And Other Excuses)
Okay, I hear you. "It's expensive!" "We're already doing too much!" "What about the budget?!"
Look, yes, some of these strategies cost money. But what's more expensive? The constant churn of employees? The lost productivity? The cost of training replacements? The damage to your company culture? Think about it.
There are cheaper alternatives, too. A little gratitude goes a long way. Consider employee discounts or simply provide flexible working arrangements, that don't cost anything and are in-demand.
And the excuse that "we're already doing too much"? Hogwash. Complacency is the enemy here. Are you actually measuring employee satisfaction? Are you tracking retention rates? If you're not actively working on it, you’re probably losing talent. Don’t tell me how busy you are. Tell me how you're solving problems.
The Dark Side of Retention: Are We Creating a Cozy Prison?
Here's where things get a little…complicated. While retention is generally good, there is a flip side. A dark side.
We need to make sure we’re not, inadvertently, creating a ‘golden handcuffs’ scenario. A situation where employees stay simply because of the benefits, rewards, and ease of life; not because they are truly invested in the work itself. This can lead to complacency, lack of innovation, and a less dynamic workplace.**
The Balancing Act:
- Focus on Purpose: Ensure the mission of the company is clearly communicated. Give employees something to believe in.
- Embrace change: Don't be afraid to let people go if they're not a good fit. It's better for everyone in the long run.
- Encourage Movement: Create opportunities for internal mobility. Lateral moves, different projects, temporary assignments. Keep things interesting.
Steal This Stuff! Real-World Tips and Tricks (From Someone Who's Been There)
Forget the academic jargon. Here are some actionable things you can start doing today.
- The "Exit Interview" Ritual: When an employee leaves, actually listen to their exit interview. Don’t just push it through HR; engage with the information. It might sting to hear it, but it's pure gold for future improvement.
- The "Stay Interview": This is the opposite of an exit interview. Regularly sit down with your team members and ask them what's working, what's not, and what you can do to make their jobs better. It's proactive, people!
- Make feedback easy: Implement an anonymous feedback system. Use tools like SurveyMonkey or Google Forms to get constant feedback on how things are at the company.
- The "Appreciation Bomb:" No, not literally, though that would be…memorable. Regularly send out quick notes of appreciation. A simple, "Great job on that presentation!" can make all the difference.
- The "Lunch and Learn Mafia": Encourage employees to share their expertise. Host informal "lunch and learns" or "brown bag" sessions. It creates a culture of learning and development and fosters connections.
- The "Flexibility Fairy:" Be open to flexible work arrangements. Remote work, flexible hours, compressed workweeks. The more options, the better.
Talent Acquisition Crisis? Steal These Retention Secrets! Where Do We Go From Here?
The talent acquisition “crisis” is a challenge, yes. But it's also a wake-up call. It’s a chance for us to rethink how we treat employees. How we create a workplace that people actually want to be a part of.
The path to retention isn't easy. It requires a genuine commitment to people. It requires constant evaluation and adaptation. And it requires a willingness to steal – I mean, borrow – the best ideas from everyone.
So, go forth, and start retaining! And let's be honest, if this is all a bit overwhelming? Well, embrace the messiness, the imperfections, the occasional screw-up. That’s life! Now, if you'll excuse me, I have a "Stay Interview" to conduct. Wish me luck. And maybe, just maybe, I'll keep my top performers around a little longer.
C-Suite Secrets: The Innovation Network You NEED to JoinTop 10 Challenges and Solutions in Talent Acquisition and Retention by Top 10 You Should Know
Title: Top 10 Challenges and Solutions in Talent Acquisition and Retention
Channel: Top 10 You Should Know
Hey there! Come on in, grab a virtual coffee. Let's chat, shall we? You know, this whole ‘Talent acquisition and retention in industry' thing…it’s a rollercoaster, right? One minute you're celebrating a new hire, the next you're scrambling to fill a suddenly-empty position. It's never a dull moment, and honestly, it's one of the most fascinating parts of running a business. It's not just about filling chairs; it’s about building a team, a family (well, maybe not family exactly, but you get the idea!), a group of people who actually want to be there, who contribute, and stick around. Alright, let's dive in.
The Great Hunt: Modern Talent Acquisition – More Than Just a Job Post
Forget those dusty old job boards, my friend. In today's fast-paced landscape, Talent acquisition and retention in industry is a dynamic, strategic game, not a passive waiting game. It's about proactively seeking out the right people, not just anyone who happens to apply. Think about it – your ideal candidate isn't necessarily actively browsing job sites. They're probably head-down, crushing it at their current role, maybe even unaware of the amazing opportunity you're offering.
So, how do you find them?
- Network, Network, Network: Seriously, it's crucial. That industry event you've been putting off? Go! Chat up people. LinkedIn is your best friend. Build relationships. Word-of-mouth is still gold. Targeted recruitment is key – go where your ideal candidates hang out, both online and offline.
- Crafting the Perfect Bait (Your Job Posting): Let's be honest, most job postings are…boring. They're generic. They blend in. Yours needs to stand out. Speak directly to the candidate. Highlight the company culture, the opportunities for growth, the vibe. Don't just list duties, paint a picture of what it's like to work there. Use keywords like "career progression," "work-life balance," and "employee benefits" – people are searching for those! Optimize for recruitment marketing using specific keywords and phrases.
- The Interview Process: Beyond the Resume: Ditch the stuffy interviews. Get real. Ask questions that reveal personality, problem-solving skills, and cultural fit. Use behavioral questions. And, please, let the candidate ask questions too! It's a two-way street. Give them a glimpse into your company and don't be afraid to show some personality.
Keeping the Stars Aligned: Strategies for Employee Retention
Okay, so you've snagged the talent. Congratulations! But the work isn't over; in fact, it's really just beginning. Employee retention is the holy grail, the key to avoiding constant churn and burnout. It's about cultivating a workplace where people want to stay.
Here’s the deal:
- Competitive Compensation & Benefits: Let's face it; money matters. Research industry standards and offer a competitive salary. But don’t stop there. Benefits, perks, and bonuses are key. Think about employee benefits strategies. Think health insurance, retirement plans, professional development opportunities, and, increasingly, mental health support. Flexible work arrangements are a huge draw now too.
- Culture is King (or Queen!): A positive and supportive company culture is everything. It's the glue that holds everything together. Foster open communication, recognize and reward achievements, and create a sense of community. This goes beyond the free coffee and ping-pong table; it's about genuinely caring about your employees.
- Growth Opportunities: The Career Path. People want to grow. They want to learn. Offer training programs, mentorship opportunities, and chances for advancement. Even lateral moves within the company can be motivating. Career development for employees is incredibly important.
- Feedback, Feedback, Feedback! Regular feedback, both positive and constructive, is essential. Conduct performance reviews, but don't make them a once-a-year chore. Have ongoing conversations. Actively listen to employees’ concerns and address them. And when things aren't going well, don't bury your head in the sand, have some tough conversations.
- Showing Humanity: One-time anecdote: I remember working at a company, and there was this incredibly talented developer. He was a coding wizard, but he was notoriously stressed. His performance was slipping, and people were starting to grumble. Instead of just firing him, the company sat down with him, really listened, and found out he was dealing with a seriously ill family member. They offered him flexible hours, and some support, and a few weeks later he was back to his awesome self. They saved themselves a lot of time and resources, which speaks to the importance of understanding employee needs.
The Great Resignation…and Beyond
Look, the "Great Resignation" has taught us some hard lessons. The employment landscape has shifted, and workers have a lot more power. Companies that don't adapt will suffer. The focus needs to shift, from simply hiring to building a long-term strategy that focuses on workforce management, valuing individuals, and adapting to the modern workspace.
Long-term workforce strategy: this involves recognizing that employees are not fixed assets and that companies need to retain their employees by offering competitive salaries and providing a robust work environment.
So, Where Do We Go From Here?
It’s about people. Hiring the best, engaging them, and allowing personal and professional growth. It is not necessarily easy but rewarding on many levels!
Honestly, figuring out talent acquisition and retention in industry is an ongoing journey. There isn't a magic bullet, no one-size-fits-all solution. It's about constantly learning, adapting, and staying human.
What are your biggest challenges in attracting and retaining talent right now? What strategies have worked for you? I'd love to hear your thoughts – feel free to share in the comments! Let's learn from each other. And remember, keep it real, keep it human, and keep searching for those rockstars!
Unlock Your Empire: The Ultimate Entrepreneurial Networking Event!Talent Acquisition Explained 2025 by AIHR - Academy to Innovate HR
Title: Talent Acquisition Explained 2025
Channel: AIHR - Academy to Innovate HR
Okay, buckle up, buttercup. We're diving headfirst into the Talent Acquisition Crisis (cue dramatic music!) And, you know what? It's a total mess. But hey, at least we're in it together, right? Here's my ridiculously honest take on the whole thing.
What *IS* this whole "Talent Acquisition Crisis" thing, anyway? My inbox is already overflowing!
Ugh, don't I know it?! It’s basically a fancy way of saying "Nobody wants to work for us… or anyone else, apparently." Imagine a world glutted with job openings and fewer and fewer qualified human beings willing to fill them. And the ones who *are* qualified? They're holding out. Demanding. And frankly, they *should* be! This isn’t just a temporary blip; it's like a permanent party where all the good guests have already RSVP'd 'no'. They all already have better offers, and that's the rub! It's a buyer's market for once, and boy, are the buyers demanding the best!
Okay, so it's bad. But why *NOW*? What changed? Did the robots finally rise up?
Okay, so first, the robots are still mostly cleaning toilets, but the situation is still bad. This is a perfect storm of factors, really. Covid, for one. People got a taste of working from home (bliss!), or maybe they got laid off, or realized their old job was a soul-sucking void. Then there's the Great Resignation - people just... quitting! Then came the "quiet quitting" trend, where people are just like, "Eh, I'll do my job and nothing more." And companies are trying to scramble to keep their heads above water, so they're poaching each other's best people. And all of us working on this, frankly, are just trying to survive the madness. Remember, every morning we wake up, we're just trying to find someone, anyone, to fill a position. It's a circus! But there are so many moving parts. It's a complex web, but yeah, let me be straight with you. It's hard!
What are some *specific* things companies are doing wrong? I feel like my company is just throwing money at the problem.
Hahaha! Throwing money, you say? Classic! Okay, here are a few highlights, mostly based on my own face-palm experiences.
- Ignoring employee well-being: "Work-life balance" is no longer a buzzword, it's a *demand*! If your company is still expecting 60-hour weeks and zero flexibility, good luck! I had a candidate recently who literally LAUGHED at a company that offered a "generous" 40 vacation days. It was a joke!
- Outdated processes: Seriously, do you still use a resume-scanning robot from the 90s? Does it take six months to make a hiring decision? People have options! They're not going to wait around.
- Poor Communication: Nobody wants to be ghosted. I’ve seen it happen plenty of times, but it’s still a bad look
- Offering low salaries or bad packages: You’ve got to compete if you want to attract top quality talent. If you're not offering better pay, better benefits, a better PTO, etc., forget getting the best candidates to stick around.
- Lack of Transparency: Look, people want to have to know what they're getting into. If your job description sounds vague, you can forget it!
You mentioned "retention secrets." Spill the beans! What actually WORKS to keep employees happy?
Oh, buddy, this is where the real magic happens! And it's not *that* complicated. I'm going to be real with you. You've got to remember that you're hiring a human being, not just a robot.
- Listen to your employees: Seriously, LISTEN! Surveys, feedback sessions, even just casual chats. Find out what they want and need.
- Offer Growth Opportunities: People want to advance! Training, mentorship, chances to learn new skills. Complacency is the kiss of death.
- Actually, *truly* Value their Work: Not just with salary and benefits, but with recognition. Say thank you! Tell them they're doing a good job! Make them feel like they're contributing something, not just some cog in the machine.
- Culture, Culture, Culture: People want to enjoy their work, so create a positive work environment. This includes everything from the way people work to the feeling they get from the work culture!
- Treat people like human beings: You know, the golden rule! Respect, empathy, understanding. Basic stuff, but so many companies still mess it up!
Okay, but HOW do you deal with a toxic boss or toxic coworkers? That's the real deal-breaker, right?
Oh, honey, this is the stuff of nightmares! And, unfortunately, it's a common reason for people to jump ship. I'm gonna get real here—I've been down this road myself. I once worked for a micromanager who thought breathing caused a liability. It was soul-crushing. It's easier said than done, but:
- Document EVERYTHING: Keep a record of the behavior, dates, times, etc.
- Talk to HR (if they're decent): I know, I know, this is where it can get tricky. But if your HR is worth their salt, they should be able to mediate or, at the very least, provide advice.
- Consider your options: Do you have to change jobs? Is it worth the stress? Is this job worth your time and mental health? Those are the real questions. Is the pay good enough? Consider all your options, because in this job market, you have them!
What about remote work? Is it still a thing? I miss my pajamas.
Oh, it's absolutely still a thing. But it's also become a battleground. Some companies are trying to force people back into the office, and guess what? They're losing talent. My anecdotal two cents? Flexibility is key. If you can offer hybrid or fully remote, DO IT. And if you can't? Be prepared to lose some serious players. And even if you can't do fully remote, give people some flexibility in their day! It makes all the difference! My sister got completely burned-out due to her rigid work schedule, but she found a job with a flexible schedule and she's thriving! And she can wear pajamas all day! 🤷♀️
Ugh, what if I'm *currently* experiencing the Talent Acquisition Crisis firsthand? I'm a burned-out recruiter drowning in applications. Help!
Okay, first of all, breathe. And then, for heaven's sake, STOP trying to do everything yourself!
- Automate what you can: Use applicant tracking systems, schedule tools, etc.
- Collaborate: Partner with other departments,
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Title: Importance of Top Talent Acquisition and Retention with The Recruiter Guy
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