Are you one of the many companies struggling with talent management, especially when it comes to retaining top talent?
If your executive leaders seem ready to jump ship, you’re not alone. A recent study highlights that a whopping 70% of executives are considering quitting their jobs, which has led to increased challenges in talent management.
Many are leaving behind their six- to seven-figure salaries to get off the proverbial hamster wheel. In a world where a competitive salary is no longer enough, companies must provide better options than “work yourself into the ground or leave.”
Value goes beyond money, and effective talent management strategies that offer flexible schedules, remote work options, and a healthy work-life balance can help companies attract and retain top talent.
How can this be done?
Leaders must also approach conversations with humility and an open mind, treating employees the way they want to be treated. It’s time to embrace a new business landscape and consider what’s next to retain top talent through effective talent management.
Our CEO, Robert Newland writes about talent management in his latest article with Fast Company, “Where All The Good Leaders Are Going – And How to Bring Them Back.”