Let’s get real – the business world today is cutthroat. Competing for top talent and developing the next generation of leaders has become mission critical. As an executive, you know the costs of turnover and losing your superstars are through the roof. So, what’s the secret sauce for talent management success? Read on for the inside scoop.
Everyone knows politicians lie, but did you know hiring managers lie as well?
Transparency is critical in a tight labor market, but many hiring managers say they often bend the truth. A new survey of 1,000 managers and business leaders by ResumeBuilder.com found that 36% of hiring managers say they lie to candidates during the hiring process.
Of that group, 75% said they lie during the interview, 52% reported they lie in the job description and 24% said they lie in the offer letter.
How is it that there are 11.3M job openings, yet QUALIFIED candidates can’t score an interview?
I have my theories on this.
Over the next year, employers are going to continue to complain about how they can’t keep people, while employees will continue to seek better-paying opportunities. These same employers will be paying considerably more money than initially budgeted to fill vacancies.
But what if you didn’t have to go through the pain and expense required to replace the talent that’s fleeing your company?
Are you willing to buck the trend and change your approach to compensation?
It’s easy to get caught up in the trap of thinking, “Well, at least I’m not alone. Everyone is having this problem,” when instead, you should be thinking, “I have a great team. What do I need to do today to retain these people?”
Here are three ideas on how you can significantly improve employee retention in your organization.
Frequently Quoted In
Finding the right talent is hard. Finding the right talent that will prosper and stay is even harder when you do it alone.
Subscribe to Roberta's Talent Maximizer® and receive weekly insights to help you hire and retain top performers. PLUS receive The Evergreen Talent® Workbook for free - a guide to help you hire and cultivate a sustainable workforce.