Invest in Your People
What are you focused on with two months left in the calendar year?
Turning the page to November, many of us get into the holiday mind frame with Thanksgiving as the kickoff to a big holiday season of food, festivities, family, friends and other ways to engage and celebrate.
Others are focused on what they still wish to accomplish before the end of the year.
I’ve been speaking with many HR professionals lately who are focused on recruiting and retaining talent. And they are perplexed. Many are struggling with what the best approach is to not only attract talent from a very limited talent pool, but to ensure they retain their people. I still hear companies saying they just need to be able to pay more….but is that really the solution?
HR professionals and all leaders involved in attracting and retaining talent need to gain a better understanding of what their existing people want, and what the candidates want. I’ve said it before, and I stand by it, the money is not the only thing, and for some, it’s not even what will attract or keep them with their company.
Most people want to know that they are valued!
How do people feel valued? There are many different ways people managers and companies can show their employees they matter. One way is to invest in them! What does this look like?
What I’m seeing a huge demand for from companies this quarter (as we approach the end of the year) is a desire to invest in their leaders – through training and or executive coaching. That’s not to say I haven’t been supporting leaders at all levels throughout this year, but there is a significant increase in companies reaching out right now!
Oddly, on recent calls with HR leaders and speaking with industry experts who conduct studies, I’m hearing that there is not enough investment in leadership/professional development. And they are starting to recognize that when they do invest in developing their leaders, those leaders feel more valued and are more apt to stay and bring their best selves to work every day!
Another important process to commit to is conducting stay interviews. This is an opportunity to take a pulse check on your people, while also gaining valuable information on what makes each person commit to the organization, and what they might be looking for or need.
Are you or is your organization challenged with attracting and retaining talent? Looking to learn more about how you can check the pulse on your talent, or learn more about various ways to provide leadership and/or professional development? Have a budget you need to spend before the end of the calendar year? Let’s connect.
“If you fulfill the wishes of your employees, the employees will fulfill your visions.” – Amit Kalantri