Research & Thought Leadership

Talent retention: 4 key strategies to retain the best talent

Sofi Jaku

Share Article:

Talent retention has always been a significant challenge for organizations around the world. It is as true today as it has ever been.

Organizations believe they should incorporate more imaginative ways to reward staff. A tired, ineffective and unengaged workforce is the last thing you want. As well as key staff leaving when you have limited time and budget for recruitment. But how does this impact on HR strategies?

Our recent research about shaping talent in an uncertain world has shown some key areas businesses around the globe should focus on to ensure and maximize talent retention.

Here are 4 key strategies HR managers should incorporate:

1 – Engagement and motivation

Business leaders believe it is more important than ever to ensure employees are engaged and motivated towards achieving their company’s goals.

It is listed as the most important factor in helping organizations deliver against its people challenges. Yet many organizations are not confident in their ability to deliver on engagement and motivation. Make sure you utilize your resources to engage your employees and continue improving motivation to avoid poor morale and failing performances.

2- Delivering leadership skills

Good leaders tend to be good motivators – Find keys strategies for leadership development -. And reinforcing leadership talent can have an important effect on employee morale.

At the same time, many organizations are growing internationally which is likely to complicate the task of leadership. If good leaders cannot communicate effectively across languages and cultures, they will then be unable to deliver leadership skills which are a key aspect against people challenges.

Organizations should consider awarding employees by providing a language training program – here are 10 tips to find the right provider – to help develop their leadership skills throughout the company.

3 – The crucial need for creativity

Creativity is crucial, as reduced consumer spending and competition are forcing organizations to become more innovative.

In a world where the ability to generate new ideas can spell the difference between business success and failure; it is more important than ever to foster creativity and help workers recover the spark of inspiration.

4 – Organizational transformation

In a time where organizations could face rapid changes in direction, such as a transition from national to international; it is crucial that employees are prepared and flexible enough to follow these changes.

For the workforce, this could mean language skills and cultural knowledge suddenly being of vital importance. Organizations with international ambitious increasingly expect employees to be fluent in key foreign languages, such as English.

To find out more about how you can overcome the Talent Crunch, download our report here

Sofi Jaku

Digital Marketing Manager, Hult EF

Argentinian born and raised, with a passion for languages and travel. After living in America and the UK, I developed a strong interest in how people acquire new skills, particularly those which allow them to connect with their peers around the world. As a Digital Marketing Manager at Hult EF, I share tips and insights into developing a workforce fit for the future. You can find me on LinkedIn here: https://www.linkedin.com/in/sofia-jakubowicz-776538137/

Read more
Close

Sofi Jaku

Argentinian born and raised, with a passion for languages and travel. After living in America and the UK, I developed a strong interest in how people acquire new skills, particularly those which allow them to connect with their peers around the world. As a Digital Marketing Manager at Hult EF, I share tips and insights into developing a workforce fit for the future. You can find me on LinkedIn here: https://www.linkedin.com/in/sofia-jakubowicz-776538137/

Sign up to stay informed

Join other industry leaders and stay up to date with the latest language and leadership innovation and insights every month

*

Explore more language insights

Research & Thought Leadership

Diversity Matters: Why diverse talent is the future of your workforce

Read more

Research & Thought Leadership

How artificial intelligence is revolutionizing the world of L&D

Read more

Research & Thought Leadership

Developing an Executive Education fit for the 21st Century

Read more

We are here to help.

We would love to hear from you, and our team of experts are ready to help.

Contact us

Fill out our form to be contacted.

Close

Fill out our form to be contacted

Contact us

Personal details

+1

Company details

What is your query about?

Executive Education
Language & Communication
Assessment Solutions
Organizational Development
Executive Coaching
Business Foundations
Open Programs
I'm not sure yet

Your message

*

Call us

08082583220