Jan 25, 2023 11:20:48 AM | 2 Min Read

Talent Retention

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Talent Retention

The job market is wide open right now.  Candidates can get a job just about anywhere.  So, what is causing all of these available jobs?  A lot of these openings are due to retention issues.

How do companies retain current workers?

Retention is challenging for many companies because losing current employees to the highly competitive talent market is easy.

The Why

First, HR leaders must figure out why employees leave the company.  They can do this through exit interviews.  Exit interviews are a valuable tool for providing insight into what you do well as an organization and what you need to improve on.  Listening to this feedback will give HR professionals the knowledge they need to develop a retention strategy.  

The When

Not only do HR leaders need to figure out the why behind employees leaving, but they also need to pay attention to when employees are leaving the organization.  For example, if the employee resigns in the first few months of being hired, this could indicate that the onboarding process could be flawed.  From there, HR managers could facilitate a more engaging and effective onboarding process.

However, it can be more challenging to address if the employee leaves at a later stage.  Employees leave in the later stages because they feel like they've reached their potential limit at your company.  In order to address that challenge, it requires HR professionals to rework internal mobility and career paths.  This will promote more options for internal growth.

Job.com is a digital recruitment innovator with a unique perspective: Delivering technology and capabilities that shake up the market by bringing together a data-driven approach based in AI and machine learning with high-level, human-capital-delivered solutions, designed to efficiently attract and retain the right talent and provide consumer-level user experiences throughout the hiring process.

Topics: Talent Acquisition

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