Attracting and Retaining Top Talent | Instant Homework Solutions

Attracting and Retaining Top Talent Intro: Attracting and retaining top Talent is not a new topic, but it remains one of the current issues in human resources management. There are a number of factors contributing to concerns about attracting and retaining Talent, including sustained record-low global unemployment, a widening skills gap and steadily declining average tenure. In 2018, the average tenure across all demographics was 4.2 years. However, this could be as low as one year on average for younger workers. 1. Give explanations and scenarios on putting money into supporting and training employees • Improving lifestyles • Better Work Performance • Great workplace ora 2. Get adjusted to informing you employees that they are doing great at their jobs.(Give pats on the back)  • Confidence Gain • Positive work environment • Sense of stability 3. Avoid stack ranking. Stack ranking is a practice in which managers are asked to rank employees on a curve according to their performance with those at the bottom placed on “performance improvement plans” or fired straightaway. • Fear of favorism • Undermining workers ability • Diminishes motivation 4. Try to let go on the “Working 9 to 5 “mentality. Companies with more flexible attitudes toward work hours are more successful in both attracting good talent and retaining it • Give employees something to look forward too • Bonuses • Buy Lunches Conclusion : Summarizes what was said in the paragraphs