Every company wants to know how they can create and sustain a profitable culture that attracts and retains top talent.
|Scooped by Barry Deutsch|
Another blog post reconfirming the studies that show dismal employee satisfaction levels. In my own research I've noted that most of these studies over the last few years peg employee satisfaction, engagement, happiness at sub-25% levels.
This either means an explosion of turnover as the job market heats up - or extremely poor execution, impact, and productivity from your existing workforce.
Here's the comment by the author:
"some studies exposed disturbingly low employee engagement rates. Best companies are figuring how to engage top performers by helping them map their career paths and develop desired knowledge and skills. They do this through professional development classes, executive coaching and training for managers who need to understand how they can spot potential talent and support employee growth."
There were a couple of huge points in this paragraph. First, are you helping your top performers to achieve their work dreams and visions. Are you sitting down with them, discussing their ambitions, desires, expectations, and needs? Are you laying out a career development plan or an annual learning plan?
If you're not having this conversation and being proactive in career mentoring your best performers, I'll suggest that friends, former business associates, and recruiters are having this conversation constantly with your best talent. Wouldn't you rather be driving that bus?
Secondly, the vast majority of your executives and manages stink at understanding what the needs are of top performers. They've never been trained how to spot, develop, encourage, challenge, and stimulate the best people on their team. A few intuitively get it and the rest suffer by having great talent "fire" their boss (leave to seek greener pastures). Shouldn't you be training all your executives and managers how to be great at career mentoring and coaching top talent? Why leave it to just a few of your managers - why shouldn't every single one of them possess this skill?
What's your action plan to raise employee engagement, satisfaction, and happiness through improved career mentoring?
Not only is this concept critical to retaining your best employees in the next few years, it's a fundamental element of recruiting great talent.
Master of Hiring Accuracy
Doctor of Hiring Failure and Pain
Prognosticator of Radical Hiring Improvement