- Our Team
August 25, 2022
The reasons for talent shortages can get complex. Oftentimes, they stem from one or more of the following:
Whatever the reasons, you need to tackle them — as failure to do so can lead to operational disruptions and poor business performance. Below are some tips.
Fill urgent roles as quickly as possible
Although the roles need to be filled promptly, be careful of making bad hires.
For example, you can:
Examine your employment practices, and make the necessary changes
This is a widescale initiative that involves analyzing all areas of your organization’s practices when it comes to employees.
For example, you can assess the following:
Provide more flexibility
Studies show that employees value flexibility now more than ever. Flexible work arrangements may also help you retain employees who are thinking of leaving for personal reasons. For example, if the position can be performed from home or on a part-time basis, the employee may consider staying.
According to Ernst & Young, “Flexibility is now a key factor in talent strategies and needs to be used as a tool for enhancing the work employees do.”
So, going forward, try to incorporate more flexibility into your talent attraction and retention strategies.
Step up your competitiveness
When competing for talent, you need to put your best foot forward.
It’s also important to keep the employees you already have. This means pulling out all the stops to reduce turnover and increase employee satisfaction.
September 20, 2022
3 Ways to Increase Customer Loyalty How do you maintain customer loyalty? For businesses, the question involves when, how and how often to interact with customers. According to the Harvard Business Review, the Customer Contact Council, a division of the Corporate Executive Board, conducted a study of more than 75,000 people who had interacted over […]
September 20, 2022
The federal government’s Employee Retention Credit proved to be a lifeline for many businesses and their employees. The eligibility rules were complex and changed over time, as noted in an extensive IRS chart. Not all owners may have been able to figure out whether they were eligible; however, the IRS is giving them a break: Even […]