If you were asked why it’s great to work for your business, what would be your answer?

" />If you were asked why it’s great to work for your business, what would be your answer?

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How to retain your top talent

If you were asked why it’s great to work for your business, what would be your answer?

Do you have the competitive retention strategies in place to attract the best talent for your business and, more importantly, retain your existing talent?

As businesses in Lancashire respond to the current economic challenges, the key to recovery and growth will be the retention and attraction of top talent.

You can achieve a high-performing workplace by embracing talent management and improving diversity, ensuring that you have great internal communication methods that enhance employee engagement, develop leadership, identify and embed your values and focus on showcasing your culture externally.

Talent management will not only play a key role for those businesses currently going through restructuring and redundancy processes, to focus on retention, but also businesses that are striving ahead to ensure that they are competitively placed in a position to deliver.

Your talent management strategy needs to align with your business goals and strategic objectives.

Considering what your business offers to your current employees, does this encourage them to stay beyond the Covid pandemic? Are you offering:

  • competitive employee reward and benefits packages?
  • wellbeing initiatives that support all?
  • a choice of home, onsite, or a hybrid workplace environment?
  • autonomy and trust to deliver on their role?
  • a great culture, with clarity on your purpose, supported by your values and strategic goals?
  • leaders that have shown compassion, empathy, and clear communication throughout the pandemic?

Once you understand what you can offer; engage, implement change where needed and develop a talent management strategy to lead your business to success!

  • To read this feature in full and access further Lancashire business news, advice and analysis subscribe to Lancashire Business View magazine or join the LBV Hub from just £2.50 per month. Click here to subscribe now.

Enjoyed this? Read more from Emma Plachciak, Puzzle HR

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