Loyalty to organizations isn’t what it used to be with the millennial generation known to move from one job to another in search of stability and satisfaction, to name a few considerations. But in the age of digital disruption, it’s still possible to retain top talent for a long time. Here are some tips for decision-makers and human resource professionals can consider.
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| Image source: Pixabay.com |
Promote mobility and flexibility
Workers aren’t attracted to the idea of a strict 9-to-5 job anymore. People appreciate the option to work remotely, having flexible hours, and being subjected to fluid organizational policies. They’re likely to stick around for a longer time when they’re happier, more productive, and given these considerations that are fit for the times.
Let them grow and learn
Offer an environment that’s conducive to learning and advancing in their career. Provide continuing education classes, on-the-job training, and every opportunity that spells career development.
Recognize and reward
It’s not just financial rewards and bonuses that count, but also sincere recognition for a job well done. In performance evaluation sessions, specify what the commendation is for, and make the person feel appreciated for the hard work, creativity, and other skills that made the success possible. Make them feel that their contributions to the business are important.
Create a culture of inclusiveness and engagement
Work on your business culture and create a culture of inclusiveness. Have this documented and made known to senior management, and practiced on the ground every day. Constantly engage talent and increase their responsibility, versus preaching and just telling them what to do.
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| Image source: Pixabay.com |
Patrick Dwyer of Merrill Lynch believes that any barrier to the growth of any business venture can be eliminated with education. For similar reads, visit this page.
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