Retention Strategies: Keeping the Right Talent in a Company

Retention Strategies

As an owner of a company, you have to pass through many problems, and often have to spend so many time, to hire, interview, and identify great employees for your company. So retaining employees became the only priority that must be considered. Retention here involve a set of practices and luckily they are inexpensive to implement. All you need to have is just good retention strategies.

However, the key of all success in term of retention is related to what you are going to do in order to retain good employees. So the key to design retention strategies is learn what your employees are looking for. The best employees who are currently working in a company usually want several things:

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Implementing an Employee Development and Training Program: Goal and Responsibility

Training-and-Development

A person must aware of a value of learning, which becomes an act that happens all the time. Within a realm of organization or company, an employee must do a lot of everyday activity in order to learn something from it. Furthermore, s/he can learn much from the whole phenomena that is going on around the sphere of workspace. Employee development and training program is the responsibility of the company. However, it is at the same time a shared responsibility of the employee and the management. From the management point of view: training program provide the right environment and resources that in essence will be used to support the development and growth of the employee.

In order to make employee development and training program successful, a management should do the following things:

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Training and Development Main Activities for Organization in General

Training And Development

Training and development is a function to improve job performance in organizational settings. Depend on the type of the organization; training and development could be implemented in various activities. However, training and development main activities are generally the same for every organization. The main activities are described in the following.

The first activity is training. This activity is usually executed as soon as the employee is hired because it focuses on the current job. It trains the employee to the job right, which aligned with company culture and objectives. After initial training, employee could get more training in order to give them more jobs and responsibilities in their current position. Training could be given to the part-timer, contract worker, and full timer. Since training is focuses on current job, it will be evaluated against the job.

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Talent Development Strategies to Engage Employees in Long-Term

Talent development

Talent development strategies are the way to engage employees in the long-term and keep their commitment to the company. Maintaining employee’s engagement and commitment to the company is part of HR jobs. Retaining key employees is very important in order to maintain stability of the company because finding capable, talented, and trusted employees is not an easy job. Although it maybe easy to find new hires, it would be hard to get the quality. In addition, it would be a waste if you lose high quality employees that you found them with much effort. It would be worst if you lose them to your competitor. Therefore, it is very important to add talent development to your talent management.

Talent development is the part of talent management that will help you to maximize person-job fit, give them the opportunity to do more, possibility to have career improvement. It will increase job satisfaction because when employee fit the job, they will satisfy and more engage to the company. When employee gets more things to do and get more in rewards, they will feel more valuable, engage more to the company, and give long-term commitment.

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5 Focus Areas in Employee Development

Employee Development

When we talk about current employees of an organization, we can’t cut out the talk on how a company develop the quality of its employees. The latter is the most important aspects of management. For any companies, employees help shaping the future of organization, and thus they must realize the importance of employee development. Consider employees as part of investment. Without making a great deal in investing employees, a company won’t move closer even an inch in meeting the bright future. Of course there are several areas to focus in terms of development of employees.

Since the main goal is to develop employees’ skills, raise confidence and increase their knowledge, as well as uncover hidden talents, there are at least 5 areas that needs to be focused, particularly if we are talking about employee development:

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Training and Development in Human Resource

talent development

Human Resource Management is always interesting to discuss. Every good company is always having good Human Resource. When the company care about their employee then it will make the company get good feedback. Of course, when people work hard they have to get a good appreciation as the reward. We know that working without any good feedback will make employee feel unappreciated. That will become fatal problem because it can be the bad thing that can bring the company to the lower level. Company has a system and the system run by the employee. Those three aspects cannot be divided.

To make the company profit and growth grow well then human resource management should be the best aspect. In this world, there is no company that can have good image and good reputation when they have no good employee. Employees are the biggest asset. You can compare when the company so tricky to the employee then it will make the company stuck to the same point. Be a good company with a good system and stay loyal to the employee. The feedback that the company gets will be so amazing.

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The Good Way to Develop the Company Talent Skill

Dart board blue talent development

For every company, talent is a big asset. Can you imagine a company that has no good talent inside? Of course, it will become a very big trouble. No one can make the system run well because nobody there. When a company has many multi-talented employee then it will support the company to reach the goal. Of course, from the beginning it will become the big task to hire the best employee then make them feel comfort while working on the company. When the employee has the comfort situation then it will make them 100% focus on their job to reach the target that they have.

Here are some good tips to make your talent skill develop into the maximum capacity. The company has the Human Resource Management and it has the responsibility to prepare about any training or development program for every employee that works there. The company should be ready to spend some money and budget to the detail agenda. You can compare between the company that has some development program for the employee and the other that never give a chance for it. The quality will be so different. Sometimes companies forget about increasing people quality should be the urgent one. When the employee has a chance to study more then it will give the advantage to the company.

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