Can anyone suggest what are key strategies followed by talent managers for retaining their employees?

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Can anyone suggest what are key strategies followed by talent managers for retaining their employees?
Sep 4, 2019 in Career Counselling by Nitesh
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2 answers to this question.

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Hey Nitesh, some of the key strategies which are really effective for talent management are:

  • Arrange training and development program for upgrading employee skills.

  • Understand the organization’s future business strategy.

  • Identify the talent gaps and design the talent plan to close that gap.

  • Take accurate hiring and promotion decisions.

  • Develop talent to enhance performance by build proper communication system.

  • Measure the business impact on workforce effectiveness before and after implementation.

  • Design the reward and recognition policy.

answered Sep 4, 2019 by Anvi
• 14,050 points

To add to it, 

  • Engagement and motivation

  • Delivering leadership skills

  • The crucial need for creativity

  • Organizational transformation if needed.

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A few ideas or strategies used are -

  • Hold workshops on different areas and technologies.
  • Office competitions or games.
  • Company rewards and benefits.
  • Promotion.
  • Company employee awards.
answered Sep 10, 2019 by rajeev

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