Recruiting, Developing, and Retaining Talent © Flourish Talent Management Solutions.
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Transcript of Recruiting, Developing, and Retaining Talent © Flourish Talent Management Solutions.
Recruiting, Developing, and Retaining Talent
© Flourish Talent Management Solutions
What are the Issues
You are Facing?
© Flourish Talent Management Solutions2
Turnover in the nonprofit sector will increase from
16% to 19% this year
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Source: Nonprofit HR 2015 Employment Practices Survey Results
Most Common Reasons
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Rewards/Recognition
Career Development/Growth
Job Fit
Manager Issues
Culture Issues/Fit
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A holistic, purposeful approach that optimizes organizational talent to
ensure impact, by shaping culture and refining all people processes
Talent Management Strategy
© Flourish Talent Management Solutions
6 © Flourish Talent Management Solutions
What is Your Value
Proposition?
CULTURE
Attracting
EngagingDeveloping
Rewarding
Motivating
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Attracting Employer Brand
Engaging
Social gatherings Exposure to leadership (informal and formal) Flexibility Policies
Motivating
Performance management and feedback Clear paths of progression Celebration of victories
Developing
Shadowing Coaching and training Stretch assignments
Rewarding
Benefits Positive reinforcement Acknowledgment of outside-of-work
priorities
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Communicate often – and through multiple media
Manage performance actively:
give feedback, reward,
and develop
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Show Your Dedication to Talent Management
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Actively monitor
engagement
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“[My boss] listens to me…I feel understood…. Because of [the trust we have built], we are more creative, take bigger risks, push the boundaries, and accomplish amazing
things…. Nothing could entice me away from this job.”
While I would definitely appreciate a raise, I would not
leave just to get one. The reason is that I feel rewarded in many other, less tangible ways. I’m
rewarded by the actual work I do and by the appreciation the
boss always shows…
“The pay was good. The
location was great. But I
knew I could do much
more. They wanted me to
keep doing what I was doing. So I
left.”
“The creativity and flexibility of our boss allowed us both to balance family and work. We are tremendously grateful and
loyal employees.”
Actual quotes from employees as noted in the book Love 'em or Lose 'em: Getting Good People to Stay (Beverly Kaye)
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What Actions Do You Need to Take?
© Flourish Talent Management Solutions
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Pratichi ShahFlourish Talent Management Solutions
© Flourish Talent Management Solutions