Newsletter Article
Member Benefit
Published Fri Nov 12 2021
If you’re unconcerned that your employees may be considering leaving, you should be. According to recent studies, turnover is at record highs, and scores of more employees are thinking of joining their colleagues in the search for better opportunities. Leaders should be thinking of ways to retain their top employees, and several approaches seem to be successful. The first is to provide employees with clear growth opportunities. According to a recent study, 83 percent of employees think it’s the responsibility of their employer to provide paths for career progression, but only 44 percent of those respondents say their employer doesn’t offer talent acceleration programs. “When employees don’t have visibility about opportunities, they also miss information about what the desired skills are that will help progress their growth and development,” says Abakar Saidov, co-founder and CEO at Beamery. “It’s important to give talent clear indicators of mobility within their organization to entice them to stay and grow with the business.” It’s also critical to make your employees’ mental health a priority and ensure a meaningful work-life balance. “It’s important for leaders to reassure employees that a work-life balance remains a priority,” says Saidov. “This is done through embracing a hybrid approach where employees determine which option works best for them, whilst ensuring adequate in-person contact time to achieve progress-based goals and keep morale high.”
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