If you’ve walked around a mall or a downtown area recently, you may have seen a few signs up in store windows detailing shortened hours because of staff shortages. If you’ve been in a restaurant, you may have noticed staff rushing around as waiters and waitresses are covering more tables. If you’ve traveled, you may have even had a flight cancelled due to talent shortages. The war for talent is being felt by businesses and consumers. In today’s tight labor market, employers are searching for new ways to attract and/or retain talent. Companies are increasing wages, offering sign-on bonuses, and providing perks. In the late 1990s the phrase “war for talent” was coined as competition was becoming increasingly global, the workforce was aging, and people were job hopping more often. The advice to business leaders was to recognize the critical, strategic importance of human capital and invest accordingly. In today’s workforce climate this idea has become increasingly more important for the sustainability and future success of organizations. This session stresses the importance of creating and continually refining a compelling employee value proposition, building a long-term and varied recruiting strategy, creating a culture that people want to be part of and continuously developing talent, whether hiring, retaining, or motivating your teams.
• Utilize your employer value proposition
• What is your mission? Why?
• Analyze the statistics that set you apart
• Cultivate the talent you already have
• Build a culture of success