Talent Management Strategies and Statistics

Successful organizations realize talent management and employee engagement is critical in sustaining their leadership and growth in the marketplace. Attracting and retaining top talented employees in today’s labor market should be the highest priority.

60% of surveyed talent leaders are concerned they could lose key employees to their competitors. Many surveyed companies appear convinced that high potential talent that is not properly developed can be easily poached by competitors.

Deloitte September 2009 Talent Management Study

Employees who have an above average attitude toward their work and their employer will generate 38 percent higher customer satisfaction scores, 22% higher productivity, and 27% higher profits.

The Gallup Organization

Findings revealed 64 percent of employees said they were extremely likely to begin or increase the intensity of their job search. An additional 19 percent said they were somewhat likely to increase their search.

The Society of Human Resource Management (SHRM) and the Wall Street Journal

Seventy-seven percent of companies said they do not have enough successors to their current senior-level managers already working in their organizations, according to a survey of 168 human resource managers at U.S. companies.

Right Management Consultants

A 2010 survey conducted by the Conference Board showed only 45 percent of Americans are satisfied with their work.  This is the lowest level ever recorded by the Conference Board in more than 22 years of research.

The Conference Board

“Good people see good bosses as the wind beneath their wings. . . Employees that lack the confidence in their bosses will leave the organization sooner than later.”

The Hay Group’s The Retention Dilemma

Employee Retention and Job Satisfaction

The cost of attracting, recruiting, hiring, training, and getting new people up to speed is tremendously more costly as well as more wasteful than most realize.  Productivity is directly tied to employee retention.

Despite economic changes, the issue of employee retention is here to stay. The labor shortage that plagued employers at the height of the economic boom has not vanished. It may be off the radar now, but it is returning strong as ever. Successful organizations realize employee retention is integral to sustaining their leadership and growth in the marketplace. Those that fail to make employee retention a priority are at risk of losing their top talented people to the competition.

We can help you design an effective employee retention strategy that provides a comprehensive road map for not only attracting and keeping talented employees, but for motivating and engaging them to achieve a higher level of performance—saving organizations countless thousands of dollars.

Our Approach to Talent Management Consulting

Chart Your Course International has developed an excellent reputation for our consultative approach in working with our clients. We believe maximizing human performance and organizational development should be a continuous and systematic improvement process rather than a series of quick fix and flavor-of-the-month type events. The latter merely breeds resistance and skepticism.

We design talent management strategies and processes to grow your organization and implement talent management solutions, creating clearer direction, increased profitability, stronger executive teams, improved communication and happier and more productive employees.

Greg Smith | Lead Navigator | 770-860-9464 | Chart Your Course International

Chartcourse.com | HighperformanceOrganization.com

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This entry was posted in Employee Engagement, Employee Retention, Employee Turnover, Good Places to Work, Human Resource Management, Job Satisfaction and tagged , , , , , , . Bookmark the permalink.

One Response to Talent Management Strategies and Statistics

  1. Bettie says:

    Great post with lots of improtnat stuff.

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