Managing Your Talent In The Workplace

Businesses know that they must have the best talent to succeed in this competitive and increasingly complex global economy. Along with the understanding of the need to hire, develop, and retain talented people, organizations are aware that they must manage talent as a critical resource to achieve the best possible results. Recruiting and keeping the right employees, matters.

Hiring the best talent

Talent is an increasingly scarce resource, so it must be managed effectively. To avoid losing your top talent, you must know what you’re looking for. 

Here are a few guidelines:

Competent and Capable: These are still the first two factors to consider. Does the potential employee have the necessary skills, experiences, and education to complete the tasks you need to be performed? Will this person complete not only the easy tasks but will he or she also find ways to deliver on the functions that require more effort and creativity? Being capable means the employee has potential for growth and the ability and willingness to take on more job responsibility.

Skills and Ambitious: Skills are not the only thing, but it’s a strong foundation for success. While there are many variables you can be flexible on when hiring, the right skills are a must or you’re going to be spending an abundance of time proofing work, micromanaging, and dealing with heightened stress levels. Employees can only help your company if they want to help themselves have a better career. Ambition is what makes a company innovative, it’s what brings out creative ideas and what generates openness amongst employees.

Developing your employees

Training, mentoring, and coaching are things every employee values within their company. Developing your staff is a good long-term investment for your company and them personally. Taking an honest interest in someone builds loyalty. Loyal employees are more engaged. Engaged employees are more productive.

Development doesn’t have to involve money. It’s mostly a matter of good managers taking the time to sit down face to face with their employees and finding ways to understand them. You just need to know their skills, talent, experience, and tap into it.

Retaining your talent

For businesses to thrive in today’s economy, finding and retaining the best employees is important. It isn’t the technology or the product that makes a company great, it’s the people.

Hiring the right people in your company is by itself challenging, but the process doesn’t end once you’ve appointed someone. It is extremely critical to train and engages these employees so that you can help them attain peak performance.

Apart from this, you also need to have a strategy in place to retain your talent.

Having a good compensation and benefits package is vital. The compensation need not be just along with monetary terms. You can explore customizing the package based on the needs of the individual as well.

Two ways leaders ensure that they retain their best talent:

Train your managers: It is a well-known fact that people often leave their managers and not necessarily their organizations. Add to it, your managers define and maintain the culture of your organization and so it makes a lot of sense to train your managers well.

Give employees opportunities: Your best employees are those individuals you want to retain, seek frequent ways to learn and grow in their careers, knowledge, and skills.

Without the opportunity to get involved in more projects and participate in teamwork, employees feel they will stagnate. A career-oriented valued employee must experience growth opportunities within your organization.

Take a look at your business. Are you doing your best to retain your top talent?

We understand that attracting talented people, engaging them, and retaining them can be challenging.

Communicate Recruitment is a specialist recruitment agency, with the very best recruiters and we want to help you. We specialize in the sourcing of top candidates in the Finance, IT, Engineering, and Supply Chain/Freight industries, both for permanent and contracting placements throughout South Africa, and the African continent. Contact us today!

Or if you happen to be in the market for new Finance, IT, Engineering, Supply Chain, or Freight jobs, visit our vacancy pages and apply now.