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Business strategy
How to Attract and Keep Top Talent in a Competitive Job Market
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[QUOTE="King bell, post: 342743, member: 75687"] To lure and retain the attention of top performers in a competitive labor market, there is need for strategic recruitment practices, employee engagement activities, and positive workplace culture. Competitive remuneration, positive employer image, recruitment focus with respect to Talent Acquisition, growth and career development opportunities as well as fostering positive work environment are some of the factors that can help in retaining and attracting talents. These measure entail offering competitive salaries and benefits packages, showcasing the employer brand, using forward planning recruitment strategies, providing career development opportunities and creating a supportive work climate for every staff. Implement performance-based recognition programs so as to acknowledge employees’ contributions and offer feedback on them. Encourage employee involvement through feedback and communication. Invest in leadership training for managers. Promote work-life balance and well-being by doing so through programs that promote such initiatives. Monitor employee satisfaction levels and retention rates to address potential problems before they arise. The foregoing policies have been put in place mainly to attract the best talent while at the same time encouraging staff’s commitment through an enabling workplace culture. [/QUOTE]
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