What Do Companies Overlook With Their Talent Acquisition Strategy?
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Description
In this episode, we examine the common assumptions that many businesses make when they are looking to attract talent. Many of these assumptions come from favoriting a more traditional approach to talent attraction and retention, increasing the risk of being left behind. Our prescription for this episode: Consider the more unconventional candidates, and beware of the value of transferable skills. Stats referenced: Globally, just 35 percent of those who quit in the past two years took a new job in the same industry. In finance and insurance, for instance, 65 percent of workers changed industries or did not return to the workforce.Reasons why people are leaving: 41% Lack of career development and advancement; 36% Inadequate total compensation; 34% uncaring and unispiring leaders; 31% lack of meaningful work; 29% unsastainable work expectations.- McKinsey (2022) The Great Attrition is making hiring harder. Are you searching the right talent pools? About Our Hosts! James is an experienced business coach with a specialization in HR management and talent attraction and retention.  Coby is a skilled educator and has an extensive background in building workforce and organizational capacity.  For a little more on our ideas and concepts, check out our Knowledge Suite or our YouTube Channel, Solutions Explained by Roman 3.
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