Talent acquisition is not a new concept, but acquiring the right talent and ensuring we keep them – now that’s a whole-new kettle of fish.
HR professionals work hard to ensure they identify, attract, and vet the right people while keeping those ‘right’ people engaged and moving forward within their company.
While business and employees have seen and will continue to see, positive results due to the emphasis on employee engagement, training, and retention, the processes aren’t all that easy for HR professionals to maintain and guarantee.
Our recent global survey, ‘The Future of Talent Management’, asked HR professionals what challenges they faced when it comes to talent acquisition, management, and retention – 5 prominent people challenges stood out.
The 5 prominent people challenges faced by HR professionals globally
Across four key industries, HR professionals seemed to be confronted with 5 prominent people challenges.
1. Attracting and hiring the right talent
While there are many outstanding candidates, not everyone is right for your company, and attracting those that are right was proven to be a challenge for many of the HR professionals in the research. While the process to find the right person can be arduous, it’s better to wait for the right person rather than bring someone in as a ‘band aid solution.’
2. Adapting to change
As the pace of change continues to increase, the ability to manage and adapt to change is vital. More often than not HR professionals have to reshuffle, re-arrange, re-coach, and re-skill staff to ensure they too can keep up during times of rapid change or disruption.
3. Retaining top talent
Retaining top talent is always going to be difficult, and was considered challenging by many who participated in our research. Those people who thrive and shine in your work environment will do the same in others. Luckily, there are helpful and effective strategies that can be implemented to keep these shining stars on your team!
4. Managers lack coaching skills
Managers that lack the ability to train and coach their teams correctly is an issue for today’s HR professionals. By giving managers the tools and processes to have coaching conversations with their teams provides an opportunity to enhance both individual skills and overall company performance.
5. Employee engagement
Maintaining employee engagement and developing young leaders is highly important to keep staff motivated. However, this is difficult because it’s hard to know what every employee needs to remain engaged, and was a challenge faced by many HR professionals in the research.
Why is this important for me?
While your industry may not fall within one of the four which participated in our research, consistency suggests that these challenges are common across diverse industries, and most likely affects yours as well.
Therefore, having an in-depth understanding of these common people challenges allows you to effectively plan for issues that you might not yet have experienced, but may soon!
Keeping your company ahead of the game when it comes to talent management will not only positively affect your current employees, but help to engage the right future talent, and keep your business booming.
What can I do now?
If you’re unsure about the next steps you should take to leverage this research in your organisation, and maximise your employee engagement, feel free to contact Choice Career Services on 1800 823 213.
At Choice Career Services we’ve supported hundreds of organisations globally to ensure their employees are highly valued in today’s global market.
Finally, if you’d like to receive the full 2017 Global Talent Report, click here.