The tight job market isn’t going to improve any time soon. Employers need to prepare for two things: the changing needs of job candidates and a potential wave of turnover. Here’s how:
- Review your succession plan. Losing a leader is disruptive, but you can plan to ways to attract leaders who are aligned with your culture and can hit the ground running on strategic projects.
- Audit your employer branding. Be sure to incorporate the elements employees want – a sense of purpose, a sense of opportunity, and a sense of success.
- Make a plan to retain top talent. Do you have a counteroffer process? Are you willing to revise the work environment permanently? Do you have a good line of sight around each individual’s personal needs outside of work?
- Hire third-party support. Consider the benefits of hiring a professional search firm to help you attract the best people for your organization.
