Taking on the Talent Challenge

Due to unemployment being near an all-time low, many companies are facing
talent shortages and have to make a decision: Should we hire unskilled workers and train them, or should we battle for the small pool of skilled workers? Here are some options.

Attract Talent Through Access to Leadership.Talented workers want to join companies that have easily accessible leaders, because they want to learn from these leaders. This generation of skilled workers want the ability to display their skills to someone who can help them advance within the company.

Tap into the Gig Economy. The term “gig” is slang for “a job for a specified time” and was typically used in referring to musicians. Today, the “gig” draw is flexible schedules and work life balance. Besides tapping into a larger pool of talent, you can hire a part-timer when you’re not sure about needing a full-timer. It also lets you try out the employee before committing your organization to a long-term, full-time job.

Increase Training. A learning environment draws in talent and helps reskill current employees. In fact, when employees were asked which attribute increased their loyalty the most, a culture of learning outweighed work-life balance, benefits, and free meals!

Reskill workers in Soft Skills, like communication and team building. This fills the talent gaps because the people skills make them more productive. This technique also solves two extra issues. It increases loyalty in current employees and decreases turnover. Additionally, it solves the talent shortages by allowing the company to bring in promising workers and arming them with necessary job skills.

Written By

drmimi

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