According to guide for attraction and retention in 2020, the following will be the essential talent recruitment and selection trends in the coming year.
The strategy is to think about a scheme of compensations that focuses on ameliorating the personal life of collaborators and which motivates them to be more involved and committed to the company. This scheme of compensations/benefits might include:
Wages can be fortified and made more attractive through a variety of bonuses, which usually depend on performance and business results.
Payment of extra efforts
Bonus for achieving goals
Objective based bonus
Rest days or home office days
Acknowledgments, awards, and prizes
Offering training programs and growth opportunities
Today, fair and equitable internal promotions represent a challenge for HR and are key to the retention of talent in the company: training is not only useful for improving retention, it also has an impact on commitment and productivity.
Design a good talent management strategy
Create succession and mentoring plans
Design customized training plans
Despite alternative trends and strategies an attractive wage remains the main factor for talent attraction and retention.
Find compensation strategies
Justify the investment in wages with KPI’s to the company’s leaders
Open and transparent working environment
Collaborative culture, internal communication, and even wage transparency are fundamental to employee satisfaction.
Listen to the employee’s demands, no matter how small or petty
Look for ways to integrate the entire workforce
Allow employees to attend family events
Align employee’s personal purposes with the company's mission
Build a digital ecosystem that takes advantage of the employer branding
Companies that effectively communicate their vision, mission and values through their online resources usually have a strong employer brand. Social networks are one of the first places which are reviewed by a candidate, and they are a perfect channel to transmit the image of the company.