Recruiting, Developing, and Retaining Talent © Flourish Talent Management Solutions.

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Presentation transcript:

Recruiting, Developing, and Retaining Talent © Flourish Talent Management Solutions

2

Turnover in the nonprofit sector will increase from 16% to 19% this year 3 © Flourish Talent Management Solutions Source: Nonprofit HR 2015 Employment Practices Survey  Results

Most Common Reasons 4 © Flourish Talent Management Solutions Rewards/Recognition Career Development/Growth Job Fit Manager Issues Culture Issues/Fit

5 A holistic, purposeful approach that optimizes organizational talent to ensure impact, by shaping culture and refining all people processes Talent Management Strategy © Flourish Talent Management Solutions

6 What is Your Value Proposition?

CULTUREAttracting Engaging Developing Rewarding Motivating 7 © Flourish Talent Management Solutions

8 Attracting Employer Brand Engaging Social gatherings Exposure to leadership (informal and formal) Flexibility Policies Motivating Performance management and feedback Clear paths of progression Celebration of victories Developing Shadowing Coaching and training Stretch assignments Rewarding Benefits Positive reinforcement Acknowledgment of outside-of-work priorities

9 © Flourish Talent Management Solutions Communicate often – and through multiple media

Manage performance actively: give feedback, reward, and develop 10 © Flourish Talent Management Solutions

11 © Flourish Talent Management Solutions Show Your Dedication to Talent Management

12 © Flourish Talent Management Solutions Actively monitor engagement

13 © Flourish Talent Management Solutions “[My boss] listens to me…I feel understood…. Because of [the trust we have built], we are more creative, take bigger risks, push the boundaries, and accomplish amazing things…. Nothing could entice me away from this job.” While I would definitely appreciate a raise, I would not leave just to get one. The reason is that I feel rewarded in many other, less tangible ways. I’m rewarded by the actual work I do and by the appreciation the boss always shows… “The pay was good. The location was great. But I knew I could do much more. They wanted me to keep doing what I was doing. So I left.” “The creativity and flexibility of our boss allowed us both to balance family and work. We are tremendously grateful and loyal employees.” Actual quotes from employees as noted in the book Love 'em or Lose 'em: Getting Good People to Stay (Beverly Kaye)

14 © Flourish Talent Management Solutions

15 Pratichi Shah Flourish Talent Management Solutions © Flourish Talent Management Solutions