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Finding and KeepingTalented Employees Margaret Singleton DC Chamber of Commerce Foundation.

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Presentation on theme: "Finding and KeepingTalented Employees Margaret Singleton DC Chamber of Commerce Foundation."— Presentation transcript:

1 Finding and KeepingTalented Employees Margaret Singleton DC Chamber of Commerce Foundation

2 Good News for Some  Targeted war for talent in specific occupational, industry and geographic sectors  Good news for the in-demand workers but – not for the businesses that need to hire them DC Chamber of Commerce Foundation 2

3 Job Seeker Nation  Workers do not believe in job security  53% surveyed – are open to a new job  Actively networking for next opportunity  Job Acquisition  Social networks  Twitter  LinkedIn DC Chamber of Commerce Foundation 3

4 Proactive Employees  More educated  Earn higher salaries  Ages 18 - 44  Over 50% are college grads or post grads  Earn $75,000 or more annually DC Chamber of Commerce Foundation 4

5 Attraction and Retention Step One  Human Resources should select the best job candidate Step Two  Offer an attractive rewards program DC Chamber of Commerce Foundation 5

6 Attraction and Retention Step Three  Foster a positive work environment Step Four  Promote employee engagement DC Chamber of Commerce Foundation 6

7 Attraction and Retention Step Five  Recognize and reward top performers Step Six  Promote from within DC Chamber of Commerce Foundation 7

8 Identifying and Finding People  Winning the talent war  Build Relationships  Target need sectors of talent  Set the tone from the top – priority  Cost effective to retain good employees DC Chamber of Commerce Foundation 8

9 Competitive Advantage  You can do it faster.  You can do it better.  You can do more.  You can do what others can’t.  You can do it cheaper.  You are able to do it first! DC Chamber of Commerce Foundation 9

10 HR Resources DC Chamber of Commerce Foundation 10  Society for Human Resource Management  American Society for Training and Development  International Economic Development Council  American Society for Association Executives  Monster.com  Entrepreneur.com  Google.com  DC Department of Employment Services  U.S. Department of Labor

11 DC Chamber of Commerce Foundation 506 9 th Street, N.W. Washington, DC 20004 202-638-7336 www.dcchamber.org Thank You DC Chamber of Commerce Foundation 11


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