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Finding and KeepingTalented Employees Margaret Singleton DC Chamber of Commerce Foundation
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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
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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
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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
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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
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Attraction and Retention Step Three Foster a positive work environment Step Four Promote employee engagement DC Chamber of Commerce Foundation 6
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Attraction and Retention Step Five Recognize and reward top performers Step Six Promote from within DC Chamber of Commerce Foundation 7
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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
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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
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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
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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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