Here in the midst of a booming global economy, the battle to attract and retain talent is reaching fever pitch.

83% of employees want to leave their jobs, according to a 2018 talent intelligence survey completed by Harris Interactive and eightfold.ai. 53% of those employees are looking for a job with a new employer while 30% are looking for a new role in their current companies.

This same study found that 47% of CEO’s and CHRO’s believe their companies face greater competition for talent today. 40% say there is a lack of available skilled talent and 39% say they have difficulty retaining talent.

What can companies do to retain talented, engaged team members? The study reveals five factors that would cause 30% of employees to stay with their current companies:

1. A higher salary,
2. A better company culture,
3. Better relationships with colleagues,
4. More enjoyable work, and
5. More appreciation from their employer.

To retain and attract talented, engaged team members, it’s clear that senior leaders must improve the quality of their work cultures.

In today’s three-minute episode of my Culture Leadership Charge video series, I specify how a purposeful, positive, productive work culture attracts and retains the talented, engaged staff you’d love.

My Culture Leadership Charge series features short (two-to-three-minute) videos that describe proven culture leadership and servant leadership practices that boost engagement, service, and results across your work teams, departments, regions, and even your entire company.

Each episode’s “charge” is a challenge for everyone in your organization – not just leaders – to refine their behaviors and ensure everyone is treated respectfully at all times.

You’ll find my Culture Leadership Charge episodes and more on my YouTube channel. If you like what you see, please subscribe!

Don't miss a single episode of @scedmonds' #Culture #Leadership Charge video series - crisp & actionable! #WorkPlaceInspiration #PurposefulCulture http://drtc.me/ytube Click To Tweet

Photo © Adobe Stock – fizkes. All rights reserved.

How well does your organization attract and retain talented, engaged contributors? Share your insights on Twitter, Facebook, and LinkedIn.

S. Chris Edmonds

S. Chris Edmonds

Chris helps leaders create purposeful, positive, productive work cultures. He's a speaker, author, and executive consultant. He blogs, podcasts, and video casts. He is the author of The Culture Engine and six other books.
How do you like to learn? Read books | Listen to podcasts | Watch videos

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *