Presentation about Human Resources and its issues

It's about HR

1. Managing the War of Talent M ABDULLAH (FA21-BBA-040) Photo by Pexels

2. Table of Contents 01 Introduction 02 Importance of Retaining Talent 03 Understanding the need of talent 04 Onboarding and Training 05 Employee Engagement 06 Retention Strategies 07 Employee Well-being 08 Conclusion

3. 3 Introduction What is the War of Talent? Definition: The intense competition among companies to attract and retain highly skilled employees.
Causes: Demographic shifts, increasing job opportunities, changing workforce expectations.
Impact: Talent shortage, increased recruitment costs, lower productivity.
Objective: Develop strategies to effectively manage the war of talent. Photo by Pexels

4. 4 Importance of Retaining Talent? Why is it important? Attracts top talent: A strong employer brand makes your organization an attractive place to work.
Retains employees: Employees are more likely to stay if they have a positive perception of the company.
Differentiates from competitors: A unique employer brand sets your company apart in the talent market.
Enhances recruitment efforts: Candidates are more likely to apply if they have a positive impression of the company. Photo by Pexels

5. 5 Understanding the Need of Talent! Finding the right talent Targeted job postings: Advertise job openings on platforms where your target talent pool is likely to be.
Employee referrals: Encourage employees to refer qualified candidates for open positions.
Networking events: Attend industry events and conferences to connect with potential candidates.
Internship programs: Recruit top talent early by offering internship opportunities.

6. 6 Onboarding and Training Setting new hires up for success Skill development programs: Offer training and development opportunities to help employees acquire new skills and advance in their careers.
Mentorship programs: Pair new hires with experienced employees who can provide guidance and support.
Continuous learning culture: Foster a culture of continuous learning and encourage employees to pursue professional development. Photo by Pexels

7. 7 Employee Engagement Keeping employees motivated Recognition and rewards: Implement a system to recognize and reward exceptional employee performance.
Work-life balance initiatives: Support employees in achieving a healthy work-life balance.
Employee feedback: Regularly seek feedback from employees and take action to address their needs and concerns.

8. 8 Retention Strategies Keeping top talent Competitive compensation and benefits: Offer attractive salary packages and benefits to retain high-performing employees.
Career development opportunities: Provide employees with opportunities for growth and advancement within the organization.
Workplace flexibility: Offer flexible work arrangements and remote work options to accommodate employee preferences.
Positive work environment: Foster a positive and supportive work culture that values employee well-being.

9. 9 Employee Well-being Taking care of your workforce Work-life balance: Promote work-life balance through flexible work arrangements and time-off policies.
Health and wellness programs: Offer programs and resources to support employee physical and mental well-being.
Stress management: Provide tools and resources to help employees manage stress and maintain a healthy work-life balance.
Workplace safety: Maintain a safe and secure work environment to protect employee well-being.

10. 10 Conclusion Key takeaways The war of talent is an ongoing challenge for organizations.
Building an employer brand and implementing effective recruitment strategies are crucial.
Onboarding, training, and employee engagement contribute to talent retention.
Diversity and inclusion, as well as employee well-being, are essential for a thriving workforce.