How to Not Lose Your Employees?

The current dynamic market conditions have affected employee retention too. It has become difficult for managers to withhold employees, especially top talent. These individuals are constantly striving for career progression. For that reason, managers must take action and pay attention to employees’ career development. After all, a high overturn rate can prove to be very costly for a company. So, what can be done to not lose your employees?

Job titles can often be constraining when someone is looking to develop their career. Therefore, when focusing too much on these titles, you might fail to see an individual’s full potential. Managers of different departments can create career experiment options across the company. Employees can be encouraged to try out new opportunities like job swapping for a month, temporarily engaging someone on a specific project, etc. They will have the opportunity to showcase all their skills and talents resulting in career progression within the company.

Job titles can often be constraining when someone is looking to develop their career. Therefore, when focusing too much on these titles, you might fail to see an individual’s full potential. Managers of different departments can create career experiment options across the company. Employees can be encouraged to try out new opportunities like job swapping for a month, temporarily engaging someone on a specific project, etc. They will have the opportunity to showcase all their skills and talents resulting in career progression within the company.

From “how do I keep this person on my team?” to “how do I keep this person in my organization?”. A manager’s role in supporting someone’s career must encourage them to explore opportunities beyond their existing team. Individuals need a space to demonstrate and develop their talents. By giving them permission to explore all the possibilities within the organization, there is a higher chance to not losing these valuable assets.