Education

What can organizations do to retain Senior Talents?


What changes should be implemented by organizations to retain Senior Executives?

According to the DDI report from 2021, organizations that provide high-quality development experiences are:

  • 1.5x more likely to have high leader engagement and retention
  • 2x more likely to be voted as best places to work

What’s more, DDI shows that these skills of leaders mitigate employee burnout:

  • empathy (17%)
  • coaching and delegation (16%)
  • influence (15%)

More data from 2022 (delivered by Monster) tells us that:
1) Top changes that companies are implementing to stay competitive over the next three years are:

  • changing roles to be more flexible (37%)
  • increasing benefits and perks (35%)
  • offering skills trainings & increase in salaries (32%)

2) Increasing salary and wages is a top initiative for these industries:

  • leisure / hospitality (39%)
  • technology (39%)
  • healthcare (41%)

If you want to know more, read our presentation:

Here you can read our previous articles from the series:



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