How To Successfully Promote From Within
Businesses used to have a relatively easy time finding talented employees to fill all their job vacancies. That changed in 2021 when 47.4 million workers voluntarily quit their jobs; while 75.3 million workers were hired, 68.9 million workers quit or were terminated. Every industry has been impacted, but it seems the talent shortage is most acute for sales, marketing, IT, manufacturing and logistics positions.
This “Great Resignation” left organizations worldwide scrambling to find qualified candidates to fill open positions. A year later, businesses are still struggling to find and retain top talent. While Covid-19 usually gets the blame, another significant factor is a skills gap that was a growing problem before the pandemic. Businesses posted jobs, but many went unfilled due to a lack of qualified candidates. In other words, the applicants were available and interested but did not have the required skills, knowledge and experience.
HR teams have been forced to revise their recruiting practices to compete effectively for fewer skilled professionals. The upside is that several best practices have emerged that can make organizations healthier and better places to work, enabling them to attract and retain talent more effectively.
These are some of the best practices innovative HR leaders and managers can implement to ensure they have the talent to meet profit and growth goals.
Go Beyond ‘One-Size-Fits-All’ Training
Organizations typically develop training strategies to meet industry requirements and comply with government mandates. While these programs meet regulatory requirements, many are “one-size-fits-all” and do not address employees’ specific training and development needs.
Organizations can start taking a proactive approach to employee training and development by testing skills and assessing behaviors to determine which abilities team members lack. This is an actionable way to advise managers on how they can develop employees more effectively, thus refining training practices and improving your organization.
Assess Staff Talent And Create A Benchmark
It is impossible to develop an effective internal training strategy until you determine what employees already know and where they need additional help. So organizations are working to identify team members’ strength areas, identify knowledge gaps and develop training programs to address them.
They first analyze staff talent levels. Then they create benchmarks and compare candidates against the standards. If they have competitive data, they compare their findings against companies in their space. This will help them determine if they are in a competitive position or falling behind.
Develop Customized Training Programs
Organizations are learning that they can improve employee morale, increase productivity and reduce attrition by investing in training and development. This is no surprise because according to findings from 2019—before the pandemic and the Great Resignation—94% of those surveyed cited a company’s investment in employee learning as a top reason for staying with an employer.
HR leaders and hiring managers should prioritize identifying knowledge gaps among current staff proactively. Once they have identified deficient areas, they can develop customized training programs to help employees succeed in their current assignments and learn new skills to help them meet their career goals.
Identify Team Members With Leadership Potential
As HR teams and managers deal with the current talent shortage, they find that the perfect candidate may already work for their company. Measuring leadership-specific abilities such as problem-solving and interpersonal communication can be a great way to identify current employees with leadership potential.
It can also make HR and hiring managers’ jobs more manageable in the long run because their company will develop a reputation as an excellent place to work and one that promotes from within. Attracting qualified employees becomes less challenging when top candidates see your organization as a desirable workplace and know it offers advancement opportunities.
Continuous Process Improvement
A training program is ineffective if it does not help you accomplish hiring and growth goals and achieve desired results. So, once HR teams develop and implement training strategies, they must monitor results and adjust as needed.
Measuring progress is the best way to determine if changes are needed. Start by assessing team members in a specific department and then administering training. When staff is retested, it is easy to see which aspects of the training worked and which areas need to be adjusted.
Innovate To Survive
The current talent shortage is severe, and it appears there is no end in sight. According to ManpowerGroup, talent shortages are at a 16-year high, and around 75% of organizations are having difficulty finding qualified talent.
Organizations that implement these innovative strategies to recruit and retain employees may find it easier to meet talent needs and fulfill growth goals. Those that do not will continue to experience the same hiring and recruiting issues they have been dealing with since the beginning of 2020.
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5 Steps to Hiring the Right People for Your Business "Hire slow, fire fast" is great advice, but it's not always easy to follow. The..
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Jun 22, 2018Simple Work-Life Balance
Work-Life Balance Is Simple. To Succeed at Work, Get a Life. With the right balance of health and business, entrepreneurs can maximize productivity. The Organization..
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Jun 15, 2018Experience or Talent?
When to Hire Raw Talent vs. Job Experience Experience is a must for some jobs, but people with raw talent offer unique benefits. You have..
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Jun 1, 2018Value of Office Communication
Why Office Communication is Highly Valued and Often Ignored A huge number of employees don't trust their bosses, and it's not hard to figure out..
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May 25, 2018Impacts of High Turnover
The Negative Impacts of a High Turnover Rate High turnover rates can negatively affect a company and its employees in many ways. With the constant..
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May 18, 2018General Data Protection Regulation
Five Final Checks To Ensure GDPR Compliance It is just one week until the EU update to General Data Protection Regulation (GDPR) compliance deadline of..
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May 11, 2018Employee Onboarding Strategies
Seven New Onboarding Strategies You'll See This Year According to a study from Equifax, more than half of all employees who left their job in..
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Apr 27, 2018AI empowers HR
AI will make HR more Human, Strategic and Innovated Artificial intelligence (AI) is a source of both huge excitement and fear across the HR function...
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Apr 13, 2018Negative performance feedback
Is giving negative performance feedback really negative? Negative performance feedback is a difficult topic to talk about. Does it help the performance? This feature throws..
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Mar 30, 2018Inspire Change In Your…
4 Ways To Inspire Change In Your Employees Have you ever listened to a speech that inspired you so much, you were ready to make..
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Mar 16, 2018Don’t Shuffle People Into…
Don't Shuffle People Into the Wrong Job Just Because They're Already on the Payroll You grow your company by putting proven performers where you need..
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Mar 9, 2018The Best Internal Candidate…
Why the Best Internal Candidate Might Be from an Unlikely Part of the Company Nearly a decade since Gallup released its bible, Strengths-Based Leadership, which..
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Feb 26, 2018Minimise Workplace Negativity
Tips for Minimizing Workplace Negativity To Deal with Negativity in the Workplace, Use These 9 Tips Nothing affects employee morale more insidiously than persistent workplace..
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Feb 9, 2018The future Workspace
Why a Coffee Shop Will Probably Be Your Workspace Within 10 Years As the gig economy grows, there are both social and scientific reasons why..
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Jan 26, 2018Prepare new employees for…
The Best Way to Set New Employees Up for Success Create an onboarding program that's both meaningful and memorable Congratulations; you've just hired a terrific..
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Jan 12, 2018Make 2018 a Productive…
11 Expert Tips To Make 2018 Your Most Productive Year Ever Could eating cake for breakfast and never listening to your voicemail help you get..
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Jan 5, 20187 Ways Modest Leadership…
7 Ways Modest Leadership Increases Team Success When we imagine the traits of successful leaders, whether they are managers, high level executives, CEO's or owners..
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Dec 29, 2017Grateful Workplaces and Engaged…
Grateful Workplaces and Engaged Employees All leaders need to ask themselves why happy and engaged employees are worth their weight in gold. If you’re a..
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Dec 8, 2017HR in 2022
What's HR going to be in 2022? A Study sheds some light... A recent study shows us a glimpse of what HR might look like..
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Dec 1, 2017Appreciating your employees
How to Avoid the No. 1 Reason People Leave Their Jobs William James, the father of psychology, stated that the most fundamental psychological need is..
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Nov 24, 2017HR Function in 2024
Will You Be Leading an HR Function in 2024? Here are five things to look at to examine and determine if you’ve got what it..
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Nov 17, 2017Employee Appraisals
Importance of Effective Employee Appraisals The performance appraisal may be one of the few times during the year where an employee and the reviewer, typically..
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Nov 10, 2017Your Impact at Work!
What Is Your Impact? We keep throwing this word around called "impact." Do you know what your impact is and how would you define, discover,..
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Oct 20, 2017Employees don’t see link…
Employees don't see link between pay and performance Employers gave themselves only mediocre ratings on pay programme effectiveness. Employees are struggling to see the link..
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Oct 13, 2017Working for small companies
Why You Should Consider Working For A Small Company Eighty-four percent of small-business employees are happy in their current job, according to the 2017 Aflac..
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Sep 22, 2017Workplaces still hamper productivity
Workplaces still hamper productivity Noise, lack of privacy and space are some of the factors causing the greatest dissatisfaction among office workers Nearly half of..
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Sep 15, 2017Lost your Job?
Nine Things You Should and Shouldn't Do If You Lose Your Job Most of us wouldn’t think to associate the words "joblessness" and "fun," but..
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Aug 25, 2017Top 10 Benefits Of…
Top 10 Benefits Of A Workplace Wellness Program When Google opened up in the 90s it took a unique approach to employee satisfaction. In an..
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Aug 10, 2017Friends and Career
Being Too Busy for Friends Won’t Help Your Career Friendship matters. Everything we do to succeed in our careers is improved when we’re supported by..
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Aug 4, 2017Is it time to…
The Best Ways to Reward Employees. Having an effective reward program in place can help solve many of your HR issues. Every company needs a..
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Jul 21, 2017People don’t take HR…
People Don’t Take HR Seriously; Here’s Why That’s Dangerous Legacy beliefs like being the bad guy and a lack of strategic vision isolates HR, and..