Home topics workplace industry-human-resources Industry HR Industry HR Talent Management vs Employee Retention – it’s more than semantics! Chad Gates October 4, 2018 Our average staff tenure at Pronto Software is over 10 years. I’ve worked at the organisation for 13 years – and we have staff who’ve celebrated their 30 th anniversary. I’m often asked how we achieve these results. Despite the stats about job-hopping becoming the norm, especially in our IT industry, Pronto Software is proof that long tenures don’t have to be a relic in Australia. To be successful, I believe you need to focus less on employee retention and more on talent management. An employee’s choice to be a productive and loyal member of your team should be a natural outcome of the strong, mutually beneficial relationship they have with you – rather than a type of entrapment. Collaboration builds passion Offering compensation that is comparable to similar businesses and industries can help you retain talent – however this is not the all-encompassing solution to managing great talent. Are you likely to accept a high paying job at a business known to have poor values, ethics and a toxic culture? The best workplaces give their employees a sense of purpose. When the business you work with shares your values, you have the common ground needed to build a strong relationship and be more engaged. People inherently want to work alongside colleagues they trust and respect. We spend the longer portion of our days at work and
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