Currently, there's still an ongoing talent shortage, and even though the job market is quieter than a year ago, the pressure to find the right talent for our clients remains. We have found that organisations seek experienced individuals with deep knowledge, with preferably 5-8 years' experience. They are looking for individuals who can lead processes and interact with clients.
On the other hand, top talent seeks workplaces with positive, supportive, and inclusive cultures that enhance their wellbeing. Wellbeing at work is about how the workplace makes them feel. A lack of career development has led many individuals to leave jobs in the past year. However, a lot of candidates during interviews lately have been unsure about what truly makes them happy in the workplace.
So, what exactly does this talent seek, and how can businesses retain and attract them?
Prioritise work-life balance, with an aim to leave the office by 5:30 pm and reducing long hours.
Offer growth opportunities, including clearer paths, structured feedback, and training. Employees want to understand success in the workplace and utilize their strengths.
Cultivate a sense of community and belonging. While many industries excel in this aspect, maintaining it during times like COVID is essential. Connections beyond work matters, as they strengthen bonds.
Encourage engagement in day-to-day operations by fostering open communication and collaboration. Transparency regarding business goals and management practices aids in this.
Create environments that facilitate feedback and a growth mindset. Interestingly, while people want career advancement, they often struggle with taking on more responsibility.
Building and maintaining a competitive edge in talent acquisition hinges on creating a workplace that prioritises the well-being and growth of its employees. By fostering an environment of work-life balance, providing clear paths for advancement, nurturing a sense of community, encouraging open dialogue, and promoting a mindset of continuous improvement, businesses can both attract and retain top talent. As we move forward, it's crucial to recognise that investing in the needs and professional development of individuals is the key to securing and promoting a high-calibre workforce in today's ever-changing job landscape.