This year has been challenging for employers, who are dealing with employee engagement and retention in the post-pandemic era. Maintaining high morale, commitment, and performance while balancing office time and meeting employees' needs are major concerns for leaders.
In 2025, talent shortages will persist as employees seek better support from employers while balancing work and personal lives. Companies that invest in effective talent management will excel in attracting, engaging, and retaining staff. Key priorities next year must include:
1. Reevaluate your approach to flexible and hybrid working. Understand why you want employees back in the office, clearly communicate the benefits, and ensure policies meet business needs rather than following trends.
2. Ensure employee wellbeing remains a priority. With resources stretched, employees are often asked to do more with less, leading to stress, burnout, and financial pressures. While EAP programs are essential, additional measures should also be considered such as quiet days, DEI and wellbeing initiatives.
3. Effective workforce planning needs to be undertaken to ensure leaders understand the skills and capabilities required to meet business objectives going forward and ensuring the right talent is in place
4. Focus on personal development – offering L&D initiatives to your employees will not only upskill employees and provide increased business growth and leadership succession opportunities but will also significantly fuel engagement and commitment with employees feeling valued and more willing to contribute discretionary effort
5. With cost-of-living pressure hitting everyone hard, consideration needs to be given to ensuring compensation structures remain competitive with regular reviews and benchmarking in place
With the speed that this year has flown by, 2025 will be here in the blink of an eye! Businesses that are focused on the above now and are already putting plans in place to address engagement and retention drivers will be best placed to move into the new year with confidence! Talk to us now about your key talent drivers to ensure your business is set up for success.
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