Barkha Talent Acquisition Talent Retention

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Barkha Talent Acquisition Talent Retention

  1. 1. TALENT ACQUISITION Barkha Sharma [email_address] Asst. Manager HR
  2. 2. Talent Acquisition <ul><li>People are not your most valuable asset …….. </li></ul><ul><li>The RIGHT people are </li></ul>
  3. 3. To attract the RIGHT people we need to offer them a unique Employee Value Proposition
  4. 4. TALENT <ul><li>Realities : </li></ul><ul><li>Educated VS Talented </li></ul><ul><li>Talent is getting scarce </li></ul><ul><li>Demand exceeds supply </li></ul><ul><li>Beg the talent to join, paying painful salary </li></ul><ul><li>Loyalty is portable </li></ul><ul><li>Hire the fire </li></ul>
  5. 5. THE TALENT – PARADIGM Talent Acquisition Talent Development Talent Management Talent Retention
  6. 6. THE TALENT – PARADIGM Talent Acquisition Talent Development Talent Management Talent Retention HR Planning Audits Policies Leadership Development Capability Management Organization Development Learning Performance Management Rewards & Recognitions Career Development Employee Engagement Branding
  7. 7. TALENT SOURCING <ul><li>Employee’s referrals </li></ul><ul><li>Hire for the attitude – Train for the skils </li></ul><ul><li>Campus visits </li></ul><ul><li>Networking </li></ul><ul><li>On the job training </li></ul><ul><li>Captive Placement Organization </li></ul>
  8. 8. Scarcity of Talent, so what! Create Talent (from ZERO to HERO)
  9. 9. Retention Through Employee Engagement
  10. 10. Feeling “engaged” depends on the “strength” of the workplace not necessarily on the corporate leadership
  11. 11. The importance of feeling “ENGAGED” <ul><li>Companies do not retain people </li></ul><ul><li>People decide to stay </li></ul><ul><li>They decide to stay when they feel “engaged” </li></ul><ul><li>“ Engaged” employees stay longer </li></ul>
  12. 12. <ul><li>THE STRENGTH OF THE WORKPLACE </li></ul><ul><li>CLEAR EXPECTATIONS </li></ul><ul><li>RESOURCES </li></ul><ul><li>OPPORTUNITY </li></ul><ul><li>RECOGNITION </li></ul><ul><li>CARE & CONCERN </li></ul>Feeling “Engaged” depends on <ul><li>DEVELOPMENT </li></ul><ul><li>PARTICIPATION </li></ul><ul><li>PURPOSE </li></ul><ul><li>QUALITY </li></ul><ul><li>APPRAISAL </li></ul><ul><li>LEARNING </li></ul>If we provide all the above, then we have built a GREATER PLACE TO WORK. Most of the above are in the hands of THE BOSS.
  13. 13. The BOSS <ul><li>The “Boss” is the key factor in building a strong work place. </li></ul><ul><li>Talent retention strategy will work if we have the “Boss” in right place. </li></ul><ul><li>“ Boss” who “nurture” and “mentor”. </li></ul><ul><li>Creates nurturing environment for the employees to imagine, explore, pioneer, invent etc. </li></ul>
  14. 14. Growth is a pre-requisite <ul><li>Talent can be retained with business growth. </li></ul><ul><li>New businesses provide career opportunities. </li></ul><ul><li>Retaining talent and growing business are therefore interdependent. </li></ul><ul><li>“ Growth” is therefore a pre-requisite. </li></ul>
  15. 15. <ul><li>Whatever can be done, will be done, </li></ul><ul><li>And much faster than you think </li></ul><ul><li>The question is… </li></ul><ul><li>Whether it will be done by you or to you? </li></ul>
  16. 16. THANK YOU

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