Dr. Mary-Clare Race Of LHH On The Labor Shortage & The 5 Things We Must Do To Attract & Retain Great Talent

Have candid conversations with employees about their professional interests and career goals and take action to support those interests. Many employees are leaving their current roles to learn a new skill in a different industry. It’s worth the investment to offer skills development programs or coordinate a transfer to a new internal role to retain a valued employee. Leaders also need to be proactive and diligent about checking in with employees on their satisfaction with their career prospects and their mental health.

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The pandemic has allowed people to reevaluate what they want from work. This “Great Reevaluation” has led to the “Great Resignation” which has left the US with a great big labor shortage and a supply chain crisis. What can we do to reverse this trend? What can be done to attract great talent to companies looking to hire? What must companies do to retain their great talent? If not just a paycheck, what else are employees looking for? In this interview series called “The Labor Shortage & The 5 Things We Must Do To Attract & Retain Great Talent” we are talking to successful business leaders who can share stories and ideas from their experiences that can address these questions.

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