One of the keys to the success of a company is the detection and retention of the talent of its workers . The company’s human capital is the engine that will lead to the achievement of the company’s objectives and goals.
Therefore, it is key to know how to detect and retain those employees who can continue to grow within the company and who are capable of bringing constant improvement to the organization.
Why it is important to value the company’s talent
Although many companies are not aware of the importance of having a good organizational development (OD) plan and many still do not understand the concept of an integrated human resources system, fortunately, others define their training plans very well for the development of knowledge and skills of their employees, which serves to ensure the fulfillment of objectives and the constant growth of the company.
These companies place emphasis on the growth and improvement of an organization, and give special importance to one of the fundamental pillars of any company or business: human capital.
Knowing the talent of the workers, a great strategy
A company with this vision selects, trains and keeps its workers motivated, aware of the benefits they bring. Staff rotation and the need to bring in new external workers means a high cost for the company, so a good strategy is to know what you have in your own house, in order to get the most out of the workers you already have.
To do this, it is important to detect internal talent, because a worker who already knows the company perfectly may have a number of skills that can be useful in another position or position. The hidden talent in organizations is a diamond in the rough that every company or institution should know how to detect and take advantage of.
How to detect and retain a company’s talent
In order to detect and make the most of talent, it is necessary to understand the concept of competence , which has to do with the knowledge, attitude, know-how and skills of a worker. If you have any doubt about this, the article “How to face a competence interview: 4 keys to get the job” is perfectly explained.
But… how is it possible to detect talent? How is it possible to retain it?
1. Defines the need of the company
When the company has a comprehensive human resources plan, it is easy to understand the needs of the company, especially if there is a catalogue of competencies for each position in the organization. If this is not the case, then it is necessary to research the different workplaces and the mission, vision or values of the company. This is essential to know what we want a worker to contribute.
And… the associated talents
Now it’s time to define the talents of each position. For example, if we need a supervisor for the nursing department, we must first know what knowledge, skills or abilities this occupation requires. Then, if we know that one of the competencies we need for this position is “leadership”, we should look for employees who, in addition to being good nurses, have good leadership skills .
3. Measure talent
Once we have defined the talent needed for the various positions in the company and know what we want from employees to meet the needs of the workplace and the company, it is time to measure the skills and potential of the workers. By means of interview tests or situational tests it is possible to know what a worker can bring to the company.
4. Rate talent
When the workers have passed the different tests and one has already a picture of the results, it is necessary to classify the workers according to talent . To do this, there are different tools. For example, the Nine Box Grid, which classifies workers according to the scores obtained within nine talent boxes.
5. Reward talent
Once you have the talent classified and know that you are interested in retaining it, you must reward it so that it does not go away. Although you can make use of an individualized financial incentive, there are other strategies that are just as effective . Also, if you think the time is right, you can consider internal promotion and promotion as recognition of his talents.
6. Develops development and growth programs
Workers enjoy greater occupational health and a sense of belonging to the company if they feel they can grow within the company. Having well-defined talent development programs is motivating and can be helpful in retaining talent.
Therefore, in order to avoid the worker feeling stagnant, you must make clear the possibilities of development that he has in the company and guarantee him that he will have the effective possibility of reaching new responsibilities.
7. Works the company brand
Studies show that when workers feel they are in a company with a recognized and valued brand, they feel greater job satisfaction and a higher commitment to the company. Working on the brand can help you retain talent.
8. Share your achievements
Create an environment that makes your employees feel like an important part of your business. Employees should feel valued and recognized, and some ways to achieve this is get their input on the rules or changes that may be needed .
Involving them in the company’s achievements, encouraging goal setting and letting them make their own choices can also have a positive effect on them. Making employees feel valued is a good strategy for retaining useful talent.
9. Make expectations and objectives clear
It is important that the expectations, the goals of the company and the role that employees play are clear. The descriptions of the work to be done are appropriate so that employees know what is required of them.
Communication within the company must be excellent, direct and clear. Otherwise, phenomena such as conflict or role ambiguity can have a negative effect on employee stress and increase their discomfort, which can lead to worker abandonment.
10. Create an ideal working environment
The workplace should be a stimulating place , where workers feel at ease. This requires the creation of an open and honest working environment.
Giving feedback on work performed and being willing to listen to your employees’ concerns is necessary to retain talent. When employees are comfortable, they perform better and the company benefits.