Retaining Talent: Creating an Engaging Company Culture

by , | Jan 25, 2023 | Fluid Control & Pneumatics, Machine Automation, People & Culture, Welding, Assembly & Cleaning

Deidrea Niece

Deidrea Niece

Social Media & Digital Communications

As companies worldwide struggle to maintain employee engagement and retain top talent, Deloitte reports that this is one of their biggest challenges. This is particularly true in the current climate where, in February 2022, over 4 million people chose to leave their jobs in search of more meaningful work environments that not only fulfill financial needs, but also promote a culture of inclusion, equity, and respect.

Now employers must learn creative ways for fostering workplace cultures where all employees feel valued.

Today, companies are changing their cultures and focusing on leading with purpose. Emerson even developed a robust framework for its organization, emphasizing meaningful experiences that attract and retain employees.

As Scott Pilkington points out in his article Aligning with Purpose: Promoting Engagement and Retention in a Changing Workforce, an organization’s people are at the center of the process of transforming the work experience.

To support lasting success in the workforce, here are five ways companies can make sure new hires have an exceptional experience.

Fostering Flexibility

Offer flexibility, including hybrid work options. With the rise of remote work due to COVID-19, employers need to think about how they can support both remote and hybrid employees, especially during the first year.

Investing in the Future

Invest in education and training, including hiring for competencies and designing intentional internships.

Creating a Supportive Workplace

Build supportive communities and offer support for work-life integration and mental health.

Advancing Careers

Provide career development opportunities through coaching, mentorship, and advancement.

Leading with Purpose

Lead with purpose by aligning business objectives with the values and goals of the company and its employees, and communicating this clearly and consistently.

As the demand for more meaningful work environments increases, employers are faced with the challenge of finding ways to create workplace cultures where all employees feel valued. To achieve this, companies must implement new strategies such as offering flexibility, investing in education and training, building supportive communities, providing career development opportunities, and leading with purpose. By doing so, they can foster a culture that promotes inclusion, equity, and respect among all employees.

This not only helps to attract and retain top talent but also supports lasting success in the workforce. It’s a challenge, but if companies can make it happen, they’ll be in a much better position to keep their employees happy and engaged.

 

 

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The opinions expressed here are the personal opinions of the authors. Content published here is not read or approved by Emerson before it is posted and does not necessarily represent the views and opinions of Emerson.