Retaining Talent: Challenges and Opportunities

Retaining talent is one of the key challenges for Allinial Global members as it is for many employers right now. When speaking at the SHRM Annual Conference & Expo 2021, Jennifer Currence, SHRM-SCP, CEO of WithIN Leadership, highlighted employee engagement and retention as the number one priority in her session “Top 5 Priorities for an HR Department of One.”

Currence attributed people quitting to a variety of factors, including:

  • Senior leaders not putting as much energy into people as they do the business
  • Employers not treating employees like adults
  • Managers failing to coach
  • Organizations not being transparent
  • Companies not giving specific and personalized recognition

Add to this the changes brought about by the pandemic, and it’s easy to see why engagement and retention are such important concerns for employers. Here at Allinial Global we have been hard at work identifying tools and resources to assist you with this challenge.

New Partnerships and Member Benefits

To help members simplify HR challenges, Allinial Global recently established a strategic partnership with Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services with over 45 years of industry experience and 700,000+ clients in the US and Northern Europe. Paychex is building a resource library for our members which will include relevant articles such as Implementing an Effective Employee Engagement Strategy, as well as helpful checklists and special pricing on solutions for recruiting, hiring, onboarding, and administration of benefits and payroll. You can learn more about the member benefits available by visiting our member website.

Allinial Global has also engaged Convergence Coaching, LLC to create a Guide to Managing a Remote or Blended Workforce specifically for our members, which Mark highlighted in last week’s post. The Convergence Coaching consulting team has extensive experience in leadership, management, talent development and succession, firm growth and strategy, and sales and marketing, and we’re thrilled to have them in our corner as a resource for members’ questions about flexible and remote work.

Free Webinars for You—And Your Clients Too!

Convergence Coaching will also be hosting two free webinars for Allinial Global members and their clients. Don’t miss a chance to learn about the following topics:

Advanced Recruiting Ideas to Drive Practice Growth for AG Members and Clients
November 11
11:00 a.m. EST

Learn real-life strategies to elevate your recruiting efforts and better position your firm to attract talent that can fuel future growth. We encourage you to invite your clients as well!

Building a Truly Progressive, Talent Forward Firm for AG Members and Clients
December 15
3:00 p.m. EST

This webinar will show you how to build a culture that inspires, excites, and makes next-gen talent proud to be part of your firm. Please bring your clients—they are welcome to attend too.

Retaining talent is something all of our members are talking about, and we hope you will find the resources shared in this post useful. We also look forward to hosting a working session at Summit 2021, which will give members a chance to share their challenges with each other and collaborate to devise strategies and solutions. Please contact me if you have questions about the Summit session or any of the resources mentioned here.