Talent Management Programs

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Talent Management Programs: Business grows when you manage and nurture your talent

Talent management goes beyond investing in your company - it’s about investing in your employees. In order for your business to thrive, your employees need to grow as professionals. Getting talent management right means tying talent to business initiatives; acquiring, hiring and managing talent in a way so that each employee contributes to your organization’s overall strategic goals throughout their career.

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WHAT IT IS

To understand talent management, think of it as a business strategy that will help you to retain and grow your best employees. It’s a business strategy that, in order to function properly, must be completely integrated into your organization. In an effective talent management program, attracting and retaining talented employees requires ongoing development opportunities that reflect the organization’s needs, as well the needs of each employee on an individual level. When handled strategically, talent management programs allow every employee to see where he or she fits within the organization - and are designed to grow that employee to his or her highest potential.

Work Institute provides the research and the results you need to know about your employees. Our talent management survey not only uncovers accurate answers about how your employees feel about their jobs and your company - but also, why they feel the way that they do. Using only a 15 question strategy, we survey your workforce and are able to unveil valid answers about what motivates your top-performing employees, what discourages them, and most importantly - WHY.

WHY YOU NEED IT

Think of your organization’s missions, vision, goals and values - now think of those points pulsating through your workforce. An efficient talent management program enables every employee to understand their role in the company, and to feel as though they are part of something bigger than their current job.

Businesses who invest in their people reap the benefits. According to studies completed by the American Society for Training and Development (ASTD), high performing organizations tend to integrate talent management components more than low performing organizations. Companies with strong talent management programs have lower turnover and lower absenteeism. By understanding and implementing the right talent management strategies, you’ll be better able to understand your employees, and how to grow them within your organization - and significantly reduce your internal turnover costs.

Companies with strong talent management programs have lower turnover and lower absenteeism

American Society for Training and Development (ASTD)

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You're almost there! Use engagement studies to make improvements in your talent management and retention efforts!

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ENGAGEMENT STUDY DATA SHOWS YOU:

>How your employees feel about their supervisors.

Are your employees motivated? Do they feel challenged and valued? Why or why not?
>The reach of your corporate values and goals.

Do your employees feel like they fit into your company? Do they understand your mission and value?
>The big picture - as seen by your employees.

Do they understand your overall strategic goals? Do they understand and accept their role? How do they see themselves developing within the company?
>The dialogue within the organization.

Is there open communication within your company? Do your employees feel like they can discuss their feelings? What kind of feedback do your employees feel comfortable providing to their superiors?
>The success of your compensation and recognition system.

How do you reward your employees? Do you offer promotional and career development opportunities? People work for money; aim to pay above market-value for your talented employees, and invest in their growth within your business. You’ll not only develop your best talent, you’ll retain it.

HOW IT WORKS

The Process
Data Analysis
Reporting
Consulting

The Process

Once you become a partner of Work Institute we assign you a Client Services representative. This person will be with you every step of the way – from identifying who needs to be interviewed, crafting the specific study questions, gathering and providing data analysis to building a change management plan to address specific issues and meet predefined business goals.

Your Client Services representative will become an integral part of your internal team by providing research, data, analysis and recommendations along the entire feedback cycle. Their entire focus is your company’s engagement and retention strategies. They find what isn’t working and get it working again saving your hundreds of thousands of dollars in turnover costs.

Data Analysis

Once we get the interviews and surveys in place, your Client Services representative will work with you to summarize the major 3-4 trends in bullet form with the supporting raw data as a reference. We will regularly meet with you and any key leaders to discuss what we’ve discovered and will work with you to build a plan of action to make key changes.

Reporting

Our reporting system is designed to give access to whomever you deem necessary. Sometimes all organizational leaders want and need to know the research. Sometimes it’s better to have one key internal person managing the process. Whatever the request, we will provide access at no additional charge.

Consulting

We use our combined experience of close to 30 years in human resources and our ability to capture the specific data you need to design thorough action plans to solve HR issues. For example, just by solving simple issues in recruitment results in hiring the right top talent for your open positions. Hiring the right top talent means reducing turnover significantly. This is what consulting with data can do for you.

HOW CAN I GET STARTED?

Work Institute provides an unbiased look into your talent management progam. We help you to develop the tools you need to ensure you’re not only attracting and hiring the right talent, but you’re also developing that talent and retaining it. We’ll walk you through the steps to develop each employee in a way that motivates them to contribute to your organization’s strategic goals.

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Gain insight into employee connection to your corporate culture, mission and brand.

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GET THE ESSENTIALS.

Learn more about the essential elements of an effective engagement strategy.

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BUILD A BETTER WORKPLACE.

Our experts can help you determine the solutions best suited to your company’s needs.

"The Work Institute has helped us uncover some critical gaps in our recruiting processes, but also identify several great opportunities to attract the talent in our industry that we want the most. The reporting and analysis enables us to continually improve our efforts and strengthen our workforce."