RETAINING TOP TALENT BY TRAINING & PAY

Talent Retention is a hot issue in organizations, regardless of whether the economy is declining or booming across all industries and countries. The challenge to retain key talents in order to sustain a competitive advantage preoccupies the minds of many business leaders.

The modern talent has an array of employment options. One question that arises in this context is: how can remuneration and training foster employee commitment? Research reveals that, even though pay and benefits count, one cannot depend on money alone to retain talented employees. Among other things, key motivators include opportunity to learn and grow and recognition of achievement.

This program will cover various areas such as pay and benefits, but also key motivators, which go beyond money such as training, promotion and transfers. HR Professionals attending this course will master the competencies to effectively deal with employee retention, primarily of marked talent in the organization.

LEARNING OBJECTIVES

After the successful completion of this comprehensive training course, participants will be able to:

1. Understand the meaning of employee retention in context of organizational workforce.
2. Discover the key aspects of talent retention and why it is important to the company.
3. Learn to effectively manage Reward systems and utilize them to conquer retention.
4. Work to design a Pay structure which is compatible to the organization and all functions.
5. Describe the issues to consider when making promotion decisions at the company.
6. Accurately identify immediate as well as long term training and development needs
7. Understand the key aspects of training and the role it can play in retaining talent.
8. Describe the methods for enhancing diversity through career management and planning.
9. Answer the question – How can career development foster employee commitment?
10. More effectively manage promotions, transfers, retirement, disciplining and dismissal.

INSTRUCTIONAL METHODOLOGY

• Group Live and Instructor-led Classroom Track
• PowerPoint presentation, with pointed breaks to stimulate discussion by the participants.
• Participative Classroom Activities, including:
  • Ice-Breakers and Energizers
  • Behavioral Role Plays
  • Focused Video Playback
  • Guided Group Discussions
  • Management Case Studies

INTENDED AUDIENCE

• Human Resource Managers, HR Business Partners, HR Consultants and related HR professionals.
• Business Leaders, Functional Heads, Line Managers and Supervisors having subject interface.
• Corporate Practitioners, including specialists, consultants, managers, supervisors and employees with some related experience who wish to advance their functional expertise and competence.

COURSE ASSESSMENT

• Pre-Assessment to gauge current level of conceptual understanding and customize training delivery.
• Session-based Practical Exercises, Reflective Quiz and Peer-group Notes Sharing and Evaluation
• Final Course Assessment, in a test environment, capturing course retention and learning.