What can organizations do to retain Senior Talents?

What changes should be implemented by organizations to retain Senior Executives?

According to the DDI report from 2021, organizations that provide high-quality development experiences are:

  • 1.5x more likely to have high leader engagement and retention
  • 2x more likely to be voted as best places to work

What’s more, DDI shows that these skills of leaders mitigate employee burnout:

  • empathy (17%)
  • coaching and delegation (16%)
  • influence (15%)

More data from 2022 (delivered by Monster) tells us that:
1) Top changes that companies are implementing to stay competitive over the next three years are:

  • changing roles to be more flexible (37%)
  • increasing benefits and perks (35%)
  • offering skills trainings & increase in salaries (32%)

2) Increasing salary and wages is a top initiative for these industries:

  • leisure / hospitality (39%)
  • technology (39%)
  • healthcare (41%)

If you want to know more, read our presentation:

Here you can read our previous articles from the series: