Talent retention strategies have been widely discussed this past year. At VILLAGE SUMMIT2022 we heard Phil Preston discuss the emergence of ‘stay interviews’ to get in front of the impact staff leaving can have on a business.
Interestingly, the 2022 LinkedIn Global Talent Trends Report found that employees believe professional development is the number-one way to improve company culture. with the consequences of neglecting development being significant.
According to a report by The Execu|Search Group, 86% of professionals said that they would change jobs if a new company offered them more opportunities for professional development.
An employee development program which offers true professional development is shown to not only improve skills and hone behaviours in the workplace, but it also demonstrates the value placed in that employees through investing in their future. This is an investment which will benefit the business by retaining talent and, importantly in our case, the benefit of our residents who report wanting professionalism and consistency in their Village Manager (singular).
Have you spoken to your manager about investing in your professional development in 2023?