New Insights on Building a 'Talent Magnet' Culture

David has a new blog post, "New Insights on Building a 'Talent Magnet' Culture"  on A Magazine, a part of the the OC Tanner blog.  

Here is a little snippet:

The war for top talent has escalated to new heights in our modern, disruptive economy. Traditional methods of attracting and retaining exceptional employees have become less effective, as the drivers for why people work have dramatically changed over the years. As HR leaders, I'm sure this comes as no surprise to you.  You've seen the abysmal engagement numbers, study after study.

Gallup's 2013 worldwide study of almost 50,000 businesses and about 1.4 million employees found 63% of workers in 142 countries feeling disengaged. That means "they lack motivation and are less likely to invest discretionary effort in organizational goals or outcomes." And of that 63%, 24% are "actively disengaged," meaning "they are unhappy and unproductive at work and liable to spread negativity to coworkers." Employee engagement undoubtedly correlates to organizational outcomes such as productivity and profitability, along with talent retention, and drives up healthcare and associated personnel costs. In fact, the cost of employee disengagement to the U.S. economy, according to a Gallup's report in 2012, exceeded $450 billion in lost productivity.

To read more, click HERE to go to the OC Tanner blog.

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