While every company wants to hire and retain top talent candidates, not every company realises that you need to focus on talent management to retain such employees. The highly experienced recruitment team at GCS Malta discuss talent management in this article.

What do we mean by ‘talent’ in ‘talent management?

The word ‘talent’ is usually associated with successful athletes, musicians and entrepreneurs. However, there are  2 types of talent:

• Natural talent – a natural aptitude someone has since birth
• Added-value talent – companies usually attempt to measure talent in terms of potential and ROI. Typically, employees who outperform their co-workers have a higher ROI than

Talent Management Tips

Create a strategy

Talent management is the attraction, selection, and retention of employees. To create a clear talent management strategy, you need to address the company’s issues and include a clear strategy on how you will be tackling these issues. Whilst structuring your talent management strategy, remember that retaining talent does not stop at recruitment.

Convey your vision clearly

Make sure your talent management strategy goes hand in hand with your company’s objectives, values, brand and culture. Decide on a list of goals to reach with your talent management strategy and review it periodically.

Treat your employees fairly

Talent management cannot be successful if you do not treat your employees as individuals. Listen to each and every employee’s needs and aim to meet them to prevent a decline in productivity.

Help employees develop talent

Offer a variety of ways that will help your employees develop talent and new skills through coaching and mentoring. Remember that every employee Is different and requires a different approach to help them reach their maximum potential.

Track performance

It is crucial to schedule employee performance reviews for each employee so that HR can track their performance and discuss ways to improve performance. Use this meeting to ensure that your employee is satisfied with their job.

Reward Performance

Recognise and reward employees for their achievements. Remember that no employee wants to feel unappreciated, and a simple yet highly effective way to retain employees is to recognise their accomplishments from a small gesture to an increase in salary. Happy employees are better at their jobs.

Why GCS Malta?

Looking to attract top talent? At GCS Malta, our highly experienced recruitment team can assist you with any recruiting services you may require. Looking for your ideal job? Check out our vacancies and contact us today for more information.

Article by Sarah Jane Gauci