2018 Talent Trends (Infographic)

3 TIPS TO STAND OUT in 2018 Pay to Get (and Keep) Top Talent Embrace Flexibility What’s an HR Pro To Do? Compensation Relocation Work/Life Balance 3 qti@qtigroup.com 26% Quick Stats 4.1% 3.4% Start Strong Right Away are making their BEST OFFER OUT OF THE GATE 55% 1 Other hiring tactics include: Company Culture Mission and Vision Stability Growth Opportunities Work/Life Balance Consider key company differentiators: Why employees resign 25% 15% 13% Career Development 40% HOWEVER More than 75% 2 PRO TIP With a strong economy and tight labor market, standing out will be a real challenge in 2018. The QTI Group’s annual Human Resources Planning Survey revealed some of the strategies Wisconsin employers are using to attract and retain top talent. A national unemployment rate of 5% is considered to be “full employment.” The Wisconsin unemployment rate has been below 5% for 3 years, since November 2014. Hire high-potential candidates who need some training Implementa standardizedonboarding process Offer new- hire relocation assistance Despite the prevalence of employees leaving for compensation reasons, less than half of survey respondents regularly review their compensation for market competitiveness. Conduct stay interviews to help understand employees’ wants and needs before it’s too late. Culturally, the 21st-century workforce is looking for a new, more flexible relationship with work, but employers are responding slowly. of job seekers nationally said flexibility to workfrom home is a top factor in their job search. of employers do not allow, or allow only a small number, to work remotely. Is your organization prepared to attract, engage, motivate, and retain talent in 2018? Here are a few tips to upgrade your talent management program: We can help your organization leveragetalent trends to drive better business results. Contact us, and we’ll help you get started. Refresh your employee benefits anddevelop a strategy to communicate their value. Evaluate your compensation for market competitiveness, revising if needed. Develop a standardized employeeonboarding process.Test a work-from-home policy that accommodates a wide range of employees.Consider productivity training for employees that work from home. Benefits