EMPLOYEE RETENTION EXPERTS SEE BIG CHANGES COMING TO THE FUTURE OF WORK AND TECHNOLOGY TRENDS

Ten in ten employee retention experts agree: As the war for talent rages on, keeping staffers on-board is top-of-mind for people leaders entering 2024 and beyond. Consultants recognize that retaining top talent remains crucial to building resilient, competitive teams amid labor shortages in many industries. Through conferences and writings, the best employee retention experts will look to keep HR best practices on the collective radar over the next few years.

Given only one in three workers  are engaged at work, employee retention experts note serious opportunities for improving retention rates in most organizations. Avoiding costly turnover is also pivotal in unpredictable economies. The most forward-thinking consultants foresee businesses finally applying long-advised strategies for keeping valued workers.

For example, employee retention experts advocate conducting stay interviews exploring why employees choose to remain. Unlike sparse annual engagement surveys, regular stay interviews provide insights straight from your talent about enhancing experiences from their perspectives. In 2024 and 2025, bank on pros to continue touting bilateral communication that proactively uncovers dissatisfaction early when issues can still be readily fixed.

Likewise, employee retention experts will persist in urging rewards aligned to employee priorities balanced with company culture. Consultants advise getting creative with personalized offerings – from growth opportunities, to flexibility, to compensation to health programs – understanding diversity of needs and backgrounds. Reflecting corporate social responsibility values in rewards also increasingly attracts and retains well-aligned talent, note employee retention experts.

But then again, employee retention experts will further emphasize purpose, belonging and growth through strong onboarding, mentoring, upskilling programs and leadership development for managers. All improve integration, relationship-building and ability to handle added responsibilities over time. Continued education around eliminating biases and microaggressions will remain important too.

Furthermore, pros advocate optimizing digital experiences facilitating simplified communication, collaboration, development and knowledge sharing. User-friendly HR platforms and productivity tools attract tech-savvy workers who then support adoption companywide.

And of course when retention falters despite best efforts, employee retention experts stress proper offboarding processes that maintain positive relations with alumni who may boomerang back given the right conditions. The cycle from pre-hire to post-exit will be a leading 2024 and 2025 topic.

Long story short – stellar employee experiences, rewards, growth and balanced life support from HR futurists will be integral for seriously enhancing retention rates in 2024 and beyond. Listen to these experts and transform cultures now.