What strategies can organizations adopt to cope with the war on talent?
VP, Chief Security & Compliance Officer in Software, 1,001 - 5,000 employees
The war on talent is aggressive and it's getting worse. I think there will be a need to redefine mobility, reward and compensation strategy. If we stay the course, what does a reward and compensation program look like? What does mobility look like? What does development look like? We need to be able to offer opportunities like a package where you deploy onto a team, you get a full stack of experience and then rotate around to deploy again. We've got to be more innovative.CIO in Education, 1,001 - 5,000 employees
As people are leaving we’ve really dived into the question, "What do mobility and career growth mean to you?" It's fascinating when you ask people to define that. When you peel back that onion a bit, what it really comes down to is money. Assuming that money is something that you can't always control, what else can you use? It used to be telecommuting but now that's off the table. It pivots into the discussion around upskilling, reskilling and maybe reorganizing to take better advantage of people's skills. Instead of creating more director spots, find more opportunities for people to report into people, so you've got more top-down than bottom-up in terms of moving people into things that interest them. Those are some of the things that are in my ecosystem.
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2 PARTICIPANTS
Yes26%
No, but we have slowed hiring for non-essential roles.44%
No, we are hiring at a normal rate.28%
Other (tell us in the comments)2%
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Founder, Self-employed
Work travel is a privilege. Embracing your experience to meet new people, and see the beauty of nature and culture wherever you go.CTO in Software, 201 - 500 employees
Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.
Also, while having these talks over Zoom can be more effective and easier in some ways, you still miss that feeling you get when you walk away from the conference room or walk away from the restaurant, etc. It seems like I spend a lot more effort on it.