Episode: 658

Episode Title: Serious About Learning and Development

What’s the secret to retaining top talent? In a talent-centric organization, it’s the culture of learning and development. Here’s why, next on The Perna Syndicate.

Ep 658 show:

This is The Perna Syndicate—I’m glad you’re here! Companies that weathered the Great Resignation best are those that already had a strong culture of valuing employees. 

Such talent-centric organizations, or TCOs, are very intentional about retaining the talent they attract. One of the main features of the interview is a simple question: what do you want and need in an organization that will keep you here for X number of years?

Usually, a robust learning and development experience is at the top of candidates’ wish lists—giving TCOs a strong advantage. By their very nature, TCOs are deeply committed to employee training and development, says talent expert Carol Schultz.

Gen Z in particular is very focused on advancing their skills through learning and development—so focused that they will pursue growth on their own, if their employer doesn’t offer what they need. So when a company is truly serious about employee development, it’s a huge draw. 

What if an employee wants to move up internally but lacks the skills to do so? In a TCO, this employee will be provided with the training and coaching to get them to that level. Then, says Schultz, if the employee turns out not to be a long-term fit, TCOs will be straightforward about it and help the employee exit the company in search of the right role. 

That’s the kind of talent-centric culture that people won’t want to resign from in the first place.   

Tomorrow: TCOs also hire differently than other companies. Next time on The Perna Syndicate, we’ll explore two things that set them apart in the hiring arena. See you then!