After the COVID-19 pandemic, the role of human resources is highly critical in responding to the crisis and retaining talents during sensitive time of the labor market. Here are recommended 6 steps to retain the necessary talents for your organization, according to Vuong Nga, recruitment director of TalentNet:
The first step is to choose the right people to retain, as well as allowing them to have more responsibilities. Secondly, re-inforce your compensation policies through performance evaluation. During the time of crisis, having a reasonable compensation regime will boost employees more motivation to work harder, as well as reassure them. The third step depends on your leadership’s ability to inspire, understand and take care of the staff in the right time to create sense of loyalty. The fourth step is managing your staff’s expectations. Make sure that you communicate clearly what your business expects from them, and break down each stage to achieve. The expectations can be determined from your company culture and core values so that employees can understand and improve their loyalty. The fifth step is stimulating self-expectation from your staff, creating a spirit of sharing and helping each other during the difficult times so that everyone understand they are in it together. Finally, create a competitive environment and build a transparent image for employees to exchange experience, knowledge and learn from each other.