Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act
The interconnectedness of growth, innovation and talent retention is undeniable. An organisation’s ability to attract and retain its workforce hinges on its success in fostering a culture of continuous development and innovation. Technology undoubtedly plays a pivotal role in this aspect, particularly in our sector where staying abreast of the latest technological advancements is integral to our business and functional teams. Embracing new technology is not just beneficial but imperative for driving innovation, enhancing productivity, reducing costs and meeting the quality standards demanded by customers.
At Jindal Stainless, we have effectively integrated advanced tools across various departments, including sourcing, finance and sales, resulting in streamlined and expedited processes. Today’s employees seek to stay informed about cutting-edge technologies to deliver optimal experiences for stakeholders. Looking ahead to 2024, I believe it is essential to learn new technologies and also crucial to adapt them swiftly. As we are on a journey of redefining our value proposition to attract and retain talent, the focus definitely will be on creating an enabling an ecosystem where employees get opportunities to upgrade their skills, knowledge and competencies. We are committed to making sure that the talent stays contemporary in its thoughts, ideas and skills to be able to contribute effectively in the ever-changing business and market context.
It is imperative for the internal comms and HR teams to work in tandem, for a more productive workforce
Talent tug-of-war: Balancing retention with inflationary realities
The attraction and retention of talent is driven more by how compelling and holistic the value proposition for the employee is, beyond monetary considerations. We at Jindal Stainless build our value proposition around an enabling work ethos and culture, providing learning and development opportunities, creating a sense of community, allowing the freedom to experiment, offering enriching experiences and careers, as well as a sense of empowerment.
Quiet quitting tsunami: Can HR turn the tide on disengagement?
For any business to succeed, it is important to focus on how its employees feel about their work and workplace. To achieve this, it is imperative for the internal communications and HR teams to work in tandem, fostering a more productive workforce. While technology can serve as a powerful tool to improve engagement levels, technology alone is insufficient to revive employee enthusiasm. Employees must partake in physical activities, indulge in social interactions and support each other in creating a positive work environment. The managers have a significant role to play in managing the motivation and morale of the team. It’s important for them to stay connected, have regular conversations and address concerns in a proactive manner.
Open communication between employees and management further builds trust and fosters engagement by soliciting feedback, addressing concerns promptly, and establishing two-way communication channels. Employees are keen to engage in activities that contribute to the society.
This article is sponsored by Thomas Assessments
43 leaders predict the upcoming trends for 2024. To download the e-copy click here