HR encouraged to 'up its game' to attract, retain talent

HR needs to "up its game" as the days of attracting talent using hefty salaries are fading fast, according to a paper from Frontier Software.

"Compensation remains important, but today's workers seek a holistic package that prioritises wellbeing and individual aspirations," the paper reads.

Among the offers HR leaders could provide to lure talent are flexible work arrangements.

"Remote, hybrid, and compressed workweeks are no longer perks; they are expectations. Offering flexible options caters to diverse preferences and promotes work-life balance, a key driver of employee satisfaction," the paper reads.

Another offering that HR leaders could provide are robust wellness programmes, which may include subsidised gym memberships, mindfulness workshops, and Employee Assistance Programmes (EAPs).

Frontier Software also recommended offering career development opportunities.

"Stagnation breeds apathy. Providing clear pathways for growth through internal training programmes, mentorship opportunities, and tuition reimbursement demonstrates commitment to employee development and fuels long-term engagement," the report reads.

Internal mobility

HR leaders should also look into talent within the organisation, according to the paper. Some key strategies to execute this include targeted training programmes that are tailored to specific skill gaps identified within the organisation.

They also need to map career paths and establish career progression opportunities within the organisation, where training opportunities and required skills for advancement are highlighted.

"Upskilling and reskilling existing employees not only bridges skill gaps but fosters loyalty and reduces acquisition costs," the report reads.

Other strategies to address the top challenges that keep HR leaders up at night are outlined in this new whitepaper from Frontier Software.