Retain Top Talent Instead of Hiring

In this article, Stacey Kole, clinical professor of economics at Chicago Booth, explains the ways in which you can retain top talent at your companies. Across the world companies let go of employees because of the pandemic. More recently, while many still remain out of jobs, hiring is still proving to be a challenge.

So retaining top talent is becoming increasingly important. In order to do this, the writer says true change with regards to processes is required. Employees need to know their voice is being heard and their concerns are taken seriously. The only way companies will survive and have a place in the future of the global market is if they innovate and refine their processes.