How to Solve the Talent Crisis with Talent Development
Employee disengagement is resulting in huge costs to companies — some estimates point to as much as 34% of disengaged employees’ annual salaries. And direct replacement costs can reach as high as 50%-60% of an employee’s annual salary, with total costs [associated with turnover] ranging from 90% to 200% of the yearly wage.” Talent, HR, and L&D professionals are feeling the pressure to keep their people from disengaging and leaving while also battling tightening budgets and bandwidth.
Our guide, How to Solve the Talent Crisis with Talent Development, offers new insights into how your L&D ecosystem can drive engagement, productivity, and retention.
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- Talent development tactics to combat low engagement and turnover.
- What employees across the generational spectrum value in L&D today.
- Why providing ongoing development opportunities for your people also supports organizational needs.
- How to engage your leaders to prioritize talent development for themselves and their teams.