Recruitment doesn’t stop after a new hire’s first day on the job. Employers need to continually nurture employees so that top recruits stay loyal and engaged. This especially pertains to Black, Latino, Asian, American Indian, female and LGBT staffers and employees with disabilities who can feel ostracized or as if they “don’t fit in.”
Data fromThe Fair360, formerly DiversityInc Top 50 Companies for Diversityshows that those with the best retention rates keep a heavy focus on talent development and promotion. But how can you best leverage your current resources to attract, retain and promote the best talent from all groups
Best Practices: Talent Development reveals the common top five strategies, which include the effective use of employee-resource groups, cross-cultural mentoring and compensation reviews.