5 Easy Ways To Retain Your Top Talent

As has been said many times - employees are the most valuable asset of any company. If your goal is a success, you need to have skilled and engaged employees. However, you also need to retain your top talent in your company. You invested in them, so you cannot easily let them go to your competitors, isn't it? However, retaining of talents is not an easy task. They know how much they are worth and expect to give them more than competitors would give them. Only in this way, they will stay loyal to you.

Here are five tips how you can retain your top talents.

Use transformational leadership style


A transformational leader supports employees, takes care of them and motivates them to follow him voluntary instead of forcing them to work what he says. He builds a culture of change and cooperation where all can freely express their ideas and thus contribute to the company's progress. He focuses the team building, talent development, and collaboration. If you are able to reach that, your employees will be satisfied and empowered, and thus loyal. They will recognize organizational goals as their personal goals and lead your company to success.

Empower your employees


Employees want to know that their voice is heard, that you care about what they need and want. If you allow them to participate in a decision-making process, they will be more motivated to contribute the company's high performance. Also, they will be willing to develop their skills in order to be more productive. The most important is that they will see themselves as the essential part of your company. Their answer to your effort to make them happier will be their greater engagement, loyalty and hardworking.

Encourage collaboration and creativity

If you want to retain top talent, you need to give them the opportunity to show their strengths and skills. Thus, make a creative working environment, encourage them to be innovative and productive. Allow them to collaborate between themselves in order to find the best solution to the problem. The result will be constant innovations that will accelerate the growth of your company. Furthermore, since you gave them the possibility first to prove to themselves and then to others, you allowed them to satisfy their self-achievement needs, which is very important for talented workers. They will know to appreciate that, and the final effect will be their loyalty and more productive work.

Reward employees' efforts

Talents want to be praised for their work. Of course, we all work for money, but recognition of their effort is more significant to them. Therefore, let them know that you are satisfied with their work, promote them, reward them and tell others that you appreciate their work. In this way, not only that you will retain top talents, but you will also motivate others to be like them. You will show them what you expect from them and what they will get in return.

Invest in employee development opportunities 

If you want to retain top talent, you need to invest in their development continually. Keep in mind that talented workers are the source of innovation. Therefore, motivate them to achieve high performance by giving them different opportunities for the constant personal,  professional development through training, feedback's, career development opportunities, and the like. Let them know that they are valuable to you and that you want to help them to progress in their careers. You can ask them what they want, what can motivate them to stay loyal, for example. Ask them how you can help them in their professional growth. Show them that you are interested in them personally. You can also include them in the mentoring of new employees. Thus, you will give them honor and acknowledge their skills.

Therefore, to retain your top talent, you need to create a stimulating working environment and recognize their work. You also need to allow them to develop their skills and progressing in their career constantly. In return, they will stay with you and will drive your business to success.