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The coronavirus pandemic has forced business executives to anticipate and adapt to change—while navigating talent shortages and a shaky economy. And,while promises of cushy perks and pay are often used to compete for top talent— some employers struggle to develop and retain new hires.

How Talent Development Makes a Positive Impact on Your Business is an article written by, Jori Hamilton for online publication, Talent Culture. She offers the following tips on employee development:

Performance
Talent development is not only the key to retaining employees; it can also be instrumental in improving performance. This doesn’t just mean that your attention to their growth results in greater productivity — although that certainly occurs by acquiring new skills and understanding of productivity techniques. However, when your employees see you’re making efforts to support their growth, they tend to be more engaged with the efficient operation of the business. 

Innovation
One of the main errors a business can make is becoming stagnant. In the digital age, the world frequently changes. That often means that to retain the competitive edge, we must innovate. Talent development can introduce employees to new skills and new ways of thinking about the challenges they face – and overcoming them. As such, it is an essential element in building a sustainable culture of innovation within your company.

Company Insight
Provide them with opportunities to better understand the company; what it’s good at, and the not so good. This can include shadowing leadership, attending meetings, and being encouraged to ask questions (and being given honest answers). This helps the growth of new corporate operations skills and incentivizes deeper engagement within the company. 

Diversity
Innovation requires access to multiple perspectives and experiences. Studies show that companies that prioritize diversity tend to perform better than their more monocultural competitors. So, your talent development program must commit to nurturing diversity. Undoubtedly, part of this approach is ensuring a range of voices has opportunities to work with you. However, it’s also about encouraging those in the program to value diverse perspectives and adjust their own viewpoints accordingly. 

Curiosity 
Helping employees follow their curiosity, both within and outside of the business, is a cornerstone of talent development. Give employees opportunities to train with other departments and company time to work on personal projects. Add coaching to ensure employees feel guided and supported. By giving them space to explore and experiment, and encourage them even when they fail, you provide the tools necessary to contribute to innovation — and the confidence to experiment.

Loyalty
One of the greatest assets for any business is loyalty. Employees who feel connected to and supported by their company are more likely to stick with them in the long run. Loyalty isn’t about simple retention, though; it also means a dedication to the company’s ideals and becoming leaders who embody them. Employee development helps to both guide this process and reinforces the reasons why they should maintain their commitment. So, your talent development program must begin at onboarding. 

Bottomline: So, what’s the key to developing and retaining talent? When leaders open the lines of communication and address each employee personally it can help employees shape their learning and long-term contributions to the company, for the better.

To learn about ATS go to our website, where you can gain access to a product tour of our cloud HCM application. And, to reach us by phone, call 866.294.2467.

COVID-19 has taught the business world, that business strategies and plans should not be set in stone and instead they should adopt agility as the preferred business model. This means, HR professionals, in addition to their current workload, have to ensure the wellbeing of their workforce during the pandemic and help navigate the new normal.

As your employees return to work, companies must prioritize their well-being while adopting strategies— to meet the needs of the current working environment to keep operations running smoothly. ATSTimeWorkOnDemand Workforce Management Suite helps you create, and embody, a culture of caring while increasing productivity.

And, regardless of what your company’s “new normal” looks like, a safe and productive return to work—that includes pre-and-post-shift screenings, contactless time and attendance, and contact tracing—can safeguard your employees and give you the best opportunity to thrive in these unprecedented times.

ATSTimeWorkforce Management Suite will help you with:

Optimize Scheduling and Manage Absenteeism
Create a few what-if scenarios to determine when to re-open based on social distancing guidelines, and demand requirements.

Make use of updated federal, provincial and local payroll and labour compliance— within ATSTimeWorkOnDemand to give employees the freedom to manage personal responsibilities— while meeting their work obligations, through leave management.

Contactless Data Capture
To minimize risks associated with shared data collectors, ATSTimeWorkOnDemand Suite supports multiple contactless time clocks clocking, including; proximity, face and IRIS Scan and mobile technology.

Managing Remote Work
The current pandemic has forced many employees to work from home and companies across the world have transitioned their employees to work virtually to support physical distancing efforts. With ATS Employee Self-Service options, employees can request time-off and punch in/out from a mobile device or PC.

The world has changed, with the current pandemic and it’s going to keep changing. ATSTimeWorkOnDemand helps your workforce adapt, evolve, and win by working more effectively within it. Spend less time focused on tasks and more time focused on strategy. Turn data into smarter decision making, and use modern technology to create experiences your employees will love.

About ATS
ATS offers a broad portfolio of time and attendance solutions that streamlines the collection, calculation, and reporting of employee hours for workforce management and eliminates the manual tasks of payroll preparation, increasing efficiency and reducing errors in corporate payroll departments.

Thousands of organizations across North, Central and South America and Europe- including more than half of the Fortune 500 – use ATS TimeWork OnDemand, Workforce Planning, Employee Scheduling HR and payroll solutions to manage their workforce.

In addition, ATS provides modular analytic solutions that includes; workforce planning, benefits management, employee self-service, business intelligence, human resources, payroll, and advanced analytics based on a robust cloud computing platform for information and data needs. It also offers design, rapid deployment, support services, software updates, and enhancements; and consulting and training services.