Calling all Innovative Talent Managers
January 29, 2017 | huupe
Two of the most important drivers of growth in
modern economies are the development of Human Capital and health. Despite this,
less than 14% of companies have successfully implemented employee
development and engagement strategies, and even fewer are paying sufficient
attention to employee health.
The impact of this under-investment to many
companies is profound, resulting in…
poor employee satisfaction
low employee retention rates
inability to attract new talent
In 2015, the cost of employee turnover to US
companies was $11 billion, and a recent Thomson Reuters Workforce
Wellness Index estimated that the annual average cost associated with
sub-optimal health was $670 per employee.
So it’s understandable that, for economic reasons
alone, businesses are starting to recognize the importance of investing in
people and taking specific actions towards helping them grow as professionals,
while also encouraging them to live healthier professional lives.
For companies to continue to thrive, traditional
approaches to managing and nurturing talent must change at an alarming pace,
and they must address each employee’s individual reality. Tailored career
management for each employee is the only way to embrace each individuals’
personal ambitions, motivations and wellbeing.
Companies with engaged employees outperform those
without by over 200%
Technology, data and science are the key
enablers, and can solve the challenge of tailored career management, whilst
also providing significant benefits to employers embracing the opportunity. The
benefits are immediate and considerable; companies with engaged employees
outperform those without by over 200%.
“highly engaged employees are 38% more likely to
have above-average productivity”
A recent study from Workplace Research Foundation
shows that “highly engaged employees are 38% more likely to have above-average
productivity”. With that in mind, it follows that a career management platform
to enable the right discussions, at the right time, with the right frequency,
will lead to a significant increase in employee engagement.
At huupe, we’re building the first personal and
professional development platform, designed to help employees and employers manage
and nourish individuals’ careers. We strongly believe Product Management is at
the heart of all good businesses, and we’re actively seeking partners who are
interested in engaging in a pilot project.
We’re focused on innovative companies, with an
‘early adopter’ approach to talent management. If you manage talent, are a
human resources leader, a people strategist, or just believe we can add value
to your business, then email or call me for more information and to discuss in