Eric Taussig Of Prialto On The Labor Shortage & The 5 Things We Must Do To Attract & Retain Great Talent

An Interview with Phil La Duke

Measure and report employee retention. It sounds obvious, but not all companies pay attention to retention numbers, and we all know you cannot manage what you do not measure. Set targets and reward teams for reaching retention goals. At Prialto we measure employee retention every week and look for patterns and gaps in employee development.

The pandemic has allowed people to reevaluate what they want from work. This “Great Reevaluation” has led to the “Great Resignation” which has left the US with a great big labor shortage and a supply chain crisis. What can we do to reverse this trend? What can be done to attract great talent to companies looking to hire? What must companies do to retain their great talent? If not just a paycheck, what else are employees looking for? In this interview series called “The Labor Shortage & The 5 Things We Must Do To Attract & Retain Great Talent” we are talking to successful business leaders who can share stories and ideas from their…