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Conquer the STEM staffing shortage with retention, not recruitment

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Summary

This article discusses the need for a vast, talented STEM workforce to ensure economic strength, national security and global competitiveness. It also outlines strategies and tactics that HR leaders can take to improve their organizations' ability to retain existing talent, such as investing in the best possible tools for the workforce, cultivating a positive company culture, and incorporating employee feedback. The article also touches on the importance of fostering a sense of company pride, gathering employee input and feedback, and providing tools to help managers better understand best practices and techniques to apply with their teams. Ultimately, the article emphasizes the importance of HR leaders sharing their successes and setbacks, in order to improve the professional lives of their communities.

Q&As

What are the current staffing challenges facing the U.S.?
The current staffing challenges facing the U.S. are a need for a vast, talented workforce in STEM-related fields to ensure economic strength, national security and global competitiveness, and a high national average turnover rate of 47.2%.

What strategies can CPOs take to improve employee retention?
CPOs can take strategies such as investing in the best possible tools for their workforce, cultivating a positive company culture, incorporating employee feedback, hosting retention workshops for people managers, and fostering a deeper sense of company pride.

How can HR leaders foster a sense of company pride among their workforce?
HR leaders can foster a sense of company pride among their workforce by involving them in companywide decisions, setting a tone of transparency and empathy, attending new employee orientation, and sending out weekly “Good News Friday” emails.

What initiatives have been successful in boosting morale among employees?
Initiatives that have been successful in boosting morale among employees include retention workshops, interactive online rewards and recognition tools, and a scalable and mobile-enabled intranet tool.

What technology can be used to help employees feel connected and collaborate effectively?
Technology that can be used to help employees feel connected and collaborate effectively includes a digital learning management system, an intranet tool, and video conferencing software.

AI Comments

👍 Janet Brewer's article provides an insightful look into the importance of retaining existing talent in order to combat the staffing shortage in the STEM fields. It provides an excellent overview of the strategies and tactics HR leaders can use to improve their organization's ability to retain talent.

👎 Janet Brewer's article fails to mention other strategies HR leaders can use to tackle the staffing shortage in the STEM fields, such as increasing wages and introducing more flexible hours. As such, it does not provide a comprehensive solution to the problem.

AI Discussion

Me: It's about how HR leaders can tackle the STEM staffing shortage through retention rather than recruitment. It suggests investing in the best possible tools for the workforce, cultivating a positive company culture, incorporating employee feedback, hosting events such as retention workshops for people managers, fostering a deeper sense of company pride, and investing in technology to help employees feel connected with one another.

Friend: That's a lot of great ideas. What are the implications of this article?

Me: The implications of this article are that HR leaders can make a big impact on the success of their organizations by taking action to improve retention. By implementing the strategies and tactics suggested in the article, organizations can increase their chances of recruiting and retaining qualified talent in STEM-related fields, as well as creating a positive company culture and fostering a sense of community among their employees. Additionally, investing in technology and developing initiatives that encourage employee collaboration can help organizations to stay competitive and make sure their employees are well equipped to do their jobs.

Action items

Develop a retention workshop for people managers to help them better understand best practices and techniques to apply with their teams.
Invest in the best possible tools for your workforce to ensure employees are equipped with the best technology to do their job.
Incorporate employee feedback into companywide decisions to foster a deeper sense of company pride.

Technical terms

CPO: Chief People Officer - A senior executive responsible for managing the human resources of an organization.
STEM: Science, Technology, Engineering, and Mathematics - A set of academic disciplines focused on the study of the natural world and the application of scientific knowledge to solve problems.
BLS: Bureau of Labor and Statistics - A government agency that collects, analyzes, and publishes data on the labor force, employment, and prices in the United States.
CHRO: Chief Human Resources Officer - A senior executive responsible for managing the human resources of an organization.
NEO: New Employee Orientation - A program designed to introduce new employees to the organization and its policies, procedures, and culture.
PwC: PricewaterhouseCoopers - A multinational professional services network.