Insights & Ideas

Want to keep your talent happy in 2023? Start here.

Here are our top tips for talent management in 2023.

When it comes to talent management, the last few years have been full of disruption, experimental working environments, talent shortages, and general ups and downs. Luckily, today, the talent market seems to be settling into a tentative new normal. But that doesn’t mean we can rest on our laurels. Talent is still your greatest asset.

So, how can you keep your talent happy in 2023? Here’s what we recommend:

Continue building connectivity within your team

No matter where your talent is—at the office, at home, or hybrid—make sure your team feels connected to the company in a meaningful way. Focusing on a company purpose, establishing an inclusive culture, listening to employees, responding to feedback, and encouraging team activities will keep everyone feeling like part of the team.
Read more: Strengthening team connections in a remote world

Be clear about your culture

A great culture unites diverse people behind a common cause—the success of your business and the difference their work makes. However, every culture is unique and evolving. Have regular check-ins with your team to ensure they understand the current cultural expectations and if those expectations need to change. Make sure leaders and managers take the lead in demonstrating the company values and creating an environment where everyone can thrive.
Read more: Culture shock: Rethinking workplace culture

Help leaders become change agents

As the workplace continues to evolve, leaders need to be change agents. Today’s most successful leaders forgo command-and-control leadership for a more nimble, collaborative, and compassionate leadership style. To make real change, leaders can’t focus solely on metrics—they also need to prioritize employee development and satisfaction. It’s not an easy transition for many leaders, so companies need to plan to support leaders through the process.
Read more: Want to be an effective manager? Stretch your management skills by focusing on flexibility

Keep an eye on legislative changes

There are a wide variety of expected legislative changes that might impact your workforce this year. The legislation on the table includes PTO, pay transparency, payroll taxes, non-competes, and more. Get ahead of the game. Prepare your team for the effects of any pending legislation in advance.
Read more: SHRM legislative state and local updates and U.S. news

Make communications consistent and efficient

There are so many ways to communicate with your colleagues these days—email, text, Slack, phone calls, intranet, in-person meetings, etc. When there are too many channels, employees get overwhelmed and important information can be missed. To make things easier, choose a few primary communication channels and be sure employees understand where to find the information they need.
Read more: Employee retention: Conversations that make a difference

Manage staffing carefully

After a year of hiring frenzies, we’re starting to hear about layoffs. In uncertain economic times, making staffing decisions is harder. Do you need a permanent hire?  Should you hire a consultant, instead? Consider partnering with consultants to  help you determine the right organizational design to meet the needs of your business.
Read more: Hiring consultants: The Salo guide

About Salo

At Salo, we match expert finance, accounting, HR, and c-level consultants with organizations that need their expertise. Whether you’re looking into consulting as a career option or need interim support, Salo is here for you. Connect with us today.

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Salo is now part of Korn Ferry

Salo connects senior finance, accounting, and HR professionals with organizations that need their expertise. Joining Korn Ferry’s Interim Executive & Professional practice enables us to continue our twofold, people-focused approach: connecting people with meaningful careers where they can make a positive impact and offering innovative and customized business solutions for clients looking to tackle big challenges. Together with Korn Ferry, we are committed to putting people first, to build a world that works better together.

Learn more at kornferry.com

Explore meaningful careers

Salo specializes in connecting finance, accounting, and HR experts with meaningful work. We know that being empowered to pursue work that matters means endless career possibilities. Therefore, we find roles tailored to your interests and goals, whether you want to advance your career, mentor and lead teams, innovate and collaborate with new partners, or work with clients of all sizes across industries. Find out how we can be your career partners.

Looking for a meaningful career? Learn more here.

Solve business needs

Combining Korn Ferry’s global reach with Salo’s customized client approach means we’re able to deliver world-class service to organizations of all sizes and in all industries. Because our people have functional backgrounds in finance, accounting, and HR, we have a holistic understanding of your business needs and challenges. Our pool of executive and professional talent is uniquely motivated to do the best work they can. No matter your business talent need, we are your trusted partner.

Looking for interim talent? Learn more here.
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