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	<title>global talent shortage Archives - CEO Medium</title>
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		<title>Enhancing Employee Retention and Engagement Through Mindset </title>
		<link>https://ceomedium.com/enhancing-employee-retention-engagement-mindset/</link>
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		<dc:creator><![CDATA[John]]></dc:creator>
		<pubDate>Mon, 19 Jun 2023 19:57:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[communication]]></category>
		<category><![CDATA[company culture]]></category>
		<category><![CDATA[employee absenteeism]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[global talent shortage]]></category>
		<category><![CDATA[individual growth]]></category>
		<category><![CDATA[loyalty]]></category>
		<category><![CDATA[mental health]]></category>
		<category><![CDATA[mindset]]></category>
		<category><![CDATA[mindset coaching]]></category>
		<category><![CDATA[physical health]]></category>
		<category><![CDATA[productivity]]></category>
		<category><![CDATA[recruitment costs]]></category>
		<category><![CDATA[self-limiting mindset]]></category>
		<category><![CDATA[sick leave]]></category>
		<category><![CDATA[team members]]></category>
		<category><![CDATA[team-wide mindset change]]></category>
		<guid isPermaLink="false">https://ceomedium.com/?p=8828</guid>

					<description><![CDATA[<p>Given the ongoing global talent shortage, employee retention has become increasingly crucial for businesses across the board. While recruitment costs have always been a consideration, the current inability to easily replace lost staff places greater emphasis on the need to keep existing team members engaged. Engaged employees not only exhibit higher productivity but also demonstrate increased loyalty and [...]</p>
<p>The post <a href="https://ceomedium.com/enhancing-employee-retention-engagement-mindset/">Enhancing Employee Retention and Engagement Through Mindset </a> appeared first on <a href="https://ceomedium.com">CEO Medium</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Given the ongoing global talent shortage, employee retention has become increasingly crucial for businesses across </span><span style="font-weight: 400;">the board. While recruitment costs have always been a consideration, the current inability to easily replace lost staff </span><span style="font-weight: 400;">places greater emphasis on the need to keep existing team members engaged. Engaged employees not only exhibit </span><span style="font-weight: 400;">higher productivity but also demonstrate increased loyalty and are less likely to take sick leave. In fact, according to </span><span style="font-weight: 400;">a Gallup Workplace report, businesses with engaged employees experience up to 41% lower employee absenteeism. </span></p>
<p><span style="font-weight: 400;">  </span><span style="font-weight: 400;">However, improving employee engagement is no easy task. Building a sense of connection and loyalty that fosters </span><span style="font-weight: 400;">long-term retention and resilience within your organisation can be challenging, particularly when dealing with a </span><span style="font-weight: 400;">sizable workforce. So, how can you identify potential employee engagement issues before they escalate into serious </span><span style="font-weight: 400;">problems? The answer may lie in mindset. </span></p>
<p>Understanding the Relationship between Employee Engagement and Retention Employee engagement encompasses more than just your team member&#8217;s commitment to their roles and your <span style="font-weight: 400;">business; it also pertains to their interest in their work and their level of emotional investment. A disengaged </span><span style="font-weight: 400;">employee may not actively seek a new position, but most will readily consider one if the opportunity arises.  </span><span style="font-weight: 400;">On the other hand, engaged employees find both quantitative and qualitative value in their roles. They genuinely </span><span style="font-weight: 400;">enjoy what they do, feel they contribute value, and believe their employer values them in return. Engaged employees </span><span style="font-weight: 400;">often have a positive influence in the workplace, which can boost morale, thereby increasing overall team </span><span style="font-weight: 400;">engagement and significantly reducing employee turnover. </span></p>
<p><span style="font-weight: 400;">Recognising that individuals who are happy at work, enjoy their responsibilities, and have positive relationships </span><span style="font-weight: 400;">with their colleagues are more likely to remain in their roles is one thing. However, understanding how to </span><span style="font-weight: 400;">proactively support employee engagement to retain your top performers is an entirely different matter. </span></p>
<p><strong>  How Businesses Can Foster Employee Engagement </strong></p>
<p><span style="font-weight: 400;">  </span><span style="font-weight: 400;">The difficulty in addressing employee engagement stems from the fact that each employee is unique, with different </span><span style="font-weight: 400;">needs. Therefore, there is no one-size-fits-all solution. However, there are multiple approaches that can be beneficial. </span></p>
<ul>
<li><span style="font-weight: 400;">     </span><span style="font-weight: 400;">Building a Strong Company Culture: While company culture is often discussed, many businesses face a </span>disconnect between their stated core values and the day-to-day reality experienced by employees. Bridging this gap can restore employees&#8217; faith in the organisation, helping them feel that the brand&#8217;s ethos has genuine substance.</li>
</ul>
<ul>
<li><span style="font-weight: 400;">     </span><span style="font-weight: 400;">Encouraging Communication: Effective communication is a vital aspect of employee engagement. It is </span>impossible for an individual to feel valued if they do not feel heard. Providing employees with a voice and opportunities for open, two-way communication fosters a positive mindset, especially when accompanied by regular feedback, guidance, and positivity.</li>
</ul>
<ul>
<li><span style="font-weight: 400;">     </span><span style="font-weight: 400;">Investing in Individual Growth: Another crucial area impacting both engagement and the development </span>of a positive mindset is personal growth. By providing individuals with the necessary tools for success, including training and personal development opportunities, you convey the message that they are valuable to the business.</li>
</ul>
<ul>
<li><span style="font-weight: 400;">     </span><span style="font-weight: 400;">Prioritising Mental and Physical Health: In the past, mental and physical health were considered </span>personal matters, but we now recognise their impact on professional performance and how work-life influences overall wellbeing. Improved mental health support in the workplace can save businesses a significant amount annually. In 2022, 185.6 million working days were lost due to sickness or injury. By caring for employees&#8217; health, organisations not only enhance productivity but also improve engagement since individuals struggling with their physical or mental wellbeing cannot fully engage in their work.</li>
</ul>
<ul>
<li><span style="font-weight: 400;">     </span><span style="font-weight: 400;">Supporting Mindset Change: Mindset is a recurring theme in employee engagement. It is an area that </span>businesses often struggle to address, yet it permeates most aspects of our work and enjoyment. While mindset can influence employee resilience and be influenced by mental health, it also needs to be considered independently. Even the happiest and most enthusiastic employees can have mental barriers that hinder them from reaching their full potential. Mindset plays a significant role in our work and the satisfaction we derive from it, and it can be influenced by various factors, such as feeling valued within a team or managing stress levels.</li>
</ul>
<p><strong>How Shifting Self-Limiting Mindsets Boosts Collective Employee Engagement </strong><span style="font-weight: 400;"> </span></p>
<p><span style="font-weight: 400;">Our personal mindset plays a crucial role in our day-to-day lives, influencing every aspect of our actions, from how </span><span style="font-weight: 400;">we handle criticism to how we approach new challenges. While there is no universally correct mindset, a self-</span><span style="font-weight: 400;">limiting mindset can hinder our work and diminish our enjoyment of it. Mental barriers convince us that certain </span><span style="font-weight: 400;">things are beyond our capabilities, and the problem is that most of us are unaware of these barriers. </span></p>
<p><span style="font-weight: 400;"> </span><span style="font-weight: 400;">However, with mindset coaching, we can remove these mental blocks and unleash our full potential. At an </span><span style="font-weight: 400;">individual level, the impact can be profound, enabling the fulfilment of goals, uncovering hidden skills, and making </span><span style="font-weight: 400;">previously daunting scenarios—such as task completion, public speaking, and personal development—surprisingly </span><span style="font-weight: 400;">accessible. This, in turn, makes the workplace more fulfilling and work more engaging. On a team level, mindset </span><span style="font-weight: 400;">coaching holds transformative potential. When every employee is freed from the barriers that were unknowingly </span><span style="font-weight: 400;">holding them back, productivity, engagement, happiness, and loyalty all increase. </span><span style="font-weight: 400;">  </span></p>
<p><strong>Implementing Mindset Change </strong></p>
<p><span style="font-weight: 400;"> </span><span style="font-weight: 400;">Achieving team-wide mindset change requires a holistic approach. Businesses need to address a range of issues, </span><span style="font-weight: 400;">including those mentioned above: mental and physical health, company culture, communication, and employee </span><span style="font-weight: 400;">development. Mindset coaching can be a powerful tool, enabling the identification of individual and team-wide </span><span style="font-weight: 400;">challenges. Unless you understand the reasons behind employees&#8217; behaviours, finding effective solutions will be </span><span style="font-weight: 400;">elusive. </span></p>
<p><span style="font-weight: 400;">  </span><span style="font-weight: 400;">Employee engagement and retention are intrinsically connected. If your employees are not engaged, it is highly </span><span style="font-weight: 400;">unlikely they will stay with your organisation for the long term. However, once you grasp the power of mindset and </span><span style="font-weight: 400;">the importance of removing self-limiting mental barriers, you gain the ability to take control and support your teams </span><span style="font-weight: 400;">in accessing their full potential, thereby building engagement naturally and positively. </span></p>
<p><span style="font-weight: 400;">  </span><b>Lisa Collinson – Chief People Officer and UK Country Manager, </b><a href="https://thenextwe.com/en/" target="_blank" rel="nofollow noopener"><b>TheNextWe</b></a><b>:</b><span style="font-weight: 400;"> </span></p>
<p><span style="font-weight: 400;">With over 22 years of experience in people leadership, Lisa Collinson brings a background in HR strategy </span><span style="font-weight: 400;">development, implementation, and measurement. As an accredited coach, popular speaker, and presenter, she has </span><span style="font-weight: 400;">worked across various sectors throughout the UK, Europe, and internationally. Lisa specialises in supporting </span><span style="font-weight: 400;">businesses with change management, restructuring, and performance management, emphasising the study of </span><span style="font-weight: 400;">behaviourism, and understanding why people act the way they do. </span></p>
<p><span style="font-weight: 400;">  </span><span style="font-weight: 400;">Lisa holds the designations of FCIPD (Fellow of the Chartered Institute of Personnel and Development), a Member </span><span style="font-weight: 400;">of the Institute of Training &amp; Occupational Learning (MInstTOL), Applied Behaviour Analysis trained, an APMG </span><span style="font-weight: 400;">Change Management Practitioner, and a Member of the Institute of Leadership &amp; Management (MInstLM). </span></p>
<p><span style="font-weight: 400;"> </span></p>
<p>&nbsp;</p>
<p>The post <a href="https://ceomedium.com/enhancing-employee-retention-engagement-mindset/">Enhancing Employee Retention and Engagement Through Mindset </a> appeared first on <a href="https://ceomedium.com">CEO Medium</a>.</p>
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