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Employee Engagement: What GE Does to Retain Top Talents

Nancy Martin, an SU alumnae and the Manager of Technology Leadership Development at the GE Global Research Center, was invited to speak at the Whitman School of Management at SU Tuesday. Nancy plays an important role of retaining the top talents of GE and is responsible for creating, teaching, and running global education programs for the company’s technologists. Her topic was about employee engagement.

Employee engagement becomes more important than before because the market value of many stocks went down dramatically during the recession, which makes stock options no longer an effective way to retain top talents. Now that the economy is heading to the right direction, companies might find their top performers leaving for another company/competitor if they fail to engage with their employees. So, what can companies do to keep their top talents? According to Nancy, here are the nine questions that GE considers: 
  • Are employees working with the best people in the field?  
  • Does the company offer competitive compensation?  
  • Is the company a growing market leader?  
  • Does the company provide sufficient recognition and career development opportunities for employees?  
  • Are employees working in a supportive environment and able to maintain their life style?  
  • Does the company offer prestigious work to employees (e.g. business trips and networking with clients)?  
  • Are employees working for a well-known brand (the company itself)?  
  • Is the company the “right fit” for employees? 
Companies need to actively engage with their employees now before it is too late. What do you think of these suggestions? How do you engage your top performers?

References:
Picture was downloaded from the Prague Insider via http://pragueinsider.org/?p=1562

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