Keeping talent from moving on, by creating pathways to move up
May 31, 2023
Uncovering and Cultivating Hidden Talent Series: Session 2 – Talent on the Move
Keeping and growing talent is key to any high-performing organization. But what can you do to keep employees from walking out your door for new opportunities?
An intentional effort to uncover and cultivate hidden talent will not only help employers take a significant step forward in addressing their talent needs but will help create much-needed economic mobility in our community.
Employers must learn to clearly articulate career pathways, map pathways for current and prospective employees, and become an employer of choice for entry-level talent.
This was the focus of the second session in our Uncovering and Cultivating Hidden Talent Series: Talent on the Move.
How do you get a new job seeker to view your opportunity as a career vs. a dispensable job?
Employers must be able to articulate and demonstrate viable and obtainable career pathways within the organization.
Many factors influence the need for an organization to embrace formal career paths and career ladders, including:
- Inability to find and recruit the right people for the right jobs
- Employee disengagement
- Lack of diversity at the top
- A multigenerational workforce
- Organizational culture change
The Talent Crunch
Perhaps the biggest selling point for creating formal career paths is the talent crunch.
A 2021 Verizon survey conducted with 2,001 female U.S. workers found 62 percent who plan to re-enter the workforce after the pandemic said they will look for a position in a field that offers more opportunity for skills development and advancement.
Challenges and Solutions
BNP gathered a panel of experts to discuss how to articulate and demonstrate viable and obtainable career pathways within your organization.
Panelists (Pictured above from L to R):
- Seth Piccirillo, Director of Economic Development, Buffalo Niagara Partnership
- Kelly Mullins, Director of Human Resources, Cobey, Inc
- Maureen Beauchamp, Buffalo Market HR Partner, Bank of America
- Grant Loomis (Moderator), Vice President, Government Affairs & Economic Development, Buffalo Niagara Partnership
- Thomas Beauford, Jr., President & CEO, Buffalo Urban League
The Panel Covered:
- How an organization can use career pathways to address key issues like turnover, culture, DEI, and multigenerational workplaces
- The impact of career pathways on attraction and retention, especially for young people
- The necessity, power, and competitive advantages of clearly outlining career pathways
- The challenges faced by employers when mapping and articulating career pathways
- The role of HR in developing and implementing career pathways
- An overview of BNP’s Career Pathways program
BNP members can watch the full video of this session in the member portal to benefit from all of the insights discussed.
This is the first in a 4-part series designed to help employers understand where to find talent and how to keep that talent for the long term.
Click here to register for Session 4: Shifting Workplace Norms | Wednesday, September 20 | 11:30 am – 1:00 pm
This series is made possible with the generous support of Bank of America.
The BNP organized a Capital Conversations event as part of our Government Affairs series to examine the workings of the H-1B program and explore potential reforms that could strengthen our regional economy.
Uncovering and Cultivating Hidden Talent Series: Session 3 – Talent Hiding in Plain Sight
Buffalo Niagara Partnership (BNP) team members were selected to participate in two nationally recognized programs to advance Employ Buffalo Niagara and the chamber’s workforce and talent initiatives.
Uncovering and Cultivating Hidden Talent Series: Session 1 – Next Gen Talent
As employers, we all know that the job market has changed, which makes it harder to hire and retain quality employees.