Start Your Growth
  • What are the benefits of tapping into Alumni Talent?

    In the battle for quality talent, there is a danger of settling into the status quo of ho-hum maintenance and recruitment, both of which can be time-consuming and costly. The way to combat this is to become more inventive and engaging with the workforce around you. Not doing so almost guarantees losing valuable employees and then working to replace them with no guarantee of getting an equally valuable person to fill the abandoned slot. 

    Retaining and developing the talent within your organization is really the preferred option. But, let’s face it, there are simply times when employees leave and retention is outside the organization’s ability to keep them. So, what’s the next best thing? 

    Simple, maintain the relationship with your company’s alumni. Use an alumni engagement program to network and possibly attract back the talent which you already invested in. By doing so, you have a way to get the knowledge and skill sets back into your company. Knowing and accepting that employees will leave, what steps can you take to keep doors open to their return?

    1. Environment – Having a good work environment can not only keep employees, but it can also bring them back. Ask yourself, “How can our work environment be tweaked to not only play a vital role within the organization now but also to maintain future relationships?” A couple of ideas would be to encourage mentorships, skill development plus personal growth opportunities and company events/socials where friendships can be cultivated. Then, if and when employees leave, you have valid reasons to continue to stay in touch with them.

    2. LearnHow do you treat leaving employees? Are you tapping into the wonderful chance to learn from your exiting employees?  Wise employers welcome the honest feedback and insight that can be gathered from leaving employees. Why are they truly leaving? What could you have done to have kept them? Be humble, cordial and supportive of their decision but look for where you can make your company better. Doing so makes them feel appreciated and tells them they have a possible door open should they ever wish to return.

    3. Keep Engaging – Engaging employees through employee reward programs or employee loyalty programs is a great way to keep them. But, what about after they leave? Not doing so is essentially like leaving money on the table. Think about it this way, as people are increasingly switching companies, they are also gathering valuable insights and experiences. If you engage them as they’re leaving and insert them into an alumni engagement platform, you’ll be able to keep an eye on their skills, their success, and perhaps even where they are located so should the possibility arise, you can win them back. 

    Hopefully, it’s apparent by now that former employees can be essential for maintaining a bench of talented people with needed skills, solid working patterns/ethics and a desire to grow. But, it also a great way to build a knowledge network, positive brand exposure, and a source of qualified alumni referrals. The good news is there are available alumni tools which can intelligently automate the entire process and make it easy to nurture your talent and support them even if they off-board. So, enhance your company today and tomorrow by making use of the right tools to get the talented pool back and possibly not even lose them in the first place.

Related Posts

7 Ways to Reduce Patient Attrition and Maximize Retention

  Are you facing patient attrition in your healthcare practice? Most of the ambulatory services provider will acknowledge the fact of patient attrition. It is a common phenomenon in the healthcare domain. However, with a robust strategy and implementing a Patient Loyalty Program, you can reduce Patient Attrition and Maximize Patient Retention.  Initially, the healthcare […]

Nov 14, 2018

Customer Loyalty is a Strong Gateway for Long-term Success of an e-Commerce Business

  Today, a large number of online business owners are giving importance to customer loyalty and customer retention to increase their client base, earn huge profits and accomplish massive sales. Customer loyalty refers to the willingness of a customer to make purchases from or perform their tasks with a particular brand repeatedly. For this, e-commerce […]

Nov 14, 2018

7 Exclusive Ideas for your next Corporate Alumni Event

  It is the Corporate Alumni Events that certainly keep your alumni associated with their former organization as well as with each other. Along with it, an Alumni Engagement Program further boosts the association with former employees. Here we will talk about some exclusive alumni event ideas:   Golf Tournament Golf is a wonderful way […]

Nov 10, 2018