CPHR Alberta Magazine - Spring 2018 - 21

true when we are at the bottom of
an economic decline. However, as
the economy starts to bounce back
and things begin to hum again; top
performers may take the chance
to jump. In many cases employees
feel like they were asked to do more
with less and so may be disgruntled.
Many have had no salary increases
over the last two years, or worse,
have taken cut backs. Perhaps
they've lost some of the benefits or
perks they once had.
A lousy job market likely just
delays an unhappy employees'
departure until the economy
bounces back. There will be a
demand for talent as organizations begin to hire again and it will
become an "employee's market". So
here are just a few things you can
do to retain top talent ahead of the
job market picking up.
* Communicate openly and honestly. Just as you've been doing
(I hope) during the recession you
need to keep the communication
going as the organization begins
to rebound. What's going on in
the business? What's the short
and mid-term plan? Are things
such as my salary and benefits
going back to where they were

before the downturn? The phone
is starting to ring again. Does
that mean we're all clear? Listen
to their questions and concerns
and address them head on.
* Recognize them for sticking it
out. Be sure you say 'thanks' and
acknowledge that it's been a tough
couple of years. It doesn't have to
be costly recognition but it needs
to be authentic and meaningful.
* Identify your critical folks and
ensure you have a plan in
place to keep them. If they are
critical because they have potential and you are grooming them
for a new role down the road
try creating a development plan
for them. If they are critical
because they are a top performer,
be sure you look at their salary.
You can also give them some leadership or mentorship accountability so they can share their
expertise. Either way, let your
critical people know you haven't
forgotten about them.

Rising premiums
for employee
health & dental
benefits getting
you down?
Have you considered
fixed price alternatives
to insured plans?
A Private Health
Services Plan (PHSP)
lets you pre-determine
the annual costs,
so you can budget
confidently into
the future.

Deanna Hunter is the owner of Ridgegate
Consulting, based in Calgary. With over
20 years of experience, and a strong
network, she has the know-how to tackle
any HR problem.

Entrepreneurs. Researchers. Game-changers.
A little creative thinking can go a long way, even in the world of business.
Because it's not just about the bottom line-it's about having a positive impact.
An education in business at MacEwan University means our graduates become
the next generation of engaged business leaders well-versed in ethical business
practices and responsible leadership.

Learn more about MacEwan University's School of Business at
MacEwan.ca/Business.

894393_MacEwan.indd 1

239 Midpark Way, Suite 210,
Calgary, Alberta, T2X 1M2
Toll Free: 1-866-959-7483
Email: info@BrockHealth.ca

www.BrockHealth.ca
12/12/17 11:34
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AM CPHR Alberta
1

Magazine | Issue
1 | 21
04/10/16
8:28 pm


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Table of Contents for the Digital Edition of CPHR Alberta Magazine - Spring 2018

Leadership Matters
Changing Demographics – Is Your Succession Plan Still Relevant?
HR’s Moving Target: Why Our Approach to Change Needs to Change
How to Build Your Dream Team
Alberta Hiring Confidence Index
Retain Top Talent as the Economy Recovers
Three Strategies to Support Work-Life Blending
Do Your Employees Know Your Company Goals and Values? It’s More Important Than You Think
Index of Advertisers/Advertisers.com
CPHR Alberta Magazine - Spring 2018 - Intro
CPHR Alberta Magazine - Spring 2018 - cover1
CPHR Alberta Magazine - Spring 2018 - cover2
CPHR Alberta Magazine - Spring 2018 - 3
CPHR Alberta Magazine - Spring 2018 - 4
CPHR Alberta Magazine - Spring 2018 - 5
CPHR Alberta Magazine - Spring 2018 - Leadership Matters
CPHR Alberta Magazine - Spring 2018 - 7
CPHR Alberta Magazine - Spring 2018 - Changing Demographics – Is Your Succession Plan Still Relevant?
CPHR Alberta Magazine - Spring 2018 - 9
CPHR Alberta Magazine - Spring 2018 - 10
CPHR Alberta Magazine - Spring 2018 - 11
CPHR Alberta Magazine - Spring 2018 - HR’s Moving Target: Why Our Approach to Change Needs to Change
CPHR Alberta Magazine - Spring 2018 - 13
CPHR Alberta Magazine - Spring 2018 - 14
CPHR Alberta Magazine - Spring 2018 - 15
CPHR Alberta Magazine - Spring 2018 - How to Build Your Dream Team
CPHR Alberta Magazine - Spring 2018 - 17
CPHR Alberta Magazine - Spring 2018 - 18
CPHR Alberta Magazine - Spring 2018 - Alberta Hiring Confidence Index
CPHR Alberta Magazine - Spring 2018 - Retain Top Talent as the Economy Recovers
CPHR Alberta Magazine - Spring 2018 - 21
CPHR Alberta Magazine - Spring 2018 - Three Strategies to Support Work-Life Blending
CPHR Alberta Magazine - Spring 2018 - 23
CPHR Alberta Magazine - Spring 2018 - Do Your Employees Know Your Company Goals and Values? It’s More Important Than You Think
CPHR Alberta Magazine - Spring 2018 - 25
CPHR Alberta Magazine - Spring 2018 - Index of Advertisers/Advertisers.com
CPHR Alberta Magazine - Spring 2018 - cover3
CPHR Alberta Magazine - Spring 2018 - cover4
CPHR Alberta Magazine - Spring 2018 - outsert1
CPHR Alberta Magazine - Spring 2018 - outsert2
CPHR Alberta Magazine - Spring 2018 - outsert3
CPHR Alberta Magazine - Spring 2018 - outsert4
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