Industry: High Technology
Location: Silicon Valley
Employees: 1200
Challenge
This pre-IPO company had now reached a size and scale where employees were asking the question “how can I continue to develop my skills and grow my career here?” The leadership team was concerned about retaining talent during a time of growth, expansion and a possible IPO launch. They also wanted to be able to hire great new talent but had to compete with the larger employer brands in the valley.
Talent Evolve Solution
- Talent Evolve was brought by the Chief People Officer of this company to design, develop and help implement a strong Career Development and Internal Mobility (CDIM) program in order to ensure career growth for its current employees, retain key talent and attract the best external talent.
- Our solution included a career value proposition that articulated the company’s philosophy on Career Development, the CDIM solution itself and supporting processes to facilitate career moves.
- The CDIM program helped balance individual career development needs with the needs of the organization, integrated the company’s existing core values and reinforced important attributes of the unique company culture.
Result
- 25% increase in talent retention within the first six months of program implementation
- Higher satisfaction score by employees in regards to career opportunities within the company
- Increased ability to attract top talent from the outside as measured by the profile of the experience and background of candidates recruited
