How can I keep the talented people that I need in my business?

These days, forward thinking organizations are planning to respond to the predicted shortages of trained workers. Provinces are competing for these workers. How will your organization respond? Are your strategies competitive?

Did you know?

• In the next 20 years, 40% of new jobs in Canada will be in the skilled trades and technology sector.
• In 2015, 48% of the workforce will be between the age of 45 and 64.
• By 2020, Canada could be short by 1 million workers due to aging population and declining birth rates.

Studies by the Nova Scotia Government have predicted that the impact of an aging labour force on the supply of workers will be a serious concern. The resulting labour shortages will lead to higher wages with the possibility of in.ation and increases in interest rates which could trigger an economic slowdown. Certain sectors of the Nova Scotia economy are particularly vulnerable to workforce loss - health care, education, technology and the trades.

By providing Emotional Intelligence training to management and sta., your organization will have a defense against low productivity, sta. turnover and low morale. It is also the key to attracting and retaining valuable employees.

One of the most competitive strategies to attract and retain talented employees is to improve the climate in your organization. 'Climate' is how people feel about working in an organization. Improving corporate climate is a cost effective solution with a positive impact on your bottom line.

Leading expert on Emotional Intelligence, Daniel Goleman, says:

“The climate can account for 20-30% of business performance.
Getting the best out of employees pays off in hard results.
Approximately 50-70% of how employees feel about their
organization is the result of the actions of one person - the leader.
The leader creates the conditions that allow people to work well.”

Highly competent technical and/or performance-oriented sta. are most often promoted to management positions. These managers may not have received in-depth training in personal or social competence skills. This prevents managers from working with sta. to create a positive corporate climate.

The best investment organizations can make is improving corporate climate through Emotional Intelligence training for employees.

Columba Bay Training and Development has been providing Emotional Intelligence training to organizations in Nova Scotia since 2002 through our guaranteed consulting and training services. Our Emotional Intelligence training builds strong employee performance in organizations.

Call Carolyn or Elizabeth at Columba Bay to discuss how we can help you with your Emotional Intelligence training needs. We will be happy to discuss your situation by phone at no charge.