 Your Essential Guide to Hiring and Retaining Top Talent In 2024, the most critical challenge in a volatile job market will be hiring and retaining top talents to grow the business. What can you do to be more successful? Prioritize culture before hiring and afterward. Provide competitive compensation. Develop employee recognition programs. Emphasize work-life balance. Constantly talk about career progression. Create a safe environment. Engage in regular pulse-taking. Provide the freedom to innovate. Although not the primary factor influencing employee retention, salary is essential for many employees. It is critical to promote the idea that well-rested employees are more productive and engaged, as well as to support proper working hours, discourage persistent connectivity outside of office hours, and promote regular working hours. Salary evaluations, promotions, and responsibility remits must be accompanied by open, clear talks that emphasize an employee's worth and potential.