Focusing on Talent Development and Growth Opportunities is a Win-Win for All Parties

63% of employees say career paths and growth opportunities are the main reasons to stay with an employer. This is according to a 2022 survey by Remote of 544 companies. Employers who focus on talent development clearly have an advantage in the labor market. Byner helps agencies with this talent development.
Following corporates, we now see more and more secondment agencies strategically investing in this area. Talent development is not only essential to attract professionals, but it also provides opportunities to retain valuable talent and enhance their value.
USP in Recruitment
For secondment agencies, attracting the right professionals in a timely manner is crucial. To bind talent sooner than the large-scale recruiting corporates or agencies in this tight labor market, you need to offer something extra. Focusing on talent development gives you a Unique Selling Point (USP) in recruitment. Studies consistently place it in the top three reasons to choose an employer. The UWV even names it as the #1 differentiating factor in talent recruitment.
Professionals who enjoy working in secondment are not just looking for a good match in the short term. They want a work environment with enough challenges and opportunities for personal and professional growth. By investing in talent development, agencies position themselves as attractive employers and are better able to attract top talent.
61% of Highly Educated Young Professionals Change Employers Within Two Years
Retaining and Keeping Professionals
Secondment agencies spend a lot of time and resources recruiting new talent. But retaining professionals is just as important, if not more so. Talent development plays a crucial role in this as well. Employees who feel supported in their personal and professional growth feel more engaged with their employer.
This engagement leads to greater job satisfaction, more willingness to go the extra mile, and higher quality of work. Agencies that invest in the growth of their employees see direct benefits: higher employee satisfaction and greater loyalty. Satisfied professionals who feel engaged with their employer and its clients are less likely to look for new challenges and are less open to outside temptations. T
his means professionals are less inclined to job-hop, allowing agencies to build a stable workforce that continuously grows in quality. And don’t underestimate it… every professional who doesn’t leave doesn’t need to be replaced, onboarded, or trained. Count your savings!
Staying Relevant to Clients
Every professional who stays means savings on recruitment, marketing, and onboarding costs. These savings can then be reinvested in further development and training of your talent pool, creating a continuous cycle of growth and improvement. Standing still is moving backward.
To remain relevant to clients, you as an agency must continuously respond to and anticipate market developments. The same goes for your professionals. They need to be at the forefront and able to keep up with the latest trends and technologies in their field. Supporting your employees in their professional development and personal growth is therefore not only crucial for them but also for you as an agency. Only then will you be able to meet the long-term demands of your clients.
This ongoing learning process not only increases the employability of professionals but also enhances client satisfaction, ensuring they return to you with new assignments. This leads to long-term collaborations and a stronger market position for your agency.
Over 95% of Employees Who Want to Grow Do So with Another Employer
Financial Benefits
As evident from the above, focusing on talent development results in significant savings on recruitment, marketing, and onboarding costs. But there’s more. As your professionals grow and develop, they also increase their value in the labor market. This means higher employability and greater added value. Moreover, you as an agency can charge higher rates for their services. Investing in your people has a positive impact on your agency’s business results, enabling you to achieve higher margins and strengthen your competitive position. This makes talent development not only a strategic necessity but also a financially smart move.
Conclusion
Talent development is crucial for secondment agencies. By investing in the growth and development of their professionals, agencies can not only attract and retain top talent but also increase client satisfaction and improve financial results.
Get Inspired by Peers
Investing in talent development can be done in many ways and at various stages of the professionals’ journey. Curious how other successful secondment agencies implement talent development? Check out the webinar below and read the best practices from Welten and Calco.
Interested in how Byner’s technology platform can support you in this? Feel free to contact us. We would be happy to guide you through the various possibilities.