Purpose in the Workplace: Retaining Talent Through Innovation, Engagement, and a Sense of Belonging
A surge in employee turnover and changing expectations in the workforce has made the pursuit of purpose in the workplace a priority. With an increasingly mobile workforce, retaining top talent has become a challenge that companies can’t afford to ignore. A study shows that roughly 70% of employees believe their sense of purpose is shaped by what they do at work. But what does “purpose in the workplace” actually mean? How can companies attract, engage, and retain employees in a world where purpose drives performance? How can they build a culture that fulfills the core needs of their employees, while also driving business success?
In this episode of Holistic Leadership, host Geoffrey M. Roche speaks with Claire Chandler, the President and Founder of Talent Boost, to explore the importance of purpose in the workplace. Together, they dive into why companies need to provide more than just a paycheck and how focusing on purpose can build stronger, more engaged teams.
Main points of conversation:
– Meeting Core Employee Needs: Claire outlines the four fundamental needs every organization must address to attract and retain talent: a reason to believe, a place to belong, space to innovate, and a future they can help shape.
– The Importance of Storytelling: Employees are more engaged when they feel part of a community that shares their values. Storytelling plays a key role in creating this sense of belonging and alignment with the company’s mission.
– Building a Purpose-Driven Culture: Purpose aligns business strategy with personal fulfilment, leading to stronger performance and lower turnover rates.
Claire Chandler is the Founder of Talent Boost, where she specializes in helping companies align their talent strategy with business growth. With a strong background in leadership development, organizational design, and HR strategy, Claire has worked with numerous organizations to align company culture with business growth strategies. She is an award-winning business advisor, a keynote speaker and the bestselling author of Growth on Purpose.
Article written by Marketscale.
