Read Aloud the Text Content

This audio was created by Woord's Text to Speech service by content creators from all around the world.

Text Content or SSML code:

Hello everyone, this is Hadeer, Nouran and Laila, biomedical engineering students at Cairo university and we are team Trio. Today we are going to present to you our solution for the case study of vantage 2022, but before going into the details of our approach and solution, let’s talk briefly about the problem. The problem we are addressing is the talent war and how many organizations struggle to attract, develop, and retain talent. Especially after the phenomenon called the great resignation arised, where employees now tend to leave their jobs at rates higher than before. Well why is this something important? Why do organizations want to retain their employees? A lot of time and effort goes into the recruitment process and then the on-boarding and training of employees, having to do this over and over can be very costly. Companies would really benefit in retaining their talents as long as possible. So why do employees leave their jobs? We thought that this question is a good start in approaching our problem. What are the main causes that drive employee turnover? There are many drivers, and after we did our research, we found these 6 reasons to be the most common. The salary, it not being suitable to the workload given to the employee or even not matching their years of experience and market average. Work-life balance, an employee bringing their work home or having struggles with the workload that it affects their personal life. Career path, an employee can face problems like having an ambiguous career path, or a ceiling that they can’t go further in their career, or even wanting to shift their career to another one. Management, we all heard about bad managers and how it can be a dealbreaker for an employee. Processes, slow or non-automated processes really hinder an employee and discourage them. And lastly diversity, where an employee feels excluded or having their voice unheard.