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You are the head of global talent management for a multinational company. The company is experiencing a high turnover rate among its international employees,
You are the head of global talent management for a multinational company. The company is experiencing a high turnover rate among its international employees, particularly those from diverse cultural backgrounds. Develop a plan to improve retention among the company's international workforce. Your plan should include the following: 1. Cultural assessment: Conduct a cultural assessment of the company's international workforce and identify key cultural differences that may be impacting retention. Consider factors such as communication styles, work-life balance, career development, and leadership styles. 2. Retention strategy: Develop a retention strategy that takes into account the cultural differences identified in the cultural assessment. This may involve providing career development opportunities that are tailored to the needs and expectations of diverse cultural groups, promoting work-life balance initiatives, and providing leadership training that is sensitive to cultural differences. 3. Diversity and inclusion initiatives: Develop diversity and inclusion initiatives that promote a more inclusive workplace culture and help international employees feel valued and supported. This may involve creating affinity groups or mentorship programs that connect employees from similar cultural backgrounds, as well as training programs that promote cultural awareness and sensitivity among all employees. 4. Communications strategy: Develop a communications strategy that is tailored to the cultural preferences and expectations of diverse cultural groups. This may involve using different communication channels, adapting messaging to local cultural norms, and providing language and translation support. 5. Metrics and evaluation: Develop metrics and evaluation processes to monitor the success of your retention strategy and adjust your approach as needed. This may involve tracking employee engagement and satisfaction, turnover rates, and diversity and inclusion metrics. Your assignment should include a written report outlining your retention strategy and supporting plans, as well as a presentation summarizing your key findings and recommendations. Be sure to use relevant data and research to support your recommendations.
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