Hi, I'm Michael Hyatt.

And I'm Megan Hyatt Miller.

And this is Lead to Win, our weekly podcast to help you win at work and succeed a life.

And we want to talk about in this episode how to hire great talent and how to retain it.

And Megan, that's particularly important at this time when it's really difficult to hire people.

And when it's so competitive out there and people

really do have options. So what is the secret to hiring great talent and retaining it?

Well, I think that people often focus on one or the other of these and they don't think

about how they go together. And I think battle number one is get the right people in the door,

and battle number two is create an environment that they want to stay in. And so I think that's

really what we're going to be talking about today, is how do you find and attract the right people?

And then how do you make them want to stay? How do you become the kind of organization that

nobody ever wants to leave on the

backside of that hire, both of which are critically important and have never been more challenging

than they are in this market right now?

Well, I think it's easy for business owners and leaders to think this is mostly about compensation.

You know, in other words, if we want to attract great talent, we've got to be willing to pay for it.

We've got to step up to the plate. We've got to pay above market if we're going to get the right people. The problem with that is if you do

that, yes, you might attract the right people, or you might attract some people, but you may not

retain them because there are some things that are more fundamental, some things that are more

essential than compensation. And I would start with having a purpose that people can align with.

You know, especially for younger generations,

...