Retention of your critical talent is one of the top talent management concern in today's global economy. The true ROI of top talent isn't realized if that talent leaves. Add the significant cost of replacing talent to the loss of skills and institutional knowledge when top performers leave, and the importance of retention becomes even more manifest. These factors, coupled with the rapidly changing demographics of today's workforce as the Baby Boomer generation begins to leave in significant numbers and the Millennial generation makes its presence increasingly felt, demand that savvy leaders understand the dynamics of retaining talent and know how to manage talent with retention as a goal.
Recommended Retention Resources
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Faced with declining engagement and a challenging business environment, HP recognized the need to rethink its business strategy and revitalize its culture for the sake of shareholders and employees alike. In this HCI Keynote Highlights video, ...Read more
Millennials are entering the workforce at a steadily increasing rate. Experts project they will comprise anywhere from 35%1 to nearly half the workforce by 20142. At the same time, Baby Boomers and Traditionalists, whether by choice or financial ...Read more
The findings of a new Fierce, Inc survey have revealed that work/life imbalance is a real cause for concern among working women as 70% report being stressed and nerly 50% report experiencing health issues. As a result 20% of working women abandon ...Read more
In this exclusive HCI podcast for the 2014 Talent Pulse: The Dynamic Performance Appraisal research report, we talked to Dr. Michelle Brown, professor at the Department of Management and Marketing at the University of Melbourne, Australia.
In recent years, organizations have realized that employee engagement and recognition programs can have a strong impact on business performance. To reap these rewards however, organizations must ensure their employee recognition initiatives are ...Read more
In the modern workplace, let’s be honest, there are only 2 certain ways for communications professionals to clock out: retire or take a hammer to your phone! This is no surprise considering the impressive number of workers who find it nearly impossible to unplug from work, both at the end of their “work day,” and when they go on vacation.
It's only natural that we seek a sense of belonging in our neighborhoods because our home is a place where we not only seek shelter and safety, but a place where we hope to live the life we envision for ourselves and for those dear to us. But what about in our organization? In the places where we work? How many of us try to engender and nurture a sense of community among the people we lead and work with? Shouldn't there also be a drive to create the kind of environment where we not only collectively succeed, but thrive?
These are testing times for organizations and those that lead them. Recession and economic turmoil in some parts of the world, and rapid growth in others, have changed the rules of business.
It’s become increasingly clear that ...Read more
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