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Retaining
Top Talent
As we seem to be slowly moving
out of this very serious economic recession, the issue of attracting and
retaining top talent is moving up our list of Human Resources issues
facing our organizations. Perhaps cutbacks have created the need to do more with less.
Maybe you have lost talented people to competitors. Our own research
shows that there is a huge population of employees who have been afraid
to make an employment change the past couple of years who are primed and
ready for new opportunities.
Ten thousand people are turning age 65 every day beginning in 2011 as the
first Baby Boomers move more and more towards retirement or
semi-retirement and will be leaving the workforce. We know we must
compete for talented employees. Corporations that attract and retain the
best and the brightest employees achieve dominate market share and the
profits that go with it. Yet these intellectual assets can be difficult
to manage and they generally lack the loyalty to the employer that
previous generations demonstrated. Retaining top talent is the focus of
our April newsletter.
OI Partners - E. K. Ward &
Associates (Buffalo, NY)
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Six Proven Strategies to Keep Valuable Assets
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In the past,
from time to time, it has been harder to find and keep good employees
than it is to come up with new products. Could that scenario once again
be in our future?
Learn the
formula that will work for your company, and deliver a winning
strategy.
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Hire the Right People and Keep Them on Board
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Savvy business
owners are investing in techniques to keep good people on board.
Turnover of one person can cost a company 20 to 120 percent of that
individual's annual salary. This month's article has examples of both
traditional and innovative methods.
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Importance of Training on Employee Retention
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Is the grass
really greener on the other side? The story of four companies that
invested in human capital in the form of training and development shows
it yields high returns.
Learn what companies are doing to attract, and more importantly retain,
the top talent they've been fortunate enough to preserve during the
recession.
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