Retaining top talent is emerging as a big issue, but our organization can't rely solely on increasing salaries and bonuses to keep our best people. For one thing, our competitors are often larger and can offer more money. What steps could our not-for-profit take to increase the odds of retention? How do we adopt a total talent management strategy?Read More
Rather than enabling our employees to innovate, our management tends to stand in their way. They would rather exert tight-fisted control over employees. This makes for a work environment that isn't conducive for strategic innovation; we are unable to keep enthusiastic and talented people. How could I persuade management to drop its hierarchical approach so that employees are encouraged to initiate projects that help the company?Read More
Manager of talent management, Doosan Infracore Construction Equipment, Seoul, South KoreaRead More
Managing director, Charles Schwab & Co., San FranciscoRead More
Outfitting workers with well-suited age, ethnic benefits requires tailoring. Read More
General Motors has agreed to retain or create 6,400 jobs as part of $2.5 billion in planned product and plant investments under a new labor accord with the UAW. In a move to encourage GM to add jobs, the union and automaker negotiated new buyout offers of $10,000 to $65,000 to encourage long-time workers to retire and be replaced with lower-paid, entry-level workers.
Contrary to the sour economic mood, employers are giving salary increases averaging 3.1 percent in 2009, while only 10 percent of employers are freezing salaries of their workers, surveys conclude.Read More
Employers can expect a struggle trying to keep young talent for the long haul, as 61 percent of survey participants say they will stay at their first job for less than three years.Read More
Two reports released November 17 put hard numbers on the degree to which workers today are discontented in the wake of company decisions to cut staff, freeze salaries and take other steps during the recession of the past year.Read More
What best practices do today’s top organizations use to retain their call/contact center staff?