Hold On to Your Talent!

April 28th, 2010 by Steve Bogner

As the economy comes back and demand picks up, the pace of business activity quickens - and that leads to increasing demand for talented employees. This is typical of most economic recoveries, so most HR and IT leaders won't find this surprising.

A recent survey by McKinsey found that 30% of companies are increasing their focus on retaining their R&D talent in 2010, while 17% plan to aggressively pursue hiring from sources such as universities and competitors. Only 25% plan no changes in hiring at all. The survey didn't address other business functions, but I think it can be safely assumed that top talent in sales, management and manufacturing will also be highly recruited as the economy recovers.

Comments

Re: Hold On to Your Talent!

by jenniferruthbis - 07/04/2011 - 07:40

This is most important to all of us.

Jenni

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