Tags: retention

Professor William Scott-Jackson, Director, Centre for Applied HR Research, Oxford Brookes University Business School argues that effective talent management requires a clear understanding of the organisation’s strategic priorities

Training is almost as important as salary increases for IT professionals, an expert has claimed. Alex Farrell, managing director of the IT Job Board, pointed out the increasing importance of technology to businesses and said professionals in the sector are now often included at board level. Mr Farrell also noted that organisations have been forced…

Workers who are concerned about job security in the current financial crisis can be encouraged by employee reward schemes, according to a recognition provider. Businesses can hold onto their staff by providing them with incentives which do not have to cost the company a lot of money, Michael C Fina says. According to a survey…

Employee health costs increased last year but employers are still keen to offer healthcare benefits to their staff, new research has revealed. According to a survey by the consulting firm Mercer, over half of companies across Europe reported increased costs of around five per cent per employee in 2007. As a result, around 5.3 per…

Allowing employees to use and develop their skills is the key to keeping them happy and improving retention, according to the Trades Union Congress (TUC). Nigel Stanley, head of campaigns at the union, said employees are likely to be more content if, along with fair pay, they are given the opportunity to put their talents…

Employers are being urged to provide more opportunities for young people to take part in work experience placements. According to a survey carried out by the careers advice website b-live, three-quarters of employers believe work experience makes young people more employable. However, just 18 per cent of those questioned said they offer adequate work experience…

Effective staff training programmes can lead to stronger sales and better retention, according to the cosmetics company Lush. Staff trainer Lisa Titcomb and retail director Liz Bennett said bad training can de-motivate employees and cause damage to the brand. "When people are trained to a high quality they feel invigorated, motivated and have a desire…

Employers are being urged to tailor their retention strategies to different age groups in order to ensure they are able to hold on to the best talent. According to new research from MRINetwork, younger workers at the beginning of their careers are one of the most challenging groups to keep hold of. Dubbed ‘hummingbirds’ because…

Employers in the UK have been able to boost staff retention by investing in training, according to new research by the Learning and Skills Council (LSC). The National Employer Skills survey revealed that 42 per cent of businesses using the LSC’s Train to Gain Service have enjoyed increased profit margins. Improvements in productivity and staff…

Employers seeking to achieve high levels of recruitment and retention in today’s globalised world need to adopt cross cultural assessment strategies, new research suggests. According to a study by the human resources group Penna, almost six out of ten organisations do not have any means of effectively assessing workers from other countries. It revealed that…

One in every five UK employees feels frustrated in their job, according to new research from the global management consultancy Hay Group. A survey of over one million workers revealed that inflexible management structures coupled with poor support services are creating a negative working environment Half of those questioned said they felt they did not…

Apprenticeships offer one of the best means of training staff, according to one industry practitioner. Stephen Gardner, director of apprenticeships at the Learning and Skills Council (LSC), said that the retention of apprentices within businesses once they have completed their training is often higher than it is among the rest of the workforce. The expert…

Small companies can incur benefits by providing employees with private medical insurance (PMI), it has been claimed. According to Jonathan French, spokesperson for the Association of British Insurers (ABI), firms with a limited number of staff can be hit badly if one goes off on long-term sick leave. He identified two main factors behind businesses…

The majority of workers in Britain are unhappy about the level of pay they receive, a new study has revealed. Produced by Jobsite.co.uk, the research found that 70 per cent of employees questioned believe they will never earn their ideal salary in their current job, while 41 per cent stated they will keep moving roles…