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New talent management research available from the Economist Intelligence Unit
Wanted to share this just released research with the HCI community. It is very detailed and shows a truly global view of how the economic turmoil is affecting talent management trends.
Link to executive summary and full report here:
http://stepstone.com/2008/?page=cold-war-for-talent
Summary:
Organizations around the globe are still grappling with recruiting and retaining talented employees despite the number of available workers growing daily as job losses mount worldwide, according to a major global research report of business leaders’ views released today by StepStone.
The Cold War for Talent, researched and prepared by the Economist Intelligence Unit, paints a picture of a very different job market from a year ago, with organisations recruiting talent for key posts on one hand while making redundancies on the other. Pools of retrenched workers are being scoured for top talent and benefits are being reworked to keep talented employees motivated and performing during a tough time.
Key statistics from the report which characterise the new employment environment include:
• 59 per cent of respondents agree or strongly agree that the slowdown presents an opportunity to streamline their business through redundancy
• 36 per cent of respondents said that in the next three years, redeploying talent will be an important strategy for their organisation in recruiting and retaining employees
• 42 per cent of respondents agree or strongly agree that they expect their organisation to actively target employees made redundant elsewhere in their sector
• 53 per cent of respondents agree or strongly agree that it is becoming increasingly difficult to recruit and retain talented employees
• 47 per cent of respondents said their organisation will improve training and development in the next 12 months to retain employees
http://stepstone.com/2008/?page=cold-war-for-talent
Would love to hear your take on the results.
Link to executive summary and full report here:
http://stepstone.com/2008/?page=cold-war-for-talent
Summary:
Organizations around the globe are still grappling with recruiting and retaining talented employees despite the number of available workers growing daily as job losses mount worldwide, according to a major global research report of business leaders’ views released today by StepStone.
The Cold War for Talent, researched and prepared by the Economist Intelligence Unit, paints a picture of a very different job market from a year ago, with organisations recruiting talent for key posts on one hand while making redundancies on the other. Pools of retrenched workers are being scoured for top talent and benefits are being reworked to keep talented employees motivated and performing during a tough time.
Key statistics from the report which characterise the new employment environment include:
• 59 per cent of respondents agree or strongly agree that the slowdown presents an opportunity to streamline their business through redundancy
• 36 per cent of respondents said that in the next three years, redeploying talent will be an important strategy for their organisation in recruiting and retaining employees
• 42 per cent of respondents agree or strongly agree that they expect their organisation to actively target employees made redundant elsewhere in their sector
• 53 per cent of respondents agree or strongly agree that it is becoming increasingly difficult to recruit and retain talented employees
• 47 per cent of respondents said their organisation will improve training and development in the next 12 months to retain employees
http://stepstone.com/2008/?page=cold-war-for-talent
Would love to hear your take on the results.
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